A Risky Business: An Actuary’s Guide to Quantifying and Managing Risk in Society

Gives a holistic view of the actuarial profession with core concepts and case studiesSheds light on how, why and when risk needs to be managed and the challenges of doing so
Discusses current issues such as climate change, ageing populations, private and governmental models of healthcare and globalizationExplores how actuaries play a role in finding solutions to mitigate ongoing challenges

Catrin Townsend is a qualified actuary (a Fellow of the Institute of Actuaries) and data enthusiast. In this book, she draws on her experience of pricing and reserving roles in general insurance, in both Lloyd’s syndicates and global insurers. Since earning a first-class degree in Mathematics, Operational Research, Statistics & Economics from the University of Warwick, Catrin has worked with a range of insurance products and is currently leads a pricing team at a global insurer. She also leads and runs training courses on the theory and application of statistical modelling, and is a career ambassador for the Institute and Faculty of Actuaries. Catrin lives in Surrey with her husband (who is also an actuary) and two children.