Actuaries Institute Podcast

Could superannuation help solve our healthcare funding crisis? In our latest instalment of Investment Ideas, hosts Douglas Isles and Jan Swinhoe speak with Dr Raymond Yeow, a unique voice in healthcare who combines perspectives as both a GP and an actuary.

"We're witnessing a historic democratisation of data and AI capability," says Zilinka Jiang, Executive, Data Science at Quantium.In Digitisation, Zilinka sits down with hosts Jan Swinhoe and Douglas Isles to discuss the transformative potential of AI, practical applications, and how AI can enhance investmentmanagement. 

How can retirees confidently spend their super without fear of running out? In our latest instalment of Investment Ideas, hosts Jan Swinhoe and Douglas Isles explore the challenges of the decumulation phase with Giacomo Tarantolo from Unisuper and Estelle Liu from AMP, specialists in retirement solutions.

Are we ready for a world with fewer babies and longer lives?In the latest instalment of Investment Ideas, Jan Swinhoe and Douglas Isles sit down with Dr David Knox AM and Associate Professor Katja Hanewald to explore the economic and investment implications of global demographic shifts.

How do complex views on decarbonisation create investment opportunities?In the third episode of Investment Ideas, Nicolette Rubenstein AM, incoming Chair of Greenpeace and financial services non-executive director, speaks with Jan Swinhoe about Australia's energy transition and how diverse views on decarbonisation create opportunities for investors.

As nations continue to respond to crises by taking on more debt, are we kicking the can down the road on global debt sustainability?In the second episode of Investment Ideas, Debt, Douglas Isles sits down with Simon Warner, Head of Portfolio Management at Aware Super, to explore how investors should think about debt sustainability and the factors that influence debt markets.

The debut episode of “Investment Ideas” dives straight into one of the most significant forces reshaping global markets: deglobalisation.Co-hosts Jan Swinhoe and Douglas Isles speak with Belinda Cheung, Director in the Economics and Capital Markets team at Future Fund, and Annette King, non-executive director, former CEO, and former President of the Actuaries Institute, to explore how geopolitical shifts are transforming investment opportunities and risks in 2025 and beyond.

In the latest episode of ConverseAI, host Tong Zhang speaks with Estelle Liu about how data science can help address key challenges in superannuation, including large-scale projections, understanding customer lifetime value and predicting member behaviour.   

In our latest episode of ConverseAI, host Aidan Sussman chats with actuaries Ean Chan and Minh Phan, and data scientist William Zheng on the large language model (LLM) applications they use to assist, from text summarisation to assisting classification for pricing and cost models.  They also discuss the recent developments within the LLM industry and the benefits of using retrieval augmented generation (RAGs) versus fine-tuning to guarantee your output aligns with your intentions.

In our latest episode of ConverseAI, host Meg Yang chats with industry experts Jacky Poon, Jon Shen, and Andres Villegas Ramirez on the integration of generative AI within the actuarial profession.Listen now.View the transcript.

Actuaries Institute Fellow Meg Yang brings together Victor Bajanov, Jacky Poon and Sam Zheng to discuss the potent capabilities of AI in driving businesses' efficiency and growth.In this podcast, they discuss:the efficiency and growth ChatGPT and LLMs can offer;how industry leaders can leverage AI for better customer service and decision support;the challenges of data security and workforce adaptation;how to balance AI tools with human expertise; andtips on implementing AI with a forward-thinking mindsetTune in now.View the transcript.

In our latest podcast, Superannuation and Investment Practices Committee (SIPC) members Christine Li and Hendrie Koster delve into the pressing issue of greenwashing within the superannuation and investment industry and what it means for superannuation and investment firms and consumers.Listen to the podcast now. View the transcript.

Explore the intersection of generative AI and education with Kriti Khullar in a new Actuaries Institute podcast. Joined by Amanda Aitken, Andres Villegas, and Jon Shen, this episode explores how AI tools like ChatGPT are impacting learning and the actuarial profession.Listen now to find out how AI is affecting the world of actuarial education now.View the transcript.

In the rapidly advancing world of artificial intelligence, the conversation around ethics has never been more critical. In this podcast, Kriti Khullar, an Associate of the Actuaries Institute and lead at IAG, discusses this digital conundrum with Victor Bajanov of Quantium and Tiberio Caetano from the Gradient Institute.Listen now.View the transcript.

One year on from our publication, Home Insurance Affordability and Socioeconomic Equity in a Changing Climate, home insurance affordability remains a significant concern. To highlight and address this issue, the Institute has published new research, Home Insurance Affordability Update and Funding for Flood Costs: Affordability, Availability and Public Policy Options. The second report, Funding for Flood Costs: Affordability, Availability and Public Policy Options, examines riverine flood risk, which plays a significant role in the current pressure on home insurance affordability. The report outlines a package of short, medium, and long-term policy measures that should be considered by governments, insurers, and other stakeholders to reduce affordability stress for households who are also facing the highest risk. In this episode, lead author Evelyn Chow speaks to Actuaries Institute Executive General Manager of Public Policy and Professionalism Vanessa Beenders about:Why solutions for flood risks are so crucialThe suite of potential solutions, including:risk reduction;cost sharing; andgovernment direct cost reduction.

One year on from our publication, Home Insurance Affordability and Socioeconomic Equity in a Changing Climate, home insurance affordability remains a significant concern. To highlight and address this issue, the Institute has published new research, Home Insurance Affordability Update and Funding for Flood Costs: Affordability, Availability and Public Policy Options. Home Insurance Affordability Update examines home insurance affordability in the context of all natural perils, and found that the proportion of “affordability stressed” households – those that spend more than one month's worth of their gross annual income on home insurance – rose from 10 to 12% in the year to 31 March 2023. These households spend on average 8.8 weeks of their income on home insurance, which is more than seven times what the average household spends. In this episode, lead author Sharanjit Paddam and Actuaries Institute Executive General Manager of Public Policy and Professionalism explore:The meaning of extreme affordability pressure and its drivers.Affordability by local government area (LGA).How the different types of natural perils impact insurance affordability.The expected impact of the Cyclone Reinsurance Pool on insurance affordability.

The deep economic divide between Australia's rich and poor is in danger of worsening unless wide-ranging government policy reform is undertaken, a new Green Paper released by the Actuaries Institute warns. In the latest episode of the Actuaries Institute podcast, Vanessa Beender discusses some of the Paper's findings with one of the authors, actuary Dr Hugh Miller, including:the meaning of inequality;the relationship between inequality and health, education, housing and environmental outcomes;policy recommendations to address this issue.

In our latest podcast, Risk Management Practice Committee (RMPC) members Jason Yu and Srikar Velivela come together to review RMPC's achievements and accomplishments during 2022.RMPC consists of experienced actuaries with expertise in various areas of risk management including insurance, banking and finance. The committee works together to develop guidance and resources that help actuaries effectively manage risks in their respective industries and provides input and advice on regulatory and legislative matters relating to risk management. In this episode, members of RMPC share:An introduction to the committee and their mission.Updates from the latest Enterprise Risk Management Fellowship course.Insights gained from recent CPD sessions.Valuable inputs on regulatory matters.How the committee adapted to the challenges of the COVID-19 pandemic.Listen to the podcast below ⬇Read the transcript.

As data science and artificial intelligence continue to break new grounds, the need for data scientists continues to grow stronger and stronger by the minute. But what does a career in data science look? And more important, how do you get there?In this episode, Tong Zhang speaks with Kelly Chu President of the UNSW Actuarial Society and Rohan Dixit, Data Science Executive, Quantium to discuss their careers in data science across the different career stages. In this episode they share:Parallels between actuarial science and data scienceWays to explore data science pathways as a studentInsights from working within the data science sectorThe conversation is followed by an exclusive interview with Jas Singh, Senior Recruiter for SKL who shares insights on the top skills and traits employers are looking for. Listen to the podcast: https://api.spreaker.com/v2/episodes/53067593/download.mp3Read the transcript.

With its roots in a ride hailing up, Grab Insure Business is not an insurance company. It's not a bank a consultancy firm but rather something completely different.Grab Insure Business is part of a NASDAC listed, unified conglomerate multinational company based in Singapore. Being the first decacorn in Southeast Asia, it has a simple mission of providing financial empowerment and creating economic opportunities by bringing users into the digital age by expanding their business.But how exactly does Grab Insure Business work? How is it different to traditional insurance platforms? And will we see more business Grab Insure Business emerge as the digital revolution continues?To discuss these questions, actuary Iwan Juwono (Head of Insurances at Grab Insure Business) joins industry-peer Louis Lee (Fellow Actuary and Partner at Deloitte Consulting) on the Actuaries Institute Podcast.

Today the Actuaries Institute releases its latest Green Paper, Cyber Risk and the Role of Insurance.Australians are more dependent than ever on technology and cyber risk cost the Australian economy $33 billion last financial year.The paper, written by actuaries Win-Li Toh and Ross Simmonds, and technology expert Michael Neary, notes while the first line of defence against cyber risk will always be good cyber hygiene and security, cyber insurance is an important second line of defence.There are gaps, however, in achieving the best practice ideal, especially a severe skills shortage, limited understanding among Boards of the role of cyber insurance, limited education among SMEs of cyber risks, and capacity and profitability challenges in the market including for accumulation risks.This Green Paper offers several solutions-focused discussion points, as we examine the complementary roles of government, business and insurers in creating a robust best-practice framework, where cyber insurance can thrive and offer better protection against cyber risk.GREEN PAPER: https://www.actuaries.asn.au/Library/Opinion/2022/CyberRiskGreenPaper.pdfTRANSCRIPT: https://actuaries.logicaldoc.cloud/download-ticket?ticketId=9e9ff004-86b0-44ad-b626-7d661f888319ABOUT THE ACTUARIES INSTITUTE:As the sole professional body for Members in Australia and overseas, the Actuaries Institute represents the interests of the profession to government, business and the community. Actuaries assess risks through long-term analyses, modelling and scenario planning across a wide range of business problems.This unrivalled expertise enables the profession to comment on a range of business-related issues including enterprise risk management and prudential regulation, retirement income policy, finance and investment, general insurance, life insurance and health financing.Find out more about actuarieshttps://www.actuaries.asn.auhttps://linktr.ee/ActuariesInstituteFollow the Institute of Actuaries on our social channels;LinkedIn: https://www.linkedin.com/company/792645/Facebook: https://www.facebook.com/pages/Actuaries-Institute/183337668450632Instagram: https://www.instagram.com/ActuariesInstTwitter: https://www.twitter.com/ActuariesInst

The Actuaries Institute recently launched its latest Green Paper, introducing the Australian Actuaries Home Insurance Affordability (AAHIA) Index.Affordable insurance is a key part of ensuring resilient communities.The paper, written by actuaries Sharanjit Paddam, Calise Liu and Saroop Philip, highlights that one million Australian homes (approximately 10%) spend more than four weeks of their gross annual income on home insurance, classified as vulnerable on the AAHIA Index. These vulnerable households are concentrated in the Northern Territory, Queensland and Northern NSW.Affordability pressure is projected to intensify with climate change, and the impact will be greater for these already vulnerable households. The paper presents results under both a low and high emissions scenario.Policy solutions to address home insurance affordability and the socioeconomic inequities of climate change are wide-ranging and include multiple stakeholders.Prior to the paper's launch, Sharanjit Paddam and Calise Liu joined the Actuaries Institute podcast to discuss the key points of the Green Paper.GREEN PAPER: https://actuaries.asn.au/public-policy-and-media/thought-leadership/thought-leadership/home-insurance-affordability-and-socioeconomic-equity-in-a-changing-climateTRANSCRIPT: https://actuaries.logicaldoc.cloud/download-ticket?ticketId=e5faa1a5-ffd7-4fad-82d3-e225cf688052ABOUT THE ACTUARIES INSTITUTE:As the sole professional body for Members in Australia and overseas, the Actuaries Institute represents the interests of the profession to government, business and the community. Actuaries assess risks through long-term analyses, modelling and scenario planning across a wide range of business problems.This unrivalled expertise enables the profession to comment on a range of business-related issues including enterprise risk management and prudential regulation, retirement income policy, finance and investment, general insurance, life insurance and health financing.Find out more about actuarieshttps://www.actuaries.asn.auhttps://linktr.ee/ActuariesInstituteFollow the Institute of Actuaries on our social channels;LinkedIn: https://www.linkedin.com/company/792645/Facebook: https://www.facebook.com/pages/Actuaries-Institute/183337668450632Instagram: https://www.instagram.com/ActuariesInstTwitter: https://www.twitter.com/ActuariesInst

Takaful insurance has witnessed a remarkable rise throughout Southeast Asia in recent times. On a global scale, the takaful insurance market is worth an estimated US$55 billion and is expected to grow by a further 14% between 2022 and 2028.But, what is takaful insurance? How is it different to traditional insurance products? Is it likely to emerge in the Australian insurance space?To discuss these questions and more, actuaries and takaful experts Peter Tan (Chief Operating Officer, RGA – Asia) and Aiza Benyamin (Partner, Actuarial Partners Consulting) join Yan Sun (Head of Solutions, Resolution Life) on the Actuaries Institute Podcast.TRANSCRIPT: https://80.211.53.10/download-ticket?ticketId=7c8b813c-8ced-46ba-86fb-cdf28bd28803ABOUT THE ACTUARIES INSTITUTE:As the sole professional body for Members in Australia and overseas, the Actuaries Institute represents the interests of the profession to government, business and the community. Actuaries assess risks through long-term analyses, modelling and scenario planning across a wide range of business problems.This unrivalled expertise enables the profession to comment on a range of business-related issues including enterprise risk management and prudential regulation, retirement income policy, finance and investment, general insurance, life insurance and health financing.Find out more about actuarieshttps://www.actuaries.asn.auhttps://linktr.ee/ActuariesInstituteFollow the Institute of Actuaries on our social channels;LinkedIn: https://www.linkedin.com/company/792645/Facebook: https://www.facebook.com/pages/Actuaries-Institute/183337668450632Instagram: https://www.instagram.com/ActuariesInstTwitter: https://www.twitter.com/ActuariesInst

The potential uses of artificial intelligence (AI) expand on a near-daily basis. And throughout his influential actuarial career to date, Chris Dolman has researched the vast possibilities of AI and how it can be used in an ethical manner. Chris joins Meg Yang on the Driven by Data podcast to discuss his background as an actuary, his extensive AI research, and the benefits and the pitfalls of AI.Tune in for the latest in the world of data analytics as experts from within and beyond the actuarial profession join Meg Yang for exclusive interviews.Chris Dolman:Chris Dolman is currently Director, Data and Algorithmic Ethics at IAG, helping to ensure that modern decision-making algorithms and other advanced uses of data are designed and implemented in an ethical, responsible and thoughtful way.Prior to this, Chris held a variety of senior management positions in the insurance industry and consulting, in Australia and the UK. Chris is a Fellow of the Actuaries Institute, a Gradient Institute Fellow and an active member of the Actuaries Institute's Data Analytics and General Insurance Practice Committees.TRANSCRIPT: https://actuaries.logicaldoc.cloud/download-ticket?ticketId=6e68aedd-9373-43e8-8d9b-914eb95ddda8ABOUT THE ACTUARIES INSTITUTE:As the sole professional body for Members in Australia and overseas, the Actuaries Institute represents the interests of the profession to government, business and the community. Actuaries assess risks through long-term analyses, modelling and scenario planning across a wide range of business problems.This unrivalled expertise enables the profession to comment on a range of business-related issues including enterprise risk management and prudential regulation, retirement income policy, finance and investment, general insurance, life insurance and health financing.Find out more about actuarieshttps://www.actuaries.asn.auhttps://linktr.ee/ActuariesInstituteFollow the Institute of Actuaries on our social channels;LinkedIn: https://www.linkedin.com/company/792645/Facebook: https://www.facebook.com/pages/Actuaries-Institute/183337668450632Instagram: https://www.instagram.com/ActuariesInstTwitter: https://www.twitter.com/ActuariesInst

With NAIDOC Week kicking off next week, it's a time to celebrate and recognise the history, culture, and achievements of Aboriginal and Torres Strait Islander peoples. It's also a time to reflect on these significant cultures and how their stories can be used to empower us in our professional and personal lives. To help us improve our understanding, Clare Hughes from the Institute's Public Policy and Professionalism team sat down with two great guests to talk about the Institute's Indigenous Engagement Plan and their connections with indigenous Australian culture. Guests include Christa Marjoribanks, EGM Product Pricing and Governance at IAG andKate Lyons, Group Head of Sustainability at QBE Insurance. In this episode, the three talk about their journeys in the Northern Territory on the Larapinta Trail, learning and understanding indigenous Australian culture, and much more.NOTE: In this podcast, Kate Lyons and Christa Marjoribanks make reference to a book titled 'Red Emu'. The correct title of this book is 'Dark Emu'.TRANSCRIPT: https://actuaries.logicaldoc.cloud/download-ticket?ticketId=4b374206-53fc-4e31-bc39-f73d7a4449beABOUT THE ACTUARIES INSTITUTE:As the sole professional body for Members in Australia and overseas, the Actuaries Institute represents the interests of the profession to government, business and the community. Actuaries assess risks through long-term analyses, modelling and scenario planning across a wide range of business problems.This unrivalled expertise enables the profession to comment on a range of business-related issues including enterprise risk management and prudential regulation, retirement income policy, finance and investment, general insurance, life insurance and health financing.Find out more about actuarieshttps://www.actuaries.asn.auhttps://linktr.ee/ActuariesInstituteFollow the Institute of Actuaries on our social channels;LinkedIn: https://www.linkedin.com/company/792645/Facebook: https://www.facebook.com/pages/Actuaries-Institute/183337668450632Instagram: https://www.instagram.com/ActuariesInstTwitter: https://www.twitter.com/ActuariesInst

The superannuation industry is currently facing major legislative changes alongside other financial service industries. From ‘Your Future, Your Super' reforms to the recent retirement income covenant, actuaries working in super are now having to manage legislative changes at the same time focus on improving customer and member outcomes.In our latest episode, we sat down with three prominent actuaries working in superannuation to get further insights and gain a better understanding of the challenges those in the industry are currently facing.Speakers:Naomi Edwards is an actuary and a professional company director. Following an executive career with Trowbridge Consulting and then Deloitte, Naomi became involved with the wider actuarial fields, including acting as adviser to the Australian Greens on various projects and advising a wide group of environmental organisations.Naomi then embarked on a career as a company director, chairing the listed Australian Ethical Investments and sitting on the boards of funds managers, ASX listed companies and superannuation funds. She is currently Independent Chair of Spirit Super where she has led the fund through three mergers in the last four years. She joined the Council of the Actuaries' Institute in January 2020.Andrew Boal is an experienced financial services professional who specialises in providing actuarial and strategic consulting advice to leading companies and superannuation funds. During his career, Andrew has driven research and public policy in various areas of interest, including retirement adequacy, retirement income products and solutions, member disclosure and advice, member engagement and digital solutions, governance and risk management. Andrew is also regular speaker at industry events such as the annual ASFA conference and the Conexus Post-Retirement Conference. Christine Li is a Superannuation Product Analyst at Spaceship. She is also currently Secretary to the Institute's Superannuation and Investments Practice Committee and hosts the That's Super podcast series. Christine is involved in helping the younger generation be more engaged in their superannuation and improving their financial literacy.ABOUT THE ACTUARIES INSTITUTE:As the sole professional body for Members in Australia and overseas, the Actuaries Institute represents the interests of the profession to government, business and the community. Actuaries assess risks through long-term analyses, modelling and scenario planning across a wide range of business problems.This unrivalled expertise enables the profession to comment on a range of business-related issues including enterprise risk management and prudential regulation, retirement income policy, finance and investment, general insurance, life insurance and health financing.Find out more about actuarieshttps://www.actuaries.asn.auhttps://linktr.ee/ActuariesInstituteFollow the Institute of Actuaries on our social channels;LinkedIn: https://www.linkedin.com/company/792645/Facebook: https://www.facebook.com/pages/Actuaries-Institute/183337668450632Instagram: https://www.instagram.com/ActuariesInstTwitter: https://www.twitter.com/ActuariesInst

Housing affordability and the growing inequality around buying a home was one of the big issues expert speakers tackled at this year's All-Actuaries summit.Speakers dived into the nuances and specifics of some of the biggest challenges we face as an industry and as a society.In this episode of the Actuaries Institute Podcast, we gathered some of the key Summit speakers who touched on this topic. This episode covers the current housing situation, affordability among the younger generation, flow-on effects such as lower fertility rates and homelessness, shifts in sentiment across industries, possible solutions to relieve affordability stress, and much more.Speakers:Anthony Asher is currently a member of the Actuaries Institute Board and the Retirement Strategy Group, and the Convenor of the Retirement Incomes Working Group.Richard Lyon is a recently retired actuary with more than 40 years' actuarial practice under his belt – mostly in life insurance. He's the co-editor and co-author of the textbook that teaches students about the actuarial approach to problems. Richard has served on the Institute's Council and on many of its committees, task forces, and working groups.Hugh Miller is a principal at Taylor Fry, where he has worked for 15 years. Over the past five years, he has been working almost exclusively in government analytics, modelling in sectors such as welfare, housing, homelessness, disability and suicide prevention. He holds a PhD in statistics, has a keen interest in actuarial research, is part of the Institute's Public Policy Council Committee, and is also the Data Analytics Editor of Actuaries Digital. TRANSCRIPT: https://actuaries.logicaldoc.cloud/download-ticket?ticketId=d63d7f38-6b35-45db-a865-fca79a6b3885 ABOUT THE ACTUARIES INSTITUTE:As the sole professional body for Members in Australia and overseas, the Actuaries Institute represents the interests of the profession to government, business and the community. Actuaries assess risks through long-term analyses, modelling and scenario planning across a wide range of business problems.This unrivalled expertise enables the profession to comment on a range of business-related issues including enterprise risk management and prudential regulation, retirement income policy, finance and investment, general insurance, life insurance and health financing.Find out more about actuarieshttps://www.actuaries.asn.auhttps://linktr.ee/ActuariesInstituteFollow the Institute of Actuaries on our social channels;LinkedIn: https://www.linkedin.com/company/792645/Facebook: https://www.facebook.com/pages/Actuaries-Institute/183337668450632Instagram: https://www.instagram.com/ActuariesInstTwitter: https://www.twitter.com/ActuariesInst

It takes bravery, poise and commitment to make the jump from the relative comforts of full-time employment to establishing a startup – especially in the rapidly evolving data analytics space. For tech entrepreneur, data scientist and actuary Sam Zheng, he has taken these challenges in his stride.Sam joins Meg Yang on the Driven by Data Podcast to delve into his experience from setting up not one, but two artificial intelligence startups, how his actuarial skillset has helped him adapt to the innovative entrepreneurial world, and his essential tips for getting into the space.Tune in for the latest in the world of data analytics as experts from within and beyond the actuarial profession join Meg Yang for exclusive interviews.Key takeaways from the podcast:01:45 - From Quantium to the unknown: Sam's startup plunge03:25 - A day in the life of Sam Zheng10:30 - The value-add of actuarial training16:45 - Sam's bold business ambitions19:40 - Sam's tips for establishing a startupTRANSCRIPT: https://actuaries.logicaldoc.cloud/download-ticket?ticketId=f1cf3ac2-60ae-4784-81d6-a6e09832ac77ABOUT THE ACTUARIES INSTITUTE:As the sole professional body for Members in Australia and overseas, the Actuaries Institute represents the interests of the profession to government, business and the community. Actuaries assess risks through long-term analyses, modelling and scenario planning across a wide range of business problems.This unrivalled expertise enables the profession to comment on a range of business-related issues including enterprise risk management and prudential regulation, retirement income policy, finance and investment, general insurance, life insurance and health financing.Find out more about actuarieshttps://www.actuaries.asn.auhttps://linktr.ee/ActuariesInstituteFollow the Institute of Actuaries on our social channels;LinkedIn: https://www.linkedin.com/company/792645/Facebook: https://www.facebook.com/pages/Actuaries-Institute/183337668450632Instagram: https://www.instagram.com/ActuariesInstTwitter: https://www.twitter.com/ActuariesInst

There is certainly no set pathway when it comes to forging a career as an actuary, just ask Meray El-Khoury. Meray (Chief Insurance Officer, MetLife Australia) has worked across countless industries. This includes both traditional and non-traditional, but credits her time working in superannuation, notably in a five-year stint at Sunsuper, as the most influential period of her impressive career. Meray joined Christine Li (Secretary of the Actuaries Institute's Superannuation and Investments Practice Committee) on the ‘That's Super' Podcast to discuss her unique career journey, the importance of building your personal brand, and being brave enough to take a plunge. Tune in and learn more about all areas of the superannuation industry, as experts join Christine Li for exclusive interviews.Key takeaways from the podcast01:50 - Meray's pathway to MetLife Australia08:56 - What does the future hold of actuaries in superannuation?14:16 - Leveraging the actuarial skillset in traditional and non-traditional fields18:07 - Meray's advice to young actuaries considering a career in superannuationTRANSCRIPT: https://actuaries.logicaldoc.cloud/download-ticket?ticketId=1747091e-0d73-4759-9140-73abade968b2ABOUT THE ACTUARIES INSTITUTE:As the sole professional body for Members in Australia and overseas, the Actuaries Institute represents the interests of the profession to government, business and the community. Actuaries assess risks through long-term analyses, modelling and scenario planning across a wide range of business problems.This unrivalled expertise enables the profession to comment on a range of business-related issues including enterprise risk management and prudential regulation, retirement income policy, finance and investment, general insurance, life insurance and health financing.Find out more about actuarieshttps://www.actuaries.asn.auhttps://linktr.ee/ActuariesInstituteFollow the Institute of Actuaries on our social channels;LinkedIn: https://www.linkedin.com/company/792645/Facebook: https://www.facebook.com/pages/Actuaries-Institute/183337668450632Instagram: https://www.instagram.com/ActuariesInstTwitter: https://www.twitter.com/ActuariesInst

Brandon Raiter (Actuarial Consultant at Deloitte) joins the ‘Diversity and Inclusion' Podcast to talk all things relating to dyslexia, his diagnosis, myths and resources.Hosted by Harrison Gee (Actuarial Analyst at The Heron Partnership), Brandon discusses his own diagnosis with dyslexia, how this has affected his life from schooling to career and more.Harrison and Brandon also squash some myths around the learning and reading disorder and discuss how key decision-makers in the workplace can facilitate support systems and resources for those with dyslexiaTRANSCRIPT: https://actuaries.logicaldoc.cloud/download-ticket?ticketId=982b663f-cf62-470e-93a1-556ea07431b3Contact Brandon Raiter via Linkedin•https://au.linkedin.com/in/brandon-raiter-532845124Find out more about Dyslexia:•SPELD: https://www.auspeld.org.au/•Dear Dyslexic Foundation: https://www.deardyslexic.com/•Australian Dyslexia Association: https://dyslexiaassociation.org.au/•Learning Difficulties Australia: https://www.ldaustralia.org/ABOUT THE ACTUARIES INSTITUTE:As the sole professional body for Members in Australia and overseas, the Actuaries Institute represents the interests of the profession to government, business and the community. Actuaries assess risks through long-term analyses, modelling and scenario planning across a wide range of business problems.This unrivalled expertise enables the profession to comment on a range of business-related issues including enterprise risk management and prudential regulation, retirement income policy, finance and investment, general insurance, life insurance and health financing.Find out more about actuarieshttps://www.actuaries.asn.auhttps://linktr.ee/ActuariesInstituteFollow the Institute of Actuaries on our social channels;LinkedIn: https://www.linkedin.com/company/792645/Facebook: https://www.facebook.com/pages/Actuaries-Institute/183337668450632Instagram: https://www.instagram.com/ActuariesInstTwitter: https://www.twitter.com/ActuariesInst

In this mini-podcast episode, actuaries Jeffrey Chan and Naomi Edwards discuss how you can submit and present your radical idea at the upcoming 2022 All-Actuaries Summit.Discussion includes;•What are ‘radical actuaries' how did the plenary committee came up with the idea?•Why are young actuaries in particular interested in saving the world?•How could a member submit an entry if they're interested?•What are the logistics and requirements for the presentation?Entries close Tuesday 12 April 2022. You will be notified if your pitch is successful.If you have a vision, a burst of inspiration, or just an ‘out there' idea, we want to hear from you! To enter is easy:1.Submit an outline for your proposed pitch to events@actuaries.asn.au by Friday 25 March 2022 for review.2.Find out whether your pitch has been accepted by Friday 1 April 2022.3.Submit your draft pitch for feedback 22 April 2022.4.Organise and present your pitch as an individual or a group.Each individual or group will be supported by a coordinator and a mentor who specialises in their problem area and can provide support and advice. Areas can include:•Data Analytics•Environmental, Social and Governance (ESG)•Space Insurance•Government Policy•Superannuation.The two winners will be announced in an email to all members and an article in Actuaries Digital.Time is ticking! Get your entries in today!Download transcript: https://actuaries.logicaldoc.cloud/download-ticket?ticketId=df3e88e9-931b-4bde-b123-48c86e684a89

In the second episode of the 'That's Super' Series, Christine Li (Secretary of the Institute's Superannuation and Investments Practice Committee), interviews guest Ravi Nanayakkara,Manager of Product and Innovation at Spirit Super on all things relating to product and innovation in the superannuation sector including- Ravi's career history and journey- Overview of Ravi's current role in Superannuation- Main challenges and problems that Ravi is looking to target in the Superannuation space- Ravi's findings so far- The proposed retirement income covenant will require all Super funds to have a documented strategy, to identify the retirement income needs of fund members, and to also develop a plan to service those needs with a deadline being July 2022.TRANSCRIPT: https://actuaries.logicaldoc.cloud/download-ticket?ticketId=cb500264-0dee-4a7f-a1fe-91288188af3bABOUT THE ACTUARIES INSTITUTE:As the sole professional body for Members in Australia and overseas, the Actuaries Institute represents the interests of the profession to government, business and the community. Actuaries assess risks through long-term analyses, modelling and scenario planning across a wide range of business problems.This unrivalled expertise enables the profession to comment on a range of business-related issues including enterprise risk management and prudential regulation, retirement income policy, finance and investment, general insurance, life insurance and health financing.Find out more about actuarieshttps://www.actuaries.asn.auhttps://linktr.ee/ActuariesInstituteFollow the Institute of Actuaries on our social channels;LinkedIn: https://www.linkedin.com/company/792645/Facebook: https://www.facebook.com/pages/Actuaries-Institute/183337668450632Instagram: https://www.instagram.com/ActuariesInstTwitter: https://www.twitter.com/ActuariesInst

TRANSCRIPT: https://actuaries.logicaldoc.cloud/download-ticket?ticketId=aaa88d19-6dc2-4cfc-bf4c-dfb12b65eefcSzeWon Tan (Member of the Climate Risk Working Group for the Actuarial Society of Malaysia) joins Evelyn Yong (Member of the Climate Risk Working Group for the Actuaries Institute to discuss all things Climate Risk. SzeWon is joined by Kin Hoe Lee, who together took out the winning entry for the ASEAN Green Hackathon with their sustainable farming project that aims to deliver uninterrupted food supply to restaurants.This was a result from their research into crop damage and how to mitigate these risks using actuarial techniques.Linkedin Group – Actuaries Going Greenhttps://www.linkedin.com/groups/14006238/Find out more about actuariesActuaries Institute: https://www.actuaries.asn.auClimate Risk Resource Centre: https://bit.ly/ClimateRiskCentreActuaries Digital: https://actuaries.digitalLinktree: https://linktr.ee/ActuariesInstituteFollow the Institute of Actuaries on our social channels;LinkedIn: https://www.linkedin.com/company/792645/Facebook: https://www.facebook.com/pages/Actuaries-Institute/183337668450632Instagram: https://www.instagram.com/ActuariesInstTwitter: https://www.twitter.com/ActuariesInst

TRANSCRIPT: https://actuaries.logicaldoc.cloud/download-ticket?ticketId=39e01436-093e-46fc-9228-ad3059b8c329The Actuaries Institute has launched its latest Public Policy Statement, titled 'Mastering Mathematics for Australia's Future'.The Statement, developed by Martin Mulcare with a team of actuaries, outlines that Australian students' aspirations and their awareness of the value of science, technology, engineering and mathematics (STEM) skills and the breadth of STEM careers is declining because they don't understand how maths is relevant to everyday life.The Statement provides public policy recommendations that will lead to more students studying maths, and at higher levels. It acknowledges education policy is complex but says Australians are falling behind on national and international learning benchmarks.Ahead of the Statement's release, Martin spoke on the Actuaries Institute Podcast with Margarita Psaras, David Barnes (both members of the Institute's Revitalising School Maths Working Group) and Clare Hughes (Public Policy and Practice Excellence Advisor at the Institute) to discuss the key points in the statement.Find out more about actuarieshttps://www.actuaries.asn.auhttps://linktr.ee/ActuariesInstituteFollow the Institute of Actuaries on our social channels;LinkedIn: https://www.linkedin.com/company/792645/Facebook: https://www.facebook.com/pages/Actuaries-Institute/183337668450632Instagram: https://www.instagram.com/ActuariesInstTwitter: https://www.twitter.com/ActuariesInst

TRANSCRIPT: https://actuaries.logicaldoc.cloud/download-ticket?ticketId=cf2040a6-c3d0-433f-9bf0-fd61b0c0a263To improve at anything in life, whether it's recreational, personal or professional, you need to practice. And in this episode of the Driven by Data Podcast, find out how you can enhance your coding and data analytics skillset through taking part in structured, risk-free data-driven competitions.Marcello Negro, Principal at Finity Consulting and Ean Chan, Actuarial Manager at EY join the Driven by Data Podcast to unpack the benefits, challenges and key learnings from their experience is taking part in data-driven competitions.Marcello and Ean chat about their first experience in a data competition, how they apply the skills in their current roles, the key benefits and new skillsets they have gained by participating and how they see the data landscape evolving in the future.PLUS, Marcello and Ean offer advice for those new to data competitions, how you can get involved and top tips on how to overcome challenges you make face during these competitions.Tune in for the latest in the world of data analytics as experts from within and beyond the actuarial profession join Kriti Khullar for exclusive interviews.Find out more about actuarieshttps://www.actuaries.asn.auhttps://linktr.ee/ActuariesInstituteFollow the Institute of Actuaries on our social channels;LinkedIn: https://www.linkedin.com/company/792645/Facebook: https://www.facebook.com/pages/Actuaries-Institute/183337668450632Instagram: https://www.instagram.com/ActuariesInstTwitter: https://www.twitter.com/ActuariesInst

TRANSCRIPT: https://actuaries.logicaldoc.cloud/download-ticket?ticketId=077c57db-ea25-44d0-aa1a-9a4cda88b5f7The Actuaries Institute has launched its latest Green Paper, titled Aged Care Funding: Assessing the Options and Implications. The Green Paper, commissioned by the Institute and written by actuaries Gillian Harrex, Andrew Matthews, Hadyn Bernau and Kylie Hogan, calls for a considered conversation about funding of the Aged Care system.Ahead of the Green Paper's release, Gillian Harrex and Andrew Matthews joined the Actuaries Institute Podcast to discuss the key points outlined in the paper. Gillian and Andrew were interviewed virtually by Vanessa Beenders, who is the Executive General Manager, Public Policy & Professionalism at the Actuaries Institute.Find out more about actuarieshttps://www.actuaries.asn.auhttps://linktr.ee/ActuariesInstituteFollow the Institute of Actuaries on our social channels;LinkedIn: https://www.linkedin.com/company/792645/Facebook: https://www.facebook.com/pages/Actuaries-Institute/183337668450632Instagram: https://www.instagram.com/ActuariesInstTwitter: https://www.twitter.com/ActuariesInst

TRANSCRIPT: https://actuaries.logicaldoc.cloud/download-ticket?ticketId=669d4d21-397a-466b-b9d7-284e3edd1dbdIncreasingly, business strategy is data driven. Do we as actuaries have sufficient training? Are we equipped to be business leaders and what skills do we need to become more effective?Actuary and Managing Director of Insurance at Westpac, Rob Daly joins the Driven by Data Podcast to predict how actuaries can lead the change to a data driven strategy.In this episode, Rob details the need for actuaries to be well informed on machine learning techniques. Talks about his role in establishing the Data Analytics course at Macquarie University and his experience working with the Institute's Data Analytics Practice Committee to help educate post-qualified actuaries about data analytics.Tune in for the latest in the world of data analytics as experts from within and beyond the actuarial profession join Meg Yang for exclusive interviews.ABOUT THE ACTUARIES INSTITUTE:As the sole professional body for Members in Australia and overseas, the Actuaries Institute represents the interests of the profession to government, business and the community. Actuaries assess risks through long-term analyses, modelling and scenario planning across a wide range of business problems.This unrivalled expertise enables the profession to comment on a range of business-related issues including enterprise risk management and prudential regulation, retirement income policy, finance and investment, general insurance, life insurance and health financing.Access the Actuaries' Analytics Cookbookhttps://github.com/ActuariesInstitute/cookbookFind out more about actuarieshttps://www.actuaries.asn.auhttps://linktr.ee/ActuariesInstituteFollow the Institute of Actuaries on our social channels;LinkedIn: https://www.linkedin.com/company/792645/Facebook: https://www.facebook.com/pages/Actuaries-Institute/183337668450632Instagram: https://www.instagram.com/ActuariesInstTwitter: https://www.twitter.com/ActuariesInst

TRANSCRIPT: https://actuaries.logicaldoc.cloud/download-ticket?ticketId=96116596-5e4a-48d3-8401-aec6e47b0f64In this podcast, Geoff Atkins and colleague Raj Kanhai discuss the Virtual IDSS concurrent session titled ‘The Magic Pudding and the Claim Farmer, a Never-ending Story'. Raj and Geoff are both co-presenting and discuss their experiences with the injury and disability scheme sectors in this regard. With a career that spans 35-plus years, Geoff Atkins has had the opportunity to observe the good, bad and ugly of compensation schemes in Australia and overseas. This has included giving advice on matters such as insurance fraud and scheme design, designing schemes to try to tackle issues like claim farming.Register for the 2021 Virtual IDSShttps://actuaries.asn.au/idss2021/registrationABOUT THE ACTUARIES INSTITUTE:As the sole professional body for Members in Australia and overseas, the Actuaries Institute represents the interests of the profession to government, business and the community. Actuaries assess risks through long-term analyses, modelling and scenario planning across a wide range of business problems.This unrivalled expertise enables the profession to comment on a range of business-related issues including enterprise risk management and prudential regulation, retirement income policy, finance and investment, general insurance, life insurance and health financing.Find out more about actuarieshttps://www.actuaries.asn.auhttps://linktr.ee/ActuariesInstituteFollow the Institute of Actuaries on our social channels;LinkedIn: https://www.linkedin.com/company/792645/Facebook: https://www.facebook.com/pages/Actuaries-Institute/183337668450632Instagram: https://www.instagram.com/ActuariesInstTwitter: https://www.twitter.com/ActuariesInst

Actuary and UniSuper Strategy Lead Vivian Dang joins the new ‘SIPC Super Series' Podcast.What are superannuation fund outcomes? What are the key influences behind fund performance? And what role do actuaries play in optimising returns to the fund's members? UniSuper Strategy Lead Vivian Dang joins the SIPC Super Series Podcast, the first in a new series by the Actuaries Institute's Superannuation and Investments Practice Committee, which will shine a light on all things superannuation.In this episode, Vivian details the importance of superannuation fund outcomes for members, the benefit of comparison tools from the ATO and tighter industry regulation, and his role in enhancing member returns for UniSuper. Tune in and learn more about all areas of the superannuation industry, as experts join Christine Li (SIPC Secretary) for exclusive interviews.01:07 - A background of Vivian's role at UniSuper and his actuarial journey into the superannuation industry03:37 - What is member outcomes?08:35 - The benchmarks for measuring member outcomes10:56 - Vivian's work in enhancing member outcomes12:58 - How superannuation funds promote the best financial interest for their members19:16 - Will there be future superannuation reforms and what will those address?TRANSCRIPT: https://actuaries.logicaldoc.cloud/download-ticket?ticketId=52acb47d-53cb-4124-82b3-45dd9495a68aABOUT THE ACTUARIES INSTITUTE:As the sole professional body for Members in Australia and overseas, the Actuaries Institute represents the interests of the profession to government, business and the community. Actuaries assess risks through long-term analyses, modelling and scenario planning across a wide range of business problems.This unrivalled expertise enables the profession to comment on a range of business-related issues including enterprise risk management and prudential regulation, retirement income policy, finance and investment, general insurance, life insurance and health financing.Find out more about actuarieshttps://www.actuaries.asn.auhttps://linktr.ee/ActuariesInstituteFollow the Institute of Actuaries on our social channels;LinkedIn: https://www.linkedin.com/company/792645/Facebook: https://www.facebook.com/pages/Actuaries-Institute/183337668450632Instagram: https://www.instagram.com/ActuariesInstTwitter: https://www.twitter.com/ActuariesInst

TRANSCRIPT: https://actuaries.logicaldoc.cloud/download-ticket?ticketId=8eb425fb-b724-42d0-b444-9538b11c3059DESCRIPTION: An Interview with Dr. Dinesh Palipana, 2021 Queensland Australian of the Year, and the Keynote Speaker for the Virtual IDSS. Dinesh was the first quadriplegic medical intern in Queensland, and the second person to graduate from medical school with quadriplegia in Australia. Dinesh earned a Bachelor of Laws prior to completing his Doctorate of Medicine at Griffith University. He has also completed an Advanced Clerkship in Radiology at Harvard University. Halfway through medical school, Dinesh was involved in a catastrophic motor vehicle accident that caused a cervical spinal cord injury. Dinesh has been an advocate for disability and a founding member of Doctors with Disabilities Australia. In this podcast, Dinesh and Vivian (IDSS Convenor) are going to discuss what you can expect at the 2021 Virtual IDSS, and discuss their experiences with the injury and disability scheme sectors.Register for the 2021 Virtual IDSShttps://actuaries.asn.au/idss2021/registrationABOUT THE ACTUARIES INSTITUTE:As the sole professional body for Members in Australia and overseas, the Actuaries Institute represents the interests of the profession to government, business and the community. Actuaries assess risks through long-term analyses, modelling and scenario planning across a wide range of business problems.This unrivalled expertise enables the profession to comment on a range of business-related issues including enterprise risk management and prudential regulation, retirement income policy, finance and investment, general insurance, life insurance and health financing.Find out more about actuarieshttps://www.actuaries.asn.auhttps://linktr.ee/ActuariesInstituteFollow the Institute of Actuaries on our social channels;LinkedIn: https://www.linkedin.com/company/792645/Facebook: https://www.facebook.com/pages/Actuaries-Institute/183337668450632Instagram: https://www.instagram.com/ActuariesInstTwitter: https://www.twitter.com/ActuariesInst

TRANSCRIPT: https://actuaries.logicaldoc.cloud/download-ticket?ticketId=fef8187c-67cb-4db7-bf27-93c7e8967964DESCRIPTION: The Actuaries Institute has published its Public Policy Statement, 'Securing Adequate Retirement Incomes for an Ageing Australia'.This landmark statement sets out 13 policy positions on key reforms that aim to improve the Australian retirement system. The intent is to create a system that is clear in its objective, simpler, more efficient, delivers adequacy and improves equity across and within generations.In this podcast, Andrew Boal, Convenor of the Institute's Retirement Strategy Group, Tim Jenkins, Convenor of the Superannuation and Investments Practice Committee, and Shang Wu, a member of the Retirement Incomes Working Group, joined Vanessa Beenders on the Actuaries Institute Podcast to discuss the key points of the Statement.The time has come to be ambitious… to think ‘big' and make a lasting difference. And it's time for all Australians to live with dignity in retirement. Policy Document: https://actuaries.logicaldoc.cloud/download-ticket?ticketId=5a376f76-a94a-4581-8362-d058d85d2bb7Supporting Document: https://actuaries.logicaldoc.cloud/download-ticket?ticketId=d01552d0-adad-4eee-8fc5-6f404c5df67dMedia Release: https://actuaries.asn.au/Library/MediaRelease/2021/MediaReleaseRetirementIncomeOverhaul21Aug21Final.pdfABOUT THE ACTUARIES INSTITUTE:As the sole professional body for Members in Australia and overseas, the Actuaries Institute represents the interests of the profession to government, business and the community. Actuaries assess risks through long-term analyses, modelling and scenario planning across a wide range of business problems.This unrivalled expertise enables the profession to comment on a range of business-related issues including enterprise risk management and prudential regulation, retirement income policy, finance and investment, general insurance, life insurance and health financing.Find out more about actuarieshttps://www.actuaries.asn.auhttps://linktr.ee/ActuariesInstituteFollow the Institute of Actuaries on our social channels;LinkedIn: https://www.linkedin.com/company/792645/Facebook: https://www.facebook.com/pages/Actuaries-Institute/183337668450632Instagram: https://www.instagram.com/ActuariesInstTwitter: https://www.twitter.com/ActuariesInst

What is machine learning? Which industries are likely to benefit from it in the future? How can actuaries influence the way machine learning is applied?Equipped with a combined 28+ years' experience working closely with machine learning models, influential data analytics actuaries Jacky Poon (Head of Finance at nib Travel) and Michael Storozhev (Head of Underwriting, Asia and Startup Ventures at Cover-More) join the Driven by Data Podcast to predict where and how machine learning will be applied in the future. Here's a hint… it could end up operating your fridge!Jacky and Michael chat about their first taste of machine learning, how they apply it in their current roles, the four machine learning techniques actuaries must have in their toolkit, and the one machine learning technique Jacky and Michael swear by.PLUS, Jacky and Michael offer advice for how those new to machine learning can get up to speed.0:31 – How Jacky and Michael define and apply machine learning in their current roles4:40 – The four machine learning techniques actuaries must have in their toolkit7:04 – Recommended machine learning techniques, and why11:33 – The challenges with applying machine learning in their direct fields of health and travel insurance…12:53 – …And how do Jacky and Michael tackle those challenges14:23 – Tips for which industry will benefit from machine learning in the future17:33 – Advice for those new to machine learning techniquesTRANSCRIPT: https://actuaries.logicaldoc.cloud/download-ticket?ticketId=d3833ee4-d379-4ad2-860e-c34a9bf925b6ABOUT THE ACTUARIES INSTITUTE:As the sole professional body for Members in Australia and overseas, the Actuaries Institute represents the interests of the profession to government, business and the community. Actuaries assess risks through long-term analyses, modelling and scenario planning across a wide range of business problems.This unrivalled expertise enables the profession to comment on a range of business-related issues including enterprise risk management and prudential regulation, retirement income policy, finance and investment, general insurance, life insurance and health financing.Find out more about actuarieshttps://www.actuaries.asn.auhttps://linktr.ee/ActuariesInstituteFollow the Institute of Actuaries on our social channels;LinkedIn: https://www.linkedin.com/company/792645/Facebook: https://www.facebook.com/pages/Actuaries-Institute/183337668450632Instagram: https://www.instagram.com/ActuariesInstTwitter: https://www.twitter.com/ActuariesInst

TRANSCRIPT: https://actuaries.logicaldoc.cloud/download-ticket?ticketId=86ffea51-74ed-4e54-b3b2-e90f60e5cd60DESCRIPTION:Join Amanda Aitken and Meg Yang as they provide advice on starting out in data analytics.Amanda is a qualified Fellow with a wealth of actuarial experience, who joined the Institute’s staff to establish the data analytics education program. Amanda is also a member of our Data Analytics Practice Committee (DAPC). Meg is a Fellow of the Institute and part of our Young Data Analytics Working Group (YDAWG).Key takeaways from the podcast are:2:00 – How Amanda’s actuarial consultancy background and love of teaching inspired her to join the Actuaries Institute’s Education Team3:15 – The initiatives the Education Team are implementing to enhance its curriculum4:24 – The subjects available to Actuaries Institute Members to grow their data analytics capability10:42 – The ‘unstructured’ learning paths available within the Institute and Actuaries Digital15:22 – How those with a background in data analytics can contribute to the Institute’s initiatives17:02 – Amanda’s advice to beginners starting out on their data analytics journeyABOUT THE ACTUARIES INSTITUTE:As the sole professional body for Members in Australia and overseas, the Actuaries Institute represents the interests of the profession to government, business and the community. Actuaries assess risks through long-term analyses, modelling and scenario planning across a wide range of business problems.This unrivalled expertise enables the profession to comment on a range of business-related issues including enterprise risk management and prudential regulation, retirement income policy, finance and investment, general insurance, life insurance and health financing.Find out more about actuarieshttps://www.actuaries.asn.auhttps://linktr.ee/ActuariesInstituteFollow the Institute of Actuaries on our social channels;LinkedIn: https://www.linkedin.com/company/792645/Facebook: https://www.facebook.com/pages/Actuaries-Institute/183337668450632Instagram: https://www.instagram.com/ActuariesInstTwitter: https://www.twitter.com/ActuariesInst

TRANSCRIPT: https://actuaries.logicaldoc.cloud/download-ticket?ticketId=e6fc8695-3f35-41c2-8de3-d67367cccf82DESCRIPTION:Ian Laughlin joins Barry Rafe to discuss their paper that will be presented at the upcoming 2021 All-Actuaries Virtual Summit in the Leadership and Professionalism Plenary titled “Was the misconduct identified in the Banking Royal Commission enabled by directors who didn't understand the complexity of the businesses they directed?On 8 May 2018 the Financial Review reported that a number of directors of AMP were stepping down because they no longer had the support of the institutional shareholders. The resignations were directly attributable to the fallout from the banking Royal Commission which revealed that the behaviour of financial services organisation often did not meet community standards and expectations. In some cases, such as the AMP there appeared to be conduct that broke the law.The board is responsible for the actions and success of the corporation and hence the composition of the board would appear to be relevant to the corporation’s success. Ideally, directors are selected for board positions based on their technical and behavioural competencies. Boards often develop a skills matrix that sets out the broad set of competencies needed for the corporation to meet its aims. The expectation is that directors are appointed to fill or bolster various competencies required. In addition, the Corporations Act requires that all directors be financial literate i.e. they need to understand the financial drivers of the organisations they direct.The questions to be asked in this plenary session are:•Was the misconduct revealed by the banking Royal Commission caused by directors who did not understand the businesses they directed?•Who should be on the boards of complex financial services businesses•How do complex financial services businesses manage the need for diversity of skills on the board with the need for directors to understand the complexity of the businesses they direct.ABOUT THE ACTUARIES INSTITUTE:As the sole professional body for Members in Australia and overseas, the Actuaries Institute represents the interests of the profession to government, business and the community. Actuaries assess risks through long-term analyses, modelling and scenario planning across a wide range of business problems.This unrivalled expertise enables the profession to comment on a range of business-related issues including enterprise risk management and prudential regulation, retirement income policy, finance and investment, general insurance, life insurance and health financing.Find out more about actuarieshttps://www.actuaries.asn.auhttps://linktr.ee/ActuariesInstituteFollow the Institute of Actuaries on our social channels;LinkedIn: https://www.linkedin.com/company/792645/Facebook: https://www.facebook.com/pages/Actuaries-Institute/183337668450632Instagram: https://www.instagram.com/ActuariesInstTwitter: https://www.twitter.com/ActuariesInst

TRANSCRIPT: https://actuaries.logicaldoc.cloud/download-ticket?ticketId=a652ef62-79f6-4085-ad5a-2caa98327bf2DESCRIPTION:A conversation on ‘how to volunteer’ amongst the Actuaries Institute’s Asia Subcommittee led to the creation of an inaugural University Student Survey (Survey). Jasmine Wang and Rose Lin join Andy Yang on the Institute’s Podcast to discuss what inspired them, and the key growth opportunities attained from delivering the Survey. ABOUT THE ACTUARIES INSTITUTE:As the sole professional body for Members in Australia and overseas, the Actuaries Institute represents the interests of the profession to government, business and the community. Actuaries assess risks through long-term analyses, modelling and scenario planning across a wide range of business problems.This unrivalled expertise enables the profession to comment on a range of business-related issues including enterprise risk management and prudential regulation, retirement income policy, finance and investment, general insurance, life insurance and health financing.Find out more about actuarieshttps://www.actuaries.asn.auhttps://linktr.ee/ActuariesInstituteFollow the Institute of Actuaries on our social channels;LinkedIn: https://www.linkedin.com/company/792645/Facebook: https://www.facebook.com/pages/Actuaries-Institute/183337668450632Instagram: https://www.instagram.com/ActuariesInstTwitter: https://www.twitter.com/ActuariesInst

TRANSCRIPT: https://actuaries.logicaldoc.cloud/download-ticket?ticketId=e3add7f9-ab1d-47b4-a54a-65be6283840bDESCRIPTION:Tatiana Potemina (Natural Perils Senior Pricing Advisor at @Suncorp Group) joins Tim Andrews (Chief Operating Officer of Analytics at Chubb) and Simone Collins (Senior Actuary at Picnic Labs + Picnic Syndicate, and Curator of the General Insurance practice area for the 2021 All-Actuaries Virtual Summit) to discuss the plenary topic ‘Recent Developments in Understanding Natural Climate Variability’.Simone, Tatiana and Tim also discuss which General Insurance and broader fields concurrent sessions they are looking forward to attending.Register for the 2021 All-Actuaries Virtual Summit - https://www.actuaries.asn.au/microsites/all-actuaries-virtual-summit-2021/registrationABOUT THE ACTUARIES INSTITUTE:As the sole professional body for Members in Australia and overseas, the Actuaries Institute represents the interests of the profession to government, business and the community. Actuaries assess risks through long-term analyses, modelling and scenario planning across a wide range of business problems.This unrivalled expertise enables the profession to comment on a range of business-related issues including enterprise risk management and prudential regulation, retirement income policy, finance and investment, general insurance, life insurance and health financing.Find out more about actuarieshttps://www.actuaries.asn.auhttps://linktr.ee/ActuariesInstituteFollow the Institute of Actuaries on our social channels;LinkedIn: https://www.linkedin.com/company/792645/Facebook: https://www.facebook.com/pages/Actuaries-Institute/183337668450632Instagram: https://www.instagram.com/ActuariesInstTwitter: https://www.twitter.com/ActuariesInst

TRANSCRIPT: https://actuaries.logicaldoc.cloud:443/download-ticket?ticketId=70669c54-c171-45ed-af6f-a0bed76ce55aDESCRIPTION:In this episode of the Actuaries Institute Podcast, Superannuation Practice Committee (SPC) Convenor, Tim Jenkins, is joined by committee member Louise Campbell to discuss the latest news and developments from the SPC.The SPC comprises 12 members across a variety of consulting firms, investment managers, and superannuation funds. The Committee is supported by many Sub-committees, Working Groups and Taskforces to assist in in the delivery of their five strategic goals, which are:1. Enhance the role and reputation of superannuation actuaries.2. Engage and set public policy regarding superannuation, working with the broader Institute to liaise appropriately with regulators.3. Maintain and develop the professional documents for superannuation actuaries.4. Support the CPD needs of Institute Members.5. Ensure the superannuation and retirement income education is up to date and is relevant.ABOUT THE ACTUARIES INSTITUTE:As the sole professional body for Members in Australia and overseas, the Actuaries Institute represents the interests of the profession to government, business and the community. Actuaries assess risks through long-term analyses, modelling and scenario planning across a wide range of business problems.This unrivalled expertise enables the profession to comment on a range of business-related issues including enterprise risk management and prudential regulation, retirement income policy, finance and investment, general insurance, life insurance and health financing.Find out more about actuarieshttps://www.actuaries.asn.auhttps://linktr.ee/ActuariesInstituteFollow the Institute of Actuaries on our social channels;LinkedIn: https://www.linkedin.com/company/792645/Facebook: https://www.facebook.com/pages/Actuaries-Institute/183337668450632Instagram: https://www.instagram.com/ActuariesInstTwitter: https://www.twitter.com/ActuariesInst

TRANSCRIPT: https://actuaries.logicaldoc.cloud/download-ticket?ticketId=0b75ef18-5161-4f31-bce4-d2b6eb269a05DESCRIPTION:David Knox (Global Pension Expert), Tim Jenkins (Partner at Mercer) and Richard Dunn (Consultant at Rice Warner) discuss the Gender Inequality Gap in Retirement Savings Gap and what you can expect to see at the upcoming 2021 All-Actuaries Virtual Summit in the latest Actuaries Institute Podcast.David and Richard share their ideation and research behind their Superannuation plenary session and why it's important not only for themselves but for all actuaries to be invested in closing the gender gap.Tim, David and Richard also discuss what Superannuation concurrent sessions they are looking forward to attending.Register for the 2021 All-Actuaries Virtual Summit - https://www.actuaries.asn.au/microsites/all-actuaries-virtual-summit-2021/registrationABOUT THE ACTUARIES INSTITUTE:As the sole professional body for Members in Australia and overseas, the Actuaries Institute represents the interests of the profession to government, business and the community. Actuaries assess risks through long-term analyses, modelling and scenario planning across a wide range of business problems.This unrivalled expertise enables the profession to comment on a range of business-related issues including enterprise risk management and prudential regulation, retirement income policy, finance and investment, general insurance, life insurance and health financing.Find out more about actuarieshttps://www.actuaries.asn.auhttps://linktr.ee/ActuariesInstituteFollow the Institute of Actuaries on our social channels;LinkedIn: https://www.linkedin.com/company/792645/Facebook: https://www.facebook.com/pages/Actuaries-Institute/183337668450632Instagram: https://www.instagram.com/ActuariesInstTwitter: https://www.twitter.com/ActuariesInst

TRANSCRIPT: https://actuaries.logicaldoc.cloud/download-ticket?ticketId=3a2a28c3-f71b-41c2-9ac1-865853e35b47DESCRIPTION:Dee Madigan (Creative Director at Campaign Edge), Queenie Chow (Microinsurance Specialist at Milliman) and Vice President Naomi Edwards discuss the 2021 All-Actuaries Virtual Summit in the latest Actuaries Institute Podcast.Dee discusses her background as a creative director and panellist for consumer affairs talk shows having appeared regularly on Gruen, Sunrise and The Latest.Naomi and Queenie bring their unique perspective on what it means to be an actuary and the perception of the brand and profession.Register for the 2021 All-Actuaries Virtual Summit - https://www.actuaries.asn.au/microsites/all-actuaries-virtual-summit-2021/registrationABOUT THE ACTUARIES INSTITUTE:As the sole professional body for Members in Australia and overseas, the Actuaries Institute represents the interests of the profession to government, business and the community. Actuaries assess risks through long-term analyses, modelling and scenario planning across a wide range of business problems.This unrivalled expertise enables the profession to comment on a range of business-related issues including enterprise risk management and prudential regulation, retirement income policy, finance and investment, general insurance, life insurance and health financing.Find out more about actuarieshttps://www.actuaries.asn.auhttps://linktr.ee/ActuariesInstituteFollow the Institute of Actuaries on our social channels;LinkedIn: https://www.linkedin.com/company/792645/Facebook: https://www.facebook.com/pages/Actuaries-Institute/183337668450632Instagram: https://www.instagram.com/ActuariesInstTwitter: https://www.twitter.com/ActuariesInst

TRANSCRIPT: https://actuaries.logicaldoc.cloud/download-ticket?ticketId=4934ef3a-79e5-4532-a09b-ea87ab7f9761DESCRIPTION:Following on from the record-breaking 2020 All-Actuaries Virtual Summit, Jennifer Lang (2021 Virtual Summit Organising Committee Convenor) and Naomi Edwards (Actuaries Institute Vice President) discuss the ins and outs of the 2021 Summit in the latest Actuaries Institute Podcast.Joining each other virtually to record this podcast, Jennifer and Naomi dissect the exciting plenary and concurrent program on offer, the high-profile guest speakers locked in to present, and the bargain registrations options which are simply too good to pass up. Register for the 2021 All-Actuaries Virtual Summit - https://www.actuaries.asn.au/microsites/all-actuaries-virtual-summit-2021/registrationABOUT THE ACTUARIES INSTITUTE:As the sole professional body for Members in Australia and overseas, the Actuaries Institute represents the interests of the profession to government, business and the community. Actuaries assess risks through long-term analyses, modelling and scenario planning across a wide range of business problems.This unrivalled expertise enables the profession to comment on a range of business-related issues including enterprise risk management and prudential regulation, retirement income policy, finance and investment, general insurance, life insurance and health financing.Find out more about actuarieshttps://www.actuaries.asn.auFollow the Institute of Actuaries on our social channels;LinkedIn: https://www.linkedin.com/company/792645/Facebook: https://www.facebook.com/pages/Actuaries-Institute/183337668450632Instagram: https://www.instagram.com/ActuariesInstTwitter: https://www.twitter.com/ActuariesInst

TRANSCRIPT: https://actuaries.logicaldoc.cloud/download-ticket?ticketId=63996dae-cc91-4155-bac6-b8ad7e5cdd9cDESCRIPTION: In the final Actuaries Institute podcast for 2020, Risk Management Practice Committee (RMPC) Convenor Liz Baker joins RMPC member Meera Sardana to discuss the latest news, developments and objectives of the RMPC.The RMPC is among the Institute’s smaller Practice Committees, comprising 12 members who work in a wide variety of areas. These industries include life insurance, general insurance, and wealth management, while other RMPC members are university educators, and one is working in marketing analytics.Find out more about the RMPC: https://actuaries.asn.au/microsites/actuaries-managing-risk/people-and-network/rmpcABOUT THE ACTUARIES INSTITUTE:As the sole professional body for Members in Australia and overseas, the Actuaries Institute represents the interests of the profession to government, business and the community. Actuaries assess risks through long-term analyses, modelling and scenario planning across a wide range of business problems.This unrivalled expertise enables the profession to comment on a range of business-related issues including enterprise risk management and prudential regulation, retirement income policy, finance and investment, general insurance, life insurance and health financing.Find out more about actuarieshttps://www.actuaries.asn.auFollow the Institute of Actuaries on our social channels;LinkedIn: https://www.linkedin.com/company/792645/Facebook: https://www.facebook.com/pages/Actuaries-Institute/183337668450632Instagram: https://www.instagram.com/ActuariesInstTwitter: https://www.twitter.com/ActuariesInst