August 2017

Series of Events from the Society of Actuaries (SOA)

Predictive Analytics Seminar—Seoul, South Korea

The SOA is conducting the SOA Predictive Analytics Seminar on September 8 to provide a learning and networking platform in the Asia-Pacific region for members and non-members. Registration is open.

Predictive Analytics Symposium—Chicago, U.S.

The first SOA Predictive Analytics Symposium will take place from September 14–15. It has been organized in collaboration with the Predictive Analytics and Futurism Section and features multiple tracks for all levels of those interested in predictive analytics, from beginner to advanced. Register now.

Health Predictive Analytics Seminar—Philadelphia, U.S.

Join the SOA from October 2–3 for the Health Predictive Analytics Seminar. This interactive, hands-on event will provide attendees with the opportunity to apply practical knowledge of statistical techniques that are broadly relevant in actuarial work. Early-bird registration is available until September 5.

Annual Meeting and Exhibit—Boston, U.S.

Don’t miss the 2017 SOA Annual Meeting & Exhibit from October 15–18, featuring more than 160 leading-edge educational sessions plus renowned speakers and thousands of professional actuaries in attendance. Registration is now open.

Data Science Lecture—Edinburgh, UK

The Autumn Lecture of the UK Institute and Faculty of Actuaries is entitled Data Science and its Potential for Actuaries and Policy Making and will take place on September 13 from 18:00–19:30 BST.

It will be delivered by Michael Sanders (pictured), chief scientist and head of research and evaluation at the Behavioural Insights Team (BIT). His team supports the BIT’s policy work through the design and analysis of randomized controlled trials, as well as the use of quasi-experimental methods and data science. The team also leads a series of trials encouraging charitable donations, volunteering and social action.

This event is being live-streamed online and is available to everyone. If you aren’t able to view it live, the recording will also be made available at a later date. Please click here to book for the live stream.

IAA Banking Working Group Webinar: Actuaries Bringing Value to Banks by Implementing IFRS9

On behalf of Michael Tichareva, Chair of the IAA Banking Working Group, you are invited to participate on an upcoming webinar titled “Actuaries Bringing Value to Banks by Implementing IFRS9”. This webinar will be held on Tuesday, 19th September 2017, at 10:30 a.m. (Eastern Daylight Time) // 16:30 p.m. (South African Standard Time).

Michael Tichareva will chair the webinar and will be joined by 3 seasoned professionals, Matthew Walker - Deloitte (South Africa), Ania Botha - KPMG (South Africa) and Christian Marini - Prometeia (Italy), who have been working with the implementation of IFRS 9.

The webinar will cover the background of IFRS 9, how IFRS 9 is implemented and impacts banks as well as the skills required to be successful in implementing it. The actuarial skills will be brought centre-stage to highlight why actuaries are well-suited to operate in this space to ensure successful implementation of IFRS 9 in the banking sector. The transfer of the skills gained from working with IFRS 9 to other areas of banking and practice areas will also be discussed.

The discussion will last for 1.5 hours and will include a 30-minute question and answer session.

Click here to register

Council and Committee Meetings—Chicago, U.S.

Less than a month remains to book a place at the next meetings of the IAA Council and Committees, which will take place in Chicago, IL, at the Westin Chicago River North Hotel from October 3–8. Held at the invitation of the SOA, Casualty Actuarial Society, Conference of Consulting Actuaries and ASPPA College of Pension Actuaries, they bring together actuaries and other experts from around the world to network and collaborate.
In conjunction with these meetings, several special events will take place:

  • October 3:
    • Population Issues and the Mortality working groups are planning a seminar, Mortality and Other Contingencies: Actuarial Science and the Public Interest.
    • Actuarial Society of South Africa’s seminar on “The Actuary in Banking”, which will include a South African case study to demonstrate the actuarial value-add in banking, as well as other perspectives and experiences from banking practitioners in other countries. A networking opportunity with light refreshments will conclude the event.
  • October 4:
    • Breakfast: Women Leaders in the Actuarial Profession, featuring speakers Gunn Albertsen (Norway), Tonya Manning (USA), Roseanne Murphy Harris (South Africa) and Lisa Wade (Barbados).

      Roundtables: FMA’s and public policy; Diversity in the profession; and, Actuarial Research.

The meeting program is online, and registration will close on September 17.

6th Actuarial Symposium in Colombia

On October 26th and 27th , 2017 the Colombian Association of Actuaries (Asociación Colombiana de Actuarios), will hold its Sixth International Actuarial Symposium in Bogotá, Colombia. This is the main actuarial event of the country and is attended by actuaries, statisticians, risk professionals, and actuarial students. Predictive analytics, risk management, and regulation are among the topics on the agenda. In addition, on October 25th there will be a Professionalism Course and on the 28th specialized short courses on Interest Rate Models and Predictive Modelling.

This is a great opportunity to join together, network and learn about the latest developments in our profession. Special registration prices for students are available. For further details, visit our website

The Actuarial Society of Kenya (TASK) 2017 Actuarial Convention
This year, the TASK actuarial convention will run from 15th to 16th November 2017 at the Radisson Blu Hotel, Nairobi. The theme will be “Harnessing Opportunities in East Africa.”
The Council of the Actuarial Society of Kenya is pleased to invite IAA members to the convention, where attendance contributes to continuous professional development hours (CPD).

The convention is expected to attract over 400 delegates all over the world and will provide a platform for professionals, decision makers and industry players in the Kenyan and regional financial industry to talk about the changes in the industry (insurance, banking, mutual societies, capital markets, employee benefits & risk management), its effect, and solution and how as professionals we can help.
For more information, please visit the event website or contact

European Actuarial Academy GmbH (EAA)

A Primer in Life Insurance Products—October 9–10 in Italy
The low-interest environment, new regulations, additional requirements from sales channels and retail clients, and the advent of technological movement in life insurance business (“InsurTech”) are changing the game. Business written in the past is less profitable than expected, best practice is no longer good enough, and some product types are just not working any longer.

This seminar, taking place in Milan, is suited for actuaries and actuarial trainees as well as life insurance professionals directly or indirectly involved in product management, product development (projects), investment management, product strategy projects or corporate and business development. It is especially suited for actuaries and actuarial trainees who have not yet gained deep and long-term experience in life products and life product development.

For more details and to register, visit the EAA website.

Advanced Non-Life Pricing & Profitability Analysis: Modern Techniques with R Applications—October 26–27 in Spain
Non-life insurance is facing many challenges, ranging from fierce competition in the market to evolution in the distribution channel used by the consumers and evolution of the regulatory environment.

Pricing is the central link between solvency, profitability and market shares (volume). Improving pricing practice encompasses several areas, including technical issues, competition, elasticity and segmentation. The aim of this seminar is to present advanced actuarial/statistical techniques used in non-life pricing, competition analysis and profitability analysis. It will focus on practical problems faced by pricing actuaries and product managers, and present new techniques used in non-life pricing to open new perspectives for product development (competition analysis, profitability analysis, etc.).

Registration forms and more details of the seminar, which is being held in Madrid, are on the EAA website.

EAA Forum: “Business Simulation Game on Risk and Capital Management under Solvency II” on 16/17 November 2017 in Copenhagen
With Solvency II in place since 1 January 2016, a large and detailed regulatory framework has been laid out. This opens new risks and opportunities to insurance companies, which decision makers need to be aware of. Therefore, the European Actuarial Academy offers the world’s first Solvency II Business Simulation Game. The very successful pilot event was rated “excellent” by the participants overall. Afterwards, we have received feedback like “The best seminar till now! Thank you!” or “The best EAA event I have taken part in so far. Both: very useful and fun for me. Thank you for that.”. Now the EAA Forum “Business Simulation Game on Risk and Capital Management under Solvency II” is scheduled again for 13/14 November 2017 in Copenhagen, Denmark, this time in cooperation with Den Danske Aktuarforening.

The course, led by executive coach Dominik Maier, is be based on an interactive management simulation developed by TATA Interactive Systems and Swiss Re. For two days, you will take the challenging role of an executive board, managing an insurance company under the new Solvency II regime. By participating in this business simulation, you will get the chance to work in international teams, develop your own strategies and directly experience the effects of Solvency II on insurance markets. Through the Solvency II Business Simulation Game, you will learn how to succeed in Europe’s challenging insurance markets by understanding the impacts of risk and capital management under Solvency II.

Are you interested in this challenge and want to learn how to overcome difficulties based on Solvency II regulations? Then do not hesitate and register now online. Please find all details and the registration form under

IAA/EAA seminar collaboration: Save your place for the seminar “Stochastic Modeling – Theory and Reality from an Actuarial Perspective” from 27-29 November 2017 in Athens, Greece

In cooperation with the International Actuarial Association (IAA), the EAA – European Actuarial Academy GmbH offers a seminar based on the book “Stochastic Modeling – Theory and Reality from an Actuarial Perspective” (© 2010 International Actuarial Association). The seminar format includes parallel sessions for life and non-life insurance, as well as a number of hands-on workshops. All participants will receive a copy of the book with a value of CAD 125.00 which intends to provide actuaries with a comprehensive resource that details current stochastic methods, provides background on the stochastic technique as well as their advantages and disadvantages. The seminar is scheduled to take place for the 8th time already. Please make sure to save your place soon as the event was sold out quickly in the past. You may find all details and the registration form online under upcoming seminars at The book can be ordered here.

Caribbean Actuarial Association’s 27th Annual Conference—Bahamas
The Annual Conference of the Caribbean Actuarial Association (CAA) brings together leading actuaries and other professionals in the financial services industry. The agenda features regional and international specialists in the fields of pensions, life and health insurance, investment, and property and casualty insurance.

This year’s event, at Atlantis Paradise Island Resort, will take place from November 29–December 1. On November 29, the SOA will host an Associate Professionalism Course and there will be a four-hour professionalism session focused on business ethics.
CAA conferences are also known for their memorable social events, which are not to be missed. This time, there will be both on- and off-island evening events.

Additional information will be posted to the CAA’s website and Facebook page. Book a place now.

5th African Actuarial Congress

ICA 2018—Germany

The next International Congress of Actuaries (ICA 2018) will be held from June 4–8 in Berlin, and with 2,000 participating experts from all over the world expected to attend it is considered one of the leading international conferences for actuarial science and mathematical finance.

The call for papers for the program has closed; organizers are reviewing more than 570 abstracts from actuaries, practitioners and academics representing over 50 countries. Authors will be notified in November regarding the final decision and next steps. The congress program of the ICA 2018 will feature more than 220 talks and presentations in 12 parallel lecture halls as well as around 30 invited speakers’ sessions with well-known invited experts in their fields. Additionally, daily plenary sessions with internationally renowned guest speakers from insurance, regulation and academia will focus on topics relevant for all delegates.

Bursaries will be granted to candidates who would not otherwise be able to participate, as determined by an IAA-appointed task force. To apply for a bursary, please ensure that you comply with the selection criteria and submit the information required on the application form by November 10. Should you have any questions about the selection process please contact Karla Zuñiga.

For more details, visit the congress website. The provisional program will be released on November 20, and registration will open on December 1.

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