actuteam Championship: Victory after five days on the Board

From 6 to 10 September the first Championship was held as an online event. Five teams with a total of 23 players from all over the world took part. At the end, the team from the IAA ASTIN Section were the winners. Second and third places went to the teams from the SAV from Switzerland and the DAV team respectively. After four simulated business years and dozens of decisions, they achieved the best result. We’d like to congratulate them on winning the title of actuteam Champions 2021!

The actuteam Championship was hosted this year, for the first time, by the Actuarial Media Center in the actuview partner network. The insurance strategy simulation exercise, developed by the renowned Swiss Re Institute, is especially aimed at actuaries working in insurance. The objective of the exercise is to assume the position of a board member in a small or medium-sized insurance company and to run the company in realistic conditions and scenarios. After each simulated business year, the individual strategic decisions of the teams are assessed and discussed and the actuteam Champions are finally announced. Play took place across the whole world -- from Austria to France, from Norway to New Zealand and the USA. A total of 23 players in five teams represented 10 different countries. In addition to the international ASTIN Section and the EAA – European Actuarial Academy, which gave individual actuaries the opportunity to participate, the Actuarial Associations of France and Switzerland as well as the DAV each entered their own teams. Membership of the DAV team was decided by ballot among members who are particularly engaged in the Association as well as new members. 

Has this whetted your appetite? 

You can find more information on the actuteam Championship and further reporting about the pilot challenge on www.actuteam.com.