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 (Personenversicherungsmathematik; includes Life-, Health-, Pension- and non-life insurance mathematics)
  • Economic and Legal Environment (Wirtschaftliches und rechtliches Umfeld)
  • Applied Stochastics (Angewandte Stochastik)
  • Financial Mathematics and Risk Assessment (Finanzmathematik und Risikobewertung)
  • Accounting, Enterprise Risk Management  and Modeling (Modellierung und Enterprise Risk Management)
  • Data Science and AI (Data Science und künstliche Intelligenz)

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

For more information see here: link.  

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", "Probability Theory and Statistics" and "Stochastics I".

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

  • Data Science und künstliche Intelligenz  (as part of the lecture „Actuarial Data Science“)
  • 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“)

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“)
  • Finanzmathematik und Risikobewertung (as part of the lecture „Derivatives“)