Mr. Stokeley Smart is a Risk Management Professional and a Fellow of the Society of Actuaries (FSA) specializing in Finance and Enterprise Risk Management. He is a Certified Enterprise Risk Analyst (CERA), a Professional Risk Manager (PRM), and has an LL.B (Hons) from the University of London, specializing in corporate and commercial law. He also has an H.B.Sc from the UofT with a major in Actuarial Science, a major in Statistics and a minor in Mathematics. He has a background in Investment Banking, Actuarial consulting, Pension Regulation, Hedge fund management, Insurance modelling, and Risk Management. He has worked in Trinidad, London, USA and Canada, and provides risk management consulting services to the wider financial services sector. Mr. Smart has a vision for the programme and aims to see it certified as a Centre for Actuarial Excellence (CAE). Certain predefined criteria must be met in order for the Society of Actuaries to deem UWI’s programme a CAE. The CAE programme is designed to: Strengthen the position of the academic branch of the profession; enhance actuarial research and intellectual capital development; encourage the university to play an integral role in advancing actuarial
Photo: Shane Musai
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UWI Actuarial Science Club Members at the CAA conference in 2015.
knowledge and; build connections between the profession and top-tier actuarial programmes and faculty. The UWI St. Augustine programme is one of the first in the world to incorporate the AXIS software into the curriculum, and recently UofT has followed suit. AXIS software is widely used by life insurance companies for actuarial modeling and it is expensive to obtain a license. Fortunately at UWI, the computer labs are equipped with this software. Become a top performing and top earning Actuarial Scientist Employment opportunities for actuaries are growing. It’s a great job for individuals who like working with challenges and problem solving. A career in actuarial science is often rewarded with great incentive
programmes such as merit increases or performance bonuses. Experience and stage level exams are also levers for promotions and growth opportunities. The Caribbean Actuarial Association refunds the SOA’s Probability and Financial Mathematics examination fees to the top 10 performers in years two and three enrolled in the Actuarial Science programme at UWI, St. Augustine. The fees are covered for exams taken during the year after which the students attain their top 10 ranking. However, the CAA will only provide reimbursement for one attempt per exam and is made regardless of the exam result. So discipline and commitment to a rigorous study programme is important.
STAN JANUARY - APRIL 2016