Application closing date: 22 March
The general insurance Claims Inflation Working Party is seeking a new member to join the group and contribute to ongoing research around inflation management best practice and collation of sentiment data. It welcomes applications from both IFoA members and suitably experienced non-members.
The working party conducts a survey each year to collate views/sentiment on inflation from around the general insurance market (with a London Market focus). Findings from this survey are presented and distributed to interested parties.
In addition, the working party is committed to conducting research to explore the best practice management of inflation uncertainty across all areas of general insurance actuarial work. To date, we have focused on inflation estimation techniques and incorporating inflation volatility into provisioning/reserving. The interested member would be expected to build upon these existing outputs and produce further thought leadership around inflation management.
The time commitment varies. We hold a one hour meeting each month and members are expected to contribute additional hours (2 to 3 per month) between meetings to work on actions that arise.
This time commitment will typically increase in the lead-up to any presentations or delivery of results (for example IFoA GIRO Conference). The interested member will be expected to actively and meaningfully contribute. Those who feel reticent with regards time and effort commitment need not apply.
If you are interested in this role and would like an informal conversation before applying, please email us at engagement.team@actuaries.org.uk.
If you have read all the above and would like to apply, please send us:
Please email all the above to engagement.team@actuaries.org.uk. Please note, we are unable to accept late applications.
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