Under the Spotlight - Sean Elliot
A self described "very typical actuary", Sean Elliot, lecturer at Bond University goes Under the Spotlight to share his career journey; what gets his goat; and his penchant for chess and sci-fi films.
Posted on: July 21, 2017
Simple Products
If it takes nine hours to read the online contract for Kindle e-readers, and this is considered simple compared to current insurance contracts, have we gone wrong somewhere? Robert Kerr explores the benefits and drawbacks of increasingly complicated insurance products.
Posted on: July 21, 2017
The Three Lines of Defence - where do actuaries fit in?
In the first instalment of this article, Brett Riley considered the background to the Three Lines of Defence (3LOD) model. Here, he considers how actuaries fit into this construction.
Posted on: July 20, 2017
Introducing the new Diversity and Inclusion Working Group
The Institute has established a new working group to help implement a new Diversity and Inclusion Strategy endorsed by the Institute’s Council at its June meeting. The Group is seeking three male champions.
Posted on: July 19, 2017
Education Strategy Review - An update
The key focus of the last Institute Council Meeting was the Education Strategy Review. The goal is to improve our qualification education system, starting with Part III, which is provided by the Institute. Here, President Jenny Lyon outlines where the process is up to.
Posted on: July 19, 2017
Under the Spotlight - Dr David Lau
Professor at Bond University's Actuarial Science program Dr David Lau, who has experience working for some of the world's leading insurance and regulatory businesses, goes Under the Spotlight to reveal his undying passion for mathematics and some quirky hobbies.
Posted on: July 19, 2017
Critical Line Volume 14
Dan Mayoh brings you the 14th instalment of the popular Critical Line Puzzle Challenge with a nod to a Royal Flush Jackpot.
Posted on: July 17, 2017
Interview with new Banking Practice Committee Convenor - Jason Slade
Jason Slade became Convenor of the Banking Practice Committee in April following the resignation of Phil Everett. Actuaries Digital interviewed Jason to find out a bit more about the man charged with delivering the Part III banking course and his vision for the profession engaged in banking.
Posted on: July 14, 2017
President's Column - How can Mentoring Open Doors to Career Development?
Institute President Jenny Lyon gives some insight into the benefits of the Institute's Mentoring Program and just how mentoring arrangements can help to develop young actuaries' networks and career.
Posted on: July 13, 2017
IFRS 17 Taskforce Update - July 2017
With the finalization of the long awaited IFRS17 global accounting standards in May 2017, the Institute of Actuaries IFRS17 Implementation Taskforce will be updating its members monthly on its activities.
Posted on: July 11, 2017
General insurance: The wide-ranging implications of IFRS 17
The new accounting standard for insurance contracts, IFRS 17, will have wide-ranging implications for (re)insurers, and many firms are preparing for significant changes to their business operations.
Posted on: July 7, 2017
2017 Insurance CRO Forum
The annual Insurance CRO Forum was held at the Actuaries Institute on Monday 19 June 2017. The aim of these forums is to get the Chief Risk Officers from life, general, health and lenders mortgage insurance companies together to discuss a topic of interest. Gavin Pearce reports.
Posted on: July 6, 2017
Will there still be actuaries in the year 2049?
You asked, and we listened! In this inaugural 'Ask an Actuary' column (since Bruce and Gae went underground) our anonymous actuary and resident mystery writer answers the burning question: will there still be actuaries in 2049?
Posted on: July 6, 2017
“There’s a BEAR in there” – The new financial services regime in Australia
Mark Baxter looks at the potential consequences of recently announced, significant extension to APRA’s powers relating to senior banking executives - will the Banking Executive’s Accountability Regime be a teddy BEAR or a grizzly BEAR?
Posted on: July 6, 2017
The Magic Pudding of Claim Farming
Geoff Atkins explores the escalating costs in CTP and motor insurance driven by the intervention of third parties.
Posted on: July 5, 2017
Normal Deviance - Burying the GLM
My previous column praised the virtues of the generalised linear model. This month we dismember it and look to more modern approaches to fill the void.
Posted on: July 3, 2017
Actuaries Digital download and print edition - June 2017
Welcome to our round-up of the articles posted on Actuaries Digital during June 2017.
Posted on: June 29, 2017
Thinking about life insurance through a genetic lens
Our ability to predict disease risk based on genetics is rapidly advancing. What does this mean for life insurance? Jessica Chen and Damjan Vukcevic share insights from their presentation at the Actuaries Summit 2017.
Posted on: June 29, 2017
2017 Volunteer Cocktail Parties – Melbourne and Sydney
Committee and Volunteer Engagement Manager, Lily Meszaros reports on the annual Volunteer Cocktail Parties hosted by the Institute in Melbourne and Sydney this June, and highlights the recipients of the inaugural Volunteer of the Year Awards.
Posted on: June 29, 2017
Normal Deviance - In praise of the GLM
In this column, we celebrate the success of the generalised linear model and explore why they are so popular. In its companion column, we’ll look at the model’s limitations and ask whether there are better alternatives.
Posted on: June 29, 2017
