Actuaries will be central to insurers’ preparations for SII

January 2016 marks the introduction of Solvency II, the new European wide methodology which will be used to maintain a safe and robust insurance industry capable of meeting its obligations to policyholders. With this new regime being introduced in just 17 months’ time, insurers haven’t got long to finalise their preparations. The scope of change is significant and will result in a much greater demand for actuarial skills. For a start, actuaries will need to provide the core actuarial function that all insurers require. Actuaries will also need to fulfil additional roles, including understanding and building appropriate models to help firms assess what their business might look like under different scenarios.

Revolution Not Evolution: AE for GIP

In a landmark series exclusive to Actuarial Post, Canada Life’s Paul Avis sits down with Editor Ellie Burns to put forward his ground-breaking argument on automatic enrolment for GIP. In the first of three Q&A’s, Paul highlights why AE for GIP is so urgently needed for the market, individual and employer and why it should be regarded as the priority benefit.

What took you so long, George?

With the now well quoted “Let me be clear: no one will have to buy an annuity” the Chancellor focused post Budget commentary on the anti-annuity theme, and the eye watering reaction of insurer share prices following the announcement. The upheaval detracted from the broader more positive message underpinning his proposed pension reforms, which is that properly advised consumer choice will lead to better outcomes for people in their retirement.

Are you championing digital?

Latest World News

Wed, 30 Jul 2014 More violence in China's Xinjiang, prominent academic indicted
Wed, 30 Jul 2014 Russia wants Apple, SAP to cooperate against foreign spying
Wed, 30 Jul 2014 Bank of England imposes 7-year bonus clawback on errant bankers
Wed, 30 Jul 2014 Moscow fights back after sanctions; battle rages near Ukraine crash site
Wed, 30 Jul 2014 Carnage at U.N. school as Israel pounds Gaza refugee camp
Wed, 30 Jul 2014 UK fraud squad considers criminal probe into rate rigging at Lloyds - sources
Wed, 30 Jul 2014 U.N. battles for more people-trafficking convictions
Wed, 30 Jul 2014 Indian landslide kills 10, scores feared trapped
Wed, 30 Jul 2014 Russia bans Polish fruit and veg in apparent retaliation for sanctions
Wed, 30 Jul 2014 Army breaks up protests as Yemen raises fuel prices

Lifestyle Actuary

The trappings of fast paced city lifestyles rarely take into account the charm and elegance that a room, a dinner or a cup of tea can afford; characteristics lost to a by-gone era of debutante balls and black tie for dinner.

The Luddite

Sam Richardson looks into the up and coming and the outgoing of the technology and gadgetry world in 2014.

Travelling Actuary

This month Travelling Actuary Eve Hartridge takes us to Greece's very own Emerald Isle located in the heart of the Ionian Sea, Corfu.

Site Search

Exact   Any  

Latest Actuarial Jobs

Digital Magazine

  Auto-enrolment for GIP


Actuarial Post's Digital Magazine Issue 39

Exclusive interview: - The Benefits: Auto Enrolment for Group Income Protection

Click the image above to view. Click here to receive your future copies of our monthly magazine

Author Companies

Actuarial Jobs & News Feeds

Jobs RSS News RSS