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Scott Collings
Areas of Expertise
- Appointed Actuary
- Dynamic Financial Analysis (DFA)
- Risk Margins
- Capital Management frameworks
- Reinsurance analysis and program design
- Stochastic asset return modelling
Description of Relevant Experience
Scott is a Principal of Finity. During his 24 years of general insurance consulting, Scott has been responsible for delivering actuarial advice across the spectrum of general insurance products with particular emphasis on reserving, pricing and capital management advice. Scott is currently the Appointed Actuary for two insurers: Wesfarmers General Insurance and RACQ Insurance.
Since 1997 Scott’s responsibilities have included leading the firm’s Volatility and Capital Management practice. Within this practice Scott has been responsible for delivering advice with a strong focus on capital management issues including the development of operational capital targets, risk-based allocation of capital to business units and product lines, asset mix optimisation, analysis and restructuring of reinsurance programs, risk margins, as well as dividend strategy. Scott’s practice area is one of the leading providers of consulting services in the field of Dynamic Financial Analysis.
Scott has spoken at numerous industry and professional seminars and has written papers on a range of topics including: the use of stochastic models to determine prudential margins, the investment management practices of non-life insurers, the role of stochastic modelling in capital management and an assessment of current theory and practice in the setting of profit margins and return on capital targets in the non-life insurance industry.
Scott is a member of General Insurance Practice Committee of the Institute of Actuaries of Australia and currently leads the LAGIC taskforce responding to APRA’s proposed regulatory capital framework.
Qualifications
- Fellow of the Institute of Actuaries of Australia, 1994
- Bachelor of Electrical Engineering (Hons), University of NSW, 1988
Work History
- 2005 to present: Finity Consulting – Principal
- 2000 to March 2005: Trowbridge Deloitte – Partner
- 1989 to 1999: Trowbridge Consulting (Principal from 1996)
- 1988 to 1989: Trowbridge Tillinghast – Actuarial Analyst
