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Actuarial competence outside insurance industry
Evaldas Valeiša2018-08-25
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Personal work career
Non-life Life insurance Oil & Gas
2 years 18 years 1 year
Risk managementActuarial
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KN oil terminal
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Main challenges
• Operational safety• Business risk
• Clients• Competition & market development
• Reputation risk• Control over development projects
Is there a need for actuarial or risk management competence?
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KN LNG terminal
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Main challenges
• Operational safety• Business risk• Reputation risk
Is there a need for actuarial or risk management competence?
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KN LNG terminal development projects
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Main challenges
• Business risk• Reputation risk
Is there a need for actuarial or risk management competence?
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Conclusions
• Businesses outside insurance world are interesting and full of challenges• Actuarial competence is of little use in Oil & Gas industry• Risk management competence has more applications
It’s fun and highly interesting exploring other industries at least for your own development!
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Thanks!