experience as an actuary adds to his understanding of financial
service processes. The effectiveness of a process cannot be
properly assessed without understanding the products which it
For example, why devote all your resources to develop a new
business process capable of writing huge amounts of bond business
when your fund could not stand the strain? One should at least
consider if the resources might be better allocated to EB
administration to ensure costs are kept below the margin in
the pricing basis?
Traditionally in insurance, the interaction between financials
and processes is minimal. If you don't want this to happen in
your project, perhaps we should be talking.
Jonathan is also a qualified actuary, and a Fellow of the
Institute of Actuaries.
Click for examples
of past projects.