First fellow to qualify through SA0
First fellow to qualify through SA0 Daniel Clarke, pictured right, has become the first actuary to qualify as a fellow of the Institute by completing the Specialist Applications Dissertation (SA0) module.
The module allows a candidate for fellowship to undertake some original research as an alternative to one of the Specialist Applications subjects set by the Profession. After working as a pensions specialist, Clarke returned to university to study for an Master of Philosophy in development economics, which required him to produce a dissertation.
The subject of his dissertation, Ambiguity aversion and insurance, was motivated by the idea of providing rainfall insurance in developing countries. He was able to adapt it to satisfy the requirements of the SA0 module. Clarke said: “Like most actuaries, I try to help people manage their risks. Working alongside development economists on issues affecting people with very low incomes is challenging but it is important.”
He is currently a doctoral candidate in economics and part-time lecturer in actuarial science at Oxford University. In April, Clarke will move to Washington DC to work at the World Bank as part of a team developing rainfall insurance. For more information on completing an SA0 module, please visit www.actuaries.org.uk/Display_Page.cgi?url=/students/alt_study.html
Daniel Clarke
