Actuarial profession in russia status and progress
This presentation is the property of its rightful owner.
Sponsored Links
1 / 9

Actuarial profession in Russia – Status and progress PowerPoint PPT Presentation


  • 92 Views
  • Uploaded on
  • Presentation posted in: General

Actuarial profession in Russia – Status and progress. Vladimir Novikov Chairman of the Russian Guild of actuaries 1 November 2007. History. 1994 – 2001 - Society of actuaries of Russia 2002 – Guild of actuaries was found Actuarial profession promotion

Download Presentation

Actuarial profession in Russia – Status and progress

An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -

Presentation Transcript


Actuarial profession in russia status and progress

Actuarial profession in Russia – Status and progress

Vladimir Novikov

Chairman of the Russian Guild of actuaries

1 November 2007


History

History

  • 1994 – 2001 - Society of actuaries of Russia

  • 2002 – Guild of actuaries was found

    • Actuarial profession promotion

    • Participation in international events, distributing international experience on local level

      • Actuarial conference – 2003, supported by TACIS

      • European Actuarial Academy seminar “Key actuarial techniques” – 2006 – supported by FAIS

    • Participation in market development (draft rules for life insurance reserving, rules for actuarial certification and reporting, investigation of clams experience of MTPL for RUMI, etc)

    • Educational system developing – textbook translation, syllabus preparation, 3 waives of voluntary exams on Actuarial mathematics -1

  • 2006 – around 40 members, Associate member of International Actuarial association


History 2007

History – 2007

February - General meeting

  • Prospective plan was adopted

  • New board election

    • Igor Kotlobovski (Moscow state university)

    • Alexander Lelchuck (Consulting)

    • Sergei Zavriev (ING)

    • Andrei Kudriavtsev (SPb University)

    • Nikolai Gorbachev (Ingosstrakh)

    • Valery Baskakov (IAAC, Consulting)

    • Dmitri Denisov (Moscow state university)

    • Lmitri Malyh (Czech Insurance company)

    • Konstantin Kozlov (Cardif)

    • Andrei Safonov (Renessans insurance)

    • Vladimir Novikov (AIG Life)

  • Preparation to full membership in IAA was started

  • There were established 4 Committees

    • Life insurance

    • Pension

    • Non –life insurance

    • Education


Last events

Last events

  • General meeting (26 June 2007) made decision to apply for full membership of the Guild of actuaries in IAA

  • Education program was adopted

  • Code of conduct was adopted

  • Disciplinary commission was formed

    (Igor Kotlobovski is a Chairman)


Last events1

Last events

  • Application for full membership in IAAof the Guild of actuaries was sent on 6th of October

  • It was preliminary considered on IAA Meeting last week

  • Next IAA meeting in June 2008 will make an official decision


Status

Status

  • >130 members

  • Insurance industry – 71%

  • Consulting – 8%

  • Universities – 11%

  • State and Non-state pensions – 7%

  • Other – 3%

    From the 15th of October 2007 new candidates should go through professional exams


Future progress

Future progress

  • Transfer education program into set of exams

    • Textbooks translation, editing and printing

    • Start examination procedure for new members

    • Start regular CPD (Continuing professional development) activity

  • Developing standard of actuarial practice (life, general, pensions)

  • Regular information providing to supervision authority and other bodies, taking part in actuarial reporting implementation


Future progress1

Future progress

  • International events 2008

    • EAA Seminar

    • IAA Fund Meeting of leaders of actuarial profession of CIS countries

  • Developing relations with Russian association of professional accountant and auditors, other domestic and international bodies


Actuarial profession in russia status and progress

Thank you

www.guildofactuaries.ru

Reminder! Next exam will be on Sunday, November 11, 2007


  • Login