A Primer on the Actuarial Profession. Phillip Persley Senior Actuarial Analyst, Collective Health
|
|
- Bertram Gregory Watkins
- 5 years ago
- Views:
Transcription
1 A Primer on the Actuarial Profession Phillip Persley Senior Actuarial Analyst, Collective Health
2 Personal Background Originally from Los Angeles Graduated from UC Berkeley (Cal) in 2011 Applied Mathematics Major. Emphasis: Actuarial Science and Computational Methods Heavily involved in STEM outreach and development Focused on research most of my time in college Became a student parent halfway through college Career Path: Rael & Letson June 2011 through Feb 2012 Blue Shield of CA Feb 2012 through Jan 2016 Collective Health Jan 2016 through Present Interests: Sports Manchester United, LA Lakers Politics Domestic and International
3 What is An Actuary? An actuary is a professional dealing with the assessment and management of risk for financial investments, insurance policies, and any other ventures involving a measure of uncertainty (Source: Investopedia) An actuary is a business professional who deals with the financial impact of risk and uncertainty. (Source: Wikipedia) Actuaries evaluate risk and opportunity applying mathematical, statistical, economic and financial analyses to a wide range of business problems. (Source: IAA web site) Spreadsheet Monkey with a Math Fetish (Source: Unknown)
4 Fictional Actuaries Ben Stiller (Along Came Polly) Edward Norton (Fight Club)
5 Areas of Work Insurance Property and Casualty (P&C) Life Insurance Health Insurance Benefits Industry Health Benefits Retirement Benefits Social Security Financial Services Industry Banks, investments, risk management Mergers & Acquisitions
6 Where do Actuaries Work? Insurance Companies Reinsurance Companies Consulting Firms State Departments of Insurance (DOIs) Rating Bureaus Other (non-insurance companies) Tech Companies & Startups
7 U.S. Actuarial Organizations Society of Actuaries (SOA) Life insurance, Health insurance, Pension Casualty Actuarial Society (CAS) Property and Casualty American Academy of Actuaries (AAA) sets qualification, practice, and professionalism standards for actuaries in the United States
8 How Do I Become An Actuary? Typically major in a STEM field Math, Stats, and Economics are most common Complete Exams, VEEs, Professionalism Courses Path will vary between ASA/FSA and ACAS/FCAS Most employers expect college graduates to have completed at least 2 exams Develop and sustain a strong skill set Continuing education once credentialed Network Often overlooked by those new to the field Networking leads to potential This is how I ended up at CH, and how my reference ended up at CH
9 Why Did I Choose This Career? Financial Considerations High Starting Salary Strong growth in career earnings Exam passes = salary raise + bonus Very secure after becoming credentialed Relevance & Impact Work has a direct impact on peoples lives Application of STEM Cross-functional approach to problems Ability to apply soft skills more so in a consulting environment Exams seemed interesting Acquisition of useful knowledge Significant investment of personal time Mixed feelings about this
10 Exams See Exhibit
11 Actuarial Careers Typical Progression Start as an analyst, pass exams Progress to a more senior role More likely to progress further as a Fellow than as an Associate Generally, an emphasis on biding time. Progression through attrition or expansion In general, people tend not to spend 5+ years in a job before changing More ambitious individuals have chosen to move into traditionally non-actuarial functions/roles A lot of opportunities emerge after becoming credentialed Have to be willing to relocate Small world, especially outside of traditional Actuarial centers About 10% of all Actuarial jobs are in the Western Us across all sectors ~26k (credentialed) members in the SOA; 6k members of the CAS
12 Career Progression My Career Progression Started in the Retirement Sector, but made every effort to move to the Health Sector Strong performer at BSC Very good work, but less than stellar exam results Work was valued, but not influential Mid Time to make a change Good working relationships and friendships, but opportunities weren t apparent Willing to consider non-actuarial and non-health related jobs Made sure not to sell myself short Quick progression desired Opportunity to be highly influential in my organization and externally Necessary to expand my knowledge base and step outside of my comfort zone Wanted to be involved in every phase of what I was working conception to execution
13 Collective Health Employer Based Health Insurance What is a TPA? What makes CH different from others? Why Do I Enjoy Working At Collective Health?
14 My Experience at CH Senior Actuarial Analyst Responsible for Monthly and Quarterly Reporting Built or significantly overhauled all of our reports Python, Excel, SQL Incorporate industry standards and client requirements Produce reports and field questions related to them Ad-Hoc Reporting: Field and respond to client requests More than triple clients in 2017 compared to 2016 Minimal, if any, additional staffing What more can we automate, particularly for standard reports? How do we manage expectations within the organization and externally? Understanding my own areas for growth
Actuarial Mathematics
Actuarial Mathematics 1 / 6 2 / 6 3 / 6 Actuarial Mathematics Jobs in mathematics and actuarial science rank in the nation s Top 3, according to a 2015 Career Cast study.mathematicians excel in a variety
More informationIntroduction to the Actuarial Career. Presented by Bruin Actuarial Society Spring Quarter 2018
Introduction to the Actuarial Career Presented by Bruin Actuarial Society Spring Quarter 2018 TOC 1. What is an actuary? 2. What does an actuary do? 3. In which industries do actuaries work? 4. What do
More informationBecoming an Actuary Quick Overview
The University of Akron Department of Statistics Actuarial Science Program Becoming an Actuary Quick Overview Aug 29, 2018 Nao Mimoto, Ph.D. https://www.uakron.edu/statistics/actuarial-science/ What Does
More informationBecoming an Actuary Quick Overview
The University of Akorn Department of Statistics Actuarial Science Program Becoming an Actuary Quick Overview What does an Actuary Do? Underwriter for Various Insurance Company Models and Measures Risk,
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 informationREGISTRATION PACKET FOR ACTUARIAL SCIENCE MAJORS (Interdisciplinary Math/Stat Actuarial Science 7AP)
6/06 REGISTRATION PACKET FOR ACTUARIAL SCIENCE MAJORS (Interdisciplinary Math/Stat Actuarial Science 7AP) For students who entered the Actuarial Science Program as freshmen in August, 2006. PLEASE READ
More informationREGISTRATION PACKET FOR ACTUARIAL SCIENCE MAJORS (Interdisciplinary Math/Stat Actuarial Science 7AA)
1/07 REGISTRATION PACKET FOR ACTUARIAL SCIENCE MAJORS (Interdisciplinary Math/Stat Actuarial Science 7AA) For students who enter the School of Science June 1, 2005 or after (including new, transfer, and
More informationCASstudentcentral.org. Rising in the Actuarial Profession through the CAS
` Rising in the Actuarial Profession through the CAS Anthony Ip, Senior Product Analyst, Pacific Specialty Ziruo Wang, ACAS, Actuary & Senior Analyst, Aon University Liaisons, CAS Outline What is an Actuary?
More informationIs Risk Your Opportunity?
Is Risk Your Opportunity? PRESENTED TO UNIVERSITY OF IOWA SEPTEMBER 16, 2008 MARK YU Vice President & Marketing Actuary, Client Markets Swiss Re Life and Health North America Overview What Is An Actuary?
More informationChartered Enterprise Risk Analyst Credential (CERA) IAA Presidents Forum Edward L. Robbins, FSA October 29, 2007
Chartered Enterprise Risk Analyst Credential (CERA) IAA Presidents Forum Edward L. Robbins, FSA October 29, 2007 Overview Society of Actuaries (SOA) identified the need for a new credential to demonstrate
More informationRising in the Actuarial Profession
Rising in the Actuarial Profession through the CAS Iva Yuan, FCAS, MAA California Polytechnic University, Pomona November 8, 2012 www.casact.org Outline What is an Actuary? What skills are needed to be
More informationBecoming an Actuary: An Analysis of Auburn s Curriculum and General Advice to Prospective Actuarial Students. Bryan McMeen
Becoming an Actuary: An Analysis of Auburn s Curriculum and General Advice to Prospective Actuarial Students Bryan McMeen June 22, 2011 1 Table of Contents A Brief Overview of the Actuarial Career Qualification
More informationActuary do? What is an Actuary? What does an
What is an Actuary? Actuaries put a price tag on future risks. Actuaries have been called financial engineers and social mathematicians because their unique combination of analytical and business skills
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 informationPresented by: Cecil Bykerk, SOA President December 5, 2008
Presented by: Cecil Bykerk, SOA President December 5, 2008 1 Overview 2 Overview The Chartered Enterprise Risk Analyst (CERA) credential encompasses the most comprehensive and rigorous demonstration of
More information2011 ANNUAL MEETING ASSEMBLÉE ANNUELLE 2011
2011 ANNUAL MEETING ASSEMBLÉE ANNUELLE 2011 June 29-30 les 29 et 30 juin Session/Séance : CIA University Accreditation Program Speaker(s)/Conférencier(s) : Peter Muirhead, Peter Douglas, Chris Fievoli
More informationHugh Lakshman, FSA, MAAA Director & Actuary Commercial Markets Independence Blue Cross Philadelphia, PA
TECHNOLOGY (Vote for up to three candidates) Hugh Lakshman Henry Han Chen Paul San Valentin Shyam Kolli Ravi Bhagat Shane Kohls Guangwei Fan Hugh Lakshman, FSA, MAAA Director & Actuary Commercial Markets
More informationXiaojie (Jane) Wang, FSA, CERA Predictive Analytics Lead Swiss Re Armonk, NY
PREDICTIVE ANALYTICS AND FUTURISM (Vote for up to three candidates) Xiaojie (Jane) Wang Wai (Ryan) Tse Michael Niemerg Jeff Huddleston Garfield L. Francis Bryon Robidoux Kathleen Wang Xiaojie (Jane) Wang,
More informationActuarial Science. Summary of Requirements. University Requirements. College Requirements. Major Requirements. Requirements of Actuarial Science Major
Actuarial Science 1 Actuarial Science Krupa S. Viswanathan, Associate Professor, Program Director Alter Hall 629 215-204-6183 krupa@temple.edu http://www.fox.temple.edu/departments/risk-insurance-healthcare-management/
More informationDeveloping Actuarial Capacity Illinois State University
Developing Actuarial Capacity Illinois State University Katie School of Insurance and Financial Services James Jones, Director Actuarial Program Center of Actuarial Excellence Krzysztof Ostaszewski, Director
More informationFirst General Meeting
Actuarial Association First General Meeting UCSB Actuarial Association 3:00 pm HSSB 1174 Becoming an Actuary The Profession Consistently rated a top 10 job Goals Actuaries often hold C-level positions
More informationScenario of Actuarial study program in Bangladesh.
w w w. I C A 2 0 1 4. o r g Scenario of Actuarial study program in Bangladesh. A.K.M. Elias Hussain President Actuarial Society of Bangladesh About Bangladesh : The economy of Bangladesh is a rapidly developing
More informationThe CAS Basic Education System. Jim Dornfeld, FCAS MAAA CPCU ARM Iowa Actuaries Club February 14, 2017
The CAS Basic Education System Jim Dornfeld, FCAS MAAA CPCU ARM Iowa Actuaries Club February 14, 2017 Casualty Actuarial Society World s only actuarial organization exclusively focused on property and
More informationWELCOME. to the 49 th Actuarial Research Conference at UC Santa Barbara
WELCOME to the 49 th Actuarial Research Conference at UC Santa Barbara Thank you to our sponsors! UC Santa Barbara Member of the prestigious Association of American Universities, one of 61-research-intensive
More informationSo You Want To Be An Actuary?
UCSD Actuarial Information Presentation & Recruiting Event So You Want To Be An Actuary? Alice Alsberghe, ASA, MAAA Overview What is an Actuary? What do Actuaries do? Where do Actuaries work? What is great
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 informationUNDERGRADUATE DEGREE PROGRAM LEONARD N. STERN SCHOOL OF BUSINESS NEW YORK UNIVERSITY
ACTUARIAL SCIENCE UNDERGRADUATE DEGREE PROGRAM LEONARD N. STERN SCHOOL OF BUSINESS NEW YORK UNIVERSITY 02/26/2013 1. THE ACTUARIAL SCIENCE PROFESSION Have you ever wondered how insurance companies and
More informationCurrent CAS Issues and Directions. CAS Spring Meeting May 18, 2011
Current CAS Issues and Directions CAS Spring Meeting May 18, 2011 Agenda CAS Vision and Purpose Education: Actuarial Skill Set CERA Update Bylaws proposals Associate Rights Joint Discipline International
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 informationA Career As. An Actuary?
A Career As An Actuary? Photo A CAREER AS AN ACTUARY? Choosing a career will likely be one of the most important decisions of your life. To make a wise choice, you will need much careful
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 informationIAA and the EDUCATION of ACTUARIES
IAA and the EDUCATION of ACTUARIES Training the actuaries of the future for a global profession Chris Daykin, Chief Executive, IAA Fund IAA Fund Meeting for Asia Hong Kong, 9-10 May 2012 INTERNATIONAL
More informationDIVERSITY AND INCLUSION
Newsletter of the International Association of Black Actuaries PROFESSIONAL INSIGHT NEW REPORT HOLDS KEYS TO DIVERSITY AND INCLUSION FIVE BARRIERS REVEALED Contact Information: IABA, PO Box 270701 West
More informationAllstate at a glance
Allstate at a glance FUN facts about ALLSTATE Allstate started Allstate s ranking on DiversityInc Top 50 Companies for Diversity in 2012 Allstate s rank on InformationWeek s Top 250 Companies for Innovative
More informationInsurance Regulations, Regulatory role of the Actuary and Actuarial Profession: India, the experience and learning points for Myanmar
Insurance Regulations, Regulatory role of the Actuary and Actuarial Profession: India, the experience and learning points for Myanmar Yangon, Myanmar 14 July 2014 Liyaquat Khan, Member - IAA Asia Subcommittee
More informationActuaries Abroad. Roger M. Hayne, PhD, FCAS, MAAA Associate Adjunct Professor University of California, Santa Barbara
Actuaries Abroad Roger M. Hayne, PhD, FCAS, MAAA Associate Adjunct Professor University of California, Santa Barbara Actuaries Around the World Actuaries practice in most countries around the world As
More information2018 Penn State Actuarial Science CAREER FAIR. Business Building Atrium Monday, 17 September :00 PM 8:00 PM
2018 Penn State Actuarial Science CAREER FAIR Business Building Atrium Monday, 17 September 2018 5:00 PM 8:00 PM A Message from the Penn State Actuarial Science Club The Penn State Actuarial Science Club
More informationWhile located in the small town of Lancaster, Gabriella Godde s geographic reach extends to the entire state of California.
GABRIELLA GODDE While located in the small town of Lancaster, Gabriella Godde s geographic reach extends to the entire state of California. GABRIELLA GODDE Loan Officer Gabriella Godde of Castle & Cooke
More informationUpcoming Changes to the SOA Education Requirements
Upcoming Changes to the SOA Education Requirements STUART KLUGMAN, FSA, CERA, PhD Senior Staff Fellow, Education SOCIETY OF ACTUARIES June 27, 2017 Today s Topics 2017 FM/MFE Changes ASA Changes Why ASA
More informationMemorandum. To: Enhancements to Associate Status in the Institute Document
Memorandum To: All Fellows, Affiliates and Associates of the Canadian Institute of Actuaries From: CIA Board of Directors Associateship Implementation Task Force Date: March 30, 2011 Subject: Enhancements
More informationMAKE A MEANINGFUL DIFFERENCE BECOME AN ACTUARY
MAKE A MEANINGFUL DIFFERENCE BECOME AN ACTUARY This information has been prepared by the Actuarial Society of South Africa. The Office of the Actuarial Society will gladly provide further information or
More informationSlide 1. Slide 2. Slide 3. Northeastern Ohio Actuarial Collaboration. Thomas Wakefield Youngstown State University
Slide 1 Northeastern Ohio Actuarial Collaboration Thomas Wakefield Youngstown State University Slide 2 Undergraduate Mathematics and Statistics at Youngstown State University 150 undergraduate mathematics/mathematics
More informationFreshman Workshop. UCLA Bruin Actuarial Society
Freshman Workshop UCLA Bruin Actuarial Society Agenda Introduction to the actuarial career, at UCLA and beyond Preliminary exams Skills employers look for in actuaries Timeline of next 4 (or fewer) years
More informationUniversity Program Resource
University Program Resource A GUIDE FOR UNIVERSITY ACTUARIAL PROGRAMS Access the digital version of this guide at UniversityProgramResourceGuide.SOA.org. Contents 3 Welcome! 4 Who Can Benefit from This
More informationINDEPENDENT ACTUARIAL CONSULTANTS
INDEPENDENT ACTUARIAL CONSULTANTS CORPORATE PROFILE Independence Empowerment Value Our Mission IAC strives to be the premier independent actuarial and investment consulting firm in South Africa. This is
More informationCareer Path FSA. Start AIA. 1. Associated of the Society of Actuaries ASA/ Associated of Institute and Faculty of Actuaries AIA
How to qualify as an Actuary To become an actuary, one must successfully pass certain requirements by Society of Actuary (SOA) or Institute of Actuary. For those who wonder how the system works, there
More informationCHALLENGES TO OVERCOME
Welcome! CHALLENGES TO OVERCOME With the students of today and the job-seekers of tomorrow 1 2 3 S T U D E N T S F O R C E D T O I N C U R L A R G E A M O U N T S O F D E B T I N E X C H A N G E F O R
More informationIAA and the EDUCATION of ACTUARIES
IAA and the EDUCATION of ACTUARIES Training the actuaries of the future for a global profession Chris Daykin, Chief Executive, IAA Fund Second African Congress of Actuaries Nairobi, 3-4 November 2011 INTERNATIONAL
More informationIntro to P&C and CAS
Casualty Actuarial Society Property & Casualty Intro to P&C and CAS BRUIN ACTUARIAL SOCIETY Property & Casualty Insurance Also known as General Insurance Two components: (1) Property and (2) Casualty Property
More informationCertified Actuarial Analyst (CAA) a truly global qualification. Trevor Watkins
Certified Actuarial Analyst (CAA) a truly global qualification Trevor Watkins 15 May 2015 Education Strategic Objective To provide high quality qualifications for our students and lifelong education for
More informationPresenters* Agenda. Copyright 2009 by the American Academy of Actuaries
Presenters* Attestation of Actuarial Equivalence for RDS Program: A Timely Review of Requirements, Issues, and Qualifications Webcast March 24, 2010 Sponsored by the Academy s Council on Professionalism
More informationCERTIFIED ACTUARIAL ANALYST QUALIFICATION. Invest in your company s greatest assets
CERTIFIED ACTUARIAL ANALYST QUALIFICATION Invest in your company s greatest assets 1 What is the Certified Actuarial Analyst (CAA)? The Certified Actuarial Analyst (CAA) is an internationally recognised
More informationMSc in Actuarial Science MSc in Actuarial Management MSc in Insurance & Risk Management
MSc in Actuarial Science MSc in Actuarial Management MSc in Insurance & Risk Management MSc Programmes ACTUARIAL & INSURANCE Actuarial Science Actuarial Management Insurance & Risk Management MANAGEMENT
More informationArticle from: The Actuary. October/November 2011 Volume 8 Issue 5
Article from: The Actuary October/November 2011 Volume 8 Issue 5 CPD Attestation The numbers are in The facts, stats and everything you wanted to know about how people met the requirement, and some tips
More information2014 Seminar on P/C Effective Loss Reserve Opinions Speaker Bios. Dec. 2-3, 2014 Westin Baltimore Washington Airport Baltimore, MD
2014 Seminar on P/C Effective Loss Reserve Opinions Speaker Bios Dec. 2-3, 2014 Westin Baltimore Washington Airport Baltimore, MD Sue Gozzo Andrews, MAAA, FCAS, RPLU+ Sue is the Chief Property Casualty
More informationEnterprise Risk Management. University of Nebraska Max J. Rudolph, FSA CFA CERA Rudolph Financial Consulting, LLC February 15, 2008
Enterprise Risk Management University of Nebraska Max J. Rudolph, FSA CFA CERA Rudolph Financial Consulting, LLC February 15, 2008 1 Enterprise Risk Management (ERM) Key Points Get paid for the risks you
More informationPredictive Analytics STUART KLUGMAN. Senior Staff Fellow. June 7, 2018
Predictive Analytics STUART KLUGMAN Senior Staff Fellow June 7, 2018 Predictive Analytics What is it? Why does the SOA care about it? What is the SOA doing about it? Pre-qualification education Continuing
More informationWelcome! Glenn Rust, President and CEO. John Acchione, Director of Education (FCLA)
Welcome! Welcome! Glenn Rust, President and CEO John Acchione, Director of Education (FCLA) CHALLENGES TO OVERCOME With the students of today and the job-seekers of tomorrow 1 2 3 S T U D E N T S F O R
More informationCenters of Actuarial Excellence. B-Level Criteria Guidance Updated February 23, 2018
Centers of Actuarial Excellence Guidance Updated February 23, 2018 To be designated a Center of Actuarial Excellence (CAE), a school must meet the B-Level criteria (in addition to meeting A-level criteria.
More informationAfrica Sub-Committee Three Year Draft Work Plan. Cape Town, 21 November 2016
Africa Sub-Committee Three Year Draft Work Plan Cape Town, 21 November 2016 Agenda State of the Actuarial Profession in Africa Draft Work Plan of Africa Sub-Committee STATE OF THE ACTUARIAL PROFESSION
More informationOffered By TAF Center for Actuarial Training 1
Offered By TAF Center for Actuarial Training 1 Developing home-grown and sustainable actuarial capacity for the markets served by TAF Consulting Group Practical, relevant and contextualized actuarial training
More informationActuarial Science, M.S.
Actuarial Science, M.S. 1 Actuarial Science, M.S. FOX SCHOOL OF BUSINESS AND MANAGEMENT (http://www.fox.temple.edu) About the Program The Fox School of Business and Management has a longstanding tradition
More informationContinuing Professional Development (CPD) Requirement
SOCIETY OF ACTUARIES Continuing Professional Development (CPD) Requirement MARCH 2009 TABLE OF CONTENTS Introduction 1 A. SOA CPD Requirement 3 B. Basic Requirement Provisions 4 C. Alternative Compliance
More informationSusan B. Watson th Place West Des Moines, IA (515)
Susan B. Watson 801 57 th Place West Des Moines, IA 50266 (515) 480-0259 susan.watson@drake.edu --------------------------- CORE PROFESSIONAL STRENGTHS --------------------------- Leadership Vision casting
More informationJay M. Jaffe, FSA, MAAA Actuarial Enterprises, Ltd. Chicago, IL UCSB
Jay M. Jaffe, FSA, MAAA Actuarial Enterprises, Ltd. Chicago, IL 60610 312-397-0099 jay@actentltd.com UCSB 9-15 1 An invitation was extended through my friend Ian Duncan To exchange ideas and meet with
More informationThe Qualification Standards for Actuaries Issuing Statements of Actuarial Opinion in the United States (effective January 1, 2008)
The Qualification Standards for Actuaries Issuing Statements of Actuarial Opinion in the United States (effective January 1, 2008) Presented by the American Academy of Actuaries Council on Professionalism
More informationActuary of Tomorrow. The Stuart A. Robertson Memorial Scholarship
Actuary of Tomorrow The Stuart A. Robertson Memorial Scholarship This Scholarship opportunity was established in Stuart Robertson s name to honor his dedication to excellence and to recognize his tremendously
More informationVisit us at: Page 1 of 5
Session 1: Education Curriculum 2019 & Examination System Presented By: Dr. Sriram & Mr. Souvik Jash K. Sriram Consulting Actuary K. Sriram is a Consulting Actuary engaged in Employee Benefits Consulting
More informationCandidates for Election of Council Members for 2015
Candidates for Election of Council Members for 2015 Sai-Cheong Foong MEc FIAA FSA CERA Group Chief Actuary AIA Group Limited 1 Mr. Sai Cheong Foong is the Group Chief Actuary of AIA Group Limited. He is
More informationClaudine Modlin. ACAS May 1998 FCAS May 1999
I m committed to help the CAS develop clear strategy for education, research and credentials, within the CAS and icas, to ensure members meet market demands. Education: Bachelor s Degree in Mathematics
More informationRisk Management & Insurance
Risk Management & Insurance 1 Risk Management & Insurance R. B. Drennan, Program Director Alter Hall 628 215-204-8894 rob.drennan@temple.edu http://www.fox.temple.edu/departments/risk-insurance-healthcare-management/risk-management-and-insurance/
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 informationSALARY GUIDE INSURANCE EXPERTISE
2016 SALARY GUIDE INSURANCE EXPERTISE Contents Introduction... 3 City & Lloyd s Market... 4-9 Home Counties... 10-13 West Midlands... 14-17 East Midlands... 18-21 South West... 22-25 The North... 26-29
More informationScenario of Actuarial profession in Bangladesh. Presented by A.K.M. Elias Hussain.
Scenario of Actuarial profession in Bangladesh. Presented by A.K.M. Elias Hussain. In Bangladesh there are only three Actuaries are conducting actuarial professional works. Out of which two are Fellows
More informationProposed Changes to the Continuing Professional Development (CPD) Requirements
Proposed Changes to the Continuing Professional Development (CPD) Requirements Committee on Continuing Education August 2005 Document 205056 Ce document est disponible en français 2005 Canadian Institute
More informationCenters of Actuarial Excellence (CAE)
Centers of Actuarial Excellence (CAE) Site Visit Guidelines Updated February 11, 2015 Centers of Actuarial Excellence Site Visit Guidelines To be designated a Center of Actuarial Excellence (CAE), a university
More informationServices for Employer-Sponsored Retirement Plans
Services for Employer-Sponsored Retirement Plans January 1, 2004!"#$%$$ www.retsource.com deanco@retsource.com Purpose and Nature of Our Firm Dean & Company is an independent firm of consulting actuaries
More informationINTERPRETATIVE OPINION 3: PROFESSIONAL COMMUNICATIONS OF ACTUARIES. and INTERPRETATIVE OPINION 4: ACTUARIAL PRINCIPLES AND PRACTICES
Note: This document is no longer in effect. Interpretative Opinion No. 3 was repealed in 2002; It was replaced by ASOP No. 41, Actuarial Communications. Interpretative Opinion No. 4 was repealed in 2001.
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 informationProfessionalism and Ethics Course. Raya Feldman Department of Statistics & Applied Probability University of California Santa Barbara
Professionalism and Ethics Course Raya Feldman Department of Statistics & Applied Probability University of California Santa Barbara Actuarial Research Conference Indianapolis, June 23, 2015 UC Santa Barbara
More informationProcedures for Review of Qualifications for Signing NAIC Property and Casualty Annual Statement Loss Reserve Opinion
Procedures for Review of Qualifications for Signing NAIC Property and Casualty Annual Statement Loss Reserve Opinion The Instructions to the National Association of Insurance Commissioners (NAIC) Property
More informationMASTER OF ACTUARIAL SCIENCE. Dr Xueyuan Wu
MASTER OF ACTUARIAL SCIENCE Dr Xueyuan Wu WHAT IS AN ACTUARY WHY BECOME AN ACTUARY HOW TO BECOME AN ACTUARY WHERE DO ACTUARIES WORK What is an actuary? Actuaries are professionals who are qualified through
More informationProject: The American Dream!
Project: The American Dream! The goal of Math 52 and 95 is to make mathematics real for you, the student. You will be graded on correctness, quality of work, and effort. You should put in the effort on
More informationFrequently Asked Questions on the U.S. Qualification Standards
Frequently Asked Questions on the U.S. Qualification Standards Developed and revised by the Committee on Qualifications of the American Academy of Actuaries The American Academy of Actuaries is a professional
More informationThe development of the actuarial profession in emerging economies
The development of the actuarial profession in emerging economies Actuarial Conference for Insurance Supervisors, Ohrid, June 2014 Gordana Letica Member of the Board Croatian Financial Services Supervisory
More informationERM: The Role for. Presented to: IAA Presidents Forum 6 March 2010 S. Michael McLaughlin, FSA, CERA, SOA President
ERM: The Role for Actuaries Presented to: IAA Presidents Forum 6 March 2010 S. Michael McLaughlin, FSA, CERA, SOA President ERM: The Role for Actuaries Value of ERM, CERA Global CERA Update Opportunities
More informationUniversity of Detroit Mercy College of Engineering and Science Department of Mathematics and Computer Science
University of Detroit Mercy College of Engineering and Science Department of Mathematics and Computer Science Minor In Actuarial Science Prepared primarily by Kathy Zhong February, 2011 A. Summary Actuarial
More information2015 AEG Professional Landslide Forum February 26-28, 2015
2015 AEG Professional Landslide Forum February 26-28, 2015 Keynote 3: Lessons from the National Earthquake Hazards Reduction Program Can be Applied to the National Landslide Hazards Program: A Rational
More informationChris Ryan, FSA, MAAA Director, Life Inforce Management Actuary Lincoln Financial Group Greensboro, NC
PRODUCT DEVELOPMENT (Vote for up to three candidates) Chris Ryan Nicholas Carbo Michael Cusumano Mike Murray Christopher Hessenius Weiying Liu Chris Ryan, FSA, MAAA Director, Life Inforce Management Actuary
More informationIntroduction. Dr. Myron Hlynka. Dept. of Math & Statistics. Coordinator, M.Act.Sc. Research Specialty: Queueing Theory
2018 Introduction Dr. Myron Hlynka Dept. of Math & Statistics Coordinator, M.Act.Sc. Research Specialty: Queueing Theory PhD Statistics, Penn State University Program Overview 16-months 12 courses (3 per
More informationBruin Actuarial Society First General Meeting Let s get started.
Bruin Actuarial Society 2017-18 First General Meeting Let s get started. Table of Contents Meet the Officers Fall, Winter, & Spring Quarter Events Resume Book F.A.M. Major & Exam Changes Updates to our
More informationACADEMIC CURRICULUM FOR THE UNDERGRADUATE PROGRAM
MINISTRY OF EDUCATION KING SAUD UNIVERSITY COLLEGE OF BUSINESS ADMINISTRATION ACADEMIC CURRICULUM FOR THE UNDERGRADUATE PROGRAM IN FINANCE DETAILED COURSE REQUIREMENTS (GENERAL TRACK) Code Course Cr Hrs
More informationSociety of Actuaries Action Report. PRESENTED TO Joint Meeting of SEAC and ACSW November 16, 2006 Bob Beuerlein, SOA Past President
Society of Actuaries Action Report PRESENTED TO Joint Meeting of SEAC and ACSW November 16, 2006 Bob Beuerlein, SOA Past President The world has evolved rapidly in recent decades. What about us, the actuaries?
More informationSOA Exam Update. Mark Cawood School of Mathematical and Statistical Sciences Clemson University
SOA Exam Update Mark Cawood School of Mathematical and Statistical Sciences Clemson University Southeastern Actuaries Conference Annual Meeting November 15, 2018 History of ASA s Curriculum Changes The
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 informationCVS/Pharmacy. Absolute NNN Lease IREA. Actual Photo S Garey Ave, Pomona, CA 91766
CVS/Pharmacy Absolute NNN Lease 1485 S Garey Ave, Pomona, CA 91766 IREA Actual Photo IREA INVESTMENT REAL ESTATE ASSOCIATES OFFICE 16501 Ventura Blvd. Suite 448 Encino, CA 91436 Phone: 818.386.6888 Fax:
More informationOverview of Actuarial Professionalism
Overview of Actuarial Professionalism Sheila J. Kalkunte, Esq. Assistant General Counsel American Academy of Actuaries Southeastern Actuaries Conference June 18, 2008 All Rights Reserved 1 1 Academy Mission
More informationActuaries in Non-Traditional Roles. Martha Winslow Towers Perrin/Tillinghast Kevin Finn The Hartford Daniel Goddard Pfizer
Actuaries in Non-Traditional Roles Martha Winslow Towers Perrin/Tillinghast Kevin Finn The Hartford Daniel Goddard Pfizer Martha Winslow Senior Consultant, Towers Perrin/Tillinghast 2006 Towers Perrin
More informationThe Actuarial Profession: A Global Perspective
The Actuarial Profession: A Global Perspective Steve Kellison, SOA President-Elect Southeastern Actuaries Conference Naples, FL 24 June 2004 Canada and USA Society of Actuaries Casualty Actuarial Society
More informationResponse from Council of the Society of Actuaries in Ireland to Institute and Faculty of Actuaries consultation on Qualification Framework
Response from Council of the Society of Actuaries in Ireland to Institute and Faculty of Actuaries consultation on Qualification Framework 1. The Council of the Society of Actuaries in Ireland ( Society
More information