Sessional Research Meeting: A Review of the Use of Complex Systems Applied to Risk Appetite and Emerging Risks in ERM Practice

A paper by N Allan, N Cantle, P Godfrey and Y Yin which applies new thinking and techniques from complex systems science to two key areas for risk management and governance identified in the Walker report. Please ensure you book your place to avoid disappointment.

16:30- 17:00:  An opportunity to informally meet the authors and ask a question prior to the presentation

17:00-17:30: Registration and networking

17:30-19:00: Presentation

A video of the meeting is now available for CPD.

Benefits of attending

The Management Board of the UK Actuarial Profession has identified enterprise risk management (ERM) as an area of growth, particularly within the financial sector. It is an area which offers opportunities for actuaries, working with other disciplines, to move out of their traditional sectors of employment, with the skill set required fitting well with an actuary’s training and practical focus.

Members of the Profession also highlighted ERM as one of the two main areas where they wanted the Profession to focus their research efforts in the membership survey in 2009. Consequentially the Management Board allocated funds to support research projects in ERM in 2010-2011 and has worked with the ERM Practice Area Committee to identify the topics that theyfeel most suited to external research where the outputs will have a broad strategic value to the financial services sector. This event will present the results of this research.

Who should attend? 

Actuaries working in ERM.

Please note, that as a result of member feedback, we will be trialling a new ‘enhanced networking initiative’ at this sessional research meeting.

The purpose of this initiative is to improve integration and networking among members, with particular focus on making those who are newly qualified or new to events, feel encouraged to approach more experienced members and become integrated into the actuarial community.

As a starting point, the volunteers will identify themselves by wearing a yellow ribbon on their name badge. This will signal that they encourage any member to approach them and ask questions about the sessional meeting, chat or even just to introduce themselves, and we would encourage any other members who are happy to wear a badge on the night to get in touch with Beth Montgomery.