Tan Suee Chieh

To celebrate #AANHPI Month, #TheActuary released a new article focusing on the positive impact Asian actuaries make to the actuarial profession, the ever-growing representation of them in the workplace, the difficulties of the bamboo ceiling and more. Read the article at https://bit.ly/3wuKEwK.

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Your expertise is only half the equation - how you're perceived as an actuary can shape your entire career trajectory. In our latest Actuaries Digital article, Adam Barrow and Rachel Lee share tips on crafting your professional identity both within and outside your organisation. From understanding your leadership style to making meaningful industry connections, this practical guide offers a framework for: • Building internal influence through expertise sharing and open communication • Developing your external presence through volunteering and event participation • Creating lasting professional relationships that enhance your career journey Whether you're a newly qualified actuary or an experienced professional, you'll find actionable strategies to elevate your personal brand and contribute to the profession's growth. Read the full article: https://lnkd.in/gfAQ8rQ9 #actuaries #personalbrand #professionaldevelopment

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The actuarial job market is evolving, and so are the skills employers are looking for. This week on Actuaries Digital, SKL Actuarial's founder and Managing Director, Jas Singh (FIAA) shares his insights on the top skills and attributes that can set you apart in 2024. From programming expertise to effective communication and strategic thinking, actuaries must now master a diverse skill set to stay competitive while blending technical and soft skills. Discover how you can enhance your competitive edge and meet the demands of the ever-changing actuarial landscape: https://lnkd.in/g3bYMs37 #actuaries #careerdevelopment #softskills #JobMarket2024

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In early April, the AI Summit in Singapore brought together more than 50 actuaries from 17 countries to discuss AI's transformative impact on the actuarial profession. 🤖 Sponsored by the International Actuarial Association (IAA), the event highlighted how AI is creating new roles and solutions for actuaries. Explore key takeaways from the summit in a new article by Jing Lang, FCIA, to learn how the IAA's AI Task Force is gearing up the profession for the future. And, with interviews featuring AI Task Force members and FCIAs Tim Bishop and Bernice Lim, discover the future implications of AI on the industry. 💡 Matt Bartley, FSA, FCIA #ActuarialExcellence #AI #ArtificialIntelligence #ProfessionalDevelopment #AIforActuaries

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Apac HNW insurance demand tipped for double-digit growth. Insurers and brokers across the region expect double-digit growth in premiums from high-net-worth individuals over the next two to five years. https://lnkd.in/giczRg2V #insurance #apac #highnetworth

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New webinar by the International Actuarial Association on #diversity next week: "Why embracing diversity can be just what the actuarial profession needs!" Join this insightful session with Tonya Manning, Kirsten Sasady📌, and Frank Schiller on April 22. • It's not just about diversity for diversity's sake but a strategic approach to stay ahead in an increasingly complex and interconnected world. • Embracing diversity can make actuaries more relevant and adaptable in an ever-evolving job market. • The strategic advantages of diversity leadership and its potential to enhance the relevance of actuaries as the world faces new economic and societal challenges. • Organisations achieve better results when they adapt to leverage different backgrounds and disciplines 🎫 Register now for free: https://lnkd.in/eydMNDKi

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A recent report from Swiss Re spotlights the high-net-worth (HNW) market in Asia Pacific as a key growth area for insurers. https://lnkd.in/gjG8iwM9 The report notes opportunities in areas such as the property sector and estate planning, with large life insurance policies gaining traction. Insurers are expanding operations, innovating products, and exploring new distribution channels to capitalise on these trends. However, the industry also faces challenges, including higher interest rates, which have affected premium financing and can also lead to increased lapses. More below 👇 #Insurance #Asia

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A senior APRA executive has pointed to a 50% decline in new retail life policies over the past five years and the exit of 43% of advisers. https://lnkd.in/gMs6-yBN #actuariesinstitute #apra #lifeinsurance

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Curious about the journey to becoming an actuary? Not all paths look the same, as explored by Munich Re Life's Sean Kim, who had a non-traditional start to the profession. Read the full article here: https://ow.ly/gkUA50RzPeW Learn about Sean's progression in the field, from taking risks and being outside of your comfort zone, to identifying opportunities and achieving personal fulfilment. #MunichReLifeNA #actuary

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"Shaping Tomorrow: Promoting Progression and Driving Diversity in the Actuarial Profession" – Kartina Tahir Thomson, President of Institute and Faculty of Actuaries In our latest Supporter Recommends, Kartina Tahir Thomson highlights how, though it's been 100 years since the first women qualified as actuaries, there’s still work to be done to increase diversity at senior levels. "Investing in early career talent builds an inclusive profession and promotes diversity at senior levels." – Kartina Tahir Thomson She also discusses the role of mentoring and DEI strategies in shaping a diverse and inclusive future. Read Kartina’s Supporter Recommends article here: https://lnkd.in/e_DeHPGU #DiversityAndInclusion #SocialMobility #Mentorship #ProgressTogether #ActuarialProfession

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Can the efficiency of actuarial software really have a significant impact on the implementation of IFRS 17? Alex Tsai, Head of Greater China, recently spoke at the Insurance Insight Summit in Beijing unravelling the continuous paradigm shift that the actuarial landscape continues to undergo. This has led property insurance companies to explore the traditional boundaries of actuarial software, alongside the shortcomings of predictive capabilities in traditional life insurance actuarial models. Hear more from Alex in our latest blog here: https://ow.ly/Bscy50Son6U #IFRS17 #Actuarial #Insurance

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Australia is no longer the top retirement system in Asia Pacific – the first time that has happened since the Mercer CFA Institute Global Pension Index started tracking and ranking the competence of pension systems around the world. Mercer partner and lead author of the report, David Knox, said superannuation can do better in areas like providing retirement income projection and unisex annuity rates. #pension #retirement #InvestmentMagazine https://lnkd.in/gBh4BJSu

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As the actuarial profession evolves, so do the expectations of new entrants. In a recent episode of the Leadership Interview Series hosted by the Conference of Consulting Actuaries - CCA and podcast host Michael Clark, Bella Thiel, a new actuarial professional, highlights the growing focus on topics like mental health, work-life balance, environmental impact, the value of genuine mentorship, and the need for authentic leadership   Key Insights: - Company Culture: Younger actuaries seek leaders who create supportive environments, encouraging open discussions on well-being. - Mentorship Matters: There’s a strong need for experienced actuaries to actively offer mentorship to help guide the next generation. - Authentic Leadership: Leaders who are transparent about their struggles and lead with empathy serve as the most effective role models.   Tune in to the podcast to hear Bella’s insights on how leadership can evolve to meet the needs of a new generation. 🎧 https://lnkd.in/eTZ3cdk3 Bella also maintains a Youtube channel to fill a gap she saw during her own research into the profession, offering student perspectives on actuarial exams, internships, and career advice.   #Mentorship #MentalHealth #Authenticity #Leadership #ActuarialProfession #Volunteering #YoungActuraries #Interships

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S. Korea’s non-life insurance sector is experiencing moderate expansion as non-life insurers focus on securing future profits under IFRS 17. https://lnkd.in/gHPUAg2Z

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Finity is a proud sponsor of and contributor to the Actuaries Institute All Actuaries Summit on 1-3 May 2024. Several Finity climate experts, including Actuary of the Year, Sharanjit Paddam, will present and chair climate-focused sessions over the 3 day summit. - Sharanjit Paddam will chair the ‘Plenary 6: Safer Homes and Affordable Insurance’ session, where experts will discuss innovative solutions for building resilient and insurable housing in Australia, focusing on sustainability and long-term protection. - Ruby Smith, Sharanjit Paddam and Senthooran Nagarajan from Finity (alongside John Evans) will present ‘Between the Orderly and Hot House World: A Practical Guide to Effective Climate Risk Management for Banks’. This guide explores how banks can integrate climate risk into their broader risk management frameworks, focusing on physical and transition risks, climate scenario analysis, and credit risk management. The paper provides practical recommendations for addressing these evolving challenges in the financial sector. - Finity’s Evelyn Yong, Sharanjit Paddam and Portia Elliott (with Jas Singh as chair) will present ‘Qualitative Assessment of Complex and Interacting Climate Risks’. They will discuss how insurers can expand climate risk assessments beyond the built environment to consider social, natural, and economic domains, using qualitative analysis to map interactions and identify complex risk patterns that quantitative models might miss. To find out more and see the full list of Finity presenters, view the All Actuaries Summit program: https://lnkd.in/gmMqFzfW #Climate #Sustainability #Actuaries

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Building on her insights from the International Actuarial Association AI Summit in Singapore, Jing Lang, FCIA, explores practical ways for actuaries to actively engage with AI technology in a new follow-up article. 🤖 Featuring an interview with AI Task Force member Matt Bartley, FSA, FCIA, discover the specialized training programs, AI-powered tools in development and knowledge-sharing communities that actuaries can use to thrive in the age of AI. #ActuarialExcellence #AI #ArtificialIntelligence #ProfessionalDevelopment #AIforActuaries

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