If you’ve ever wondered about the story behind the numbers in reinsurance, you’ve come to the right place.

That will be the focus of a presentation by Bo Jiang, Senior Vice President, Treaty Broking at Guy Carpenter Australia at ANZIIF’s Reinsurance International Study Course (RISC).

Jiang will bring his expertise and insight to the topic, which he describes as increasingly relevant as actuaries continue to transition from traditional statutory reserving and pricing roles to capital management, underwriting and client management functions. 

Jiang says his presentation will focus on the emergence of actuaries in reinsurance, the broad scope of their work and their transition from placement-oriented to advisory-oriented roles. 

“There are certainly more actuaries working in the reinsurance industry now than there were 20 years ago,” says Jiang. “I think this trend will continue, and more and more actuaries will join the industry in an even wider range of roles.”

Looking beyond the numbers

 In his presentation, Jiang also aims to highlight the benefits actuaries bring to these diverse reinsurance roles.

“The challenge is to not pigeonhole actuaries as just the numbers people because actuarial training can be applied to many disciplines — it should be considered a skill set, not just a profession,” he explains.

Jiang points to the increasing involvement of actuaries in reinsurance purchase decisions — representing a significant change in the industry’s capabilities.  

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