Shortcut to success
What happens when teams are forced to make a lot of decisions and come up with a ‘best estimate’ in a hurry, which is clearly outside their comfort zone. Management are clearly driving for an answer they ‘want to hear’ on order to win some business.
This video is set in a risk management context and Susan, a Risk Actuary, is faced with a dilemma when asked to give the go-ahead of a new product in the absence of the Chief Risk Officer and under pressure from the Financial Director.
To sell or not to sell
TJ is an actuary working for a pensions consultancy, known for his fast and accurate work. TJ finds the relentless pressure to sell to clients a bit distasteful, however, he finds himself under ever increasing pressure from his boss to sell the latest asset-liability modelling suite of programmes to a client he is due to meet next week – whether the client needs it or not!
A level playing field
This video deals with conflicts of interest. The Chief Actuary is ‘pushing’ his friend’s product – or is that just Martine’s ‘perception’ of the situation? She ‘thinks’ but she doesn’t ‘know’. It could be a good product but she is being put under intense pressure to ‘get it sorted’, plus she has so many other things to sort out on her other projects.
Follow Up - Does this add up? - Overview
Sara has been providing advice to pension scheme clients who want to make medium to long-term plans to bring their scheme into a funding position. The team have been developing a new model which is relatively untested. Her client is keen to use the software but doesn’t want to pay for testing or controls.