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Do actuaries make good risk officers?

Friday 22 April 2022 10:00 - 11:00

Whilst there is little doubt that actuaries have a mastery of the technical aspects of risk management, they may not be as well-equipped in other essential skills for senior risk roles. Risk is a broad discipline, whose practitioners come from diverse backgrounds – including legal, compliance, financial and operational.  Actuaries who aim to move into Chief Risk Officer roles will need not just technical skills but also strengths in areas such as communication, strategic awareness and stakeholder management. In this context, we ask what gaps there may be in the typical actuarial skillset when actuaries are looking to move into senior risk roles, and how we can equip actuaries for this key role within financial services firms.’

Our two panelists have extensive experience in risk and, importantly, in dealing with the C-suite and Boards. Chris Burt and Eithne McManus will share their experience and provide key insights into the "do's and don'ts" of operating at these senior levels.

This webinar will suit actuaries looking to move beyond the technical sphere to operate at a more senior levels in risk management.

Speakers:

Chris Burt

Chris is a co-founder of the Risk Coalition and Principal at Halex Consulting, a boutique risk management consultancy focusing on helping clients assess and improve the effectiveness of their risk management arrangements.  Chris is the principal author of the Risk Coalition’s internationally acclaimed, ‘Raising the Bar – principles-based guidance for board risk committees and risk functions in the UK financial services sector’.  He also Chairs the Risk Coalition’s Risk Committee Chairs’ Forum and Risk Officers’ Sustainability Forum and regularly speaks on key risk topics.

 

Eithne McManus

Eithne is a non-executive director and consultant, currently on the board of two insurers and one asset manager. She has chaired Board Risk and Audit Committees for over six years and speaks regularly on risk topics, including the role of the board Risk Committee.  Eithne holds the CERA qualification and was previously involved in the implementation of risk and capital management frameworks within UK insurers

 

Chair:

Steve Wilson

Steve has over 30 years’ experience in the insurance industry and has held senior positions in actuarial, risk and general management. Steve spent the first half of his career in the UK before moving to Switzerland where he held a number of global roles for the Zurich Group. Having worked internationally for 16 years, Steve is now re-based in the UK and serves as a non-executive director on the A.M. Best UK and EU Boards.