Mukami Njeru, Fellow: Nairobi, Kenya
"Having qualified after an arduous journey involving various CA3 attempts, this instilled in me consistency, attention to detail and an appreciation for professionalism. It also inspired me to be part of the ongoing development of the profession, as I believe that actuaries can make a tangible difference to society. Given the opportunity to volunteer
I did so in various capacities as a career ambassador, a guinea pig for certain exams, and as a Continuing Professional Development (CPD) co-ordinator for qualified actuaries at one of my employers.
I am based in East Africa and am involved in the development of the profession in this region. Volunteering keeps me up to date with best practice within the global profession and allows me to be relevant both locally and internationally. I recommend it as I benefit from being kept up to date with the evolution of the profession, understanding the breadth of events the profession has to offer and keeping abreast of technical matters in my areas of interest."
Felix Owino, Student: Kenya
“I really want to say thank you once again in appreciation of this golden opportunity. Golden because the 400 Club has given a chance to a student voice to be heard from the deep village hearts of Africa in Kisumu-Kenya; how awesome these days. I have got more insights concerning the profession, latest being the IFoA Actuarial Knowledge Hub, CMI, timely updates on upcoming events and debates etc.”
Olawale Ayodeji, Junior Actuarial Specialist: Nigeria
"From a young age, I dreamt of a career that would allow me to use my strong mathematical skills in a real-life situation. So my career goal has always been to be an actuary. The use of mathematics to solve problems greatly appeals to me especially when applied to complex real-life situations.
As a Junior Actuarial Specialist I work under the supervision of a fully qualified actuary (IFoA), which I believe is a privilege considering there are no more than 15 qualified actuaries in Nigeria. I have been able to pass six papers from the Institute within two years and I hope to complete the actuarial exams in a space of about four–five years.
I believe that the study of actuarial science and a future career as an actuary is a highly rewarding one, both financially and intellectually. I strongly believe that actuaries play a very important and essential role
in analysing and shaping the state of the economy of any country.
Each sector of this profession is equally important, although I am particularly keen on working within the pension and insurance sector. I am deeply concerned about the dearth of actuarial skills in Nigeria, which is also a motivation for pursuing the course and add my quota to its needs in my home country."
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Wicked Problems, Clumsy Solutions and Leading Change
Dr Catherine Donnelly will present the basics of the structures for pooling longevity risks and summarise recent research results in this area in addition to outlinging future research around this topic. This is work under a research programme funded by the IFoA's Actuarial Research Centre, called 'Minimizing longevity and investment risk while optimising future pension plans'.
Climate-Related Risk - This free to view webinar on Climate-Related Risk is the first in a series focusing on some of the ‘Hotspots’ identified in the JFAR Risk Perspective bringing the Risk Perspective to life with practical illustrations and insights from subject experts from the IFoA and other Regulators
Recent decades have seen institutions, such as employers and financial services, give people more choice and flexibility, but these freedoms have come with more responsibilities. Individuals are now responsible for managing more of their own financial risks, from ensuring they put enough money into their pension to securing affordable protection to be financially resilient.
Join us for this brand new IFoA webinar weries comprising of a fortnight of webinars, panel sessions and a hackathon, that showcase the range of ways in which the actuarial profession has added value, in the public interest, to the understanding and management of the current and future pandemics through insight and learning.
This event is now temporarily closed on Monday 26 April, but the session will be repeated on Tuesday 27 April, 09.00-10.30. Please click here to register your place.
Actuaries have a lot to offer biodiversity management over the next decade as the world develops more depth to its response to this global challenge. This sessional offers an opportunity to learn about this emergent risk, to contribute to our thinking as a profession and help us develop the next steps forward.
IFoA Immediate Past President John Taylor would like to invite you to the Institute and Faculty of Actuaries’ (IFoA) virtual Europe Town Hall, hosted by John Taylor with IFoA Council Members Alan Rae, Jennifer Hartley, Maribel Vasquez Flores and IFoA Chief Executive, Stephen Mann.
Mis-estimation risk is a key element of demographic risk, and past work has focused on mis-estimation risk on a run-off basis. However, this does not meet the requirements of regulatory regimes like Solvency II, which demands that capital requirements are set through the prism of a finite horizon like one year. This paper presents a value-at-risk approach to mis-estimation risk suitable for Solvency II work
This year's Finance and Investment Virtual Conference takes on the timely theme of ‘resilience’, something we have all learnt a lot more about in the last year! Our diverse range of talks will explore the theme of resilience in a variety of ways including in building robust investment portfolios, in the incorporation of ESG factors, in govern
This talk will explore the potential benefits that wearable tech can bring to health & protection insurers and their customers. The traditional approach of integrating wearables into insurance has largely focused on measuring steps and using rewards-based incentive programs to encourage more activity.
Join us for this talk with Professor Sir Adrian Smith as part of the 'Dr Patrick Poon Presidential Speaker Series'. Professor Smith joined The Alan Turing Institute as Institute Director and Chief Executive in September 2018. In November 2020, he became President of the Royal Society, in addition to his leadership of the Turing. He is also a member of the government's AI Council, which helps boost AI growth in the UK and promote its adoption and ethical use in businesses and organisations across the country. He received a knighthood in the 2011 New Year Honours list.
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; on-going financial consequences of the COVID pandemic; or self-imposed changes in regulatory requirements and accounting standards.
Welcome to the programme for our 2nd Virtual Pensions Conference. This year's conference features 11 webinars offering members and non-members the opportunity to get up to date content from leading experts in the pension industry. There will also be opportunity to ask questions and contribute to the discussion.