Announcement

The evaluation of the submitted projects was completed! The Data Science Challenge Award Ceremony will take place in July 2021 🏆 We will announce the Top 3 Winners and after the ceremony the winning projects will be available online for everyone. 

Once again a big Thank you to everyone who participated! You all did a great job 🤩👍

About our Data Science Challenge

In a joint effort of the Actuarial Association of Austria, the Slovak Society of Actuaries and UNIQA, the Data Science Challenge 2021 was launched to promote the actuarial profession to students. Combining data from different sources and gaining new insights by creative and innovative visualizations or any other statistical procedure is sometimes called a data mash up. The goal of this challenge is to find a suitable dataset related to the financial or insurance industry and make a data mash up.

Am I allowed to participate?

The competition is open to all interested persons of legal age which can participate individually or as a group. Groups may consist of a maximum of 3 people. All participants competing for the main prizes must be enrolled at a European university with a valid university email address at the time of submission and must not exceed the age of 30. All other participants who are either over 30 and/or do not have a valid mail address of an European university are welcome to take part in the challenge but out of competition for the cash prizes.

How do I take part?

Detailed description (participation rules, requirements for the submission, evaluation of the analyses, prizes etc.) can be found HERE

PLEASE MAKE SURE YOU READ AND UNDERSTAND OUR RULES AND CONDITIONS OF PARTICIPATION BEFORE SUBMITTING YOUR ANALYSIS.

What can I win?

The following prizes will be awarded to the first 3 places among all participants who meet all the requirements as specified above:

1st place 1000 EUR

2nd place 600 EUR

3rd place 400 EUR

If you are a contender for one of the main prizes, we will be in touch at the end of the competition to verify eligibility.

The winning project, among all submissions that are not eligible to participate in the cash competition, will be rewarded with a goodie bag and the option for a two-year free AVÖ membership. The option can only be used by natural persons who are not yet members of AVÖ and who either have a university degree with a mathematical foundation and are engaged in financial or actuarial mathematics or who are or have been performing a qualified actuarial activity.

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