Institute of Insurance Science

Actuarial Exams (DAV) at the University of Ulm

This additional education is regulated by the German association of actuaries (DAV). The membership of this organization gives you the right to bear the title “Actuary (DAV)” and requires passed exams in all so-called basic subjects:

  • Insurance Mathematics (includes Life-, Health-, Pension- and non-life insurance mathematics)
  • Economic and Legal Environment
  • Applied Stochastics
  • Financial Mathematics and Risk Assessment
  • Modeling and Enterprise Risk Management
  • Corporate Management

For all of these subjects, you can obtain a certificate by passing the corresponding exam at Ulm University.

To become a member of the DAV you also need basic knowledge in measure theory, elementary probability theory and statistics as well as compulsory seminars in communication and professionalism. Additionally, you have to pass four DAV exams about special knowledge.

Furthermore, the basic knowledge in measure theory, elementary probability theory and statistics can be acknowledged (responsible for this is our secretary) if you have successfully taken part in the lectures "Measure Theory", "Propability Theory and Statistics" and "Stochastics I".

In the winter term we offer the follwong courses with DAV-certificates:

  • Versicherungsmathematik (Teil Personenversicherungsmathematik as part of the lecture „Life-/Health- and Pension-Mathematics“)
  • Angewandte Stochastik (as part of the lecture „Risk Theory I“)
  • Unternehmenssteuerung (as part of the lecture „Risk Management in Insurance“)
  • Finanzmathematik und Risikobewertung (as part of the lecture „Derivatives“)

In the summer term we offer the follwing lectures with DAV-cetificates:

  • Versicherungsmathematik (Teil Schadenversicherungsmathematik as part of the lecture „Risk Theory 2“)
  • Modellierung (as part of the lecture „Asset Liability Management“)
  • Wirtschaftliches und rechtliches Umfeld (as part of the lecture „Insurance Economics“)