《A Careers Seminar on》.pdf

A Careers Seminar on The Actuarial Profession Wong Ka-Man Fellow of the Society of Actuaries Actuarial Society of Hong Kong .hk 23 February, 2008 About myself…… • Actuarial education in Hong Kong • Fellow of the Society of Actuaries U.S. (FSA), Fellow of the ASHK • Life insurance actuary • Top multinational insurance firms experience • Current role as Consulting Actuary in Watson Wyatt Insurance Consulting Ltd., Insurance Financial Services • Client and marketing work with insurance firm / banks / financial companies in the Asia region and continental Europe • Personally worked in many countries in Asia 2 Topics to be covered • The actuarial profession • Where do actuaries work • Demands for actuaries • How attractive is the actuarial profession • Examples of some daily actuarial work • Entry into the actuarial profession • The Actuarial Society of Hong Kong • Career path and pay • Who should become an actuary 3 The profession – What is an actuary? Actuaries apply mathematical and financial expertise and knowledge in the business world. Financial Risk Management Actuarial training enables one to analyse past events, assess present risks, forecast financial impact of future possible events, and advise on business strategy. Have a balanced role in business management. Communicate complex financial issues in an understandable way! 4 The profession – Where do actuaries work? Insurance companies Life insurance Financial Others Govt