What are the Actuaries’ primary roles in financial institutions?

 Financial products pricing  Financial institutions reserve valuation

 Insurance Companies: Life, Property and Casualty, and Health  Pension consultant companies

 Financial risk management  Primary reasons of financial institution ruins in the last 20 years:  Lack of diversifying of assets  Assets and liabilities in and out cash flows mismatching

 Financial Engineer (Backroom Quantitative Geek)  CERA (Chartered Enterprise Risk Analyst)  Companies hire Financial Engineers, or CERA  Banks  Investment Companies  Venture Capital Investors  Other Financial Institutions

 Society of Actuaries (SOA): soa.org  Casualty Actuarial Society (CAS): casact.org  American Academy of Actuaries (AAA): actuary.org  Canadian Institute of Actuaries (CIA): cia- ica.ca

 Req/default.aspx Req/default.aspx  ASA: Associate of Society of Actuaries  req/edu-asa-req.aspx req/edu-asa-req.aspx  VEEs: Validation by Educational Experience: Economic (two courses), Corporate Finance (two courses), and Applied Statistical Methods (two courses)

 ourseListing.aspx?sc=9008&sd=National%20Tai wan%20University&VEE=displayonly ourseListing.aspx?sc=9008&sd=National%20Tai wan%20University&VEE=displayonly  NTU

 Probability  Financial Mathematics  Model for Financial Economics  Model for Life Contingencies  Construction and Evaluation of Actuarial Models

 Fundamentals of Actuarial Practice  Associateship Professionalism Course (APC)

 VEEs : Economic and Corporate Finance  Exams: Probability, Financial Mathematics, Model for Financial Economics, Construction and Evaluation of Actuarial Models, and Enterprise Risk Management.  e-Learning module courses: Fundamentals of Actuarial Practice, and Enterprise Risk Management.  Associateship Professionalism Course (APC)

 2 five-hours and 1 two-hour written essay exams, 3 e-Learning modules  Fellowship Professionalism Course (FPC)

 Corporate Finance and ERM (CFE)  Quantitative Finance and Investment (QFI)  Individual Life and Annuities  Group and Health  Retirement Benefits  General Insurance (Property and Casualty)

  ACAS: Associate of Casualty Actuarial Society  VEEs: Economic, Corporate Finance, and Applied Statistical Methods

 Probability  Financial Mathematics  Model for Financial Economics  Model for Life Contingencies  Model for Stochastic Processes and Statistics  Statistics and Probabilities Models  Construction and Evaluation for Actuarial Models

 Basic Techniques for Ratemaking and Estimating Claim Liabilities  Regulations and Financial Reporting (Nation Specific) (Chinese Taipei, U.S. and Canada)

 Risk Management and Insurance Operation  Insurance Accounting, Coverage Analysis, Insurance Law and Insurance Regulation  CAS course on Professionalism

 Exams (written essay exams) Estimation for Policy Liabilities, Insurance Company Valuation, and Enterprise Risk Management Advanced Ratemaking Financial Risk and Rate of Return

 Exams: (written essay exams)  Estimation for Policy Liabilities, Insurance Company Valuation, and Enterprise Risk Management  Financial Risk and Rate of Return  Enterprise Risk Management Specialist Technical

 Enterprise Risk Management and Modeling

 English language communication proficiency: oral and written  Computer languages proficiency: Excel (including macros, preferable with knowledge of Visual Basic), Fortran 90, SAS Enterprise (including procedures), C++, Perl, and JCL

  Entry level position with one exam: 50K  FSA or FCAS with 20 years experience: from 150K to 400K

 My address: