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03

Financial ERM book scores Sweeting success

Open-access content 27th February 2012

The Profession’s eShop staged a book signing for author Paul Sweeting’s warmly received new title Financial Enterprise Risk Management at the Actuarial Profession's Life Conference.

The Profession’s eShop staged a book signing for author Paul Sweeting's warmly received new title Financial Enterprise Risk Management (Cambridge University Press) at the latest Life Conference gathering in Liverpool.
Paul Sweeting book signing Financial Enterprise Risk Management

Many purchasers commented that a subject as big and important as ST9 had finally received the textbook required to do it justice, while managing to present challengingly complicated information in a readable style.

Sweeting is justly proud of this. "I think it's fair to say that this book took a lot longer to write than originally envisaged when signing the contract," he said, "but I was aware this was an important opportunity to express the subject in a style that actuarial students require.

"I wanted to accomplish a defi nitive book on the subject, and thus put in the required hours - but had I realised just how much time I'd be spending on it, I would probably have agreed a higher fee!"

The book provides all the tools required to build and maintain a comprehensive ERM framework, covering a range of qualitative and quantitative techniques and their uses in identifying, assessing, modelling and measuring risk.

Sweeting said: "Having been an actuarial student myself, I recognise the importance of ensuring that the book reads well in a coherent and understandable style."

This view was shared by contented purchaser Catherine (also pictured), who commented: "The skill lies in Sweeting's ability to unpack highly complex material" - something he undoubtedly achieves across the book's 550 pages, using over 100 diagrams in the process to explain lucidly the range of available risk-management approaches.

The book can be ordered for £58.99 - £6 less than the RRP - from: bit.ly/yGRQ90

This article appeared in our March 2012 issue of The Actuary.
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