ICT role in 21st century education and it's challenges.
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El Rol del Actuario SOA
1. 1
El Rol del Actuario
Lisa Kuklinski, FSA, MAAA
10 de octubre de 2019
Santiago, Chile
2. 2
ActuariesâŚ
Analyze, measure,
convert and manage risk
Use math, statistical
skills, financial theory,
business knowledge,
and an understanding of
human behavior
Develop and validate financial models to guide
decision making and turn risk into opportunity
2
3. 3
3
Over 31,800 Members worldwide
44,200+ Candidates
Three-fold commitment:
Education, Research and the Profession
4,300+ Volunteers
5. 5
International Strategy & Partnerships
â˘Enhance skills of actuaries
â˘Build reputation of
profession
â˘Increase influence and
effectiveness of actuaries
6. 6
Latin America Committee
Increase the awareness of the SOA in Latin America,
Collaborate to improve the skills of actuaries and the
actuarial profession,
Enhance the reputation and visibility of the profession,
Build relationships with regulators, universities, local
associations and employers, and
Broaden the influence and effectiveness of actuaries in the
region.
FOCUS
Argentina, Brasil, Chile and Colombia
7. 7
La importancia de la funciĂłn actuarial
⢠IFRS representa una evolución:
⢠Mås dinåmico
⢠Menos prescriptivo
⢠Actuarios son esenciales para la implementación de
IFRS: modelos, supuestos, y anĂĄlisis
⢠Juicio actuarial impacta la solvencia de la compaĂąĂa
y las ganancias
8. 8
Tareas actuariales de IFRS
⢠Evaluar la capacidad de los
sistemas de TI para
modelizaciĂłn
⢠Seleccionar metodologĂa
⢠Programar modelos
⢠Hacer cålculos
⢠Evaluar la calidad de la
informaciĂłn
⢠Hacer estudios de experiencia
(mortalidad, caducidad)
⢠Observar tendencias y cambios
⢠Seleccionar supuestos
,
⢠Examinar sensibilidad
⢠Revisar los resultados
⢠Presentar los resultados
⢠Reflejar incertidumbre y
riesgos
⢠Preparar un reporte actuarial
10. 10
Punto de vista del IAA
⢠In our view, in order to allow the management of the insurer to have the
necessary insight and understanding of the work of the actuary in
relation to IFRS 17, as a good practice to be followed, the actuary should
prepare an internal report to the management of the insurer where this
report clearly describes, among others, the applied methodology; the
assumptions used; the data used; identification of the judgments
applied; and the results including their sensitivities.
⢠In our view, in order to allow the management of the insurer to prepare
the financial statements appropriately, as a good practice to be followed,
the report should be duly signed-off by a fit and proper actuary
⢠The term "fit and proper" needs to be defined, and inspiration could be
found in the European Solvency II Directive, Article 42:
⢠Fit: of adequate professional qualifications, knowledge and experience; and
⢠Proper: of good repute and integrity
⢠In our view, appropriately qualified actuaries of full member associations
of the IAA should be considered fit and proper.
Include intro:
Glad to be here at INSERT DETAILS
Ask Javier & Federico to introduce themselves and give a short background
Todayâs key topics:
The SOAâs Path to Membership
The Examination System
How the SOA can help
MatemĂĄticas y estadĂstica
EconomĂa y finanzas
Las leyes y el ambiente regulatorio en su ĂĄrea de prĂĄctica
Contabilidad
Puestos Actuariales Dentro de CompaĂąĂa
ValuaciĂłn de reservas para los estados financieros
CĂĄlculo de las tarifas de primas
Estudios de experiencia (ver MĂłdulo 2)
Reglas de selecciĂłn de riesgo
The SOA is a membership organization for actuaries dedicated to Education, Research and the Profession.
We have over 31,000 member actuaries and over 44,000 candidates pursuing a designation.
Our programs and services are supported by a paid staff of 135 and over 4,300 actuary volunteers.
Hereâs a snapshot of the SOA:
29,000 SOA members around the world.
Majority of members are in the U.S. and Canada
Significant growth in China, Asia and Latin America
We have more than 3,800 volunteers
Regional committees to support the international strategy: China, Greater Asia and Latin America
10 members includes representative from each of our targeted countries and two SOA staff
ÂżCuĂĄles son las caracterĂsticas de una profesiĂłn?
El expertismo (pericia) para manejar ciertas cosas que son crĂticas para el bienestar de la sociedad
Un periodo largo de educaciĂłn especializada
La confianza del pĂşblico
The SOA offers educational pathways to attain these three designations
Associate of the Society of Actuaries (ASA)
Knows the fundamental concepts and techniques for modeling and managing risk.Â
Knows basic methods of applying those concepts and techniques to common problems involving uncertain future events, especially those with financial implications
Chartered Enterprise Risk Analyst (CERA) signifies a specialty in enterprise risk management.
Fellow of the Society of Actuaries (FSA) - the highest designation from the SOA.
Knows and understands the business environments where financial decisions are made.
Applies mathematical concepts and other techniques to the various areas of actuarial practice
Demonstrates in-depth knowledge and applies appropriate techniques to a specific area of actuarial practice
This new graphic displays the ASA pathway effective in July of this year.
Candidates will work through the components in learning stages (e.g. complete column 1 first and then work through the requirements one column at a time to the right to complete the full pathway.
