Suggestions
Andrew James
Director at PwC
Andy James is a prominent figure in the actuarial field based in the United Kingdom. He currently serves as the Director at PwC, leading the firm's northern actuarial practice.1
Professional Background
Andy James has an impressive career in the actuarial sector:
- Current Role: Director at PwC, heading the northern actuarial practice1
- Experience: The northern actuarial practice, which he leads, was established in 2007 and has grown to include 35 professionals1
- Previous Positions:
- Finance Business Partner at AXA
- Reporting Actuary at Marks & Spencer Financial Services
- Actuarial Student and Actuary at RSA
Education
Andy's academic background includes:
- Economics and Mathematics degree from The University of Sheffield
- MBA with Distinction from Manchester Business School
Expertise and Responsibilities
At PwC, Andy's role encompasses:
- Leading a team of 25 qualified actuaries and students in the northern practice
- Contributing to PwC's UK actuarial practice, which consists of over 300 professionals across various locations including London, Edinburgh, Bristol, Mumbai, and Manchester
- Specializing in auditing and consultancy services for insurance clients
- Providing advice to non-insurance sectors such as banks, corporates, and health providers
Andy James is open to discussions about actuarial careers and opportunities at PwC, offering assistance to those interested in the field or considering a transition to PwC.
Highlights
James Kay and I will be speaking at the IFoA Life Conference 2024 being held in Manchester from 14 to 16 October. We will use our first hand practical experience, market insights and publications following industry round table events to discuss:
- The impact of PS10/24 on firms.
- A summary of industry readiness ahead of first MA attestation submissions for YE24.
- The key challenges and decisions firms are facing when designing and implementing their solution, including setting Fundamental Spread additions.
- A look forward to how MA attestation solutions may evolve following the first MA attestation submission.
Book to join me there: https://lnkd.in/eiinx2Ud m_campaign=Life+Conference+2024
The PRA set out its final policy on funded reinsurance in Supervisory Statement 5/24 (SS5/24) on 26 July 2024. The PRA is concerned that the current growth in funded reinsurance transactions by UK life insurers, if not adequately controlled, could lead to a rapid increase of risks in the sector. The PRA’s expectations in SS5/24 come into effect immediately. The PRA expects insurers to perform a self-assessment against the expectations of SS5/24, and to provide the results to their PRA supervisor by 31 October 2024. The PRA will use the results from insurers to inform its supervisory engagement with individual firms.
Read our summary here:
