Actuarial Innovation in the Covid-19 Era
Memona Ali, FIA, is the Head of Actuarial at Union Insurance in the UAE, covering Life, Health and General Insurance. Originally from Scotland, Memona has 12 years of actuarial experience and has lived in the UAE, with her family, since 2019. Memona actively volunteers for various IFoA initiatives and is currently an International Representative for the IFoA Education Committee as well as an ICAT volunteer.
Ryan Allison is EY’s UK Sustainable Finance Actuarial Lead and is a member of the IFoA Biodiversity and Natural Capital Working Party. Ryan has supported a number of UK insurers with their climate risk strategy, climate risk modelling, and wider ESG programme implementation.
Lisa Balboa is a Business Development Actuary at Hannover Re UK Life Branch. She is passionate about promoting access to protection insurance and supports clients in developing innovative new products that provide clear value to the broadest possible cross-section of society. Lisa is Deputy Chair of the Institute and Faculty of Actuaries Mental Health Working Party, championing increased awareness and understanding of mental health amongst actuaries and insurance professionals.
Georgina Bedenham is an actuary in the Insurance and Investment team at the Government Actuary’s Department. Her work covers a variety of different areas including disaster risk financing in developing countries, insurance arrangements within the public sector and contingent liabilities across government. Georgina is passionate about conservation and is a member of the IFoA Biodiversity and Natural Capital Risk Working Party.
Bhavin is a qualified life insurance actuary and currently works at the PRA in its Life Insurance Division. Bhavin has previously worked at a consultancy and directly with various insurers. He has expertise in economic capital, Solvency II and risk modelling. Bhavin enjoys travelling and went on a 1 year travelling career break before the pandemic from which he developed a keen interest in understanding biodiversity loss and solutions.
Mei Sum Chan
Mei is an epidemiologist, statistician and actuary who co-chairs the ICAT PAN1 workstream on meta-research of pandemic models. Her research is mainly in the areas of ageing epidemiology, biostatistics and evidence synthesis. She is finishing her Population Health PhD on biological ageing at University of Oxford and is currently researching cancer early detection at University College London (UCL). Previously, she worked in an interdisciplinary UCL-Legal & General (L&G) collaboration investigating socioeconomic inequalities in life expectancy with multimorbidity, and worked in various actuarial roles in life insurance at L&G, specialising in longevity risk.
Mei is also a member of the IFoA Health and Care Research Sub-committee and Royal Statistical Society Oxford Local Group committee.
Barry Childs is Joint CEO of Insight Actuaries & Consultants. He is passionate about healthcare and provides advice to a wide range of public and private healthcare role players on matters including strategy, analytics, and policy. Areas of interest include fintech, case mix and risk adjustment, healthcare provider reimbursement models, quality measurement and improvement, product design, wellness and behavioural science.
Tawanda is a consulting actuary based in Southern Africa, Zimbabwe. He works with governments on pension reform, mortality studies and social security design. In the private sector he works with insurance providers on actuarial matters involving financial reporting support for IFRS compliance and setting up of insurance start-ups until they reach scale. Tawanda's voluntary experience includes: IFoA - Machine Learning in General Insurance Reserving Working party (Literature review workstream coordinator 2019 to date), Secretary general for the Actuarial Society of Zimbabwe (2013-2019), Member of the Top Management Team on Universal Health Coverage in the Ministry of Health (2015-2017), Covid Task Force on social security for the IFoA (UK), 2020 to date.
Dr Taonaziso Chowa PhD
PhD in Business Administration (Actuarial Science), MSc in Operations Research and Bachelor of Commerce Honours in Actuarial Science over the years 2002 to 2016 all from NUST – Zimbabwe. Dr Chowa has contributed to twenty (20) peer reviewed and scholarly publications and ten (10 ) conference presentations with academic, consulting and research works on; financial product development, insurance, pensions, social security financial markets, investment analysis, management strategy, policy advisory, fund management and education curricular development. He is an established Actuarial Science educator with a full-time appointment at the University of Zambia and holds visiting teaching and research supervision appointments at NUST, University of Lusaka and Tanzania’s Institute of Finance & Management.
James is the Chief Underwriting Officer at Unum, responsible for both the medical and financial underwriting. He has working in both the general insurance and health industries, most recently at Bupa where he held various roles including leading the pricing strategy and as Chief Actuary of the UK business.
Alex is an actuary with 15 years’ experience in the pensions industry. He is currently a Principal at the Pensions Regulator and previously worked in consultancy at Hymans Robertson and Willis Towers Watson, advising pension schemes on a range of strategic and funding issues. Alex is currently developing his interest in climate change and sustainability issues for pension schemes and is contributing to the Regulator’s approach in this area, as well as being a member of the IFoA Biodiversity and Natural Capital Working Party.
Dame Sally is UK Special Envoy on Antimicrobial Resistance. Before this, she was Chief Medical Officer (CMO) for England and Chief Medical Adviser to the UK government from March 2011 to September 2019, having held the post on an interim basis since June 2010.
Dame Sally advocates globally on AMR. She has spoken on AMR at numerous events including the World Health Assembly side events, the G8 science ministers’ meeting in 2015, the Global Health Security Initiative in 2015, and the UN General Assembly side event in 2016. She was chair of the 2013 AMR forum at the World Innovation Summit for Health (WISH) and was for three years the chair of the WHO Strategic and Technical Advisory Group on AMR. Most recently, Dame Sally has been appointed a co-convener of the UN Inter-Agency Co-ordination Group on AMR, set up in response to the AMR declaration made at UNGA 2016.
Kate Dron, FIA, FNZSA is the Appointed Actuary for Suncorp New Zealand covering both the Life and General Insurance companies. She is currently leading the National Narratives ICAT workstream and has 30 years of actuarial experience in the UK and New Zealand.
Colin is Global Head of Life at Aon Reinsurance Solutions. Colin is a Fellow of the Institute of Actuaries (IFoA) and chairs its Life Insurance Board and is the coordinator of the IFoA COVID-19 Action Taskforce.
He has 30 years’ of experience through the full life insurance value chain. He has been an IFA, worked in direct life insurance product development and managed reinsurance underwriting, pricing and client management functions.
Professor Sir Ian Diamond is the UK’s National Statistician. He was the chair of the Social Security Advisory Committee (SSAC) from August 2018 to August 2019.
Sir Ian, who was knighted in 2013 for his services to social science and higher education, was the Principal and Vice Chancellor of the University of Aberdeen until 31 July 2018.
Matthew is an Actuary at Willis Towers Watson and work in the life insurance practice as proposition/innovation lead. His 'comfort zone' tends to be work around mortality, longevity and policyholder behaviour. He is particularly interested in the application of advanced analytics to life risk, the interface between actuarial techniques and medical expertise, and innovation. Matthew is Chair of the CMI, and editor of the IFoA's Longevity Bulletin.
Jessica is a part-qualified actuarial analyst with 2 years experience in general insurance. She has worked on reserving teams across motor, commercial and household lines of business, as well as involvement in the IFRS17 Project team. Prior to her actuarial career had spent time living and working in Australia and has always had a strong interest in our natural environment and the challenges it faces.
Mr Alvin Fu is the Chief Corporate Solutions Officer overseeing AIA Singapore’s Corporate Solutions business which provides comprehensive employee benefits programmes for companies and organisations across Singapore. He is responsible for driving sustainable growth strategies and implementing business critical initiatives to strengthen AIA Singapore’s leadership position in the industry.
A firm believer of contributing back to the community, he served as the chairperson for the Singapore Actuarial Society Health & Retirement Conference 2014, co-chairperson for the Health Insurance Conference 2012 and a current member of LIA Group Insurance sub-committee. You would find him regularly speaking at conferences, appealing to the human resource community to partner him to better the lives of the Singapore workforce.
Alvin is a graduate from Nanyang Technological University, a Fellow of the Institute and Faculty of Actuaries and the Singapore Actuarial Society.
Paul Fulcher is the Group Capital Management and Investment Executive for Just Group, responsible for investments, capital management and Group underwriting, including the longevity, medical, pricing and reinsurance teams. Paul has 30 years’ experience working across the life insurance industry. Prior to joining Just Group, Paul was a Principal at Milliman LLP, a life and financial service consulting firm. Before Milliman he spent six years working at Nomura as Managing Director, leading their ALM Structuring and Insurance Solutions team for Europe, Middle East and Africa. Prior to Nomura he worked for the Royal Bank of Scotland in their Global Markets business as Managing Director and Head of their Financial Institutions Risk Advisory Team.
Andrew Gaches FIA
Andrew leads Hymans Robertson’s Longevity Services to insurance and financial services clients, and has many years’ experience advising major players in the longevity market.
His expertise was central to the establishment of Club Vita and he now focuses on guiding clients through the process of recognising, quantifying and managing the longevity risk they face, both in the context of pricing products and regulatory requirements under Solvency II. Andrew is a regular speaker at conferences, has written articles and authored papers on longevity, and is a long-standing member of industry working parties and committees.
Donald Hove is a consulting actuary (IFoA) with 10 years’ experience in Southern Africa specializing in Life Insurance and Pensions advisory. He is the serving President of the Actuarial Society of Zimbabwe. He has served at African Actuarial Consultants as General Manager. He is currently a Senior Consultant at The Shard in Johannesburg. His experience covers financial reporting, product development and capital modeling.
Rajeshwarie, FIA is Head of Reserving in Chubb Business Services India. She has over 5 years of experience in GI reserving and pricing. Rajeshwarie is an active volunteer for the IFoA and is a Features Editor of The Actuary, a member of GIRTL as well as an active ICAT volunteer.
Prof Aled Jones PhD MA BA PGCert FHEA FIA (Hon)
Professor Aled Jones is the inaugural Director of the Global Sustainability Institute (GSI) at Anglia Ruskin University. Prof Jones’ work in climate finance has been recognised by the State of California and he has received a key to the city of North Little Rock, USA. In 2017 he was made an Honorary Fellow of the Institute and Faculty of Actuaries.
Kathryn is an award winning insurance adviser. She gained attention within the insurance industry in 2016 by creating a Walking Dead infographic, followed by a Game of Gnomes quiz and video advent calendar, to simplify the message of protection insurance. She produces regular video marketing, CuraVision, where she chats about people they have been able to help and explain how they met their protection needs.
Laura is a pension/social security actuary who has been predominantly focused on work in Africa over the last 10 years. She has lived and worked in East, South and West Africa and is currently based in Lagos Nigeria.
Stuart is Head of Demographic Assumptions and Methodology for Lloyds Banking Group, where his multi-disciplinary team are responsible for assumptions about policyholder health and behaviour. These are used for pricing, risk management and valuation of around £170 billion of pension and annuity policies. Stuart joined Lloyds in 2014 and built the longevity team which supported Scottish Widows’ launch into the Bulk Annuity market. Previously he held a variety of commercial and technical roles including leading the longevity reinsurance pricing team at Munich Re through their market entry and first deals, and building a longevity risk model for Canada Life.
Gareth is a Partner at EY where he leads its UK actuarial practice and its Sustainable Finance Consulting business. He chairs the IFoA’s Finance and Investment Board and has led a range of research projects over recent years, most recently this ICAT group studying procyclicality.
Joanne is a Lead Risk Finance Specialist at the Centre for Disaster Protection where she is on secondment from the Government Actuary’s Department. At the Centre Joanne leads the capacity building programme and is involved in a variety of work related to disaster risk finance.
The Centre for Disaster Protection finds better ways to stop disasters devastating lives and economies, by supporting countries to better manage disaster risk. The Centre is founded on the principle that the relative likelihood of particular disasters can be predicted, and that their impact can be managed, with the right plans in place.
Nicholas Miller Smith
Nicholas Miller Smith is a research director at Moody’s Analytics. His focus is on the construction and calibration of financial models for use in stochastic economic scenario generators. Before that he worked at BlackRock, mainly in the area of research and advice on strategic asset allocation for institutional investors. He is a qualified actuary.
Natalia is a Life Actuary with over 20 years of experience in Life Insurance industry and consulting. Her experience includes variety of technical and methodological aspects of pricing, valuation, product development and underwriting areas of Life insurance in the UK and overseas. She has worked on modelling and verification aspects of Solvency II and lately has had a significant involvement in IFRS 17 assessment and implementation projects. The breadth of her project involvement requires keeping abreast with recent market developments and Covid-19 is one of important areas of her focus at this time.
Stephen is an Actuary and Economist with 30 years experience in the financial services industry. He has worked in a wide range of roles, principally in life assurance, including senior management positions running Actuarial, Investment and Business Development functions. He has run his own consultancy business (MonActs Ltd) for over 15 years supporting diverse businesses deliver on a wide variety of projects. He has also held non-executive governance and voluntary positions.
Kathryn has worked in financial services for over 30 years, in both companies and regulators. She is a qualified actuary and has led research on risk management and capital adequacy assessment. She is a part member of the IFoA Council and is repaying her debt to the profession by leading the Gibraltar actuarial society, Actuaries Rock, and leading work to develop and review articles and blogs on Covid 19 for the pandemics hub.
Kathryn is a passionate supporter of Sheffield United and a slow but persistent runner.
She can be found on Twitter as @manckath and on Instagram as katmorgan62
Justine is a financial services professional with nearly 30 years’ experience working in the Insurance industry including both executive and non-executive roles. Justine qualified as an actuary in 2000 and has had the opportunity to work in a broad range of actuarial areas from financial reporting through to product development. Her last executive position was as Finance and Risk Director for a small Friendly Society where she was also a member of the Risk and the With-profits Committees. She is currently a non-executive director for a large non-directive Friendly Society where she also sits on both the Investment and Audit Risk Committees and a small charity owned general insurance company where she chairs both the Audit and Risk committees.
Edwin has worked as a Principal Examiner in the Pension and Insurance Supervision Department at the Reserve Bank of Malawi for 5 years. He is a focal actuarial resource for the supervisory authority and an associate member of the Institute and Faculty of Actuaries. Prior to his current job, he worked as an IT security specialist for the same employer and US Embassy (CDC) in Malawi before that. In 2019, he was seconded to the Access to Insurance Initiative (GIZ -IAIS) in Frankfurt German
Sarah Murphy has worked in the third sector for over 15years, in particular ensuring people affected by poor mental health are given the right advice, information and support to enable them to lead healthier, happier lives. In 2017 she set up Mental Health UK’s flagship service, Mental Health & Money Advice, the first UK-wide service aimed at improving both financial and mental wellbeing. She was awarded Innovator of the Year at the Women in Credit 2020 Awards for her vision and work setting up this service to support people trapped in the vicious cycle of mental health and money problems.
Sarah also leads the training and consultancy team at Mental Health UK. Utilising knowledge and experience gained from working directly with people affected by poor mental health, the team provides training and consultancy to public and private sector organisations.
Natasha is currently the Chief Risk Officer of Generali UK. She is a risk professional with over 10 years of experience, both in industry and consulting.
John Ng is Senior Data Scientist and Actuary at RGA. John provides specialist resource and predictive modelling solutions for internal and external clients on mortality, morbidity, biometrics, underwriting, actuarial pricing and digital distribution. Previously John was pricing manager and data science manager at BGL group, having designed and led Automated Machine Learning platforms. Before then, John practiced as pharmacist in community and hospital settings. John is chair of the IFoA Data Science Research Section and deputy chair of IFoA Health and Care Research committee.
Nicola is considered a leading expert in Public Health and associated Mortality, Morbidity & Longevity risk.
She is a member of The Royal College of Nursing & The Royal Society of Medicine. Nicola is also an affiliate member of The Institute & Faculty of Actuaries where she sits on The Health & Care Board, is Chair of the Diabetes Working Party, Deputy Chair of the Antibacterial Resistance Working Party. In March 2020, Nicola co-founded the Covid-19 Actuaries Response Group which she currently co-chairs, subsequently joining the Covid-19 Action Taskforce.
As Head of Health Analytics at LCP, Jonathan leads a team who provide analytical and technology solutions to help decision makers across health. Alongside his role at LCP, he is a Public Health Doctor and Epidemiologist at Imperial College London and studies trends in chronic diseases such as diabetes and obesity, specifically how these conditions increase the risk of several others and how that impacts patients, populations and health systems. This research has been published in leading journals such as Nature, the Lancet journals and the British Medical Journal.
Louise President-Elect of the IFoA. Louise has had a varied career as an actuary, academic, software development manager and risk consultant. She has lectured in Artificial Intelligence at the universities of Birmingham and Edinburgh, before returning to the actuarial world as a software risk consultant. She was Director, Actuarial Standards at the Financial Reporting Council until 2011, where she led the development of the UK’s suite of Technical Actuarial Standards.
Louise now specialises in climate risk and sustainability, and is a Director of Callund Consulting Ltd, Chair of the London Climate Change Partnership, and a Director of the Ecology Building Society.
Richard is a member of the IFoA Health & Care board and Director at Pacific Life Re. He is interested in products and initiatives that help to grow and generally improve access to the protection market. He is also a member of the Health and Care workstream of the IFoA Covid-19 Action Taskforce, and co-author of the IFoA Covid-19 report: Supporting protection insurance and savings customers.
Sundeep is a qualified actuary (Fellow of the Institute of Actuaries) and Chief Executive Officer of Zamara Group, a specialised financial services group offering actuarial, pensions, medical and insurance solutions with a presence in 6 countries in Africa and a Pan African ambition. He is current chair of the Pensions Working Party of the Pensions Working Party and Founder Chair of The Actuarial Society of Kenya.
Matt started his career in 1979 with M&G Re ( now Swiss Re ). He spent the majority of this 18 year period in Underwriting with brief periods in Claims, Operations and Account Management.
During this time he was Secretary and Treasurer for the Underwriting Club Select 74 and spent time on a number of ABI working parties.
Matt moved from Reinsurance to Insurance in 1998 where he joined what became Aegon. He joined as Underwriting Manager and when he left in 2014 he was Group Head of Underwriting and Claims Strategy.
Matt led the team which developed “tele claims” which was a first in the UK IFA market. The result was a greatly enhanced customer experience. He also worked with Sales to create a market leading High Net Worth proposition.
Finally after suffering metastatic bowel cancer Matt made the move from Insurance to Protection Sales in which he supports Independent Financial Advisors and their Clients to obtain the best terms that are available in the market by using his underwriting skills and market knowledge. He has extensive experience in the pre packaging of medical and financial evidence before a case is put to the Insurer for consideration. In addition Matt regularly works in the field of Expert Witness where he prepares reports for the legal profession.
Matt has also moved recently into podcast production. Working alongside Kathryn Knowles of CURA Financial Service the podcasts are designed to educate and provide support and advice to a wide audience.
Scott Reid, currently works for Zurich as Global Propositions & Data Actuary. This is a global role to where he advises on the pricing and design of new products with a focus on protection and data analytic capabilities. He is currently a member of the IFoA Health & Care Board and Deputy Chair of the Diabetes Working Party.
Chris Reynolds is the Chief Pricing Actuary for the EMEA region and Longevity at PartnerRe. He is the current Chair of the Health and Care Board and a member of the CMI Assurances Committee. In 2020 he was instrumental in establishing the Health and Care workstreams of ICAT (IFoA Covid-19 Action Taskforce) and co-authored a paper on the impact of Covid-19 on New Business.
Dr. Stephen Richards is the managing director of Longevitas Ltd, a specialist provider of actuarial tools for longevity risk and annuities. Stephen co-founded Longevitas in 2006 and the software has users in the UK, USA, Canada and Switzerland. Prior to Longevitas he headed Prudential plc's longevity analysis team, and before that he headed the product-pricing team at Standard Life. Stephen is an Honorary Research Fellow at Heriot-Watt University, and regularly publishes research addressing practical longevity issues. A copy of the research paper behind this presentation can be freely downloaded from www.longevitas.co.uk
Josephine Robertson is a Health & Care /Risk Actuary with keen interest in the interplay of demographic risk, public health, policy, health systems and insurance industry. She is an active volunteer within the actuarial profession including the COVID-19 Action Taskforce, professional education process and the Population Health Management research working party.
Andrew Robinson, FIA, is an Actuary at Aviva Canada specialising in Property and Casualty Portfolio Management. He is currently working on the Impact on Incomes and Inequality ICAT workstream.
Leonel Rodrigues is a Brazilian actuary, with 4 years of experience in the private healthcare insurance market, being responsible for providing analyses of strategic data and supporting decision-making. In 2013, he concluded his Masters in Actuarial Science at The Business School (formerly Cass), in London, to where he returned in 2015 to initiate his Ph.D. His research aims to investigate alternative predictive models using administrative data for forecasting health care claims costs. Currently, he is a visiting lecturer at The Business School (formerly Cass).
Rosalind is the Head of IFRS 17 Business Implications and Capital Management at Sun Life Financial of Canada (UK). She is a qualified actuary with over 20 years of professional experience. Her broader working background is in the fields of Life Insurance and Pensions Consulting, both in the United Kingdom and in South Africa. Rosalind volunteers extensively for the Institute and Faculty of Actuaries by serving on the Sustainability Board, the Life Conference Committee, the Diversity Advisory Group, and recently as the lead an ICAT Capital Management workstream. She is also an IAALS Board member.
Dan is an epidemiologist and digital demographer, and founded COIOS Research in 2019. He has led global multi-disciplinary research teams at Swiss Re and Willis Towers Watson for the last two decades in diverse areas including forward-looking risk models, behavioural science in insurance and the rapid development of digital ecosystems that will transform how insurance is distributed and how risk is assessed, managed and mitigated.
Dan introduced the concept of disease-based models of mortality using electronic health records and has led a succession of research projects on how electronic health records and health care claim databases can be used to predict future trends in claim experiences and high value claim pathways.
Dan has an MA in Medical Sciences from Cambridge University and an MBA from Heriot-Watt University. He is currently engaged in a DHealth at the University of Bath focused on modelling optimal management of hypertension.
Marino is a Life and Chartered Enterprise Risk Actuary, with experience in working for large life insurers and in consulting. He has extensive experience in implementation and analysis of Solvency II Standard Formula and Internal Models, Risk Function effectiveness reviews and Life Insurance actuarial audits. Marinos spent the first part of his career in the Life Insurance industry, working in Solvency II Analysis and Capital Management Reporting teams for large insurers. His current areas of focus include the risk management and capital implications of Covid-19 on life insurers.
Amy is a qualified general insurance actuary in the capital modelling team at NFU Mutual. Her work is mainly focussed on Solvency II, risk modelling and wider capital management. She has a strong interest in tackling environmental issues and recently joined the IFoA Biodiversity and Natural Capital Risk Working Party.
Sukrita is a nearly qualified general insurance actuary in the capital modelling team at RSA, working mainly in areas such as Solvency II, risk modelling and model validation. She is currently a volunteer with the Impact on Incomes and Inequality ICAT workstream.
Sir David Spiegelhalter has been Winton Professor of the Public Understanding of Risk at the University of Cambridge since October 2007. His background is in medical statistics, with an emphasis on Bayesian methods: his MRC team developed the BUGS software which has become the primary platform for applying modern Bayesian analysis using simulation technology. He has worked on clinical trials and drug safety and consulted and taught in a number of pharmaceutical companies, and also collaborates on developing methods for health technology assessment applicable to organisations such as NICE. His interest in performance monitoring led to his being asked to lead the statistical team in the Bristol Royal Infirmary Inquiry, and he also gave evidence to the Shipman Inquiry.
Chris is Lecturer in Actuarial Science at Queen Mary University of London. He has held a number of leadership positions in investment including CEO of iShares Europe and Managing Director at Barclays Global Investors. Chris leads the profession's ICAT Social Security group.
Tan Suee Chieh
Tan Suee Chieh is President of the IFoA and an independent non-executive director of several organizations.
From 2013 to 2017, he was the Group Chief Executive at NTUC Enterprise - the holding entity of the NTUC social enterprises (cooperatives) in Singapore. The group has businesses in Retail; Food & Beverage; Financial Services; Education & Training services; Eldercare services and Property. From 2007 to 2013, Suee Chieh was the Chief Executive of NTUC Income, a composite cooperative insurer and one of the largest insurance businesses in Singapore. .
Between 2003 and 2006, he was President, Asia Pacific of the SHL Group Ltd, a British psychometric and psychological consultancy firm. From 1981 to 2001, Suee Chieh was with the Prudential Group and held several senior positions including Actuary of Prudential Malaysia, Chief Executive of Prudential Singapore and Regional Managing Director, Established Markets of Prudential Corporation Asia.
Caroline Twomey is an actuary with Deloitte where she has worked in the UK, Canadian and Irish markets. She works with a range of Life, Pension and Banking clients with a particular focus on those with significant mortality/longevity exposure. She is the former Chair of the Demography Committee of the Society of Actuaries in Ireland and is currently the Excess Mortality workstream lead for the Society’s COVID-19 Action Group.
Pablo Vasquez is the Chief Risk Officer at Credit Suisse Insurance Linked Strategies Ltd., currently based in Zürich. He accumulates over 14 years of international experience in the financial services industry in a varied set of roles, including actuarial reserving, credit rating analysis, regulatory capital optimization and M&A.
Inviolata Wafula is a student member of the IFoA and currently works as an Actuarial Analyst at Deloitte East Africa in the Financial Institutions Services Team.
She is currently volunteering on the income and inequality workstream on ICAT
Dr Randall Wright, FSA, is an Associate Professor and Programme Director for Actuarial Science at Swansea University in Wales. He is active in ICAT coordination and has 25 years of actuarial experience in the USA and UK.
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We continue to live in a world of global uncertainty. Survival depends on our ability to simultaneously navigate through the diverse root-causes, ranging from: the consequences of Climate Change; transitioning to Net Zero; increased inflationary pressures and supply chain issues; to self-imposed changes in regulatory requirements. CILA 2022 focuses on these challenges to ensure we continue to be informed and remain battle ready, as well as showcasing highlights of recent CMI outputs.
Opportunity to participate in a virtual Roundtable Discussion hosted by the IFoA in conjunction with the City of London Corporation’s Socio-economic Diversity Taskforce
In the spirit of fostering the IFoA’s vibrant, global community and enabling our members to participate, we have decided to hold our AGM virtually again this year. This allows for greater accessibility to this important annual event, and for greater accountability of our organisation.
The Business of the AGM
Join newly inaugurated IFoA President, Matt Saker, for his Presidential Address.
We’re delighted to welcome you back to our first in-person conference since early 2020, also being delivered virtually in our first-ever hybrid event. The theme of our inaugural two-day conference is ‘Focusing on tomorrow’s actuary’ and will explore the contribution actuarial science is making to some of tomorrow’s biggest issues.
This webinar will cover:
• Some background on the risks of misselling in an ESG context, including the DWS case
• Achieving positive impact is a strong antidote to the risks of greenwashing or ESG misselling, however this risks having a tension with fiduciary responsibilities
• This tension can be resolved with a concept called Universal Ownership
• Under Universal ownership, investors have an appetite to make a loss in order to achieve positive impact, and yet still have no compromise on their fiduciary responsibilities
This session will focus on the transformation roadmap of the healthcare sector in KSA and the role of actuarial capabilities in enhancing its evolution to the desired end stage as per the objectives of the Vision 2030. The discussion will focus how the system has evolved so far and shed light on the expected future changes. Through examining the transformation, we will highlight how the sector is and can use actuarial expertise to not only assist with this transformation but also use basic actuarial principles to identify the key risks and their respective mitigation strategies.