Date & Time



Munich Re Training Centre, 20 Collyer Quay, Singapore 049319 (Level 12)

Maximum Qualifying Hours



STRICTLY for SAS members only!!!


Dear Members,


We are pleased to share with you a training seminar by Gavin R. Maistry from Munich Re to improve decision making and judgement in insurance risk assessment.


A key component of insurance risk assessment decisions is qualitative judgment, in addition to quantitative analytical modelling. In the training of insurance actuaries/underwriters, great strides have been made on the analytical side (e.g. Math & Stats courses). However, the training of decision making, both intuitive and deliberate, has largely been ignored. The seminar would firstly involve collecting some self-ratings at the start of the workshop; then taking a pre-training work sample test based on insurance risk situations. This would then be followed by analysis of the test questions with the trainer plus training on the rules underlying good underwriting decisions. Finally, a post-training work sample test based on insurance risk situations will be conducted. Participants will be informed on the overall effectiveness of the training programme to improve underwriting decisions. Please note that participation would be totally voluntary and on an anonymous basis (we will not be collecting names or other personal data) and with full confidentiality.




Date    : 26th August 2019, Monday


Time    : 3.30 – 6.00pm (registration for the 1st half hour and the training will start promptly at 4pm)


Venue  : Munich Re Training Centre, 20 Collyer Quay, Level 12, Singapore 049319

(attendees have to exchange for a visitor pass at Level 1. Kindly inform the Building Concierge that you are heading to Level 12 for training.)


Cost     : Free. The seminar is open to SAS members only.


Target Audience          : Student Actuaries (i.e. non-Fellows)


No. of Participants      : 20 - 36pax


Registration Link         : click here to register!!!




Gavin R. Maistry is the Chief Actuary and Chief Risk Officer for Munich Re's Life and Health business in Asia Pacific, Middle-East and Africa. He also assumes a Regional CRO role for the Non-Life business in India; SEA; Japan & Korea. He has been with Munich Re for 11 years. Currently, he is over-seeing an expanding team of professionals and actuaries who are involved in insurance product developments, portfolio management, risk modelling, pricing, experience studies, underwriting and claims. His insurance career started at direct company Old Mutual in South Africa, where he worked in various actuarial product development and pricing roles.


Prior to Munich Re, Gavin has worked as a Corporate Actuary and Regional Pricing Actuary for Swiss Re in Zurich for close to 8 years. He had held earlier Client Management roles for Partner Re's Life business in United Kingdom, Israel and South Africa. Gavin holds the Fellow of the  Society of Actuaries (FSA) and Chartered Enterprise Risk Analyst (CERA) designations from the US Society of Actuaries. In addition, he is a Fellow of the Singapore Actuarial Society (SFAS) where he earlier chaired the Education Committee. Gavin is CFA Charterholder and a graduate of the University of Cape Town and University of Natal in South Africa. Gavin now holds Singapore citizenship and is based in Singapore.


Thank you


Zhou Erjie

Chair, Education and Career Committee

Singapore Actuarial Society