Category Archives: Great Links

Student Calendar – Actuarial Timetable

The Institute and Faculty of Actuaries has published a timetable of events for the examinations and education year.

We hope that this link will be useful for those of you who are currently studying for your actuarial exams.

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Are You an International Actuary?

Actuarial Skills Travel Well but immigration regulations are being updated frequently.

If you are considering moving abroad it is important to ensure that you are aware of the various procedures that need to be followed when applying for international visas and work permits.

To help you we have created a list of  links to the relevant pages of international immigration websites.

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New Year, New Calendar

GAAPS Actuarial is delighted to present our 6th Annual Faith Calendar.

The dates of the major festivals for various religions have been highlighted for you.Why not use it to ensure that your meetings and events don’t clash with key dates and when your colleagues or customer base may be unavailable?

It will be a pleasure to forward you a printed copy upon your request.

From everyone at GAAPS…
A happy, healthy and prosperous New Year!

Slides From GAAPS-Imperial Actuarial Careers Event

The slides for the presentation at the recent GAAPS Actuarial careers event at Imperial College Business School can be downloaded here.

The presentation includes The Actuarial Profession; Life as an Actuary; and Global Careers and Actuarial Finance.

Download the presentation here

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How Do You Set Your Rates? International Societies Join Forces For Survey

The Casualty Actuarial Society, The Institute and Faculty of Actuaries and the Institute of Actuaries of Australia have joined forces to produce a global ratemaking survey.

The goal of the survey is to gain a better understanding of current property/casualty ratemaking practices, techniques and skills throughout the insurance community.

They are keenly interested in responses from actuaries with experience in property/casualty ratemaking, and also  encourage you to share the attached survey with your non-actuarial colleagues involved in the pricing decision-making at your firm.

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Cooper Review – Australia’s Superannuation System

The Australian Government has released the final report of the Cooper Review into the governance, efficiency, structure and operation of Australia’s Superannuation System.

The review was commissioned in May 2009 to provide recommendations on how to make superannuation simpler, safer and more efficient.

Key points that are likely to be of interest to actuaries include:

Commissions based on insurance in Super Commissions will be banned on all insurance products in super.

There will be a ban on self insurance other than for defined benefit funds.

There are new capital requirements for super funds.

APRA is being given increased powers.

There are minimal changes to SMSFs.

A Code of Trustee Governance is proposed as nearly all the issues looked at in the Review link back to trustee governance in some way or other.

Standard product and investment reporting and detailed financial and operational info on websites.

MySuper should be a whole of life product and include a retirement phase.

Risk Management on Liquidity is being increased.

There are several recommendations for Defined Benefit plans.

The full review can be downloaded here.

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Advertising for Actuaries and Age Discrimination Legislation – Are your ads legal?

In 2006 the Employment Equality (Age) Regulations in the UK made it unlawful to discriminate against workers, employees, job seekers and trainees because of their age. So, four years on, where are we now? There has definitely been increased awareness of the legislation, but more is needed.

In this month’s Actuary Magazine, Hannah Kaye and Sima Varsani discuss what you can and cannot say when advertising actuarial jobs.

You can read the full article here and we hope that it will help you avoid some of the more common traps.

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