Actuarial Publications

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CRO Q&A: MetLife’s Lukas Ziewer

In his home city of Dublin, Lukas Ziewer - MetLife's chief risk officer for Europe, the Middle East and Africa - discusses Solvency II, risk culture and governance with Asa Gibson Preparing for Solvency II has been a massive project for many firms, not least MetLife Europe, which undertook a major restructuring of its operations in anticipation of the EU directive coming into force.In this interview with InsuranceERM, Lukas Ziewer, who joined the firm as regional chief risk officer (CRO) in November 2013, explains the efficiencies that restructuring created and how the role of the CRO has change dramatically now Solvency [...]

By | November 6th, 2017|Categories: Acumen Blog|Comments Off on CRO Q&A: MetLife’s Lukas Ziewer

Actuary Salary

Traditional employment On both the life and casualty sides, the classical function of actuaries is to calculate premiums and reserves for insurance policies covering various risks. On the casualty side, this analysis often involves quantifying the probability of a loss event, called the frequency, and the size of that loss event, called the severity. The amount of time that occurs before the loss event is important, as the insurer will not have to pay anything until after the event has occurred. On the life side, the analysis often involves quantifying how much a potential sum of money or a financial [...]

By | November 3rd, 2017|Categories: Acumen Blog|Comments Off on Actuary Salary

Actuary Jobs

Responsibilities Actuaries use skills primarily in mathematics, particularly calculus-based probability and mathematical statistics, but also economics, computer science, finance, and business. For this reason, actuaries are essential to the insurance and reinsurance industries, either as staff employees or as consultants; to other businesses, including sponsors of pension plans; and to government agencies such as the Government Actuary's Department in the United Kingdom or the Social Security Administration in the United States of America. Actuaries assemble and analyze data to estimate the probability and likely cost of the occurrence of an event such as death, sickness, injury, disability, or loss of [...]

By | November 3rd, 2017|Categories: Acumen Blog|Comments Off on Actuary Jobs

Actuary

An actuary is a business professional who deals with the measurement and management of risk and uncertainty. These risks can affect both sides of the balance sheet, and require asset management, liability management, and valuation skills. Actuaries provide assessments of financial security systems, with a focus on their complexity, their mathematics, and their Actuaries of the 21st century require analytical skills, business knowledge, and an understanding of human behavior and information systems to design and manage programs that control risk. The actual steps needed to become an actuary are usually country-specific; however, almost all processes share a rigorous schooling or [...]

By | November 3rd, 2017|Categories: Acumen Blog|Comments Off on Actuary

Ask an Actuary

Naomi Cooney, FIA, is a Financial Sector Specialist, Disaster Risk Financing and Insurance Program at the World Bank Group in Washington, D.C. Q: When did you first decide to become an actuary? During my final year of school my business teacher mentioned actuary as a career for those interested in mathematics and business. My best subjects in school were mathematics and accountancy and I was torn between applying for actuarial or accountancy courses in college. To be honest, I didn't know a whole lot about actuaries, other than you needed to be good with numbers and that it offered good [...]

By | November 3rd, 2017|Categories: Acumen Blog|Comments Off on Ask an Actuary

Actuary Jobs Dublin

International Recruitment Ireland’s re-energised booming economy has led to significant talent shortages that cannot be met from the domestic market alone. Actuaries are in big demand - ‘international recruitment’ has again become key. This article examines the role of international recruitment and its particular relevance to the Dublin actuarial market. Go west young man ! The world is truly getting smaller. The all-consuming trend of globalisation is dramatically changing peoples' attitudes to where they will work and live. Whereas 20 years ago a job in a ‘market like Dublin might have seemed like only a stepping stone in a long [...]

By | November 3rd, 2017|Categories: Acumen Blog|Comments Off on Actuary Jobs Dublin
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Other Publications

Why use a recruitment Agency? (July 2011)

Articles from ‘The Actuary’ Magazine

Actuarial Salaries Abroad: The Rate of Exchange (July 2009 issue)
Job Search Dos and Don’ts (Jan 2009 issue, unedited version)
Fearless Pay Rise Negotiation (January 2009 issue, unedited version)
Actuarial Asylum in the UK (June 2008 issue, unedited version)
I’m an actuary, get me out of here! (January 2008 issue, unedited version)
Fancy going international? (July 2005 issue, unedited version)
The joy of sabbaticals (January 2005 issue)
Mind the gap (Considering changing practice area?) (September 2004 issue)
Why is life so complicated? (January 2004 issue) | Winner of ‘Writer of the Month’ Web version
All in a day’s work – Case Study 4 (January 2003 issue)
Actuary or Chameleon? The Job Search Jungle (January 2003 issue)
Identity Crisis (July 2001 issue) | Winner of ‘Writer of the Month’
Recruit to Retain! (January 2001 issue)
International Recruitment – Feeding the Celtic Tiger (July 2000 issue) | Winner of ‘Writer of the Month’