EAA – European Actuarial Academy GmbH

What EAA – European Actuarial Academy GmbH does

EAA – European Actuarial Academy GmbH is a Cologne-based professional education company founded on 29 August 2005 by the Actuarial Associations of Germany, Austria, Switzerland, and the Netherlands to meet rising demand for actuarial knowledge in Central and Eastern Europe. The organization delivers continuing professional development (CPD), two structured qualifications — CERA (Certified Enterprise Risk Actuary) and the EAA Certificate in Actuarial Data Science — and two annual conferences (the EAA e-Conference on Data Science & Data Ethics and CONVENTION A). Delivery occurs through Zoom-based web sessions, in-person seminars across European venues (e.g., Vilnius), and supporting e-learning capsules, with course materials available in English, German, and Spanish for exams. EAA operates a community-led go-to-market: 15+ national actuarial associations act as education partners and referral channels, while 35 additional global partners support CONVENTION A's cross-time-zone programming.

EAA's curriculum increasingly features AI/ML content — generative AI, transformer architectures, vision-enabled LLMs for motor claims, agentic AI pipelines, and retrieval-augmented generation — delivered by practitioners drawn from consultancies and insurers such as Reacfin, Earnix, and Oliver Wyman. The technology stack for delivery is deliberately simple (Zoom for live sessions, Brevo for newsletter marketing, WordPress-style CMS on actuarial-academy.com); EAA does not build proprietary AI products but treats AI literacy as a featured pillar of its actuarial data science track.

The revenue model rests on three streams: tiered course registration fees (€160–€1,800+ net depending on format), structured sponsorship packages for seminars and web sessions, and examination fees administered through DAV. Target customers are practicing actuaries seeking CPD credits across 25+ countries, risk managers pursuing ERM credentials, actuarial data scientists, and insurance/financial institutions funding employee training. The company is structured as a German GmbH, managed by Henning Wergen with a small event-management team, and operates without disclosed external investment or public revenue figures.

Name

EAA – European Actuarial Academy GmbH

Legal name

EAA – European Actuarial Academy GmbH

Website

https://actuarial-academy.com

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

11–50 employees

Short description

EAA – European Actuarial Academy GmbH is a Cologne-based professional education company founded in 2005 by four major European actuarial associations to deliver CPD training, CERA and Actuarial Data Science qualifications, and conferences to practicing actuaries across Europe.

Ownership category

akta.pro rank

Product category

Actuarial Professional Education and Qualifications

NAICS

Educational Services (611), Technical and Trade Schools (6115)

SIC

Services-Educational Services (8200), Services-Membership Organizations (8600)

akta.pro primary industry

Financial Services & Insurance (FINRA, CFP, IAR, Insurance CE) (EDAAALAJ)

akta.pro secondary industry

Continuing Education (CE/CPD) & Provider Accreditation Bodies (EDADACAF)

Keywords

• Actuarial continuing education
• Professional actuarial qualifications
• Risk management training
• Insurance education programs
• Actuarial data science

Headquarters

HQ city

Cologne

HQ country

Germany

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Training Course Fees: EAA generates revenue primarily through registration fees for web sessions, seminars, and training courses. Pricing varies by event type, with early-bird and regular rates for private customers, businesses, and EU/non-EU participants. Fees range from approximately €160 for single-session events to over €1,500 for comprehensive multi-day programs.
2. Sponsorship Revenue: EAA offers sponsorship packages for seminars and web sessions, allowing companies to present their products and services to a targeted audience of actuarial professionals from multiple countries.
3. Examination Fees: Revenue generated from CERA and EAA Certificate in Actuarial Data Science examinations, administered through DAV.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

EAA – European Actuarial Academy GmbH delivers continuing professional education and formal actuarial qualifications for actuaries and insurance/risk professionals across Europe. Its offerings include web sessions, in-person seminars, conferences, and structured credentialing programs such as the CERA qualification and the EAA Certificate in Actuarial Data Science, developed in partnership with 15+ national actuarial associations.

Product overview

EAA – European Actuarial Academy GmbH is an educational services company offering a portfolio of actuarial qualifications and training programs. The core qualifications include CERA (Certified Enterprise Risk Actuary) for enterprise risk management and the EAA Certificate in Actuarial Data Science (a four-module program: Basic, Advanced, Immersion, Completion). Training delivery consists of EAA Web Sessions (online via Zoom) and EAA In-Person Seminars. The company also hosts the annual EAA e-Conference on Data Science & Data Ethics and co-hosts the CONVENTION A global online event with actuview. The product portfolio is structured as qualification programs with associated training delivery modes, rather than a software platform.

Differentiator

Problem solved

Functional benefit

Products and services

• CERA (Certified Enterprise Risk Actuary) Qualification

Quantifiable outcome

• CPD credits available in 25+ countries including Austria, Belgium, Czechia, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Lithuania, Netherlands, Norway, Poland, Portugal, Serbia, Slovakia, Slovenia, Spain, Switzerland, and USA (SOA)
• +1 more outcomes

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability10 records

Feature3 records

Partnerships

26 partnerships are on record, tiered core, premium and superior.

• Deutsche Aktuar Akademie GmbH (DAA)coreStrategic or Co-development Partner · 29 August 2005Founding partner organization. DAA and EAA share branding and logos, with DAA representing the German national implementation of EAA's European programs. DAA administers CERA and Actuarial Data Science exams on behalf of EAA.
• Actuarieel Instituut (Netherlands)coreStrategic or Co-development PartnerFounding partner of EAA. Represents the Dutch actuarial association in EAA's collaborative educational framework, contributing to curriculum development and national delivery of EAA programs.
• Schweizerische Aktuarvereinigung (SAV)coreStrategic or Co-development PartnerFounding partner representing Swiss actuaries. SAV collaborates with EAA on professional development programs and CERA qualification delivery in Switzerland.
• ÖFdV GmbH (Austrian Actuarial Association)coreStrategic or Co-development PartnerFounding partner providing Austrian perspective and contributing to EAA's multilingual program delivery, particularly for German-speaking participants.
• DAV - German Actuarial AssociationcoreStrategic or Co-development PartnerEducation partner administering CERA and Actuarial Data Science examinations. EAA's CERA curriculum is based on DAV's globally recognized education and examination system.
• AVÖ - Aktuarvereinigung Österreichs (Austrian Actuarial Association)coreStrategic or Co-development PartnerEducation partner recognizing EAA programs. Members can obtain Certified Actuarial Data Scientist designation through AVÖ by completing EAA Certificate requirements.
• IABE - Institut des Actuaires BelgiumcoreStrategic or Co-development PartnerBelgian actuarial association education partner for EAA programs.
• CAC - Col.legi d'Actuaris de CatalunyacoreStrategic or Co-development PartnerCatalan actuarial association education partner.
• CSA - Czech Society of ActuariescoreStrategic or Co-development PartnerCzech actuarial association education partner.
• DDA - Danish Actuarial AssociationcoreStrategic or Co-development PartnerDanish actuarial association education partner.
• SA - Suomen Aktuaariyhdistys (Finnish Actuarial Association)coreStrategic or Co-development PartnerFinnish actuarial association education partner.
• HAD - Hellenic Actuarial Society (Greece)coreStrategic or Co-development PartnerGreek actuarial association education partner.
• SOAI - Society of Actuaries in IrelandcoreStrategic or Co-development PartnerIrish actuarial association education partner.
• AG - Actuarieel Genootschap (Netherlands)coreStrategic or Co-development PartnerDutch actuarial association education partner.
• DNA - Den Norske Aktuarforening (Norwegian Actuarial Society)coreStrategic or Co-development PartnerNorwegian actuarial association education partner.
• SAD - Slovenian Actuarial AssociationcoreStrategic or Co-development PartnerSlovenian actuarial association education partner.
• IAE - Instituto de Actuarios Españoles (Spanish Institute of Actuaries)coreStrategic or Co-development PartnerSpanish actuarial association education partner. CERA exams available in Spanish.
• SAf - Svenska Aktuarieföreningen (Swedish Actuarial Association)coreStrategic or Co-development PartnerSwedish actuarial association education partner.
• SAV - Schweizerische Aktuarvereinigung (Swiss Actuarial Association)coreStrategic or Co-development PartnerSwiss actuarial association education partner.
• actuviewcoreGTM or Marketing PartnerCONVENTION A hosted with actuview support. EAA e-Conference recordings available on actuview platform. Strategic media partnership for content distribution to actuarial community.
• 35 Global Partners (CONVENTION A)coreStrategic or Co-development PartnerCONVENTION A global online event premiered in 2022 with support from 35 partners worldwide, enabling participation from all time zones.
• ReacfinpremiumImplementation/ SI/ Consulting PartnerPREMIUM-Sponsor of EAA ALM training courses. Reacfin provides instructors (Pierre Devolder, François Thirion, Catherine Chatelain, Natacha Brouhns) for Assets and Liabilities Management seminars.
• EarnixsuperiorImplementation/ SI/ Consulting PartnerSUPERIOR sponsor of GenAI web session. Earnix provides lecturers (Marcus Looft, Noa Zamstein) for AI-related training content.
• Oliver WymancoreGTM or Marketing PartnerSponsor of EAA e-Conference on Data Science & Data Ethics. Provides strategic support for annual conference events.
• Lietuvos Aktuarų Draugija (Lithuanian Actuarial Society)coreStrategic or Co-development PartnerCo-organizer of Advanced Applications of Generative AI in Actuarial Science seminar held in Vilnius, Lithuania.
• Aktuarvereinigung Österreichs (AVÖ)coreStrategic or Co-development PartnerCo-organizer of Actuarial Data Science Advanced course. EAA programs lead to AVÖ Certified Actuarial Data Scientist designation.

Scale indicators4 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• Milliman (Actuarial Education): Global actuarial consulting firm offering training programs and research for insurance and financial services professionals. Competes with EAA for the same practitioner audience, especially on technical and regulatory topics.
• Oliver Wyman (Actuarial Education): Management consultancy with a major actuarial practice that already sponsors EAA's e-Conference on Data Science & Data Ethics. Comparable as a content-rich actuarial training provider, though delivered through consulting engagements rather than standalone credentials.
• International Actuarial Association (IAA): Global umbrella organization for actuarial associations worldwide. While not a direct credentialing competitor, IAA sets syllabi and accreditation frameworks that shape the same demand for actuarial CPD that EAA serves.
• Aon (Actuarial & Analytics Training): Global professional services firm whose actuarial practice delivers internal training and external client education. Adjacent peer that competes for the same corporate training budgets EAA targets from insurance and financial services firms.
• PwC (Actuarial Services & Training): Big Four firm with a substantial actuarial practice and internal/external training offerings. Overlaps with EAA in delivering technical and AI-related upskilling to insurance actuarial teams across Europe.

Direct peers

• Institute and Faculty of Actuaries (IFoA): UK-based chartered body offering actuarial qualifications (CM1–CS2, CP1–CP3) and a deep continuing education catalog. Overlaps directly with EAA in pan-European CPD delivery and qualification-based training.
• Casualty Actuarial Society (CAS): US-based professional society focused on property/casualty actuarial credentials and continuing education. Comparable in delivering structured credentials and CE-eligible seminars to a specialized actuarial audience.
• Deutsche Aktuar Akademie (DAA): EAA's founding German national implementation partner. DAA administers EAA's CERA and Actuarial Data Science examinations in Germany and shares branding and curriculum, making it the closest functional twin of EAA at the national level.
• Society of Actuaries (SOA): US-based professional body delivering actuarial credentials (ASA, FSA) and CPD-eligible continuing education. SOA is already a CPD partner for EAA in the US market, making it the most directly comparable global credentialing and education peer.

Regional players

• Be-Actuaris: Belgian actuarial association that also delivers continuing education programs to its members. Comparable as a national/regional peer delivering CE for actuaries in its home market; competes with EAA for Belgian actuarial training share.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/european-actuarial-academy

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about EAA – European Actuarial Academy GmbH