Actuarial Society of South Africa

SOUTH AFRICA | WEBSITE

© Actuarial Society of South Africa 2009 - 2011 The Actuarial Society of South Africa is the professional organisation for actuaries and actuarial students in South Africa. The vision of the Actuarial Society is an actuarial profession of substance and stature, serving, and valued by, our communities as a primary source of authoritative advice and thought leadership in the understanding, modeling and management of financial and other measurable risk.

Sessional Meetings and Podcasts

73 EPISODES | Podcast, ±56 min episode every 5 weeks

50 min 5 Mar Alternative Investments

This channel contains recordings from sessional meetings as well as podcasts and other audio material of value to actuaries and actuarial students in South Africa.

ENGLISH Self-Help

The ASSA 2018 Annual Actuaries Convention - 24 & 25 October at the CTICC

47 EPISODES | Series, ±50 min episode total time 39 hr 25 min

42 min #1 OPENING PLENARY

The program included industry-relevant topics and updates, thought-provoking presentations as well as interactive sessions in the form of workshops, which proved quite popular at the previous Convention.

A diverse range of topics presented by experts from the Actuarial industry as well as wider fields, covering not only what is relevant in South Africa currently, but also stretching out to the rest of the globe. The topics were carefully selected with an aim to inspire, educate and entertain the mind while addressing practical problems faced by actuaries and potential solutions to these problems. To highlight but a few:

— Driverless cars: how they work and how they will be priced

— Augmented Reality Insurance: view of a working prototype

— Slaying the dragon: improving individual and company returns on investment in actuarial education

— The Life Esidimeni arbitration and the actuarial quantification of constitutional damages

— Default regulation and investment strategies in retirement

— AI in actuarial science, leadership in the era of InsureTech

— IFRS 17 and SAM implementation learnings

— A formulation of ecological value added

ENGLISH Business · Business

The ASSA 2018 ERM Seminar

9 EPISODES | Series, ±36 min episode total time 5 hr 28 min

2 min #1 Welcome and Start

The ERM Committee is responsible for growing and supporting the role of actuaries in the field of ERM.

The committee identifies and manages areas of research to support the establishment of an actuarial framework for Enterprise Risk Management (ERM) and to develop actuarial methodologies for measuring and managing Financial Risks.

The objectives include:

Formulate views of the South African actuarial profession on matters of concern to the profession in this field to South African institutions.

Co-operate with other Actuarial Society Committees, particularly the Health, Pensions, Short Term Insurance, Long-Term Insurance and Investment Committees to:
- consider issues of joint concern
- ensure a co-ordinated approach in providing guidance to actuaries: and
- formulate an actuarial process to risk assessment

Promote and encourage the development of actuarial skills in financial risk within the actuarial profession in South Africa, including recommendations to the ASSA Education Committee.

Maintain contact with the appropriate Committee(s) of the International Actuarial Association and develop and maintain contact with AFIR (the Financial Risk Section of the International Actuarial Association);

Liaises with other professional bodies on enterprise and financial risk related issues. e.g. IRMSA, PRMIA and GARP; and

Provides input to regulators on enterprise and financial risk management issues. This includes the implementation and management of the Basel 2 Accord for banks and Solvency Assessment and Management (SAM) for insurers.

ENGLISH Investing · Investing

The ASSA 2018 Wider Fields CPD Event

8 EPISODES | Series, ±25 min episode total time 3 hr 22 min

3 min #1 Welcome & Context

The Continuing Professional Development (CPD) seminar held in Sandton at the Michelangelo Hotel on the 12th of September 2018 consisted of meaningful and informative presentations and discussions around Big Data and Advanced Analytics. The speaker line-up included a wide range of organisations such as the MTN Rhino Project, Naked Insure, First National Bank, Data Prophet and Analytix Engine

ENGLISH Business · Investing

The ASSA 2018 Education Seminar

8 EPISODES | Series, ±30 min episode total time 4 hr 03 min

6 min #1 Welcome & Opening

The ASSA 2018 Education Seminar held in Sandton on 14 September 2018

ENGLISH Education · Investing

The ASSA 2018 Short Term Insurance Seminar

8 EPISODES | Podcast, ±46 min episode every 1 hour

58 min 7 Sep 2018 Professionalism - Legal & Reputational Risks of Social Media

The ASSA 2018 Investments Seminar

9 EPISODES | Podcast, ±36 min episode every 1 hour

9 min 30 Aug 2018 Welcome & Introduction

This year we will be focussing on trending topics such as technology in investments, crypto currency and what is new in the South African political landscape. As key note speaker we have Michael Jordaan who will be covering how technology has changed the way we do investments.

ENGLISH Business · Investing

Banking Seminar 2018 - “Actuaries In The New World of Banking”

10 EPISODES | Podcast, ±36 min episode every 1 hour

4 min 31 Jul 2018 Welcome & Introduction by Chair

Chaired by:
Richardt Hechter - ASSA Banking Committee & Discovery
He originates, quantifies and drives new opportunities for the group across five continents. He started his career in the banking space and continues to serve on both the International Actuarial Association's Banking Working Group and the Actuarial Society of South Africa's Banking Committee. Richardt was one of the first 15 to pass the actuarial banking fellowship. Richardt thrives on challenging himself and is passionate about tech, finance and banking.

Keynote Speakers:
Mark Brits - Executive Director Centre of Excellence in Financial Services, SGM The Banking Association South Africa
I have been fascinated by finance ever since I started work. In pursuit of my addiction I have worked in the insurance sector, the central bank, local and international banks, studied at university and participated in numerous courses. I have written, lectured and read about my passion. At the Banking Association I am able to immerse myself with international standard setters, policy makers, regulators and industry experts. Still there is more to learn.

Jolande Duvenage - Chief Imagineer (CEO): nav» and Head: FNB Innovators Programme FNB South Africa
nav» is a smart new tool designed to help customers manage their lives in a simpler smarter way. Think of it as a Financial GPS that puts you as a customer in the driver seat.

Speakers:
Dr Conrad Beyers - Modelling Systemic Risk and Banking Crises

Rajiv Singh - Systems and Technology for Actuaries in Banks

Michael Tichareva (Moderator); Nico van Staden; Matthew Walker; Gerrit van Eck - The implementation of IFRS 9: Challenges and lessons

Sandile Mbili - Professionalism & Ethics

Kudzai Chigiji (Moderator); Johan Maree; Ross Harris; Solomon Sikhosana; Dunny Semwayo; Mandla Hillie - Banking the Continent: Experiences of Expanding Banking Services Across the African Continent

Alan Quinn - Creative Thinking for Banking Collaboration

Closing:
Richardt Hechter

ENGLISH Business News · Investing

Life Assurance Seminar Johannesburg 10 May 2018

9 EPISODES | Podcast, ±42 min episode every 1 hour

55 min 10 May 2018 Professionalism and Ethics: Speakers: Sandile Mbili Chair: Saneliswe Nkuta

1. A view from May 2018:
Speaker: Ian Cruickshanks
Chair: Colin van Zyl

2. Our TCF Journey: the good, the bad and the ugly:
Speakers: Paul Truyens, Giles Waugh, Nina Le Riche, Johann Le Roux
Chair: Nicolaas Kruger

3. Product Innovation in Micro-insurance:
Speaker: Marc Tison (Zing)
Chair: Andrew Warren

4. Assured Lives mortality investigation:
Speakers: Leza Wells & Etienne Rossouw (CSI committee)
Chair: Andrew Warren

5. IFRS 17 – one year on:
Speakers: Renaldo De Gouveia, Michael Meerkotter, Tracy Lister, Jac Niemand
Chair: Andrew Warren

6. Future of Insurance:
Speaker: Peter Temple
Chair: Tracy Lister

7. Passing the buck: The admin system risk
Speakers: Mia Geringer, Lukas Ehlers (ASSA system and techology committee)
Chair: Tracy Lister

8. APN106:
Speakers: Simon Louw
Chair: Saneliswe Nkuta

9. Professionalism and Ethics:
Speakers: Sandile Mbili
Chair: Saneliswe Nkuta

ENGLISH Investing

Actuarial Society 2016 Convention

45 EPISODES | Event, ±44 min episode total time 33 hour

42 min #1 DAY 1: Opening Remarks and Plenary Address

Actuarial Society 2016 Convention
Cape Town International Convention Centre
Cape Town
23 – 24 November 2016

The Actuarial Society’s 2016 Convention built on the success of last year’s Convention, with feedback on the Convention being used to provide an even better experience.

We welcomed over 1500 Actuarial Society members to an event that was professionally enriching and challenging, with opportunity to both learn and contribute.

ENGLISH Business