105.643 Actuarial Modeling
This course is in all assigned curricula part of the STEOP.
This course is in at least 1 assigned curriculum part of the STEOP.

2022W, VO, 2.0h, 3.0EC
TUWEL

Properties

  • Semester hours: 2.0
  • Credits: 3.0
  • Type: VO Lecture
  • Format: Presence

Learning outcomes

After successful completion of the course, students are able to...

  • describe the basics of actuarial modeling,
  • explain and apply the modeling process (Actuarial Control Cycle),
  • choose the models according to the situation,
  • understand calibration, validation and sensitivity tests
  • assess the adequacy of basic models in life insurance, especially with regard to Solvency II and composite insurance.

Subject of course

  • Basics of actuarial modelling
  • The modelling process (Actuarial Control Cycle)
  • Modelchoice, calibration, validation, sensitivity analysis
  • Basic models in life insurance and non-life insurance with special focus on Solvency II

Teaching methods

The basic contents and concepts are presented by the head of the LVA and illustrated and discussed with the help of examples.

Mode of examination

Written

Lecturers

Institute

Course dates

DayTimeDateLocationDescription
Wed16:00 - 20:0019.10.2022 - 14.12.2022FH 8 Nöbauer HS - MATH Krischanitz (3 Termine)
Actuarial Modeling - Single appointments
DayDateTimeLocationDescription
Wed19.10.202216:00 - 20:00FH 8 Nöbauer HS - MATH Krischanitz - 1. VO-Einheit ONLINE via Zoom: https://tuwien.zoom.us/j/91711827781?pwd=NGx5bnd4ejNVa2dqRkY2RjEzZEp2QT09
Wed09.11.202216:00 - 20:00FH 8 Nöbauer HS - MATH Krischanitz
Wed23.11.202216:00 - 20:00FH 8 Nöbauer HS - MATH Krischanitz
Wed30.11.202216:00 - 20:00FH 8 Nöbauer HS - MATH Ziehaus
Wed07.12.202216:00 - 20:00FH 8 Nöbauer HS - MATH Ziehaus
Wed14.12.202216:00 - 20:00FH 8 Nöbauer HS - MATH Ziehaus

Examination modalities

The performance is assessed by an examination at the end of the semester.
See: https://fam.tuwien.ac.at/lehre/pr/

Exams

DayTimeDateRoomMode of examinationApplication timeApplication modeExam
Tue12:00 - 14:0017.09.2024FH Hörsaal 1 - MWB written01.01.2024 00:00 - 10.09.2024 23:59TISSPrüfung 2023W (letzter Termin)

Course registration

Begin End Deregistration end
01.09.2022 00:00 30.06.2023 23:59 31.12.2022 23:59

Registration modalities

Anmeldung nur für Vorlesungsunterlagen notwendig!

Curricula

Study CodeObligationSemesterPrecon.Info
066 405 Financial and Actuarial Mathematics Mandatory
860 GW Optional Courses - Technical Mathematics Not specified

Literature

No lecture notes are available.

Previous knowledge

Idealerweise wurden vorab folgende Vorlesungen besucht:
- Lebensversicherungsmathematik
- Sachversicherungsmathematik (Reservierungsmethoden, Prämienmodellierung, Rückversicherung)
- Statistik und Wahrscheinlichkeitstheorie
- Buchhaltung und Bilanzierung im Finanzwesen

Language

German