People Moves
Shamim Ashraf joins The Actuarial Recruitment Company after five years with Tillinghast — Towers Perrin. With both life and general insurance experience, he’ll be focussed on developing The ARC’s graduate and undergraduate recruitment offering through the newly formed Actuarial Placement Company. Chris Cannon has been appointed as a partner by The ARC, responsible for life, pensions and investment recruitment. He joined in July 2006 from IBM, having previously worked for several UK direct life insurers.
Paul Brett has started 2008 in his new role as chief actuary of MetLife UK having moved from Gen Re LifeHealth. He will split his time between MetLife’s risk and protection operation in Reading and their retirement and savings operation at Canary Wharf.
Hewitt Associates has announced the appointment of Andrew Sweeney as leader of the corporate pension consulting team in its Leeds office. Sweeney joins Hewitt after 28 years at Mercer Consulting where he held several positions, most recently as a principal advising trustees, employers and individuals on a wide range of issues ranging from benefit design to risk management.
UK LV= has announced that Keith Abercromby, group finance director, has been appointed as an executive director to its board. Prior to joining LV=, Keith Abercromby was finance director of Norwich Union’s life division. He also held a number of roles at HBOS, including managing director of Halifax Life, finance director of HBOS Financial Services, and latterly as finance director of HBOS’s Insurance and Investment Division.
LV= has also announced the appointment of Ian Reynolds as a nonexecutive director. Mr Reynolds is an actuary with many years’ experience in the insurance industry, including a number of senior positions with Royal Insurance and Commercial Union.
Equitable Life Assurance Society has announced the appointment of Tim Bateman as executive director with effect from 1 January 2008. Tim has been with the Society since 2004 and has held the posts of with-profits actuary and actuarial function holder. He was appointed general manager (finance) earlier in 2007. Tim also has experience of consultancy with PwC and was also appointed actuary for Sun Life Assurance Company of Canada (UK) Ltd until 2004.
Hymans Robertson has strengthened its actuarial team in London with the appointment of Steven Baxter as a development actuary. Joining from Hewitt, where he spent the first eight years of his career, Baxter will focus on developing mortality consulting services, as well as broader qualitative modelling and actuarial systems.
With effect from 21 December 2007, the business and all staff of Kerr and Company have transferred to Pope Anderson LLP Actuaries and Consultants. This follows the retirement from the company due to ill health of Peter Kerr who set up the business 16 years ago. The firm will be under the new management of Peter’s previous partners, Ian Pope and Paul Anderson.
Buck Consultants has announced that Duncan Kinnear has joined the company. Duncan, who will be based in the London office, has more than 20 years’ experience as an actuary and pensions consultant to a wide variety of trustee and corporate clients. He joins from HSBC Actuaries and Consultants Limited and has also worked for Mercer in both Leeds and London.
Friends Provident announced on 29 January that Trevor Matthews, previously head of the UK life and pensions business of Standard Life, would be joining the company as chief executive.
Bermuda-based St George Re has been created to write insurance designed specifically to remove uncertainty and provide resolution to historical corporate asbestos risk. Chief actuary is Kate O’Reilly who has experience in asbestos reserving, underwriting, and pricing, having been a member of Tillinghast’s London Asbestos Pollution Hazard team.
Paul Shallis has joined KPMG in London to advise clients on all aspects of product development, pricing, management and strategy. He joins from MetLife where he was chief operating officer, responsible for the UK retirement and savings business. Prior to that, he was head of life and pensions for AIG Life, and formerly with Legal and General for 12 years in a variety of roles.
Ernst and Young has announced the launch of a new dedicated team to provide pensions advice to corporate clients. The team comprises actuaries and advisors with a range of experience and skills and is headed up by Terry Simmons who joined in January from PricewaterhouseCoopers.
Bestrustees has appointed Graham Wardle as a director. He has been an associate with the firm since 2006, when he joined after a 30-year career at Mercer.
Martin Lunnon, a former editor of The Actuary (1995 to 1997), is one of four new appointments to the post of chief actuary at the Government Actuary’s Department. Martin, along with David Hughes, Stephen Humphrey and Ken Kneller will be leading divisions within GAD.
Lesley Wyper has joined recruitment specialist Acumen Resources with a brief to develop business and support candidates in the UK and continental Europe.
Andrew Young, deputy government actuary and author of the review into the funding of the Financial Assistance Scheme, has been seconded to the Personal Accounts Delivery Authority.
Standard Life has appointed Paul McNamara as group strategy and corporate finance director. Paul was previously marketing and distribution director at HBOS.
Please send news of recent appointments to peoplemoves@the-actuary.org.uk
