By definition knowledge is about "Facts and Skills acquired through Experience or Education - the Theoretical or Practical understanding of a subject."
Yes, knowledge is all that, and power. But we believe it is also about:
- Provide meaning in what you do and define purpose.
- Create greater value through human interactions.
- Set a clear way for both further knowledge and ideas.
With the basic foundation in place there is no limit to what can be achieved.
Dive in and improve your knowledge and awareness.
A selection of topics –
Insurance is about sharing risk. At the balance sheet of any insurance company the technical provisions is likely to be an important item. Both in terms of size and in terms of uncertainty.
Rate making, or insurance pricing, is the determination of rates charged by insurance companies. The benefit of this is to ensure companies are setting fair and adequate premiums given the competitive nature.
An audit is a systematic and independent examination of books, accounts, statutory records, documents and vouchers of an organisation to ascertain how far the financial statements present a true and fair view.
The concept of the MCR (Minium Capital Requirement) is rather straightforward. Under the Solvency II regime it is the minimum capital requirement for an insurance company to write business.
Top 5 skills...
of an Actuary
Actuarial Knowledge or Actuarial Science is a wide field of expertise. It covers the number crunching calculations. the skills of communication, understanding the economics, the technical side of data and systems, leadership and much more.
- Actuarial Problem Solving Skills.
- Solid math and statistics foundation.
- Computer, programming, software skills.
- Business and economics. Possibly law.
- Communication and personal skills.
Being able to work in a team and handle different environments or personalities is also key.
Test yourself with our list of acronyms. If you now them all you’re definitely a super-star.
Thoughts on Technology
chase you later."
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