What new skills have you developed recently? Our professional development arguably begins only after qualifying as an actuary – not because the exams aren’t useful (I for one couldn’t do my job without having learnt the required minimum), but because making a career that is right for us requires us to negotiate our own particular challenges and learn skills that have not yet made it into the standard syllabus.
This month we interview Kristian Niemitz, head of political economy at the IEA, who posits that there is a better way to organise a health system than the NHS, in order to deliver improved outcomes (p12).
This issue of The Actuary has a strong environmental focus and challenges readers to consider how actuaries can help address the biggest challenge of all: the overheating of our planet due to human activity, and the consequent costs to humanity.
Correlation matrices arise in many applications to model the dependence between variables. Dan Georgescu and Nick Higham ask what happens when we have a partially specified matrix and we wish to fill in the missing elements