Actupas’ Post

Over the past weeks I have been teaching the actuarial students of the KU Leuven about IFRS 17. As always it has been a pleasure and an honour to have the opportunity to meet the actuaries of the future. Moreover this time it has also been a trip down memory lane. Where is the time I was driving this ‘Ekomobiel’? #Ekonomika

DID YOU KNOW? You don't need a degree to become a qualified actuary with the IFoA (UK) — one of the most prestigious actuarial professional bodies in the world! At Actupas, we’re here to guide you every step of the way with expert tutorials conducted by a team of experienced tutors, helping you pass the exams and unlock your potential as an actuary. Whether you're aiming to become an Associate or Fellow, we’ve got you covered! Ready to take the next step toward your actuarial career? Join Actupas today! #Actupas #ActuarialScience #ActuarialExams #IFoA #ActuarialProfession #StudySupport #FutureActuaries

Let’s build the Actuarial profession together.

Best wishes to our eight writers starting study leave to prepare for the Common Final Examination! As you all begin this next step in your journey towards becoming Chartered Professional Accountants, remember that the OAG team is cheering you on! We believe in you and look forward to celebrating your success! 📚💪 #CFE2024 #TeamOAG #Support #Achievement

An actuaries guide to world domination (cue the sinister laugh): As #actuaries we love this amazing work. We get paid to help people manage their risks and solve all sorts of economic puzzles. It’s only logical that we want to spread this throughout the world. Let’s fine tune this a bit, how do we spread the reach of #soa around the world? We exclude USA and Canada here, as spreading actuarial science there means looking at under represented communities, something I discussed in an earlier post. We can split countries into three categories: countries with many actuaries but no exams of their own, countries with a large population but few actuaries, and countries with many actuaries but their own exam system. In the first category we need to be on the ground at universities helping lecturers to design courses in line with SOA exams and encouraging students to take exams as and when they finish learning the material. We have the UEC which I think is supposed to encourage students to take SOA exams but I feel the real issue is direct involvement with the lecturers. In the second category we need to walk before we run. SOA has micro credentials now, we should work with regulators to design such programs so there is a base of actuarial graduates with the foundation to succeed. The regulator can require insurers to hire a certain number of people who have successfully gone through the program and over time gradually increase the requirements and hiring until the country requires full FSA credentials. The third category is most difficult, here we can just focus on outreach efforts. Hopefully with this we can achieve world domination and bring people from around the world to our amazing profession!

Actuarial work can be very technical and complex. So as actuaries, can we actually present our work in an interesting, engaging way? I think we can! I've seen it happen. I've done it myself. And I've coached people to become better presenters. But too often, our message isn't received because: 💡 we include too many details, or 💡 we focus on the content without considering the structure or delivery, or 💡 we take our non-technical audience on a journey that they don't care about, or 💡we don't give ourselves enough time to practise, or 💡we assume that our presentation skills aren't important (I mean, we're actuaries, not performers, right?), so we don't work on building them. Or maybe we are just really nervous and avoid presenting. But if we can't present our results in a way that our audience understands, all of that cool actuarial work is pointless (except for, maybe, the joy we got out of completing it). Energetic facilitator Martin Mulcare and I have developed a short, practical course to help you enhance your presentation skills. We'll be running this course over 6 weeks, starting at the end of July. For more information, or to secure your seat, visit: https://lnkd.in/gzYNnSFc #actuary #actuaries #presentationskills #communication #communicationskills #career

Interview with Adif for the International Actuary Day: Main tips for actuaries (they work pretty well for non-actuaries as well) 1) Perfect your professional skills. Find the professional measures you don't score well on, and seek to improve them. 2) Embrace the vast world of so-called non-professional or "soft" skills and recognize that they are crucial for point (1).

Save the date for this must-attend webinar series with Dr. Paul Moran CFP® , where he will delve into the latest trends in financial planning and behavioural finance. Book your spot now! #FPIWebinar #BehavioralEconomics #FinancialInsights

The SCOR Actuarial Awards recognize and celebrate outstanding contributions to the actuarial science field, encouraging new ideas and insights. This year's SCOR Germany's Actuarial Awards took place during the German Association of Actuaries - DAV's recent annual actuarial conference in Mannheim, supported by the Universität Ulm. In Germany, the work of the three researchers was recognized by Wolfgang Schanz (SCOR Central Pricing) and Dr. Stegan Schelling (University of Ulm) who presented the awards. Please join us in congratulating the winners and learn more about their work below. 🏆 First prize: Robin Sell (University of Cologne) Spectral Decomposition in Fixed Income: Leveraging Principal Components for Portfolio Analysis and Macroeconomic Interpretation. 🏆 Second prize: Dr. Yusha Chen (Ulm University) Life Insurance Companies: Product Design, Marketing, and Investment. 🏆Third prize: Anna Ströse (Rosenheim Technical University of Applied Sciences) Calendar year risk in the chain ladder model: Derivation of the Merz-Wüthrich formula using the Law of Propagation of Uncertainty. Learn more about SCOR's Actuarial Awards here: https://bit.ly/47g4uZU #ActuarialAwards #SCOR #reinsurance #science #DAV #Germany

There are many components of the Coaching Actuaries platform which make it excellent for actuarial exam preparation, but my favourite must be the Earned Level system. As part of the Adapt package's practice exams, your Earned Level is a measure of your proficiency with respect to the exam material. It determines the difficulty of the questions you are presented on practice exams, and the results of your practice exams will modify your Earned Level accordingly. It's hard to describe why this system is so effective in detail without knowing what's going on under the hood. What I can attest to is that your Earned Level tunes the difficulty curve of your practice exams to perfection. It ensures that at any given moment, the questions you face are challenging enough to learn from without being insurmountable. In this sense, the Earned Level system maximizes your rate of meaningful progression, and optimizes the path to exam readiness.