Testimonials

New testimonials from Mick O’Brien CEO of Equity Trustees and Kent Griffin CFO of TAL.

Now recruiting – Actuary Principal, Actuarial analyst

McGing Advisory & Actuarial is expanding. We are recruiting for two roles: An Actuary to take a Principal role and an Actuarial Analyst. Melbourne based. Applications close 8 September 2017. Download pdf for details.

Upcoming conference speaker roles

Sean is presenting at a series of IBR conferences in Melbourne from August to October on these topics (brochures are available for each conference via the links):

Unit Pricing Forum

On 15 August 2017 Sean participated in IBR’s Unit Pricing Forum in Melbourne.

Sean presented on “The Profile of Unit Pricing within an Entity – Risk Awareness & risk Management”.

Sean stated categorically that Unit Pricing is a risky business! On the profile of unit pricing, any organisation calculating or using unit prices, wants the public profile of unit pricing to be very low, but paradoxically needs the profile within the entity to be extremely high, so that Directors, management and staff are fully aware of the risks and have the incentive and resources to manage and mitigate those risks comprehensively.

In the presentation, Sean explored:

  1. Whether the risks are genuinely understood?
  2. Is an enterprise-wide risk register appropriate?
  3. How to raise awareness of risk?
  4. Policies.

This was followed by a deep dive into unit pricing Operation Risks for each of People, Systems and Processes, as well as consideration of Financial, Strategic, Reputation and Legal & Regulatory risks. This listed the major risks in each category and how to prevent or mitigate them. Download the Presentation (524kb)

Sean also sat on 2 panels which discussed:

  • The need for daily unit pricing
  • The critical role of the unit pricing services of the Administrator / Custodian

Risk Culture – Board and Trustee perspectives

On 22 May 2017 Sean presented to the Actuaries Institute on the Summit theme of Think Differently. He noted the need for actuaries as advisors not just to think differently, but to influence others to think differently, and make it happen. Sean shared his own (different) personal journey learnings, with examples from his role as Board Risk Management Committee Chair, as an investment advisor and as actuary and business advisor to Boards, and to Trustees of Super Funds.
Download a copy of the Presentation

Conduct Risk

On 27 March 2017 Sean presented on How Culture and Board Leadership affect Conduct Risk at the IBR Compliance Culture and Conduct Risk Conference in Sydney. You can download a copy of the presentation.

APRA Insights on Risk Culture

On 21 March 2017, Sean’s article reviewing Fahmi Hosain’s presentation and discussion on APRA and Risk to the Actuaries Institute was published in Actuaries Digital.

Return to MGAA full time – Completion of TAL Contract as Head of Actuarial Systems

In November 2016, Sean returned to McGing Advisory & Actuarial full time, two years after he was appointed Head of Actuarial Systems for TAL on a part time contract basis. TAL had grown rapidly to become Australia’s largest life insurer, and had needed a mix of actuarial, systems/IT, life insurance and business skills to ensure optimal short and long model projection and reporting capabilities going forward. Sean established, built and led this area, working closely with the CFO, Chief Actuary and others. It was a very positive experience seeing and supporting a positive, team based organisational culture.

Retirement Income Costs

On 17 August 2016 Sean presented at the IBR Post-Retirement Conference in Sydney on the topic of “Reducing Retirement Income Costs”.
You can download Sean’s presentation Reducing Retirement Income Costs.

Enterprise Risk Management

On 17 May 2016 Sean chaired the Risk Management Practice Committee’s concurrent session at the Actuaries Institute Financial Services Forum in Melbourne. The focus for the session was a presentation and panel discussion on “Hot Topics in Enterprise Risk Management – in Financial Services and Beyond”.

More information can be found in the Actuaries Institute’s pdf Current challenges facing risk management teams

Consumer Investment Risk

On 16 May 2016 Sean presented at the Actuaries Institute Financial Services Forum in Melbourne on the topic of “Managing the Consumer’s Investment Risk”.

The presentation can be found in the Superannuation & wealth management, insurance Section of our Publications page

The Risk Landscape

In April 2016 Sean presented to the APRA Friendly Societies Liaison Group (CEOs, CROs, Appointed Actuaries and Appointed Auditors). The focus of Sean’s presentation was “Changes in the Risk Landscape for Friendly Societies”.

The presentation can be found in the Enterprise Risk Management, Boards Section on our Publications page.

Enterprise Risk Management

On 17 May 2016 Sean will be the Chair for the Risk Management Practice Committee’s concurrent session at the Actuaries Institute Financial Services Forum in Melbourne. The focus for the session is a presentation and panel discussion on “Hot Topics in Enterprise Risk Management – in Financial Services and Beyond”

More information can be found on the Actuaries Institute website

Consumer Investment Risk

On 16 May 2016 Sean will present at the Actuaries Institute Financial Services Forum in Melbourne on the topic of “Managing the Consumer’s Investment Risk”.

More information can be found on the Actuaries Institute website