Actuaries In Action

If you're like most business leaders, you’re flooded with data. Crucially, there are business changing insights trapped in that data.

Data is in high demand. But not as high as the people who can make sense of it.

A recent McKinsey study estimated a US short-fall of up to 190,000 people with deep analytical skills. Harvard Business Review agrees adding that 'Data Scientists' will be the 'Rock Stars' of the 21st century. In Australia, they're known as an actuary. They have the skills to dig beneath the rhetoric to find pure, honest insights hidden in business data. Insights which are then used to change businesses, industries and even countries.

Check out real world examples of actuaries in action.

Seeing the scale of mental health problems is important. Helping customers and insurers navigate them is essential.

Pointed insights for the expanse of big data.

The future of retirement is looking up.

How do you spend $5 trillion to ensure everyone has a comfortable retirement?

For super funds it safeguards liquidity. For retirees it safeguards their ultimate payday.

A view of lifetime outcomes helped NZ refocus welfare spending to where it really works.

By embracing data insights, bricks and mortar retailers are rediscovering rock solid profits.

Data powered insights are re-writing solar power policy.

By highlighting the risks, one asset management firm is seeing more than investor confidence grow.

Actuaries helped insurers assess flood risk by neighbourhood, rather than by likelihood.

Westfield is exploring the new frontier in customer knowledge.

Understanding global arrears rates trends ensures big 4 mortgage lenders have their houses in order.

Is your business making the most of new opportunities?

The makeup of the Australian workforce is complex. Each generation, from those just starting work to those now entering retirement, will have different levels and sources of wealth. For businesses, however, that complexity is an opportunity to identify new market niches and develop bespoke retirement products.

A retirement incomes report developed by actuaries ‘For Richer, For Poorer’ – offers an in-depth analysis of the diversity of retirement wealth and provides strategic insights into what types of financial products will best support future generations of retirees. If you’re in the retirement investment business, requesting a copy will help you identify gaps in your product suite and seize new opportunities.

The world isn’t black and white, but business decisions are. When you need clarity in a complex world, you need an actuary.

Read For Richer, For Poorer now.

Download For Richer, For Poorer which is the first White Paper in Australia to analyse a cross-section of age, gender, income and marital status inputs to build an intergenerational profile of the superannuation and retirement incomes system. It follows the ground-breaking “Australia’s Longevity Tsunami What Should We Do?” report by the Institute in September 2012 which intensified the debate about longevity risk.

Download Australia's Longevity Tsunami - What Should We Do?which provides holistic actuarial analysis of the Australian retirement incomes system and proposes a number of policy levers available to the government in addressing the problem, including modifying the Age Pension, superannuation and tax systems to ensure a more financially secure future for retirees.

Actuary Andrew Boal on designing attractive products for consumers following the Retirement Income Stream Regulations review.

Actuary Michael Rice on the challenges and opportunities in using mortality pooling to develop more desirable retirement income products.

Actuary Elayne Grace on actuarial insight into retirement income and spending challenges for different groups of Australians.

Actuary Nathan Bonarius on the need to address longevity and inflation risk in retirement income products for Australia’s ageing population.

See what we see

Actuaries In Action

The future of retirement is looking up.

Is your business making the most of new opportunities?