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Finance and Investment Global Subcommittee

The Finance and Investment Global Subcommittee stimulates the advancement of actuarial science and provides a focal point for global members working in the Finance and Investment Practice area. This subcommittee is keen to encourage active participation of the membership from across our global community to contribute and provide advice to the Finance and Investment Board in order to advance its international strategy.

Objectives of the Global Subcommittee

The subcommittee will focus on existing and emerging areas of actuarial applications pertaining to Finance and Investment across the world. This includes, but is not limited to, Banking, Stock Market, Hedge funds, Corporate Finance, Venture Capital, Alternate Assets, and any other areas wherever the actuaries and actuarial students are working across the global regions.

Membership of the subcommittee:

  • Chair (tbc)
  • Frank Ashe, Australia
  • Chinptan Deokule, India
  • Prashansa Jain, Philippines
  • Vikash Hurrydoss, Mauritius / Singapore
  • Mdlekeza Malizole, South Africa
  • Sazib Saha, Bangladesh
  • Carlson Tata, Nigeria
  • Arjun Vyas, India
  • Owen Davies, UK
  • Stephen Smith, USA

The subcommittee operates within a Terms of Reference and supports the IFoA's Council in the delivery of its corporate strategy.

How to join the Finance and Investment Global subcommittee

All vacancies arising on Boards and their sub-committees are advertised on our volunteer vacancies web page

Further information for volunteers, including tips on how to chair a meeting, can be found in the Volunteer Information Pack (VIP).

Contact Details

For more information about Finance and Investment working parties contact the Communities Team.

professional.communities@actuaries.org.uk

Filter or search events

Start date
E.g., 04/12/2021
End date
E.g., 04/12/2021

Events calendar

  • The Growth Mindset for Actuaries

    13 October 2021 - 8 December 2021

    Fully booked.

    This practical course is aimed at actuaries at any stage of their career who want to develop their own growth mindset and apply it to their work setting and personal or professional lifelong learning. The content of the course builds on the lecture given by Dr Helen Wright on Growth Mindset as part of the President’s 2021 Lecture series, and will be delivered over a period of 2 months, from mid-October to early December.

  • Spaces available

    Actuaries need to take action now - but how?  With a focus on climate change, this session will provide informed insight to enable you to improve your knowledge and understanding of the issues involved, demonstrate how it will impact advice to your clients, and highlight prospective opportunities for actuaries within pensions and wider fields.

  • Spaces available

    A joint webinar from the CMI Mortality Projections and SAPS committees that will cover: recent mortality experience in the SAPS dataset and the general population; the CMI Model benchmarking survey; the MPC 2021 interim update paper; plans for CMI_2021; and initial thoughts on possible "S4" Series pensioner mortality tables.

    The webinar will be presented by Cobus Daneel (Chair of Mortality Projections Committee) and Matthew Fletcher (Chair of SAPS Committee).

  • Spaces available

    Pension scams have become more prevalent as a result of the pandemic, and Trustees have increased responsibilities to protect members, which means that actuaries need to be in a position to provide advice in this area. Our specialist panel will include a professional trustee, an IFA and head administrator, two of whom are members of PASA.

  • Spaces available

    The Covid-19 pandemic creates a challenge for actuaries analysing experience data that includes mortality shocks.  To address this we present a methodology for modelling portfolio mortality data that offers local flexibility in the time dimension.  The approach permits the identification of seasonal variation, mortality shocks, and late-reported deaths.  The methodology also allows actuaries to measure portfolio-specific mortality improvements.  Results are given for a mature annuity portfolio in the UK

  • Spaces available

    In this webinar, the authors of the 2021 Brian Hey prize winning paper present a new deep learning model called the LocalGLMnet. While deep learning models lead to very competitive regression models, often outperforming classical statistical models such as generalized linear models, the disadvantage is that deep learning solutions are difficult to interpret and explain, and variable selection is not easily possible.

  • Spaces available

    The dominant underwriting approach is a mix between rule-based engines and traditional underwriting. Applications are first assessed by automated rule-based engines which typically are capable of processing only simple applications. The remaining applications are reviewed by underwriters or referred to the reinsurers. This research aims to construct predictive machine learning models for complicated applications that cannot be processed by rule-based engines.

  • Spaces available

    With the Pension Schemes Act 2021 requiring a long term strategy from Trustees and sponsors, choosing a pensions endgame strategy has become even more critical. However, it is important that the endgame options available are adequately assessed before choosing one. With an ever-increasing array of creative and innovative options available, this decision may not be straightforward.