Future Meetings
| Date |
17 March 2010 |
| Time |
09:30 am to 12:00 noon |
| Location |
IRM Office, 6th floor, 6 Lloyd's Ave, London, EC3N 3AX |
| Topic |
Operational Risk Modelling - what is the point?
What is best practice?
Debate on utility of external databases and options? |
| Speakers |
Dan Wilkinson - Head of Risk, Compliance and Operations, Travelers
Daniel Butler - Head of Operational Risk, Aon Financial Services Group
Mariano Selvaggi - ORIC |
| Date |
21 April 2010 |
| Time |
9:30 am to 12:00 noon |
| Location |
IRM Global Risk Management Professional Development Forum, Keele University |
| Topic |
Can actuaries and risk professionals learn to love each other?
- What is the role of the risk function in overseeing the Internal Model>
- Should actuaries be risk prpfessionals?
- Should risk professionals be actuaries?
- Is there a new hybrid quant-literate risk professional developing? |
| Speakers |
Martin Massey, Chartis
David Wong, PwC
Keith Bevan, KPMG |
| Date |
21 May 2010 |
| Time |
9:30 am to 12:00 noon |
| Location |
IRM Office, 6th floor, 6 Lloyd's Ave, London, EC3N 3AX |
| Topic |
Solvency II - talent identification, development and retention - a view from Search professional |
| Speakers |
Emma Mcconachie, Talent 2
Carolyn Williams, Development Manager, Institute of Risk Management
Loraine Silvester, Kinsey Allen International, Risk & Compliance (formerly GRS Risk)
Nick Quickly, LPI 2 |
| Date |
30 June 2010 |
| Time |
9:30 am to 12:00 noon |
| Location |
IRM Office, 6th floor, 6 Lloyd's Ave, London, EC3N 3AX |
| Topic |
Risk Appetite - How to use the concept in practice in Solvency II world? |
| Speakers |
Richard Anderson, Managing Director, Richard Anderson & Associates and IRM Director
Peter Johnson, Risk Manager, MDDUS
Plus another speaker (to be announced) |
| Date |
12th July 2010 |
| Time |
9:30 am to 12:00 noon |
| Location |
IRM Office, 6th floor, 6 Lloyd's Ave, London, EC3N 3AX |
| Topic |
Taking the stress out of stress testing |
| Speakers |
Gurpreet Johal, Deloittes
Phil Whittingham, European Risk Manager XL Group + SIG Chairman
|
Group contact details
Chairman: Philip Whittingham on philip.whittingham@xlgroup.com
Secretary: Alex Hindson on Alex.Hindson@amlin.co.uk.
Group aims and objectives
To inform the risk management community, with particular reference to members in the insurance industry, of developments in Solvency II which have an impact on the risk management community in terms of the potential impact on risk management frameworks and also on the function, role and responsibilities of the risk management function.
It shall do this through:
1. Building best practice - to develop and/or share best/good practices on design, implementation and embedding of risk management framework / process/ techniques associated with Solvency II.
2. Encouraging networking - to ensure risk management professionals in insurance industry have a strong network of peers to interact and engage with
3. Seeking dialogue - building bridges with other professions/ professional bodies with an interest in Solvency II (eg actuaries, audit, accountancy) to ensure that risk management perspectives are broadly integrated into wider perspectives on Pillar II of Solvency II
In addition the SIG shall provide a voice for the risk management community to respond to the Solvency II process through responding to the consultations issued by CEIOPs (or others such as the ABI) on behalf of the IRM to ensure that the views of risk management professionals are taken into account in the consultation process.
Activity
Meetings three times per year - at each meeting there will be:
- a presentation on a topic of relevance
- discussion of current outstanding consultation papers and the IRM's response to these
Articles for the Institute's magazine
Presentations at the Risk Forum
Drafting and circulating responses to the consultation papers
Recent Meetings
| Date |
16 February 2010 |
| Topic |
What does an ORSA look like?
How would an ORSA process operate?
How to gauge the level of detail to include in an ORSA report?
Setting the boundaries between Internal Model and ORSA? |
| Speakers |
Jim Bichard, Partner, PwC
Roger Dix, CRO, Liverpool Victoria (LV)
Rick Lester, Partner, Deloittes
Michael Crawford, Associate Partner, Financial Risk Management, KPMG |
| Downloads |
Survey findings
Minutes |
| Date |
9 December 2009 |
| Topic |
Role of Risk Function, CRO skill set and project resourcing
What is the role of a risk function in a Solvency II world?
What are the skills sets, behaviours and competencies required of a CRO?
How are organisations resourcing the Solvency II programme? |
| Speakers |
Gina Butterworth - Director & Risk Officer, Chaucer plc
James Illingworth, Chief Risk Officer, Amlin plc
Stephen Kelly - Risk & Capital Mgt Practice Leader, Grant Thornton |
| Downloads |
Findings of Survey 2 - Role of risk function, skill set of CRO and resourcing of programme
Survey data
Minutes |
|
