Live With The Maverick Dominic Lee

My guest for Episode 93 is Annie Tay, FIAA, FIA, CERA, Senior Advisor at Meanwhile.

The theme for the episode is 𝗗𝗶𝗴𝗶𝘁𝗮𝗹 𝗧𝗿𝗮𝗻𝘀𝗳𝗼𝗿𝗺𝗮𝘁𝗶𝗼𝗻.

Annie and I explore the following topics:⁣

✅ Manufacturing and reviewing global insurance products
✅ Developing financial strength methodologies for life insurance
✅ The underlying drivers of strategic restructuring 
✅ The pathway to Merger & Acquisition (M&A) transactions
✅ The role actuaries play in M&A transactions
✅ Lessons learned from a 56-jurisdiction acquisition 
✅ Working in quantitative risk management as an actuary
✅ Digital transformation and its relevance for actuaries
✅ Recent market developments involving digital transformation
✅ Business problems being solved by actuaries in Fintech
✅ Developing a life insurance product on the blockchain 
✅ Digital transformation opportunities for actuaries beyond insurance 

If you are interested in learning about digital transformation, you want to listen to this.

My Website: maverickactuary.com

My guest for Episode 92 is Larry McClure, FCAS, Chief Reserving Actuary, Americas P&C at SCOR.

The theme for the episode is 𝗔𝗰𝘁𝘂𝗮𝗿𝗶𝗮𝗹 𝗥𝗲𝘀𝗲𝗿𝘃𝗶𝗻𝗴.

Larry and I explore the following topics:⁣

✅ The business imperative for actuarial reserving
✅ Schedule P, Statement of Actuarial Opinion, and actuarial reports
✅ Key decision points impacted by reserving actuaries 
✅ Reserving actuary interactions with finance, claim, and pricing actuaries 
✅ Fundamentals of a reserving analysis 
✅ The impact of limits, attachment points, and policy changes on reserving
✅ Key reserving differences between insurance and reinsurance 
✅ Key reserving differences between US and international jurisdictions 
✅ Fair value accounting under IFRS 17
✅ Regulatory regimes in the UK, Ireland, Australia, and France
✅ The impact of social inflation and COVID on reserving 

If you are interested in learning about actuarial reserving, you want to listen to this.

My Website: maverickactuary.com

My guest for Episode 91 is Esperanza Borja Mead, FCAS, FSA, MAAA, Principal at Actuarial Factor.

The theme for the episode is 𝗦𝗺𝗮𝗹𝗹 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗖𝗼𝗻𝘀𝘂𝗹𝘁𝗶𝗻𝗴.

Esperanza and I explore the following topics:⁣

✅ The inspiration behind starting her own business
✅ Transitioning from corporate to entrepreneurship 
✅ Bridging the entrepreneurial knowledge gap 
✅ Marketing, sales, and pricing for new business owners
✅ Boutique consulting firms and the clients they serve 
✅ Providing actuarial services for multinational clients
✅ Regional risk dynamics in the US, Latin America, and the Caribbean
✅ Delivering value for clients consistently 

If you are interested in small business consulting and working internationally, you want to listen to this.

My Website: maverickactuary.com

My guest for Episode 90 is Donna Glenn, FCAS, MAAA, Chief Actuary at NCCI.

The theme for the episode is 𝗪𝗼𝗿𝗸𝗲𝗿𝘀 𝗖𝗼𝗺𝗽𝗲𝗻𝘀𝗮𝘁𝗶𝗼𝗻.

Donna and I explore the following topics:⁣

✅ Working in underwriting and product management as an actuary
✅ Origins of workers compensation in the United States
✅ Private markets, state funds, and residual markets
✅ Indemnity and medical claims transactions
✅ The National Council on Compensation Insurance (NCCI)
✅ NCCI loss cost and rate analysis 
✅ LCMs, e-mods, schedule mods, and company deviations
✅ Class-level rating and individual risk rating 
✅ Aggregate loss factors on demand 
✅ Legislative pricing, industry-level analytics, and data validation 
✅ Impact of extreme temperatures on workers compensation

If you are interested in learning about workers compensation, you want to listen to this.

My Website: maverickactuary.com

My guest for Episode 89 is Ron Kozlowski, FCAS, Lead Consultant at RTK Actuarial and Professional Services.

The theme for the episode is 𝗔𝗰𝘁𝘂𝗮𝗿𝗶𝗲𝘀 𝗶𝗻 𝗖𝗼𝗻𝘀𝘂𝗹𝘁𝗶𝗻𝗴.

Ron and I explore the following topics:⁣

✅ Deciding whether to be a generalist or a specialist
✅ Solving business problems and selling business as a consultant 
✅ Specializing in construction defect reserving 
✅ The importance of taking risk as an actuary 
✅ Working with meteorologists, seismologists, and engineers to develop catastrophe models 
✅ Evaluating class action damages for a building supply manufacturer 
✅ Developed and developing actuarial markets in Asia
✅ Software and bancassurance work in Asia
✅ Motor detarrification in China, India, and Malaysia
✅ Promoting general insurance actuarial practice in Vietnam
✅ The offshoring of actuarial work in Asia
✅ What actuarial judgment is, when to use it, and how to develop it 

If you are interested in learning about what it takes to be an effective actuarial consultant, you want to listen to this.

My Website: maverickactuary.com

My guest for Episode 88 is Lloyd Richards, FIA, CERA, CStat, Director and Head of Actuarial at Crowe UK and Teaching Fellow at the Queen Mary University of London School of Mathematical Sciences.

The theme for the episode is 𝗖𝗹𝗶𝗺𝗮𝘁𝗲 𝗦𝗰𝗲𝗻𝗮𝗿𝗶𝗼 𝗔𝗻𝗮𝗹𝘆𝘀𝗶𝘀.

Lloyd and I explore the following topics:⁣

✅ Sustainability and its relevance for risk management
✅ The current sustainability landscape 
✅ Bank of England’s CBES directive 
✅ Physical, transition, and legal risks
✅ Climate scenario analysis and stress testing
✅ How actuaries get involved with climate scenario analysis
✅ Addressing key gaps in climate scenario analysis
✅ Data visualization and its connection to climate scenario analysis

If you are interested in learning about how actuaries are getting involved in Climate and ESG initiatives, you want to watch this.

Thank you for being on the show, Lloyd.

If you are interested in learning about how actuaries are getting involved in Climate and ESG initiatives, you want to listen to this.

My Website: maverickactuary.com