In an opinion piece for The Actuary magazine in October 2016 (bit.ly/fundamentalFLAW) I highlighted a fundamental flaw in the EIOPA formula for calculating the risk margin.
Our strategy recognises that actuaries are a small but global community who are at their strongest when working together. Globally, there are around 70,000 qualified actuaries, but more than five million qualified accountants and a similar number of lawyers.
As an IFoA member based outside the UK, I believe I have a different perspective from that of my predecessors. Im currently based in Johannesburg, but spent most of my career in the UK. I have also been fortunate to have visited members in many other countries. I am therefore invested in fostering relationships with our UK-based members as well as responding to the ever-growing demand for IFoA membership and interaction overseas.
What defines us as a profession? Is it our technical expertise, the
As another year comes to an end, so too does my editorship of The Actuary. The past two years have been a fantastic experience, and have gone by very quickly indeed. It has been a privilege to lead such a dedicated and talented team of volunteers, as well as the wider team at the IFoA and publishers, who diligently work behind the scenes to deliver the magazine every mont