Ah Hock: “You Wonder Woman la. We are Iron Man & Blank Panther is it?”
Muthu: “Wakanda forever!”
Puteri: “Guys, come on. Remember, the Actuary who is only an Actuary is Not an Actuary”
Silence
Muthu: “It will look good on our resume”
Ah Hock: “Alright, you win Puteri”
Puteri smiles happily.
Ah Hock: “We are giving actuarial advice, so the foundations must be solid.”
No.5 – Assurance of Ethics, Accountability and High Standards of Competence
“The Code of Professional Conduct sets forth what it means to be an actuary and indentifies the responsibilities we have to the public, our clients and our profession. This includes Professional Integrity, Standards of Practice, Communications and Disclosure, and others.
Precept 1 (SOA) starts with an ‘an actuary shall act honestly’. I suggest we memorise these.”
No.6 – Robust Problem Solving Approach
“The Actuarial Control Cycle should be followed as our guiding conceptual framework. This is a rigorous & robust problem solving approach actuaries follow.”
Muthu: “We should have a senior actuary to guide us. I’ll email Ricky Neo, founder of Neo Actuarial Solutions”
Ah Hock: "I hope we get a reply"
Puteri, Muthu and Ah Hock grin nervously.
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