For many years, Addactis has been supporting numerous actuarial institutes around the world. Addactis is glad to announce that, as a further demonstration of its support, the RiskTech for Insurance becomes the new Silver Sponsor of the Spanish Actuaries Institute.
Training Actuaries and Encouraging Research & Development
Two values shared by Addactis and the Spanish Institute of Actuaries
In addition to regulating, ordering and promoting the actuarial profession in Spain, the Institute is responsible for a high-quality actuarial practice, respectful of standards and ethics. The Institute periodically organises congresses, training courses, conferences and debates for Spanish professionals and academics, where they can meet and participate in discussions that enrich the profession with their analyses and conclusions.
“Our commitment to actuarial education has always been very strong at Addactis. It was therefore only natural to show our support to the Institute, which is actively involved in training the actuaries of today and tomorrow. I am very happy and proud of this partnership”
Indeed, through its “Young Talents” Program, Addactis welcomes and trains many interns and work-study students each year, who contribute directly to the development of our analytics solutions, combining high value-added consulting and highly technical software.
Addactis also organises “Pricing Games”, a competition between students based on solving an actuarial problem. Participants must build a pricing project from start to finish to find the best solution to the problem. Addactis has twice organised and animated a Pricing Game for actuarial students of the University of Malaga, and each time it has been a very rich experience, both for the students and for the Addactis experts.
The main objectives of such an event if for students to:
- Have a global idea of the non-life pricing process
- Understand the role of the actuary as a risk analyst and its impact on decision making.
- Be able to link modelling theory with the construction of technical premiums
“As of our team members, they will have access to the Institute’s training and webinars, and we will also have the great opportunity to organize two webinars of our choice during the year, so stay tuned!”
Addactis, a key player for insurers in the Spanish market
Present in the Spanish market since 2011, Addactis supports insurers throughout their value chain with its actuarial software solutions.
Addactis is increasing its business in Spain, particularly on regulatory activity, and more specifically on the IFRS 17 Standard, as insurers must comply with the requirements by 2023.