Lunch & Learn | Does Autocalibration Improve goodness of lift ?

Lunch & Learn

We are pleased to invite you to participate to our next Lunch & Learn* on "Does Autocalibration Improve goodness of lift ?".

Given in English by our consultants Timo Anteunis (TAP), Nicolas Ciatto (TAP) and Harrison Verelst (TCP), this hybrid session will take place on November 22, 2022, from 12:30 to 13:30 (UTC+1).

We offer you the option to participate Online or Onsite in our offices in Brussels. It's FREE and OPEN to everyone.

*Our Lunch & Learn sessions discuss our publications over lunchtime, based on the brown-bag session concept (Food & beverages provided onsite).

Introduction

This Lunch & Learn will present the content of our FAQctuary 2022-2 about the same topic.

Autocalibration is a desirable property since it ensures that the information contained in a candidate premium is used without any bias. It turns out to be intimately related to the method of marginal totals that predates modern risk classification methods. The present Lunch&Learn aims to assess the impact of autocalibration on the goodness of lift. It is shown on several case studies that autocalibration does not only restore global and local balances but also improve lift.

About the speakers

Harrison Vereslt is part of the Talent Consolidation Program (TCP). Prior to joining Detralytics, Harrison worked at Belfius (BE) as Quantitative Risk Analyst and at QBE Re as Analytics analyst. His tasks ranged from the review of model risk provisions to technical support to Non-Life underwriting department and development of pricing tools. Harrison holds two Master’s degrees in Mechanical Engineering and Quantitative Finance and he is currently in the second year of the Actuarial Science Master at ULB.

Nicolas Ciatto is part of the Talent Accelerator Program (TAP). Prior to joining Detralytics, Nicolas did an actuarial internship at Axa Belgium, in corporate healthcare. He worked on the implementation of Non-Life methods in the sight of a priori and a posteriori pricing. Nicolas holds a Master’s degree in Actuarial Science from ULB (BE). His thesis focused on credibility methods.

Timo Anteunis is part of the Talent Accelerator Program (TAP). Prior to joining Detralytics, Timo did an internship in the Actuarial department at EY Belgium. He worked on the development of a Solvency II benchmarking tool for the Belgian insurance market. Timo holds a Master’s degree in Actuarial and Financial Engineering from KU Leuven (BE). His thesis focused on improving fraud detection models with social networks.