Introducing the Wider Health Sub-committee

Tim Goodhew introduces the Wider Health Sub-committee at the Actuaries Institute and its goal to raise awareness of the career pathway of Health Actuaries and the broader role actuaries can play in health reform and policy.

The Value of the Actuarial Skill Set in the Future World

Bond University Actuarial Students Tory Rowley James and Thomas Aspinall discuss why the actuarial career is an investment that will stand the test of time in all aspects of the professional sector.

Actuaries Digital download and print edition - July 2017

Welcome to our round-up of the articles posted on Actuaries Digital during July 2017.

Young Actuaries Program (Melbourne) – Data Analytics

After-work on a cold Thursday evening in Melbourne, the Young Actuaries Program (“YAP”) membership gathered for the latest instalment of the ‘Evening Speaker Series’ – Data Analytics. James Morris reports. 

Actuaries in Asia - Singapore and Kuala Lumpur

Asia Liaison Manager, Kitty Chan, reflects on her first three months at the Actuaries Institute.

Actuaries in Asia - Beijing and Shanghai

The Institute's Hong Kong based Asia Liaison Manager, Kitty Chan, reflects on her visits to Beijing, Shanghai and the China Actuarial Association, along with President, Jenny Lyon and CEO, David Bell.

Wealth Management Investment Competition 2017-2018 and Last Year’s Results

Last year 163 participants answered 20 demanding propositions put to them as if they were an Investment Analyst / Economist in the Wealth Management Investment Competition. Overall the profession did pretty well with a 62% hit rate. Some did very well – two with 100% hit rates - while others have much explaining to do! Are you willing to go again for 2017-18?

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.

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.

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.

Likes:2

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.  

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.

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.

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.

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.

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.

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.

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.

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.

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?