actuarial-academy.com

What It Is

The European Actuarial Academy (EAA) is a continuing education provider for actuaries headquartered in Germany. It was founded in 2005 by the actuarial associations of Germany, Austria, Switzerland, and the Netherlands. Positioned as a “knowledge center for European actuaries,” it offers continuing education, training courses, and conference events for certified actuaries and professionals working in the actuarial field.

Core Courses and Formats

EAA’s courses are highly specialized, covering topics such as life insurance product calculation, Markov chains, Solvency II, IFRS, pensions, risk management, actuarial data science, machine learning, and generative AI. Course formats include online Web Sessions, in-person seminars, and conferences; online courses are delivered via Zoom. Some programs are more structured, such as the CERA qualification program and the EAA Certificate in Actuarial Data Science. Individual course pages typically list learning objectives, target participants, technical requirements, instructor backgrounds, and CPD credits, making them well suited to professional continuing education needs.

Pricing

Based on the examples collected, a 2-hour online Web Session starts at an early-bird price of €160.00 and a regular price of €210.00. For German customers, prices including 19% VAT are €190.40 and €249.90 respectively. VAT rules are relatively detailed and depend on factors such as whether the buyer is an individual or a company, whether they are located in the EU, and whether they have a valid VAT ID. Registration is binding, and cancellations are usually only possible up to two weeks before the course starts. For the same event, the 6th participant from the same company can attend free of charge.

Pros and Cons

Its strengths include strong institutional backing, a high degree of actuarial specialization, instructors with backgrounds in insurance, reinsurance, consulting, or data science, and CPD credit references from multiple national actuarial associations. The course topics also keep pace with industry developments, such as AI, GenAI, and Power BI. Its limitations are that the system is clearly Europe-focused and does not show a direct connection to Chinese actuarial exams or regulatory continuing education requirements. Pricing is charged per individual event, so the cost of systematic study can be relatively high. Courses are taught in English, which may be a barrier for Chinese-speaking users.

Who It’s For and Access from China

It is best suited to insurance company actuaries, risk management professionals, chief actuaries, actuarial data scientists, and professionals who already have an actuarial foundation and need international CPD records. Users in mainland China can select China during registration, but online courses rely on Zoom, so actual access and stability may be affected by the local network environment. As a result, access should be considered “partially restricted.”