PricewaterhouseCoopers has appointed Guy Shepherd to head up its actuarial systems and modelling services.
Mr Shepherd's remit will involve him advising insurers on how to meet the increasing demands from management and other stakeholders for more frequent and extensive actuarial and risk information.
He joins the consultancy after 17 years at Prudential, where he was most recently head of actuarial and business intelligence systems with responsibility for the implementation of their IT programme underpinning Solvency II.
Charles Garnsworthy, UK actuarial leader at PwC, said Mr Shepherd would be a 'great addition' to the company's actuarial team. 'His new role will help our clients to successfully prepare for a post-Solvency II world, where fit for purpose actuarial IT will be more important than ever to achieve a competitive advantage.'
Mr Shepherd added: 'Given the huge amount of time and effort insurers are devoting to Solvency II it is vital that their IT systems are also fit for the regulation's new data, risk and reporting demands. I look forward to helping our clients navigate this challenge and develop the best solutions.'
