For the second consecutive year, ISEG achieved third place in the 2019 Society of Actuaries Student Research Case Study Challenge, which is organised by the Society of Actuaries (SOA) – one of the most important professional associations in the insurance sector in the world.
This was the only Portuguese team to be present on the podium, performing better than prestigious international universities, such as Boston University and Columbia University, among others.
Over the course of eight weeks, ISEG's Masters of Actuarial Science student team analysed a real-life Practical Case for the conception of car insurance for self-driven vehicles. The team demonstrated creativity and all of its actuarial skills, achieving third place in this prestigious competition, which is organised by SOA, a Society that is dedicated to the promotion of education and research for the actuarial profession, in direct partnership with Universities all around the world.
"It is with great pleasure and pride that we acknowledge this international recognition of the excellence of the Masters in Actuarial Science students, for the second consecutive year.In addition to the team that achieved third place, another ISEG team reached the semi-finals, which is remarkable, considering the number and quality of all the competing universities", declared Maria de Lourdes Centeno, Coordinator of the Masters.
" It is with great pride (even for our country) that we see ISEG place a team in the Top 3 of the World of this important international competition in the area of Insurance and Risk. Furthermore, this award is a repeat in 2019 of the achievement of 2018! Additionally, this year another ISEG team reached the semi-finals. Congratulations are due to our students and their professors who supported the ISEG students in a unique and personalised way. ISEG's internationalisation strategy is bearing fruit – as can be seen – as a result of investing in a very solid, quantitative education, which is focussed on business reality and the challenges that face the world around us", referred Clara Raposo, Dean do ISEG.
ISEG’s Masters in Actuarial Science is classified in 15 th Place, among the top 50 Masters in Insurance in the world, according to EDUNIVERSAL.
Further information is available on: https://www.soa.org/research/opportunities/2019-student-case-study