This talk will showcase work from a number of risk conferences and publications, drawing on examples indicating that evolution might be valuable. This session will cover risk definition and communication, ERM in practice and in theory, risk culture, and risk management actions that unwittingly increase, rather than reduce, risk.
ERM is well established. It has been implemented fairly consistently in a wide range of firms, and there has been little change in fundamental approach over the last decade. Is this because ERM is already perfect and fundamentally valuable? Or simply because once it’s implemented, the governance requirement is satisfied and people can get on with real work?
‘Should there be an actuarial approach to ERM?’ The talk will develop 'Better Decision Making ERM’ as a candidate and will seek to address the need for ERM to be valuable to sponsoring firms while building on the actuarial profession’s competencies.
Refreshments will be served from 17:30 and the lecture will start promptly at 18:00. There is no need to register in advance for this meeting and non-members are welcome. There will also be live tweeting available via #SIASMay16 during the talk – please do get involved with any comments and questions for the speakers.Further details can be found at http://sias.org.uk/events/upcoming-events/
| 17.30-18.00 | Registration and Refreshments |
| 18.00-19.00 | Programme |
Location
Address
Staple Inn Hall, High Holborn, London, WC1V 7QJ
Nearest Public Transport
Chancery Lane Station (Central Line)