Citius, Altius, Fortius: w can actuaries reinvent themselves?
|
|
- Erica Atkinson
- 6 years ago
- Views:
Transcription
1 Citius, Altius, Fortius: w can actuaries reinvent themselves? Marc Mer, Magnolia Aspiras, Kaise Stephan 2016, Deloitte Actuaries & Consultants This presentation has been prepared for the 2016 Financial Services Forum. The Institute Council wishes it to be understood that opinions put forward herein are not necessarily those of the Institute and the Council is not responsible for those opinions.
2 It s a process of answering FOUR questions here is the Actuarial Profession now? hat trends are impacting us, our industries, and the environment in hich we work? here do we want the Actuarial Profession to be? ow are we going to get there?
3 here is the Actuarial Profession now?
4 Our current reach: Fields, areas and tools ther / nment Micro Banking Energy Risk Mgmt nancial ice Life Investments General Health Predictive Analytics Public Policy Private Equity Telco / Media Superannuation Valuation Techniques Sporting Social Welfare
5 Our current attributes: The four faces of actuaries
6 uaries tend to be focused on Steward and Operator roles Steward Operator Catalyst Strategist Statutory reporting Management & metrics reporting Technical service delivery (reserving, pricing, capital modelling, etc.) Internal controls & governance Compliance work Resource management Issue diagnostics & resolution Leveraging & driving system capabilities Knowledge management System & process management Helping implement strategy & vision Stakeholder mgmt & negotiation Influencing outside of management lines Organisational change management Business judgement Corporate decision making Setting priorities Set strategy & vision Foster innovation New management reporting Dealing with business ambiguity Profitability decisions Translating data into business terms Business and commercial acumen
7 hat trends are impacting us, our industries, and the environment in which we work?
8 The world is changing RAPIDLY around us Source: World Economic Forum Source: Various estimates
9 Current trends & disruptors = Challenges AND Opportunities THE GOAL chnology External Social Impact Customer Sharing
10 Our current reach ther / nment Micro Banking Energy Risk Mgmt nancial ice Life Investments General Health Predictive Analytics Public Policy Private Equity Telco / Media Superannuation Valuation Techniques Sporting Social Welfare
11 If we DON T adapt ther / nment Micro Banking Energy Risk Mgmt nancial ice Life Investments General Health Predictive Analytics Public Policy Private Equity Telco / Media Superannuation Valuation Techniques Sporting Social Welfare
12 If we DO adapt ther / nment Micro Banking Energy Risk Mgmt nancial ice Life Investments General Health Predictive Analytics Public Policy Private Equity Telco / Media Superannuation Valuation Techniques Sporting Social Welfare
13 Where do we want the Actuarial Profession to be?
14 Where do we want to be? Our Future Vision BREAK INTO NEW FIELDS Where do we want to be? Think more out of the box. BECOME MORE OF A STRATEGIST. Building efficiencies. Delegate and upskill your team. BE A BETTER STEWARD/OPERATOR. Develop a voice. BECOME MORE OF A CATALYST. Be more effective and efficient Stewards and Operators to become more of a Catalyst Strategist Expand into new fields
15 40% Where do we want to be? We want to redefine our traditional roles Steward Operator Catalyst Strategist 30% 20% 10% 25% 20% 30% 25%
16 How are we going to get there?
17 How are we going to get there? We can be more efficient Operators and Stewards Future Vision ant to drive the process rather than the process driving us. We want to be aware of and disruptors affecting the current and future states of the industry we work in. Operator ess Efficiencies ation Effectiveness development and delegation Steward Governance and controls Build market and industry knowledge Use experts experts
18 How are we going to get there? and focus on being a Strategist and Catalyst in the firm Future Vision ur freed up time in a business context way to influence direction within our organisations. enting from negotiation standpoint, influencing others outside our control, plugging into isations strategic direction/pulse. Strategist / Catalyst er develop our education, exposure, experience : practice, practice, practice ess/refocus an interest on functions that are seen as strategic s on things that matter most in order to reach our vision experts
19 What are our options? Assessing our options outside of core actuarial New Skills Existing Retail Financial Advice Predictive Analytics??? Micro Public Policy? General Investments Life Banking Health Superannuation Private Equity Sporting Social Welfare Weather Farming Energy Media? Valuation Techniques Risk Mgmt New
20 How are we going to get there? We want to use our skills in new fields ER MEDIA RTS ENERGY VATE EQUITY PREDICTIVE ANALYTICS OCIAL WELFARE MICROINSURANCE POLITICS FARMING
21 How are we going to get there? Key Insights from non-traditional actuaries orts tuary You can apply your skills in a field that you love. Microinsurance Actuary Many countries do not have actuaries but have the need for protection eg Nigeria is a country of 160m with only 1% of the population insured. Energy Actuary Actuaries need to be less risk-averse and more a risk taker. Negotiation skills are key in this field. Predictive Analytics An actuary who has knowledge of the modelling process can be a bridge or a catalyst between the clients with problems and the statisticians with the statistical models.
22 How are we going to get there? How to be successful in non-traditional fields Personally Don t confine yourself within insurance Be a risk-taker Expand thinking outside the box Take out technical skills into new fields Network o Give talks to other professions on what we can do for them o Informal networking with people in other industries to build confidence with those people in our abilities o Partner with the right people Develop knowledge of the industry, and build contacts Remain close to the actuarial profession Education Set assessments from general scenarios or practical examples, not only insurance Include negotiation skills in CAP course living component Mix soft skills with Part I Learning to price with little to no data, and with non-standard distribution channels Develop communication and management skills Create initiatives on non-traditional fields Liaise with universities to receive appropriate training
23 Concluding remarks Why reinvent? Remain relevant in an ever-changing world, so we can continue to have a strong influence over society. Potential to make an impact on society, to bring credit to our profession and ourselves, to succeed in our roles and careers, and enjoy the work we do. This potential has not been fully tapped. Untapped potential The untapped potential can be seen across our existing/traditional fields where Chief Actuaries themselves are telling us how much they want to change And can also be seen in new fields where we ve learned about actuaries working in non-traditional areas who have given us real-life examples and advice. Take action Role of profession vs individuals take ownership Are you the best placed person to do the job?
24 THE END
The Rise of the Exponential Actuary TM
The Rise of the Exponential Actuary TM Actuaries have the opportunity to spend more time as business strategists and offering voices to the C-suite. Opportunity: The transformation of the actuarial profession
More informationActuarial Transformation The Future Actuary
Actuarial Transformation The Future Actuary Prepared by: Rick Shaw Kaise Stephan Presented to the Actuaries Institute General Insurance Seminar Sydney This paper has been prepared for the Actuaries Institute
More informationActuarial 20/20 Transform the function
Actuarial 20/20 Transform the function Contents 4 Vision: Tomorrow s actuarial function 5 Unlock the power of the actuarial operating model 6 Transform: How services are delivered 8 Transform: Where services
More informationActuaries and the Art of Communication. Deloitte Consulting LLP
Actuaries and the Art of Communication Deloitte Consulting LLP Why Should Actuaries Want to Be Effective Communicators? Actuaries own in a unique position within any organization as the owners of a distinctive
More informationNAVIGATING THE INSURANCE CAREER PATH: Strategies for Success. Assistant Vice President The Jacobson Group
NAVIGATING THE INSURANCE CAREER PATH: Strategies for Success Presented By: Alicia Morris Assistant Vice President The Jacobson Group TODAY S TALENT LANDSCAPE UNEMPLOYMENT RATE Insurance Overall 12% The
More informationMicroinsurance Future in Jamaica-The FSC s Perspective November 4, 2013
Microinsurance Future in Jamaica-The FSC s Perspective November 4, 2013 OUTLINE Mandate of the Financial Services Commission (FSC) Rationale for Microinsurance in Jamaica Development of Microinsurance
More informationHarnessing the 'Bang': from Digital Disruption to Digital Transformation
Harnessing the 'Bang': from Digital Disruption to Digital Transformation Stephen Huppert Deloitte Touche Tohmatsu This presentation has been prepared for the Actuaries Institute 2015 Actuaries Summit.
More informationAuditor s views on IFRS 17 Insurance contracts. EFRAG Board meeting 20 March 2018
Auditor s views on IFRS 17 Insurance contracts EFRAG Board meeting 20 March 2018 1 Addressing EFRAG s request Usefulness and reliability of information in the financial statements Auditability Timing
More informationCASUALTY ACTUARIAL SOCIETY STRATEGIC PLAN
CASUALTY ACTUARIAL SOCIETY STRATEGIC PLAN Adopted August 7, 2017 Contents 1 Overview... 1 2 10- to 30-Year Planning Horizon: Core Ideology... 2 3 Envisioned Future... 4 4 5- to 10-Year Planning Horizon:
More informationSession 23 PD, How Small Companies Can Outperform. Moderator: Terry M. Long, FSA, MAAA. Presenters: Doug Baker Jenna Lauren Fariss, ASA, MAAA
Session 23 PD, How Small Companies Can Outperform Moderator: Terry M. Long, FSA, MAAA Presenters: Doug Baker Jenna Lauren Fariss, ASA, MAAA SOA Antitrust Disclaimer SOA Presentation Disclaimer How Small
More informationArticle from The Modeling Platform. November 2017 Issue 6
Article from The Modeling Platform November 2017 Issue 6 Actuarial Model Component Design By William Cember and Jeffrey Yoon As managers of risk, most actuaries are tasked with answering questions about
More informationThe Power of Moving Forward Together: The CIA Strategic Plan
The Power of Moving Forward Together: The 2017 2019 CIA Strategic Plan About the CIA The Canadian Institute of Actuaries (CIA) is the national, bilingual organization and voice of the actuarial profession
More informationG LO B A L TA L E N T T R E N D S S T U D Y
G LO B A L TA L E N T T R E N D S 2 0 1 8 S T U D Y UNLOCKING GROW TH IN THE HUMAN AGE CSIS Global Dialogue & PECC GM, 6-8 May, 2018, Jakarta, Indonesia Bill Johnston, President Director & CEO Mercer Indonesia
More informationSociety of Actuaries Action Report Presented to. Actuaries Club of the Southwest Bob Beuerlein, SOA President
Society of Actuaries Action Report Presented to Actuaries Club of the Southwest Bob Beuerlein, SOA President The world has evolved rapidly in recent decades. What about us, the actuaries? We have to adapt
More informationReporting UK Progress on Sustainable Development Goals
Reporting UK Progress on Sustainable Development Goals IFoA response to UK Stakeholders for Sustainable Development and the Office for National Statistics 15 April 2016 About the Institute and Faculty
More informationStrategic Planning, Forecasting & Budgeting
Strategic Planning, Forecasting & Budgeting Overview Many organisations use budgeting and forecasting as a means of providing and updating tactical operating plans and controlling costs; but world class
More informationIncrease career awareness Build the pipeline Foster retention and development in the career Improve and strengthen the organization
2 0 1 7 S T R AT E G I C I N I T I AT I V E S INTRODUCTION Over the past few years, we have focused on a long-term strategic plan that was carefully carved out to help us live up to the mission of our
More informationRisk & Analytics. Trends within Insurance Companies Risk Management. Marc Paasch June Willis Towers Watson. All rights reserved.
Risk & Analytics Trends within Insurance Companies Risk Management Marc Paasch June 2017 2017 Willis Towers Watson. All rights reserved. Key drivers & benefits Outcomes from an analytical approach to own
More informationSession 118 PD, Evolution of the Health Actuary. Moderator/Presenter: Joan C. Barrett, FSA, MAAA
Session 118 PD, Evolution of the Health Actuary Moderator/Presenter: Joan C. Barrett, FSA, MAAA Presenters: Roy Goldman, FSA, CERA, MAAA Brian Edward Pauley, FSA, MAAA SOA Antitrust Disclaimer SOA Presentation
More informationSOA STRATEGIC PLAN EXPOSURE DRAFT
2017-2021 SOA STRATEGIC PLAN EXPOSURE DRAFT The SOA is gathering input from its members on this draft 2017 21 Strategy Map. Feedback can be provided at sptf.feedback@soa.org or by completing a short survey
More informationHOW TO CREATE A NICHE
ADVISER KNOWHOW THE WEEKLY TV PROGRAMME FOR ADVISERS BY ADVISERS HOW TO CREATE A NICHE Adding a niche to an existing business isn t always easy. How do you make sure you don t alienate existing clients
More informationThe Global CERA Credential
The Global CERA Credential Joint Regional Seminar August 2010 S. Michael McLaughlin, FSA, CERA, SOA President A Global Credential CERA as a Global Credential Idea emerged from discussions at meetings of
More informationInternal Model Industry Forum (IMIF) Workstream G: Dependencies and Diversification. 2 February Jonathan Bilbul Russell Ward
Internal Model Industry Forum (IMIF) Workstream G: Dependencies and Diversification Jonathan Bilbul Russell Ward 2 February 2015 020211 Background Within all of our companies internal models, diversification
More informationWelcome IAA Officers 2017
Welcome IAA Officers 2017 President Tom Terry (United States) President-Elect Masaaki Yoshimura (Japan) Immediate Past President Executive Director Malcolm Campbell (Sweden) Mathieu Langelier (Canada)
More informationOctober 2010 PRESENTED BY. Visual SenseMaking by Humantific 2010 Liquidnet Holdings, Inc.
October 2010 Liquidnet is the premier global marketplace for institutional investors. Since 2007, the company has devoted a percentage of revenues to social causes through an award-winning corporate social
More informationThis list has been compiled from:
12 Top Reasons Real Estate Investors Fail Created by: Max Wilson at Max Business Group Investment Strategies Division MaxBusinessGroup.com / 724-368-3650 There are many reasons investors fail at real estate.
More informationPredictive Analytics in Life Insurance. Advances in Predictive Analytics Conference, University of Waterloo December 1, 2017
Predictive Analytics in Life Insurance Advances in Predictive Analytics Conference, University of Waterloo December 1, 2017 Format of this session Speakers: Jean-Yves Rioux - Deloitte Kevin Pledge Claim
More informationAsia LEDS Partnership NDC Finance Community of Practice
Asia LEDS Partnership NDC Finance Community of Practice Summary report of Online Session 1 on Introduction to Blended Capital and Green Bonds, August 21, 2018 The second online session of the Nationally
More informationEU Referendum. Why are we doing this? State of play and key issues IFoA activities Discussion / Q&A
EU Referendum Why are we doing this? State of play and key issues IFoA activities Discussion / Q&A Alan Watson, Actuary and Consultant, Aon Hewitt Tim Werkhoven, Policy Manager, IFoA Society of Actuaries
More informationSetting An Enterprise Compass, Executing Insightful Strategies And Deploying A Dynamic WACC
Setting An Enterprise Compass, Executing Insightful Strategies And Deploying A Dynamic WACC Peter Hanlon FTA 29 th Annual Conference November 17, 2016 1 Benefit from Our Experience Financial Institutions
More informationA GUIDE TO A CAREER AS AN ACTUARY
Becoming an Actuary A GUIDE TO A CAREER AS AN ACTUARY Updated: January 2018 Table of Contents 1. About actuaries 2 2. Why become an actuary? 3 3. Where do actuaries work? 4 4. Actuarial Exams 5 5. Actuarial
More informationBREAKING BARRIERS IN INSURANCE
BREAKING BARRIERS IN INSURANCE AB Consultants Ltd is an independent market driver seeking to increase insurance penetration in sub-saharan Africa. One of the ways we do this is through trainings meant
More informationNEW ZEALAND SOCIETY OF ACTUARIES PROFESSIONAL STANDARD NO. 10 CONTINUING PROFESSIONAL DEVELOPMENT MANDATORY STATUS EFFECTIVE DATE: 1 JANUARY 2008
NEW ZEALAND SOCIETY OF ACTUARIES PROFESSIONAL STANDARD NO. 10 CONTINUING PROFESSIONAL DEVELOPMENT MANDATORY STATUS EFFECTIVE DATE: 1 JANUARY 2008 1 Introduction... 2 2 Effective Date... 2 3 Definitions...
More informationTogether We Raise Tomorrow. Alberta s Poverty Reduction Strategy. Discussion Paper June 2013
Together We Raise Tomorrow. Alberta s Poverty Reduction Strategy Discussion Paper June 2013 Discussion Paper June 2013 1 2 Discussion Paper June 2013 Table of Contents Introduction...4 A Poverty Reduction
More informationPresentation by L. B. Abeysinghe - Consultant- SICL At AOA 30 th Anniversary Seminar 26 th August 2014 at Cinnamon Lakeside Hotel Colombo.
Presentation by L. B. Abeysinghe - Consultant- SICL At AOA 30 th Anniversary Seminar 26 th August 2014 at Cinnamon Lakeside Hotel Colombo. 1 Agenda.. Definition & explanations of concepts used in the presentation.
More informationWORKING TOGETHER TO BUILD STRONGER PORTFOLIOS
NOT FDIC INSURED NO BANK GUARANTEE MAY LOSE VALUE WORKING TOGETHER TO BUILD STRONGER PORTFOLIOS Four ways J.P. Morgan helps solve your investment needs The path to a stronger portfolio starts here It takes
More informationBusiness Plan
Business Plan 2017-2019 Contents Executive Summary 3 Introduction 4 1. Market trends 5 2. Member survey 6 3. Strategy 2017-2019 9 Key Priorities 2017-2019 1. Professional 11 2. Research 12 3. Market Information
More informationPart II 2011 Syllabus:
Part II 2011 Syllabus: Part II 2011 is comprised of Part IIA The Actuarial Control Cycle and Part IIB Investments and Asset Modelling. Part IIA The Actuarial Control Cycle The aim of the Actuarial Control
More information2018 Predictive Analytics in Healthcare Trend Forecast
2018 Predictive Analytics in Healthcare Trend Forecast 60% of healthcare executives forecast that using predictive analytics will save their organization 15% or more over the next five years Among those
More informationTHE PAST AND FUTURE OF RISK ASSESSMENT. R. Eager. Arthur D. Little Ltd
THE PAST AND FUTURE OF RISK ASSESSMENT R. Eager Arthur D. Little Ltd From Past to Future Risk assessment is rapidly broadening out from its narrow technical origins. Past Future Technical focus Operator
More informationUK Consumer Digital Index Appendix Benchmarking the digital and financial capability of people in the UK
UK Consumer Digital Index Appendix 2018 Benchmarking the digital and financial capability of people in the UK GLOSSARY Benefits classification The benefits category is made up of : 1. Disability 2. Housing
More informationStress and Scenario Testing Survey
Stress and Scenario Testing Survey Briallen Cummings Gerard Callaghan Georgina Hemmings KPMG This presentation has been prepared for the Actuaries Institute 017 Actuaries Summit. The Institute Council
More informationA GUIDE TO A CAREER AS AN ACTUARY
Becoming an Actuary A GUIDE TO A CAREER AS AN ACTUARY Updated: October 2018 Table of Contents 1. About actuaries 2 2. Why become an actuary? 3 3. Where do actuaries work? 4 4. Actuarial Exams 5 5. Actuarial
More informationInvestment Management Knowledge Sharing for Independent Non-Executive Directors Preparing for the Financial Reporting Season Ahead
Investment Management Knowledge Sharing for Independent Non-Executive Directors Preparing for the Financial Reporting Season Ahead 17 October 2013 Investment Management Knowledge Sharing for Independent
More informationDEVELOPMENT of an ACTUARIAL PROFESSIONAL BODY in SINGAPORE. Yangon, Myanmar. 14 July 2014
DEVELOPMENT of an ACTUARIAL PROFESSIONAL BODY in SINGAPORE Yangon, Myanmar 14 July 2014 Chi Cheng Hock, FFA Development of an Actuarial Professional Body in Singapore Agenda - Context: Singapore Insurance
More informationGuidelines on Continuing Professional Development (CPD)
Guidelines on Continuing Professional Development (CPD) Mary Frances Miller Presidents Forum Sydney, April 2011 With Yvonne Lynch, Erik Alm, Thomas Béhar IAA Strategy To promote professionalism, develop
More informationRemember, your job is to manage working capital (cash) and ensure your company has enough of it to grow and to weather economic downturns.
Remember, your job is to manage working capital (cash) and ensure your company has enough of it to grow and to weather economic downturns. We encourage you to read Simple Numbers, Straight Talk, Big Profits!
More informationManaging longevity risk
Managing longevity risk Working with Towers Watson AWARDS 2014 Deal of the year Managing longevity risk is becoming increasingly important and the market is evolving rapidly. Towers Watson has driven innovation
More informationLocal experts in: Food security Finance Biodiversity Economic development Environmental health. Climate protection. Transportation.
In early 2009, Mayor Gregor Robertson formed the Greenest City Action Team (GCAT) to determine how Vancouver can become the greenest city in the world by 2020. Local experts in: Climate protection Transportation
More informationBorrowing. Portfolio Loan Basic Home Loan Building & Relocation Home Loans Super Fund Home Loan Low Doc Home Loan Seniors Access Home Loan
Borrowing Portfolio Loan Basic Home Loan Building & Relocation Home Loans Super Fund Home Loan Low Doc Home Loan Seniors Access Home Loan We all have different plans in life. At Bank of Melbourne, our
More informationToward greener pastures: How to leverage sustainability initiatives for fi nance transformation
Toward greener pastures: How to leverage sustainability initiatives for fi nance transformation Reporting on sustainability is no longer just an effort to portray good corporate citizenship alongside normal
More informationAI Strategies in Insurance
AI TRANSFORMATION AI Strategies in Insurance Executive Brief Executive Summary The insurance industry is evolving rapidly with large volumes of data and increasing challenges from new technologies. Early
More informationwww.secureretirementinstitute.com Many Americans tell us they are not financially prepared for retirement, and many retirees report they are uncertain how to manage their assets. The LIMRA LOMA Secure
More informationDriving corporate sustainability through risk management
Aon Risk Solutions Global Risk Consulting Driving corporate sustainability through risk management Risk. Reinsurance. Human Resources. Introduction A changing risk context Sustainability risks are increasingly
More informationOpportunities and challenges for microinsurance in Ethiopia. Presentation at Stakeholder Workshop
Opportunities and challenges for microinsurance in Ethiopia Presentation at Stakeholder Workshop Building an inclusive insurance market in Ethiopia 21 October 2008 i. Access frontier 5. DON T WANT IT %
More informationArticle from: The Actuary Magazine. December 2012/January 2013 Volume 9 Issue 6
Article from: The Actuary Magazine December 2012/January 2013 Volume 9 Issue 6 Taking the Actuarial Profession To The Next Level By Tonya B. Manning Letter From The President the following is an excerpt
More informationPrivate Money Lenders Show Real Estate Several Ways to Make Money! By Ryan G. Wright
Private Money Lenders Show Real Estate Several Ways to Make Money! By Ryan G. Wright 2011 Ryan G. Wright. All Rights Reserved Version One No part of this publication may be reproduced or copied, stored
More informationMultiemployer Plan Withdrawal Overview
Multiemployer Plan Overview By Lisa Schilling and Patrick Wiese December 15 Introduction and Executive Summary Multiemployer pension plans (MEPPs) in the United States generally cover unionized participants
More informationPersonal Banking WHITE PAPER SERIES. Using your home equity wisely.
Personal Banking WHITE PAPER SERIES Using your home equity wisely. If certain commercials can be believed, your home s equity is the key to achieving all your wildest dreams. Simply tap in to that wondrous
More informationMicroinsurance Country Diagnostic & Stakeholder Dialogue in Nigeria Stakeholder meeting Abuja, Nigeria 24 October 2012
Microinsurance Country Diagnostic & Stakeholder Dialogue in Nigeria Stakeholder meeting Abuja, Nigeria 24 October 2012 Denise Dias, Denis Garand, Yemi Soladoye Consultants The Country Diagnostic Report
More informationFrom the Finnish National Programme on Ageing Workers (FINPAW) to Socially Sustainable Finland 2020
From the Finnish National Programme on Ageing Workers (FINPAW) to Socially Sustainable Finland 2020 The Ministry of Social Affairs and Health is building a healthy society and sustainable prosperity in
More informationNational Certificate in Insurance Administration. NQF Level 3. Learner Material
Working together for a skilled tomorrow National Certificate in Insurance Administration NQF Level 3 Unit Standard 8986: Research the history of Financial Services in SA. Credits: 10 Notional Hours of
More informationA Floodsmart Future Strategic Flood Risk Management in Brisbane Authors: Ellen Davidge (Brisbane City Council), Greg Rogencamp (Sinclair Knight Merz)
53 rd Annual Floodplain Management Authorities Conference A Floodsmart Future Strategic Flood Risk Management in Brisbane Authors: Ellen Davidge (Brisbane City Council), Greg Rogencamp (Sinclair Knight
More informationL E A D I N G T H R O U G H D I S R U P T I O N W E B I N A R :
H E A L T H W E A L T H C A R E E R L E A D I N G T H R O U G H D I S R U P T I O N W E B I N A R : B U I L D I N G A H U M A N - C E N T E R E D T E C H N O L O G Y T A L E N T M O D E L W E L C O M E!
More informationBusiness Plan
Business Plan 2018-2021 ACCOUNTABILITY STATEMENT I am pleased to provide the 2018-2021 business plan of the Automobile Insurance Rate Board, an independent agency, established by the Minister of Finance
More informationAXA and the Principles for Sustainable Insurance Overview
AXA and the Principles for Sustainable Insurance Overview Isabella Falautano, Responsabile Relazione Esterne e Istituzionali, Chief Corporate Responsibility Officer, Gruppo AXA in Italia Seminario FeBAF,
More informationHeadline Verdana Bold Managing tax Balancing current challenge with future promise The EYE, Amsterdam, 30 November - 1 December 2016
Headline Verdana Bold Managing tax Balancing current challenge with future promise The EYE, Amsterdam, 30 November - 1 December 2016 Marvin de Ridder, Deloitte Netherlands Emmet Bulman, Deloitte UK Tax
More informationStructured Tools to Help Organize One s Thinking When Performing or Reviewing a Reserve Analysis
Structured Tools to Help Organize One s Thinking When Performing or Reviewing a Reserve Analysis Jennifer Cheslawski Balester Deloitte Consulting LLP September 17, 2013 Gerry Kirschner AIG Agenda Learning
More informationYour Career With Tidewater Mortgage Services, Inc.
Your Career With Tidewater Mortgage Services, Inc. TEAM Make the Right Choice! The Best Decision Of Your Career Tidewater Mortgage Services philosophy is superior mortgage solutions, personal service,
More informationPersonal Insurance Consultant
Position Description Personal Insurance Consultant Location: Palmerston North Reporting to: Personal Insurance Team Manager Business Unit: Personal Insurance Direct Reports: Nil Date: March 2013 About
More informationNavigator. Plan Management SUMMARY OF DECISIONS OF LOW COST INDEPENDENT / PROVIDER-SPONSORED HEALTH PLANS LATEST HEALTH PLAN DASHBOARD RESULTS
Plan Management Navigator Analytics for Health Plan Administration Early December 010 SUMMARY OF DECISIONS OF LOW COST INDEPENDENT / PROVIDER-SPONSORED HEALTH PLANS Background and Methodology The decisions
More informationGuide to assessments of fintech credit institution licence applications
Guide to assessments of fintech credit institution licence applications March 2018 Contents Foreword 2 1 Introduction 3 1.1 Background to the Guide 3 1.2 What is a fintech bank? 3 1.3 Assessment of fintech
More informationEXCELLENCE IN RISK MANAGEMENT XIII Emerging Risks: Anticipating Threats and Opportunities Around the Corner
EXCELLENCE IN RISK MANAGEMENT XIII Emerging Risks: Anticipating Threats and Opportunities Around the Corner World Economic Forum Global Risks 2016 1 Key Themes Definitions Assessing and Modeling Emerging
More informationGREATER CERTAINTY AND FLEXIBILITY IN RETIREMENT
METLIFE RETIREMENT PORTFOLIO GREATER CERTAINTY AND FLEXIBILITY IN RETIREMENT ENTER A MORE CERTAIN WORLD Retirement Portfolio Life can be unpredictable, but your retirement shouldn t be As UK market leaders
More informationSchemes spotlight 2016 First Edition
SCHEMES SPOTLIGHT 2016 Schemes spotlight 2016 First Edition The UK schemes market insight: An in-depth review of the schemes market Published by The number 1 UK brand for schemes 1 A foreword from UK General
More informationAMP Elevate insurance
Issue number ₁₆, ₁₀ June ₂₀₁₇ AMP Elevate insurance Product disclosure statement and plan document Life Insurance Life Insurance Superannuation Life Insurance SMSF Total and Permanent Disability Insurance
More informationUniversal Credit claimant guide
Universal Credit claimant guide What is the Universal Credit service? Universal Credit claimant housing guide Universal Credit claimant housing guide If you pay rent to a local authority, council or housing
More informationReady for a rewarding and exciting career?
SM Ready for a rewarding and exciting career? Make your move to United. CREATE YOUR BALANCE Offering a great opportunity with a wide range of programs. United Bank recognizes that different people have
More informationEnterprise Risk Management & the Actuarial Profession in General Insurance
17th Enterprise Risk Management & the Actuarial Profession in General Insurance Gloria Yu & Melinda Howes Outline Background Our Aspirations What we have done so far Our Plan Applications in GI Enterprise
More informationSTART HERE. Small Business Retirement Plans. Prospecting Guide to. American National Insurance Company
American National Insurance Company START HERE Prospecting Guide to Small Business Retirement Plans 1 Getting Started Every business owner needs a plan for retirement. 2 WHY? They work hard to make their
More informationJLT SPORT KEEPING YOU AHEAD OF THE GAME
JLT SPORT KEEPING YOU AHEAD OF THE GAME KEEPING YOU AHEAD OF THE GAME At JLT Sport, we combine our specialist knowledge of the sports sector with market leading expertise to mitigate risk and create safer
More informationKurt Wolfsdorf, President October 16, 2013 Taipei
Kurt Wolfsdorf, President October 16, 2013 Taipei October 2010 Address by Peter Braumüller to IAA Council strong call for international standards of actuarial practice In response, IAA created: Interim
More informationSeptember 23rd - 26th Please, consider NOT to include this page in the printed version in order to preserve the environment
September 23rd - 26th 2012 Effective Budgeting and Cash Flow Management Please, consider NOT to include this page in the printed version in order to preserve the environment Effective Budgeting and Cash
More informationDid poor methodology. sink tower group? ARE YOU NEXT?
Did poor methodology sink tower group? ARE YOU NEXT? Tower Group: a failure in progress since 2007 1.5 1 0.5 0-0.5 Calendar year trend since 2008; 11% Most likely projection Trend to obtain TWGP reserves
More informationExecutive summary Civil Servants Living Condition Survey in 2010
Executive summary Civil Servants Living Condition Survey in 2010 National Statistical Office conducted the first civil servants' living condition survey in 1989 and has continually conducted this survey
More informationTHE REGIONAL MUNICIPALITY OF PEEL AUDIT AND RISK COMMITTEE
THE REGIONAL MUNICIPALITY OF PEEL AUDIT AND RISK COMMITTEE AGENDA ARC - 3/2017 DATE: Thursday, May 25, 2017 TIME: LOCATION: 8:30 AM 9:30 AM Regional Council Chamber, 5th Floor Regional Administrative Headquarters
More informationLAUNCHING A NEW INSURER IN A NEW MARKET:
LAUNCHING A NEW INSURER IN A NEW MARKET: IMPLEMENTATION INSIGHTS Bruce Sahd 7 th Insurance Distribution & Insurtech Conference, 1 September 2017, Cape Town CASEJOHNSON IS AN INNOVATION PARTNER How we help
More informationArticle from. The Actuary. December 2015/ January 2016 Volume 12 Issue 6
Article from The Actuary December 2015/ January 2016 Volume 12 Issue 6 FEATURE EXPERT ADVICE PREDICTIVE PIONEER Q&A WITH IAN DUNCAN, PROFESSOR OF ACTUARIAL SCIENCE Q : Tell us a little about your background.
More informationSMSFs are the largest and fastest growing sector of the super industry
1. What is the opportunity? There s no doubt that Self Managed Super Funds (SMSFs) represent one of the biggest opportunities for financial advisers to grow their business. It s the largest and fastest
More informationThe Global CERA Credential. Presented to: Actuarial Society of Hong Kong 3 February 2010 S. Michael McLaughlin, FSA, CERA, SOA President
The Global CERA Credential Presented to: Actuarial Society of Hong Kong 3 February 2010 S. Michael McLaughlin, FSA, CERA, SOA President A Global Credential CERA as a Global Credential Idea emerged from
More informationSUGGESTED SOLUTION FINAL MAY 2019 EXAM. Test Code - FNJ 7081
SUGGESTED SOLUTION FINAL MAY 2019 EXAM SUBJECT- SCM & PE Test Code - FNJ 7081 BRANCH - () (Date :) Head Office : Shraddha, 3 rd Floor, Near Chinai College, Andheri (E), Mumbai 69. Tel : (022) 26836666
More informationTechnology has reinvented most industries
Technology has reinvented most industries and digital media has become a key advantage for companies to reach, engage and convert today s tech-savvy consumer. By now, most companies have embraced the change
More information2014 COMPENSATION REPORT FOR FINANCIAL PROFESSIONS
2014 COMPENSATION REPORT FOR FINANCIAL PROFESSIONS WE RE CENTURY GROUP. And we execute an average of 1,500 searches a year in finance and accounting. Promptly. Precisely. Reliably. Delivering the kind
More informationTHINK BROADLY. ACT DECISIVELY.
THINK BROADLY. ACT DECISIVELY. COMPLEX CHALLENGES. INNOVATIVE SOLUTIONS. TODAY S COMPLEX, EVER-EVOLVING MARKETS CALL FOR AN INVESTMENT PARTNER WITH THE RESOURCES AND VISION TO LOOK AT THE INTERWOVEN GLOBAL
More informationRISK QUANTIFICATION IN OPERATIONAL RISK
RISK QUANTIFICATION IN OPERATIONAL RISK With some years of loss data collection now achieved, directors and regulators are expecting more and better use of it. CROs and Operational Risk managers need to
More informationThinking allowed Climate-related disclosure. Integrating climate-related information in the annual report
Thinking allowed Climate-related disclosure Integrating climate-related information in the annual report Corporate reporting continues to evolve to meet the expectations of investors as the environment
More informationCross Selling. A Guide for Agents. Version Revised 02/2016 1
Cross Selling A Guide for Agents Version 1.2016 - Revised 02/2016 1 Who is Agent Pipeline? Agent Pipeline, Inc., founded in 1988 as Integrated Benefits, is a privately owned and operated National Insurance
More informationExecutive Summary. There are several outstanding items that need to be finished from the original FIRESCOPE project:
FIRESCOPE S FUTURE Executive Summary The future of the FIRESCOPE program is clearly established in the success of the program s basic tenets. It is also understood that emergency incidents will continue
More informationRBC Managed Portfolios
RBC Managed Portfolios More than just an investment Whether it is building long-term wealth or generating a steady stream of cash flow from your savings, the RBC Managed Portfolios program is a sophisticated
More informationYour Fund Update. Contents. We re delighted to let you know that we ve opened two new offices in Sydney, at Chatswood and Gymea.
Your Fund Update Financial Year ending 30 June 2018 Message from the CEO We re delighted to let you know that we ve opened two new offices in Sydney, at Chatswood and Gymea. In this issue of Your Fund
More information