Risk Management

Internal audit - the Cinderella of the Audit Committee’s responsibilities
Internal audit is often the Cinderella of the audit world. It’s a regulatory requirement for insurance companies to have an internal audit function, so why not make it as useful as possible? This session will look at how to link an internal audit plan to the risk register, and how that helps audit committees and boards to spot problems and fix them. And, of course, how to demonstrate that this is happening.

Application of technology and data science for actuarial advice
Tools like python/R are being heavily used to provide end-to-end analytical solutions for risk management. They help to set up a framework/platform to collect risk data and work out stochastic analytics to provide insights into the risks faced by a firm, be it in any sector. Data science techniques are being used to not only assess risk, but to predict outcomes in the future based on stochastic analysis and impacts of mitigation techniques. This webinar talks about the possible applications of technology to assist actuarial advice in such situations.

An update from the IFoA’s Covid-19 Action Taskforce [ICAT] Risk Management workstreams

Covid-19 has required an urgent and cross-practice initiative to facilitate the extensive impact this pandemic has across all industries. IFoA members have been keen to contribute in a different way, so we developed the IFoA Covid-19 Action Taskforce [ICAT] to coordinate our effort, with a more efficient governance. Chair: Peter Telford Speakers: Gilli Engel, Jessica Crowson, Maryam Abdullah and Hazel McNeilage

6 July 2020
The New Normal – The Human Factor – Increased Risk?
Speakers: Tim Vincent – CEO Observer Solutions, Benedict Olaoya – CISO SGN, Drew Perry – Chief Hacker Tiberium

26 February 2020
Webinar: Joining the Dots - how complete is your picture?
Speakers: James Orr, Geraldine Finucane, Cassandra Archer, Amanda Istari, Jenny Xu, Bank of England, PRA

Risk and Investment webinars 2019
Monday 17 June 2019

Order the videos now. Once you have placed your order you will be emailed access details.

Don't overlook the impact at the total-scheme level when de-risking
(Length 00:38:26)

Climate change - time to get strategic
(Length 00:59:28)

An opportunity to make a difference: a deep-dive into offshore wind
(Length 01:03:27)

An emerging risk process that can cope with Brexit
(Length 00:47:17)

You've been IBORed
(Lenght 00:51:47)

Are actuaries good at setting Strategic Asset Allocations ("SAA") for insurers?
(Length 01:02:08)

Square peg, round hole...
(Length 00:57:49)

Risk, Investment, Pensions Conference 2017
5-7 June 2017

Plenary 2: The Professional Toolkit: A Simple Approach to Managing and Assessing Culture in the Workplace 
(Length 01:03:45)
Pensions session: Workshop A1: Making tax on retirement savings fair and efficient
(Length 00:49:08)
Pensions session: Workshop B1: Is Selling Gilts for Buy-in the Best Way of Securing Pension Promises?
(Length 00:46:13)
Pensions session: Workshop C2: Running off Mature Schemes
(00:42:38)
Risk and Pensions Plenary 5: If DB Pensions Didn’t Exist, Would We Invent Them?
(00:58:41)
Finance and Investment Sessions: Workshop D5: QE and the Inflation Dogma; Does it Work and Does it Make Sense?
(Length 00:48:31)
Pensions Sessions: Workshop E2: Fiduciary Duty - The Past, the Present, the Future
(Length 00:43:02)
Finance and Investment and Pensions Plenary 6: Intergenerational Fairness
(Length 00:59:38)
Plenary 7: Future for Actuaries?
(00:54:29)

Momentum 2016
30 November - 2 December 2016

Plenary 1: Why networking is important for your career and the skills to succeed
Plenary 2 Lightning talks (hot topics in 60 minutes)
Plenary 3: Winners curse - Game theory and insurance pricing
Plenary 4: Panel discussion on Brexit

Risk and Investment Conference 2015
3-5 June 2015, video

Sessions available:
Plenary 2: Insights on Current Economic Affairs
Professor Richard Werner
Plenary 3 (RM): ERM from the Point of View of the Investor
Andrew Hitchcox, IFoA Risk Management Board
Plenary 3 (F&I): UK Bonds in a Global Context
Andrew Roberts and Ross Walker, RBS
Plenary 4: Freedom and Choice in Pensions Panel Discussion
David Berenbaum, Pensions Advisory Service, Maggie Craig, FCA and Mark Stopard, Partnership
Plenary 5: Stranded Assets
Mike Clark, Advisory Panel to the Stranded Assets Programme of the University of Oxford Smith School; Mark Campanale, Carbon Tracker Initiative and Sorca Kelly-Scholte, Russell Investments
Workshop A2: Risk and Returns in Infrastructure
Chris Lewin and Working Party Members
Workshop B3: Why Actuaries Can Make Bad CROs
Richard Winter, Bank of England
Workshop C2: The Impact of Low Yield Environment on European Life Assurance
Eugene Dimitriou, PIMCO
Workshop D2: Do Multi Assets, Absolute Return Funds have a Place in Insurance Portfolios?
Russ Bowdrey, Aviva

Momentum Conference 2015
2-4 December 2015, video

Sessions available:
Plenary 1: We Need to Talk about Sustainability - How are Actuaries going to Face Climate Change and Other 21st Century Issues
Speakers: Nico Aspinall, Towers Watson and Louise Pryor
Plenary 2: Behavioural Finance and Retirement Decision Making
Speaker: Iain Clacher, Leeds University Business School
Plenary 3: Expert Judgement
Speakers: Kieran Barnes, Bank of England and Stephen Makin, Hymans Robertson
Plenary 4: A Career as a Chief Investment Officer - Could You Have What it Takes?
Speakers: Jan Coetzee, Swiss Re; Alasdair MacDonald, Towers Watson and Ian McKinlay, Lloyds Banking Group

Risk and Investment Conference 201

Plenary 1:  The Economic Impact of the Scottish Referendum
Plenary 2:  The Rules of the Money Game
Plenary 3: What it takes to be an Investment Officer in the New Normal
Plenary 5:  Panel Discussion Meeting the Needs of the Customer
Plenary 6:  Bitcoins and Non-Standard Currencies
Plenary 7:  Limits to Growth

Risk and Investment Conference 2013

Plenary 1: Actuarial discipline: a threat or an opportunity?
Professor Karel Van Hulle, KU Leuven and Goethe University Frankfurt
Plenary 2: Panel discussion: Communicating Risk, more of an art than a science
Panel members: Helen Chung, Swiss Re, Nick Dumbar, Bloomberg, Wendy Jarrett, NICE and Anthony Reuben, BBC News
Plenary 3: The story of the Prudential Regulation Authority: What kind of regulator will it be?
Andrew Bulley, Prudential Regulations Authority
Plenary 5: A recipe for risk culture: views from the top
Jon MacDonald, Royal London Group
Plenary 6: Risk appetite in practice: designing a risk-led investment stategy at NEST and the PPF
Martin Clarke, PPF and Mark Fawcett, NEST
Plenary 7: No good deed goes unpunished: risk, complexity and unitended consequences
Tim Harford, Economist, presenter and writer

Momentum Conference 201

Plenary 2: The Future of Actuarial Science
Donald Mango, Guy Carpenter
Plenary 4: All Aboard
Simon Grout, Steve Allan, Scott Mitchell

Momentum Conference 201

Effective Decision Making
Marcus Hurd