Actuarial thinking - PowerPoint PPT Presentation

Creativity and creative thinking, as described by Dr. Prabhat K. Dwivedi, are essential for purposeful learning, economic growth, and innovation. Understanding the types of creative thinking and the importance of nurturing it can lead to personal growth, improved problem-solving skills, and enhanced

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The United Nations Development Programme (UNDP) and Milliman Global Actuarial Initiative (GAIN) are working together to enhance the actuarial profession in developing nations, fostering economic stability, and growth. The initiative aims to promote risk protection mechanisms through insurance contri

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Meet your Statistics and Actuarial Science advisors - Emily Kozlowski and Riley Metzger. Learn about the roles of advisors in signing course override forms, plan modification forms, and providing program-related guidance. Find out how to get help from an advisor and explore the field of Statistics.

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Explore the complexities of testing in-force policies, historical data analysis, projection methodologies, model governance, handling difficult situations, and enhancing actuarial models. Learn techniques to ensure data accuracy, manage policy performance, and address common industry challenges effe

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Embrace the power of lateral thinking to challenge assumptions, generate new possibilities, and break free from traditional logic. Discover how logical thinking and lateral thinking differ in their approach to problem-solving, and learn how to leverage both methods to spur creativity and innovation.

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Chitra Jayasimha and speakers like Kishore Singh and Jayesh D. Pandit will lead a webinar on Defined Benefit Pension focusing on government sector pensions, actuarial aspects, and calculations. Chitra, with vast experience in actuaries and benefit consulting, brings knowledge from various countries.

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Explore the concept of critical thinking in Islam, identifying key skills and understanding the importance of constructive criticism. Delve into the methodology of thinking in Islam that transcends superficial understanding, enabling individuals to distinguish between good and bad, correct and incor

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Delve into the realm of behavioral economics to refine actuarial skills with insights from examples and thought-provoking scenarios. Explore cognitive biases, the Halo Effect, and probability paradoxes illustrated through engaging images and explanations drawn from Daniel Kahneman's book "Thinking,

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Delve into the realm of critical thinking in the modern era, where information is readily available. Discover how easy access to data impacts our ability to think critically. Explore the importance of critical thinking and its application in today's society. Learn about the six-step critical thinkin

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Making Thinking Visible (MTV) is a concept that integrates higher-order thinking skills with subject matter learning, aiming to develop students' critical thinking abilities alongside subject knowledge. Rooted in research by Harvard University's Project Zero group, MTV emphasizes sustained thinking

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Delve into the intricacies of retirement benefits and pension plans at the "19th Seminar on Current Issues in Retirement Benefits". Gain valuable insights into traditional and special actuarial projects, funding valuations, accounting considerations, and regulatory compliance. Explore the evolving l

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The Actuarial Association of Europe (AAE) was established in 1978 to represent actuarial associations in Europe and provide independent advice on actuarial issues. AAE's vision is for actuaries throughout Europe to be recognized as leading advisers in financial services, risk management, and social

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The discussion revolves around the precision and bias found in Actuarial Risk Assessment Instruments (ARAI), highlighting concerns about their effectiveness and ethical implications. Various perspectives are presented, pointing out flaws in the existing data and the wildly imprecise nature of indivi

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Actuaries play a crucial role in solving complex financial issues in various sectors such as insurance, banking, and government. This career path requires passing a series of exams focusing on probability, financial mathematics, and risk management. By mastering these concepts, individuals can work

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The Moroccan Association of Actuaries plays a vital role in the actuarial landscape of Morocco, with a rich history dating back to the launch of an actuarial program at INSEA. The association has been instrumental in shaping the insurance and financial sectors in Morocco, including advocating for ba

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This seminar delves into the challenges of pricing export credit insurance, covering topics such as risks covered, product issues, underwriting standards, and pricing approaches. It highlights the importance of actuarial standards in this field and discusses the agenda for addressing future challeng

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Explore key topics discussed in the CAS Spring 2021 meeting, including the impact of COVID-19 on insurance operations, antitrust regulations, legal disclosures, and recent changes in actuarial principles. Discover insights on pandemic-related disruptions, regulatory impacts, and challenges faced by

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Dive into the world of actuarial science, understanding the role of actuaries in analyzing and managing risk. Learn about the structure of actuarial departments, areas of practice, and the classes you should take to pursue this career. Explore the responsibilities and expertise required in fields su

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The Actuarial Science Major Information Session at SMU is an opportunity for students interested in mathematics and careers in actuary, finance, insurance, and risk management. The program offers two tracks - Actuarial Analyst (AA) and Risk Analyst (RA) - structured after the education framework of

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Explore valuable tips for securing an actuarial internship, including researching the profession, passing key exams, excelling at Kansas State, finding hiring companies, preparing application materials, interviewing effectively, negotiating offers, and succeeding as an intern.

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The Actuarial Society of the Philippines (ASP) was established in 1961 and has grown to become the only national association of actuaries in the Philippines. ASP members work in various sectors such as life insurance, health care, and social security. The society plays a crucial role in educating ac

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Explore the significance of professionalism and ethics in the actuarial profession, discussing the expectations and conflicts faced by professionals, the importance of adhering to standards, and the nuances of different types of statements made in the field. The content emphasizes the responsibiliti

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A comprehensive overview of pursuing a career in actuarial mathematics, covering educational pathways at Vanier College and Concordia University, job responsibilities, required skills, work conditions, and key characteristics of the profession. Actuaries utilize math and statistics to analyze risks,

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Explore the insights shared by Philip Doggart in "Applying Actuarial Thinking to Public Sector Politics," focusing on the campaign, election process, door-to-door interactions, election strategies, results analysis, and aftermath of the General Election 2016.

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Actuarial Science Club's first meeting covered introductions of club officers, discussions on actuarial science topics, upcoming events, exam information, and the benefits of pursuing a career in actuarial science. The meeting also highlighted social events, volunteer opportunities, and the mentor p

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GASB 68 reporting as compared to the 2015 actuarial valuation focused on the implementation of GASB 68 for financial statements, including the reporting of entities like the Bay County Employee Retirement System and Bay-Arenac Behavioral Health. The process involved providing information on pension-

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Explore the viability and customer benefits of value added benefits in health insurance from an actuarial perspective at the 28th India Fellowship Seminar. The Indian healthcare industry's growth prospects, policy support, and the role of health insurance are discussed, highlighting the opportunitie

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Explore the importance of nurturing critical thinking skills in the EFL classroom through understanding the essence of critical thinking, discussing its definitions, and embracing practical ideas for implementation. Delve into the process of critical thinking, integrating Bloom's Taxonomy to foster

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Explore the discussions at the 26th Indian Fellowship Seminar focusing on product line profitability, claims volatility, peak risks, sustainable product mix, and risk management in the field of actuarial science. Learn about the importance of product line profitability, how it is quantitatively and

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Explore the use of various computer packages for teaching statistics and actuarial science, potential benefits of utilizing proper statistical tools, incorporating data science content for professional exams, and the importance of data science in the curriculum to enhance students' skills in real-wo

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The history of actuarial science dates back to ancient civilizations, with modern developments originating in London's insurance market. Actuarial techniques have progressed from mortality tables to contemporary risk diversification. Throughout the centuries, advancements in statistical modeling and

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Exploring the transition of assessment practices from online to in-person settings, this presentation by Diana Skrzydlo at the Actuarial Teachers and Researchers Conference delves into the purpose of assessment, key principles, and activities for effective evaluation. Discover insights on diagnostic

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The Actuarial Society of Bangladesh is working towards developing the actuarial profession in the country. They focus on traditional areas like insurance and pensions, as well as non-traditional areas including risk management and wealth planning. Despite facing challenges such as regulations and a

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Investigating the teaching approaches to critical thinking in EAP writing classes, this meta-synthesis research delves into the importance of critical thinking, key issues in the literature review, defining critical thinking, enhancing criticality in academic writing, and understanding critical thin

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The Victorian Curriculum F-10 emphasizes the development of critical and creative thinking skills among students. By focusing on understanding thinking processes, fostering confidence in evaluating thinking across various contexts, and promoting logical and strategic thinking, this curriculum aims t

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Understand the concepts of divergent and convergent thinking in creativity, the importance of empathetic thinking in design, and the role of lateral thinking in generating innovative ideas. Guidelines emphasize the need to allow sufficient time for divergent thinking to foster creative outcomes befo

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The joint committee hearing on January 10, 2018, discussed the role and accomplishments of the California Actuarial Advisory Panel (CAAP) in providing impartial information on pensions and postemployment benefits to public agencies. The CAAP's work includes historical models, funding policies, and r

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A case study presentation on actuarial reserving, focusing on maintaining professional standards, addressing factors influencing reserves, regulations, and conflict of interest. The Finance Director's suggestion to lower reserves for better company profits is examined, along with implications on com

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The Actuarial Board for Counseling and Discipline (ABCD) is a pivotal entity formed by U.S.-based actuarial organizations to uphold ethical and professional standards within the actuarial profession. ABCD provides guidance, investigations, counseling, and mediation services to ensure members adhere

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This presentation delves into the concept of price optimization in the auto insurance industry, covering actuarial, economic, and regulatory aspects. It addresses the controversy surrounding price optimization, various state definitions, concerns, and the use of sophisticated tools to quantify busin

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