SBRP SUPPLEMENTAL RETIREMENT BENEFIT
Supplementation retirement benefit (SBRP) is a defined benefit providing lifetime income separately managed by SBCTC. Eligibility requirements include age, years of service, and disability retirement provisions. Calculations are complex and based on retirement age, years of service, goal income, and
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The Innovative Actuary.Embracing Next-Gen Technologies.
Delve into the world where data and innovation converge, propelling risk management into a new era with The Innovative Actuary. Explore the transformative power of technology in actuarial science, breaking traditional boundaries and enabling innovative possibilities for risk assessment and decision-
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Capacity Building Webinar on Retirement Benefits: Module 2 - Defined Benefit Pension
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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The Role of Actuaries in Addressing Environmental and Climate Changes
Actuaries play a crucial role in assessing and managing risks posed by environmental and climate changes, aiding the insurance industry in mitigating these challenges. They consider long-term risks with significant financial implications, such as physical, transitional, and liability risks. Actuarie
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Understanding Asset Share and FFA in Insurance Business
Delve into the intricacies of Asset Share and Fund for Future Appropriation (FFA) in the insurance sector. Explore concepts, implications, and regulations surrounding asset share, FFA, and expense management in participating life insurance businesses. Gain insights on surplus distribution, expense a
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The Actuarial Association of Europe and Its Risk Management Committee
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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Armed Forces Pension Seminar Insights and Tips
Unveil the complexities of Armed Forces pensions with valuable insights on basic themes, pension credit, member views, and handling income vs. pension issues. Explore pension age differences, EDP features, McCloud post-remedy applications, and the role of actuaries in income evaluations.
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Understanding the Actuarial Career and How to Become an Actuary
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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Overview of Moroccan Association of Actuaries: History, Ecosystem, and Achievements
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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Exploring the Path to Becoming an Actuary
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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Actuarial Science Major Information Session at SMU
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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Actuarial Society of the Philippines Overview
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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Professionalism in the Evolving World of UBI - Insights from CAGNY Spring Meeting
Explore the intersection of professionalism and technology in Usage-Based Insurance (UBI) through insights shared at the Casualty Actuaries of Greater New York (CAGNY) Spring Meeting. Topics discussed include UBI adoption trends, potential pricing applications, challenges in risk classification, and
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Insights into Becoming an Actuary: Drew Tindall, FSA, MAAA
Explore Drew Tindall's journey to becoming an actuary, his career highlights, and valuable insights into the actuarial profession. Learn about Swiss Re, a leading global reinsurer, and the diverse roles actuaries play in the industry.
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Career Insights in Actuarial Mathematics
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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Evolution of Public Pension Financing: A Historical Overview
Explore the historical evolution of public pension financing from the 1970s to today, highlighting key trends in actuarial practices, funding policies, asset allocation, and the roles of actuaries and accountants. Gain insights into the changes shaping the landscape of pension planning and managemen
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Historical Perspective on Actuaries and Underwriters: The Rose Wars
Delve into the intriguing parallels between the civil wars of the Roses in medieval England and the modern conflicts in the insurance industry, exploring themes of rivalry, symbolism, and the role of key figures like Christian Irgens and Bill Gates. Uncover how historical events can offer insights i
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Antitrust Compliance Guidelines for Society of Actuaries Members
Guidelines for active participation in the Society of Actuaries, ensuring compliance with antitrust laws to avoid anti-competitive behavior during association activities. The guidelines emphasize avoiding discussions on sensitive topics like pricing, market allocations, and trade conditions to preve
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Actuaries' Role in Managing Climate Risk and Sustainability
Actuaries play a crucial role in managing sustainability and climate risk by assessing various risks such as physical, transition, and liability risks associated with climate change and biodiversity loss. They provide insights on mitigation and adaptation strategies to address the impacts of environ
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Building up the Actuarial Profession in Bangladesh: Challenges and Opportunities
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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Understanding the Actuaries Climate Index: A Comprehensive Guide
The Actuaries Climate Index (ACI) is an essential tool that measures climate risks using historical data collected since 1961. It focuses on extreme climate events and sea level changes, providing valuable insights into the impacts of climate change. By analyzing the ACI and its components, users ca
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Crop Insurance Pricing Webinar with A.V. Karthikeyan - June 26, 2020
Join the webinar on June 26, 2020, focusing on Crop Insurance Pricing featuring A.V. Karthikeyan, the Appointed Actuary at Reliance General Insurance. Explore topics such as risk assessment, pricing dynamics, and the role of actuaries in the crop insurance industry. Gain insights into the importance
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