16 March 2008www.the-actuary.org.ukNewsProfessionStewart Ritchie, president of the Faculty of Actuaries, welcomed new fellows to the Faculty at a ceremony on 4 February at Maclaurin House in Edinburgh. Hailing from the UK, Ireland and India, the 28 men and women celebrated becoming fully quali64257 ed actuaries. Stewart told them: 8220You are joining a profession. That means that you must consider your responsibility to the public. You will ful64257 l that responsibility if you keep your knowledge up to date, you do your best and act in good faith with everyone you deal with. 8220The Faculty8217s motto is 8216ad 64257 nem 64257 delis8217 8212 faithful to the end. If you obey this motto you will not go far wrong.8221News in briefLegal Principles: What Can Go Wrong?This interactive one-day workshop will help you develop your knowledge and understanding of legal principles that can impact your actuarial work. Designed for the Profession by the College of Law it will appeal to actuaries looking for an insight into legal matters that affect their work. Places are limited to 20 per date. For more details, please visit wam.actuaries.org.uk/wam/ConfBooking.exeGet networkingRisk management will be the theme of a networking evening organised by the Finance, Investment and Risk Management practice area. Marcelo Cruz, formerly of Lehman Brothers in New York, will speak about his new role as chief risk of64257 cer at Aviva, and Colin Ledlie, chief risk of64257 cer at Standard Life and previously appointed actuary, will speak about his experiences and the challenges of a move from a traditional actuarial role to the risk management function. The networking evening is on 12 May at Staple Inn Hall. For more details, please contact Mark Symons on +44 (0)20 7632 2133 or mark.symons@actuaries.org.ukPrivate Medical InsuranceThe Health and Care Reserving Working Party will be presenting the results of a Private Medical Insurance reserving survey on 17 April at Staple Inn. For more information or to book a place, please contact Neil Hilary on +44 (0)1865 268241 or neil.hilary@actuaries.org.ukILC-UK and Actuarial Profession joint seminarIf you missed last November8217s talk and panel discussion on Successful Ageing and Social Interaction 8212 A Policy Brief by Emily Grundy, Astrid Fletcher, Sarah Smith and Donna Lamping (London School of Hygiene & Tropical Medicine), you can now download a summary from the ILC8217s website at www.ilcuk.org.uk/64257 les/pdf_pdf_43.pdfJan/Feb distributionDue to a mailing error, some members may have found that their copy of the Jan/Feb 2008 edition of The Actuary was incorrectly labelled. A second mailing has taken place to rectify the problem, however if any member is still without a copy, please contact sultan.arif@incisivemedia.com to arrange redelivery. Please note that a page-turning electronic version of the magazine is also available at www.the-actuary.org.ukNick Dumbreck, president of the Institute of Actuaries, right, presents Paul Lucas with the International Underwriting Association General Insurance Fellowship prize for his performance in the April 2007 examination diet.Dinner is served at the Natural History MuseumThe Institute of Actuaries8217 Biennial Dinner takes place in the Great Hall of the Natural History Museum on 29 April. The 64258 agship social event of the English actuarial calendar, the dinner is an ideal opportunity for members to socialise with clients in a relaxed setting and/or treat their staff to a prestigious night out. Spouses/partners are welcome to attend. Tables of eight are available at 163985 plus VAT. Single tickets are available at 163125 plus VAT. For more details, or to discuss discount or sponsorship arrangements, please contact Andrea Tsarbos on +44 (0)20 7632 1451 or andrea.tsarbos@actuaries.org.uk. To book, please visit www.actuaries.org.ukSocial board changesWith the Profession8217s new structure taking effect from 1 March, the work and responsibilities of the social board are also changing. The health and care committee becomes the health and care executive practice committee, a free-standing body representing actuarial work in health and care alongside the other practice committees. This will be chaired by Sue Elliott, with Bill Baker as deputy chairman. The pandemics working party becomes a sub-committee.As with other practice areas, some of the other committees and groups that previously reported to the social board will become member interest groups 8212 this includes the ageing population group, damages working party, environmental research group and the 64257 nancial consumer support committee. They will contribute to the Profession8217s public interest and external affairs programme.Faculty of Actuaries welcomes new fellowsJan/Feb distributionDue to a mailing error, some members may have found that their copy of the Jan/Feb 2008 edition of was incorrectly labelled. A second mailing has taken place to rectify the problem, however if any member is still without a copy, please contact 574175743757434574175740557402573655741057398574045739857423574065741157402573655740357412574155736557417574055740257365573985740057417574185739857415574065739857409573655741357415574125740357402574165741657406574125741157398574325744957450574305744757454574075743057443573805740357434574315736557383573815738157389573985743257449574505743057447574385743457448573655736557438574435736557433574345744257430574435743357365573655740557444574525736557452574385744157441573655745457444574505736557365574485744957430574435743357365574445745057449573655743557447574445744257365573655744957437574345736557432574475744457452574335739657400574305744757434574345744757448573655743557444574325745057448573915736557402574305744857454573655744857449574345744557448573655744957444573655743157434574495744957434574475736557438574435744957434574475745157438574345745257448573655749757365574125744557445574445744757449574505744357438574495743857434574485736557430574315744757444574305743357365574975736557384573855736557445574305743657434574485736557444574355736557439574445743157448573655743857443574485743857433574345741357450574315744157438574485743757434574335736557438574435736557409574445744357433574445744357365574315745457365574495743757434573655741657449574305744557441574345736557406574435744357365573985743257449574505743057447574385743057441573655741657444574325743857434574495745457452574525745257379574495743757434573785743057432574495745057430574475745457379574445744757436573795745057440001_Actuary_Cove
r_0108.indd 116/1/08 10:13:35Faculty president Stewart Ritchie, front row, centre, with the new fellows.016_Actuary_Profession_0308.indd16 1619/2/08 13:55:14
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