PPT-Assignment Nine Actuarial Operations

The Actuarial Function What is an actuary film Actuarial Functions Ratemaking Estimation of unpaid liabilities reserves Predictive mining tools 9 2 Other Actuarial Tasks Analyzing reinsurance needs to determine the level and concentration of risk the insurer can retain versus the cost of reinsurance. ASSK PRESENTATION. 28. TH. NOVEMBER 2014. NAIROBI SAFARI CLUB. EZEKIEL MACHARIA. AGENDA. Specialization Areas. Role of an Actuary. Focus on Kenya and East Africa. Role of TASK. Using New Technology. Orientation 2015-2016. University of Toronto. TODAY’S AGENDA. Exams, . UofT. Course Correlation, Career Tracks. ASNA. Disciplines and Companies. Mentorship Program. Second Year Representatives. S2, 2015. Orientation. Commercial Actuarial Practice. Communication. The Course. Case Studies. Pre-Course Work. Assessment. Logistics. 2. CAP Orientation S2, 2015. Commercial Actuarial Practice. 3. CAP Orientation S2, 2015. EMPLOYEE BENEFITS. Daimler Benz in 1993 under German GAAP reported a profit of 168 million DM but under US GAAP for the same period, the company reported a loss of almost a billion DM, largely caused by pension blues. It highlighted problems relating to pension accounting & funding. . Maths. Applications and Interviews. Bruce Woodcock . University of Kent Careers & Employability Service . You can download a copy of this presentation . at . www.kent.ac.uk/careers/slides.htm. . The Evolution of OCERS Unfunded Actuarial Accrued LiabilityThe Orange County Employees Retirement System (OCERS) is a public pension plan providing a defined benefit lifetime pension to many of Oran 1. 1. Basic Funding Concepts . Understanding the Actuarial Valuation. 2. Art Tepfer, A.S.A., M.A.A.A., E.A.. Tepfer Consulting Group, Ltd.. 145 Revere Drive. Northbrook, IL 60062. 847-509-7740 (847-922-8708 cell). Jo Lo. Getting Better Judgment Working Party. 1 December 2014. Background & Motivation. 1 December 2014. . It’s an important subject to practitioners. Why do we care?. Actuaries are responsible for recommending reserves, pricing, capital requirements, …. Prepared by: GROUP III. Cover Defined. This is a means by which an individual or organization conceals the true nature of its activities and existence from the observer.. It is also a strategy by which an investigator conceals his identity and his relation with the investigative agency.. February 28, 2014. Tisha Abastillas, FCAS. Outline. What is an Actuary?. What does an Actuary do?. How do you become an Actuary?. The Casualty Actuarial Society (CAS). Why become an Actuary?. What can you do right now?. Agenda. Introduction. Appointed Actuaries in India. Actuarial advice and risks associated with it . Stakeholders – expectations & governing regulations. Challenges and liabilities of Appointed Actuaries. OBJECTIVE . OF THE VALUATION . THE . ROLE PLAYERS. . . M. anagement’s . role . Role of internal audit and reliance on the work of actuarial expert. Internal audit is required to develop a risk based plan and this is done through development... By . Shepherd Fungura, . BCom. , FASSA, FIA. President of Actuarial Society of Zimbabwe . Group Chief Risk Officer at Old Mutual Zimbabwe. @. Insurance Institute of Zimbabwe Winter School – Monday 22 August 2016. Brian E. Johnson, ACAS, MAAA. briane_johnson@swissre.com. Senior Vice President. Swiss Re American Corp.. My Background. Traditional P&C Actuarial Roles. Pricing Actuaries. Reserving Actuaries. Traditional P&C Actuarial Jobs - Pros/Cons.