From Actuarial Science to Aviation Leasing & Finance: Are Your Skills Transferrable

Event Type
Networking Event
Organizer
This is an external event.
Please see details below on how to register.
Date
Time

07:30 - 09:00

 

Venue
Morgan McKinley
Connaught House
(Level 2)
Burlington Rd
Ballsbridge
Dublin D04 C5Y6
Description

Registration Instructions

Please register for this event before Friday 7th February 2020.

If you wish to attend this event, please email the Society with your first name and last name to events@actuaries.ie

*This information will be sent to Morgan McKinley for reservation processing.

**Due to circumstances beyond our control, this event may book out in advance of this date.

 

Event Details

This is a networking event for actuaries and aviation leasing and finance people managers. The event will illustrate just how transferable actuarial skills in pricing and asset-liability management are to pricing and asset-liability management in the aviation leasing and financing industry.

The aviation industry competes for talent in many areas of finance and to date only a small number
of aviation leasing and finance companies have recognised the significant source of talent available
in the actuarial profession; fewer still have employed actuaries for roles in pricing and asset-liability
management in the aviation industry.

The seminar will illustrate just how transferable actuarial skills are to the aviation industry with
detailed examples for pricing and asset-liability management and will conclude with a personal
reflection on one actuary’s experience of the transition.

There will be time for questions at the end of the seminar and an opportunity for actuaries and
aviation leasing and finance executives to network.

Agenda
Time Item Speaker(s)
07:30 – 08:00 Breakfast  
08:00 – 08:05 Introduction Susan Nix | Associate Director | Morgan McKinley
08:05 – 08:20 From pricing an insurance policy to pricing an aircraft lease  Andrew Caslin | Finance & Capital Actuary, Zurich Insurance plc and Dominic Ryan | Pricing | Avolon
08:20 – 08:35  Transfer your asset-liability management or capital modelling skills from an insurance company to an aviation leasing company John Caslin | Head of Investment Innovation | Aviva

Joseph McGinley | Head of Investor Relations | AerCap

08:35 - 08:50 A personal reflection on transferring
from an actuarial role to an aviation role
Donal O’Brien | Investment Pricing Manager | Dubai
Aerospace Enterprise Capital
08:50 - 09:00 Questions and answers Chairperson: Susan Nix
09:00 ENDS  
Speakers/Presenters
Please see Agenda.
Biographical details

Andrew Caslin

Andrew Caslin is a qualified actuary with more than 7 year’s experience in general insurance having trained in Zurich’s European Head Office as a pricing actuary. More recently, he has worked on Zurich’s internal capital model under Solvency II. Andrew co-authored a paper entitled “The Fiscal Treaty, the Economic Environment & Solvency II: Possible Implications for Life and General Insurance Companies” which he presented to the Society of Actuaries in 2011. Andrew holds a BA (Hons) in Economics and a Diploma in Actuarial Science from UCD.

 

Dominic Ryan

Dominic Ryan graduated from UCD in 2012 with a degree in Commerce. He pursued a career as a professional athlete achieving both provincial and international honours. During his career, he furthered his education at the Irish Management Institute and at the Chartered Alternative Investment Analyst (CAIA) Association. Following his retirement from professional sport in 2018 he undertook a Master’s in Aviation Finance from the UCD Michael Smurfit School of Business. He has recently secured a role in the Pricing team at Avolon and is primarily working for their ‘New Aircraft’ sub-team.

 

John Caslin

John Caslin is a Fellow of the Society of Actuaries in Ireland and a member of the Society’s Banking & Aviation Finance Subcommittee. He holds a Diploma in Aviation Leasing and Finance from the Law Society of Ireland and a First Class Honours Degree and Gold Medal in Engineering from Trinity College. He has served as a director of iShares, a director of Alder Capital, and as a member of the investment committee of the board of Eagle Star (now Zurich). John is a former chairman of the Finance & Investment Committee of the Society of Actuaries in Ireland and is currently the Head of Investment Innovation at Aviva in Dublin. He co-authored a paper entitled “Selling Aviation Debt Securities to EU Insurance Undertakings. A salesperson’s dream or not?” and together with Donal O’Brien, he presented the conclusions of the paper to the Airline Economics Growth Frontiers Conference in January 2019.
In April 2019, John participated in the keynote investor panel at the Ishka Conference Investing in Aviation Finance: Europe in London.

 

Joseph McGinley

Joseph McGinley joined AerCap in November 2017. He has 12 years’ experience in financial markets. He previously worked at Davy Capital Markets in Dublin where he served as a Senior Credit Analyst. In his role he had primary responsibility for credit coverage of the aircraft leasing, airlines, utilities and renewables sectors. In addition, he previously worked in various roles across Davy Private Clients as well as with Danske Bank. Joseph holds a BBLS degree from University College Dublin, and has been a CFA® charter holder since 2013. Joseph is also a Qualified Financial Advisor and holds a Diploma in Aviation Leasing and Finance from the Law Society of Ireland.

 

Donal O’Brien

Donal O’Brien joined DAE Capital as an Investment Pricing Manager in January 2020. Prior to this Donal was responsible for pricing at Seraph Aviation Management, part of the Stellwagen Group. He was also involved with developing the pricing methodologies and financial models employed by the Group. Donal’s previous experience in the aviation finance industry related to capital market debt structuring
and arranging for investors seeking debt structures to acquire aircraft. Prior to joining the aviation finance industry, Donal worked for six years as an Investment Consultant with Willis Towers Watson in Dublin providing strategic advice to some of Ireland’s largest occupational pension funds on a variety of asset classes. Donal is a Fellow of the Society of Actuaries in Ireland, a member of the Society’s Banking
& Aviation Finance Subcommittee and holds a First Class Honours Bachelor of Actuarial and Financial Studies from University College Dublin.

 

Cost (members)
0
Cost (non-members)
0