Mathematical Modelling for Actuaries

Event Type
Web Session
Organizer
European Actuarial Academy (EAA)
Date
Time

Monday 22nd November and Tuesday 23rd November 2021

Start time: 8.00 am IST

End time: 4.00 pm IST

Venue
Online - zoom
Description

Announcements from the European Actuarial Academy organiser:  Actuaries are very experienced in modelling financial risks either stemming from population dynamics or from random events. Probability theory and statistics is their daily bread. But there are many other phenomena out in the world without having a direct financial impact but should be understood by actuaries as well. This web session is about models which typically are not covered in full by actuarial exams, but which could bring better insights to risks actuaries have to price. We will cover models from many different areas, whether it is medicine, construction, meteorology, biology or others. Of course, this web session can only give some examples of typical models and type of models, but it should enable participants to find more in literature or develop their own ideas.

The web session is developed for all kind of actuaries, risk managers or other interested persons in mathematical modelling. Participants should ideally have some basic general knowledge of mathematical ideas and notation.

Technical requirements: Please check with your IT department if your firewall and computer settings support online participations (the programme Zoom is used for the web session).

The purpose of the online training is to open the mind for problems which are by nature not actuarial but are very much linked to typical actuarial questions. It should enable actuaries and risk managers to think out of the box and find new ways to solve their challenges.

Click here to make a reservation. Your early-bird registration fee is € 600.00 plus 19% VAT for bookings by 11 October 2021. After this date, the fee will be € 780.00 plus 19% VAT.

Agenda

Monday, 22 November 2021
Introduction to Mathematical Modelling
Categories of Mathematical Models
Mathematical Models in Biology and Medicine
Mathematical Models in Physics and Technics

Tuesday, 23 November 2021
Mathematical Models in Geology and Meteorology
Mathematical Models in Economy and Finance
Mathematical Models in Sociology and Human Behaviour
Summary, Discussion and Conclusion

Speakers/Presenters
Christoph Krischanitz
Biographical details

Christoph Krischanitz
Christoph is a Senior Manager with Milliman and is leading the Milliman practice in Austria. He has twenty years of experience in actuarial consulting in all relevant fields of businesses. He was always very passionate about modelling and among many non-standard models he also developed an internal model for a non-life insurance company. Beside his professional career he served six years as president of the Actuarial Association of Austria and also six years in the Board of the AAE as chairman of the Investment and Financial Risk Committee (nowadays Risk Management Committee). He started his career as Research Assistant for Mathematics at the University of Vienna and still holds a lectureship at the Technical University of Vienna for Actuarial Modelling in Non-Life.