Your call: who will you nominate?
CAA exemptions window now open
Nominations for IFoA Honorary Fellowships and for the Gold and Finlaison medals are now being sought. The closing date is 19 December.
The IFoA opened an exemptions window on 3 November to allow those students who have relevant passes in the Fellowship exams to gain exemptions from modules on the Certified Actuarial Analyst (CAA) pathway. This is in recognition of the fact that the career aspirations of some students on the Fellowship pathway may be better served by the IFoA’s new CAA qualification. Qualifying as a Certified Actuarial Analyst will provide you with a professional qualification from the IFoA, equipping you with strong technical skills and knowledge and opening the door to a wide range of career options. The CAA will help you to stand out from the crowd in a competitive financial job market. If you work in the wider field of financial services it will allow you to develop analytical skills that can be added to your current business knowledge. If you have any questions or would like further information about the CAA, please email caa@actuaries.org.uk or visit bit.ly/1Ext4Ch
Honorary Fellowship Members are invited to nominate for an Honorary Fellowship candidates who have made a significant contribution to the profession, and who have an active and ongoing involvement with the IFoA. Notable Honorary Fellows include former parliamentary commissioner for standards Sir Phillip Mawer and economist Sir Andrew Dilnot and, stepping back into the mists of time, eminent persons such as computer science pioneer Charles Babbage and medical statistician William Farr. For more information and to complete the nomination form, visit: bit.ly/1ufH3JL Gold and Finlaison medals The IFoA is also seeking nominations for the Gold and Finlaison medals. The Gold Medal has been awarded to IFoA members in recognition of work “which is of pre-eminent importance, either in originality, content or consequence, in the actuarial field” since 1919 and it is our most prestigious and long-established award. The Finlaison medal was first awarded in 1985, and recognises services to the actuarial profession, in furtherance of the objectives set out in our Royal Charter: “… in the public interest, the advance of all matters relevant to actuarial science, and to regulate and promote the actuarial profession”. For details and to nominate a member for a Gold or Finlaison medal, visit bit.ly/S7ZLuV
Now is your chance to nominate a modern-day figure to follow in the footsteps of Charles Babbage and become an Honorary Fellow, or to put them forward for a Gold or Finlaison medal
Legal changes reduce motor insurance claims For the first time in 10 years, IFoA research shows a reduction in third-party motor insurance injury claims. This reduction in claim frequencies appears to directly correspond with legal changes that were enforced in 2013 – most significantly, the Legal Aid, Sentencing and Punishment Offenders Acts (LASPO) – and a 35% reduction in the number of claims management companies (CMC). Research shows that there continues to be a link between claims hotspots and CMC locations. Our research has also shown that, on average, the cost of a third-party motor insurance premium has dropped by 19%, the frequency of third-party injury claims has fallen by 10%, and there has been a 5% reduction in the average cost per claimant – from £5,000 to £4,750.
EVENTS AND CONFERENCES Influencing Others
Masterclasses are a series of live events that have been created to help actuaries achieve success in all areas of the business world. Developed by experts within the field, these classes are aimed at supporting those who would like to improve specific business skills that are not always covered in formal training. Book all four Masterclasses and receive a £100 discount.
9 December, London 09.00-13.15 Great communication is all about the power to influence – not the influence of power. Learn how to influence different people in different situations and add several more strings to your bow as a communicator. Book your place online: bit.ly/1EDZE3s
Difficult Conversations 9 December, London 13.00-16.45 Difficult news can be even more difficult to deliver, requiring you to
manage emotions and information sensitively. This course teaches you how to clearly convey an important message while maintaining the relationship with the other person. Book your place online: bit.ly/1EDXf8Y
Public speaking/presenting 13 January 2015, London 09.00-12.45 Take the pain out of presenting with simple and practical techniques that will enable you to come across as articulate, prepared, confident and intelligent. Book your place online: bit.ly/1pZ26R2
Motivating and Inspiring Others 13 January 2015, London 13.00-16.45 Great speakers and leaders provoke energy and commitment because they inspire and motivate their audience into action. Here you will learn techniques to help you be an inspirational leader. Book your place online: bit.ly/1sMvBRK
2015 Call for Speakers See details of upcoming events and submit your proposals online: bit.ly/1iqhmRO
December 2014 • THE ACTUARY 13 www.theactuary.com
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