Show notes
My guest for Episode 100 is David Wilkie, CBE, FFA, FIA, FSS, FIMA, Hon D Sc, Hon D Math, Chairman at InQA Limited. The theme for the episode is 𝗔𝗰𝘁𝘂𝗮𝗿𝗶𝗲𝘀 𝗶𝗻 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 - 𝗣𝗮𝗿𝘁 𝟮.David and I covered the following topics in 𝗣𝗮𝗿𝘁 𝟭 of this historic episode:✅ David’s early childhood and formative years✅ What motivated David to become an actuary✅ Building a strong foundation for academic research✅ Mortality forecasting for the Committee of Mortality Investigation✅ Early development of life and annuity tables✅ The Financial Times Actuaries British Government Securities Indices✅ Multi-state modeling for income protection insurance✅ Mortality modeling for the COVID-19 Working Party✅ Promoting the power of programming as an early adopter✅ The evolution of programming in insurance and risk management✅ The most significant development in the actuarial profession𝗣𝗮𝗿𝘁 𝟭 Time Markers2:34: Early years in Glasgow, education in Lancaster and Cambridge, and national service. 8:24: First actuarial role at Allianz Life in Stuttgart, actuarial exams, and qualification journey.10:15: First programming experience with Ferranti Pegasus computer at Standard Life. 20:03: Early involvement with the Committee of Mortality Investigation (CMI). 22:23: Writing Fortran programs to produce graduated mortality tables. 24:58: Gompertz-Makeham model for force of mortality. 27:31: Developing share indices for the Joint Investment Committee. 32:35: Multi-state modeling for income protection insurance and epidemics. 43:04: Using historical mortality rates in Sweden, Spain, and Switzerland for COVID-19 modeling. 45:17: Fitting Lee-Carter model to population data and using time series to analyze time coefficient.48:10: Using mixture models to account for kurtosis in COVID-19 data. 51:44: Using stochastic methods for modeling small pension funds. 54:02: Programming and coding today.56:06: The impact of computers on the actuarial profession. If you are an actuary interested in research, modeling, and programming, you want to listen to this.My Website: maverickactuary.com