- The skills of actuaries helped keep the insurance industry out of the headlines during the "enormous economic storms" (pulling a rabbit out of an empty hat for an encore I guess...)
- Acknowledges that Solvency II does not require an actuarial function to be run by an actuary
- "...Many [actuaries] will expect to be able to find employment in the risk function
- Lines up a few soft skills which will need to be enhanced in this regard (improved comms and decision making understanding, as well as "becoming more risk focused")
- Skills from the CERA qualification "should open up a whole range of career opportunities for those who take up the challenge"
- Looking to define (with CERA) "the distinctive contribution that actuaries provide as practical, mathematically skilled, rigorous and regulated risk professionals"
* I say this somewhat reluctantly as someone who, thanks to a rugby players errant knee, literally has his nose out of joint currently!