PPT-Case Study G3: Another Actuary’s

W ork Institute of Actuaries of India Serving the Cause of Public Interest Indian Actuarial Profession Shruti Saxena Vaibhav Tyagi Varadaprasad Jagannathan Guide Khushwant Pahwa The Case Study . HBAS employs insurance professionals with expertise in varied disciplines both within and outside the actuarial profession. We assemble the appropriate team to address all of your consulting needs as efficiently as possible. The first thing to remember about writing a case study is that the case should have a problem for the readers to solve The case should have enough information in it that readers can understand what the problem is and after thinking about it and anal SEE THE WORLD. . 2. WHAT IS AN . ACTUARY?. 3. PART SUPER-HERO. PART FORTUNE-TELLER. . PART TRUSTED ADVISOR.. ACTUARIES ARE EXPERTS IN:. Evaluating the likelihood of future events—using numbers, not crystal balls.. Committee on Professionalism Education. Agenda. Professional Guidance. Skit. Small Group Discussion. Large Group Discussion. Takeaways. Professional Guidance. Precept 1 of the Code of Conduct: An Actuary shall act honestly, with integrity and competence, and in a manner to fulfill the profession's responsibility to the public and to uphold the reputation of the actuarial profession.. 2. Agenda. Initial considerations. The . case study – background and overview. Our view of the case study. Issues surrounding the case study. Poor data quality. Reliance on other’s work. Suppression of case reserve. Committee on Professionalism Education. Skit Background. Linda, an FCAS, is the Chief Actuary for a mid-size company writing only Workers’ Compensation insurance in a large state. . Linda has the responsibility of signing the Statement of Actuarial Opinion for the company. . Quarks attract one another with a force that actually becomes stronger the farther the quarks are apart, as if each were joined to its neighbors by means of an unbreakable elastic thread. When quarks &. You. 10-12-2010. N K Parikh. Efficient Management. Sound Underwriting. Excellent Marketing which produces results. Luck . . Ingredients of Success. Luck . -external, environmental, attitudinal. G. Neff McGhie, III, MSPA. &. Kurt F. Piper, FSPA. What is a Back office Actuary?. This is a good question!. Could be:. An independent contractor hired by TPA to help with DB plans. An employee stuffed in a closet in the back of the TPA’s office because he’s not allowed to actually talk to anyone. from someone who wears both AA and EPR hats. Tim Spicer FIAA FNZSA. History of the Australian regime. : . areas affecting actuaries. 2001. HIH collapse and Royal Commission of Inquiry. 2002 - 2005. Introduction of prudential standard for liability valuations (GPS210) including introduction of the 75. – . What They Do. “Risk Analyst” – Uses Statistics and Probability Theory to quantify risks. . Informs the business management about the quantified risk, and help with making business decision. . CW – adult male presenting with severe pain in the left shin, the ankle joint is twisted at an unnatural angle. He has been doing gymnastics, and landed badly while performing a double somersault. . Jill Draeger Case Study Solution & Analysis. Get Jill Draeger Case Study Analysis & Solution at BEST price. Institute of Actuaries of India. Serving. the Cause of Public Interest. Indian Actuarial Profession. Vichitra . Malhotra. Ishwar Gopashetti. Gopal Kumar. Guide: Mayur Ankolekar. Agenda. www.actuariesindia.org.