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Derek Pike

Derek Pike

Actuarial Manager

Followers of Derek Pike401 followers
location of Derek PikeGreater London, England, United Kingdom

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  • Timeline

  • About me

    Life insurance actuary

  • Education

    • The High School of Glasgow

      -

    • University of Glasgow

      -
      B.Sc. Maths.& Nat.Phil.

      Activities and Societies: University orchestra

  • Experience

    • General Accident Linked Life Assurance

      Jan 1981 - Jan 1987
      Actuarial Manager

    • Bacon & Woodrow

      Jan 1987 - Jan 1999
      Consulting actuary

    • Actuarial Summer School, Warsaw

      Jan 1992 - Jan 1995
      Lecturer

    • Windsor Life

      Jan 2001 - Jan 2002
      Pensions Review

    • Abbey National Financial & Insurance Services

      Jan 2003 - Jan 2005
      Various roles

    • Scottish Provident

      Jan 2004 - Jan 2009
      Supervisory Committee

      This non-exec committee had wide responsibilities that included the duties of a with profits committee, but also investment policy, hedging strategy, bonus rates and risk management.

    • KPMG

      Jan 2005 - Jan 2005
      Reviewing actuary

    • AXA

      Jan 2005 - Jan 2006
      Manager, Embedded Value team

    • Financial Reporting Council

      Jan 2006 - Jan 2008
      Actuarial Standards

      Directing projects for the BAS to develop technical standards

    • Aviva plc

      Jun 2009 - Sept 2016
      Economic Capital and Life Reporting Methodology

       Solvency 2 Programme for Europe, ensuring that the internal model systems and processes in 11 countries will be fit and ready to comply with Solvency 2 requirements. Implementing new frameworks for capital allocation and risk calibration Reviewing and co-ordinating calculations of economic capital across Europe, analysing the systems and processes, designing modifications for industrialising them, and implementing a new calculation kernel. Reviewing technical papers on Life Technical Provisions for the Aviva Group.  In Group Finance, interpreting financial and actuarial information (particularly MCEVs) from a business perspective and providing expert actuarial advice to senior executives, in order that information is communicated effectively to both internal and external stakeholders . Show less

    • Phoenix Group

      Nov 2016 - Apr 2017
      Actuarial reporting

    • LIC

      Jan 2017 - now
      Independent Advisor

      Non-exec With Profits Advisory Arrangement (SMF15) to UK Branch of Life Insurance Corporation of India.

    • Aegon

      Feb 2018 - Aug 2018
      IFRS Methodology Development

    • ReAssure

      Aug 2018 - Jun 2021
      IFRS 17 Project

    • Moody's Analytics

      Jul 2021 - Jul 2022
      RiskIntegrity SME

      Subject Matter Expert on RiskIntegrity for IFRS 17 (RI 17), developing detailed requirements for enhancements to the software, modelling sets of test cases both in Excel and in RI 17 and presenting the results both to clients and to other teams.

    • Utmost

      Sept 2022 - Dec 2022
      IFRS 17 Deliverables

      Supporting the IFRS17 Transition Balance Sheet

    • Congruent Actuarial & Financial Risk Consultants

      Feb 2023 - Sept 2023
      Independent reviewer

      Independent review of pension redress software and associated reporting to clients

  • Licenses & Certifications

    • FFA

      Institute & Faculty of Actuaries

    • Approved Person (CF2)

      Financial Services Authority
      Jan 2004

    • Life Actuary Certificate (including with-profits)

      Faculty of Actuaries
      Jan 2005

    • R Statistics Essential Training

      LinkedIn
      Nov 2017
      View certificate certificate

    • Introduction to Data Science

      LinkedIn
      Oct 2016
      View certificate certificate

    • Techniques and Concepts of Big Data

      LinkedIn
      Oct 2016
      View certificate certificate

    • Logistic Regression in R and Excel

      LinkedIn
      Nov 2017
      View certificate certificate

    • Up and Running with R

      LinkedIn
      Oct 2016
      View certificate certificate

    • Data Science and Analytics Career Paths and Certifications

      LinkedIn
      Oct 2016
      View certificate certificate

    • R for Excel Users

      LinkedIn
      Oct 2016
      View certificate certificate

  • Volunteer Experience

    • Violinist and formerly Treasurer, Secretary

      Issued by London Phoenix Orchestra
      London Phoenix OrchestraAssociated with Derek Pike

    • MAID (Modelling, Analytics and Insights from Data) Working Party

      Issued by Institute and Faculty of Actuaries on Oct 2016
      Institute and Faculty of ActuariesAssociated with Derek Pike

    • FRC & Risk Reporting Working Party

      Issued by Institute and Faculty of Actuaries on Feb 2014
      Institute and Faculty of ActuariesAssociated with Derek Pike

    • Bonus & Valuation Research Group

      Issued by Faculty Of Actuaries on Jan 1987
      Faculty Of ActuariesAssociated with Derek Pike