Konrad Farrugia, Actuary, Marsh, London

“Hello, I am Konrad Farrugia and have been involved in the insurance industry for over ten years.  My current role is Vice President (Solvency II actuary) at Marsh, based in London.  I am involved in the delivery of actuarial services to clients, such as: the Solvency II Actuarial Function, Reserve Reviews and the implementation of IFRS 17.”

“Having completed my Accountancy degree, I was interested in pursuing further studies. At the time, the Institute and Faculty of Actuaries' qualifications started to be marketed in Malta. I took the challenge and embarked on the examinations leading to Fellowship. This led me to get more involved in the complexities of insurance: from its regulation, the types of insurance products offered and their impact on the re/insurer's valuation of liabilities, capital requirements and risk management.”

 “In an uncertain world, risk management is key for both organizations and individuals. It is rewarding to work in an industry which despite its long history, is continuously developing risk mitigation and transfer solutions to clients, within a dynamic environment.”