Actuarial consultant Essay

Actuarial consultant Essay

Actuarial Malpractice

– Actuarial Malpractice Actuaries are recognized for using mathematics in certain ways to estimate the financial obligations of a company. These approximations directly affect the company’s financial situation and outlook for the year. As any other professional occupation, standards must be followed to ensure the validity of the work being done. Risks of malpractice may arise if actuarial principles are not followed carefully. Actuarial malpractice has become a rising concern in holding actuaries liable for their work, where in previous years it was unheard of….  

A Brief Look at Actuarial Consultants

– … Specific Skills and Techniques Required Consulting Actuaries need to possess many skills including some knowledge of tax, law, statistics, model construction, financial forecasting etc. They analyze the current financial climate and make predictions about future conditions so as to make the best recommendations for future financial decisions. Needs to be able to work with and consult colleges and professionals in many different areas for their expertise and knowledge. Consultants also need to possess good personal skills so as to be able to communicate with clients to attract and keep business as well to be able to best understand their clients’ needs to make the best possible recommenda…  

The Role of the Management Consultant

– Introduction The review set out to discuss the statement “It is the consultant’s responsibility to facilitate client decision-making, not change the decisions the client would have made anyway” (Wickham and Wickham 2008). To do so, the review firstly outlines the client- consultant relationship and the consultant’s responsibility and role once they are hired, in light of the work of prominent authors like Appelbaum (2004), Calvert (2005) and O’Mahoney (2010). Then, the review analyses the client’s decision-making processes and consultant’s role in it, with help of authors like Wickham and Wickham (2008), Schein (1997) and Turner (1982)….  

The Role of a Lactation Consultant

– The Role of a Lactation Consultant Lactation consultants are a vital part of the healthcare system. Together with the rest of the healthcare team they make sure that mother and baby’s care as a breastfeeding pair is complete. The International Board Certified Lactation Consultant represents the “gold standard” in lactation consultant credentialing. Lactation consultants who carry the credentials IBCLC behind their names are specially trained and qualified to assist with every aspect of breastfeeding…. ;

Actuarial Science: The Job for Me

– The world we live in is overflowing with choices and chances. Every day, each and every human must make thousands of decisions. Some decisions may be rather simple to make, or not present a high chance for an unfavorable outcome. While one may decide the apple they picked up from the store is not very sweet, the cost lost on the apple is rather minimal and the consumer will most likely be presented with many more opportunities to pick a delicious apple. However, some choices are much more complicated…. ;