Head of Actuarial Function Forum for Non-Life (re)insurance actuaries

Event Type
CPD Event
Members Only Event
You must be a member of the Society of Actuaries in Ireland to attend this event.

11.45am:  tea/coffee/sandwiches
12 - 2pm:  forum

Chartered Accountants House - Boardroom

The next Head of Actuarial Function forum for Non-Life (re)insurance actuaries will take place on Tuesday 20th September at 12pm – 2pm in the Chartered Accountants House Boardroom.

In order to attend this event, you must be an SAI member and be appointed to the HoAF role in a Non-Life company or expect to take on this role in the near future.

  1. Sylvia Cronin’s comments on HoAFs
  2. Considerations for HoAFs of composite entities
  3. What is the group’s view on assessing whether risks are consistent with their Risk Appetite.
  4. How far is it necessary to go in justifying Expert Judgements?
  5. Domestic Actuarial Regime – ORSA opinion (2.1; 5c) – continual compliance for TPs and risks arising from uncertainties in the calculation
  6. Managing potential conflicts of interest where the HoAF produces work which he later must opine on
  7. What feedback we can expect from the CBI in relation to QRTs, ORSA, Actuarial Function reports, etc. and when we might expect this feedback.
  8. Collateralised reinsurance in the SCR calculation - how to allow for partial collateralisation
  9. CP103 requirement to provide an “Opinion on the ORSA Process” – must the HoAFs test the implementation of processes e.g. implementation of ORSA Policy, test record of the ORSA, et cetera
  10. Peer Review of TPs – if this is a “second line” control, can it be performed by External Audit (third line)?
  11. AOB
Cost (members)