Edward Alant
Chairman of the Sustainability Subcommittee at Actuarial Society of South Africa (ASSA)- Claim this Profile
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Credentials
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Project Management
UdemyJun, 2021- Sep, 2024 -
Pytorch for Deep Learning
UdemyDec, 2020- Sep, 2024 -
Machine Learning
Stanford University (Coursera)Sep, 2020- Sep, 2024 -
SQL Bootcamp
UdemyAug, 2020- Sep, 2024 -
SSMS and T-SQL
UdemyAug, 2020- Sep, 2024 -
Golden Key Member
Golden Key International Honour SocietyJan, 2010- Sep, 2024 -
Surf Proficiency Award-SPA (general first aid and surf rescue)
LifeSaving South AfricaJan, 2007- Sep, 2024 -
Fellow of the Actuarial Society of South Africa
Actuarial Society of South Africa (ASSA)
Experience
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Actuarial Society of South Africa (ASSA)
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Financial Services
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1 - 100 Employee
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Chairman of the Sustainability Subcommittee
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May 2023 - Present
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Member of the Damages Committee
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Aug 2016 - Present
As a member of the Damages Committee, I have been involved in industry discussions on the latest developments in the Damages space. These discussions range from technical discussions on methodology of calculations to the more nuanced aspects of estimating quantum.
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Criterion Consulting
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Australia
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Advertising Services
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Founder and CEO
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Jan 2021 - Present
I founded a remote-first consulting firm focused on providing innovative actuarial and data consulting services to a global audience. Our focus on partnerships has meant that we have built up a broad network to assist in solving each of our clients' specific needs. We have consultants with expertise in most actuarial practice areas. One of our current focus areas is in technical modelling in the banking space. Some of our past projects include: - Forensic investigation: multinational non-life African insurer - Dynamic pricing model development for the largest payment system operator in Africa (banking) - IFRS 17 implementations (medical schemes & insurers) - IFRS 17 audits (large multinational audits on life & P&C insurers) - Research: -> Contingent liability research -> Energy research Show less
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Quiet Parks International
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United States
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Non-profit Organizations
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1 - 100 Employee
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Africa Representative
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Jun 2020 - Present
As the Africa representative, I am involved in creating awareness surrounding the benefits of Quiet in our daily lives. As an avid traveller, I enjoy finding new places that give me a sense of quiet. I want to highlight the impact of Quiet in our daily lives. As the Africa representative, I am involved in creating awareness surrounding the benefits of Quiet in our daily lives. As an avid traveller, I enjoy finding new places that give me a sense of quiet. I want to highlight the impact of Quiet in our daily lives.
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Rosewood Technologies
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United Kingdom
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1 - 100 Employee
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Consulting Actuary
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Mar 2015 - Feb 2022
I was involved in damages calculations and assisted with strategic direction of the firm. I co-managed a team of actuaries, actuarial students, educational psychologists, industrial psychologists, forensic accountants, neuropsychologists, psychometrists, interns and translators. Specific experience: - Expert witness as actuary in over 5 000 matters in respect of personal injury claims against the Road Accident Fund. - Assisted in developing a claims management process for motor vehicle accident matters. - Developed several internal models to improve efficiency (excel and VBA). - Investigated alternative reimbursement models for large class action lawsuits Show less
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Dupro Advisory
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United Kingdom
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Insurance
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1 - 100 Employee
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Consulting Actuary
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Sep 2021 - Dec 2021
Consulting Actuary for Dupro Advisory involved in an oversight capacity in a range of projects including: - Mortality investigation for a multi-national life insurer - Data Science training & course development - IFRS 17 solution design & software development Consulting Actuary for Dupro Advisory involved in an oversight capacity in a range of projects including: - Mortality investigation for a multi-national life insurer - Data Science training & course development - IFRS 17 solution design & software development
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EDGE ACTUARIAL CONSULTING
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South Africa
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Financial Services
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1 - 100 Employee
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Co-founder and Director
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Mar 2016 - Feb 2021
I co-founded EDGE Actuarial Consulting with a trusted business partner. Our initial focus was on providing an alternative solution to the way that medical negligence claims were typically being settled. Through an innovative and multi-disciplinary solution, we were able to provide clients with reports that were a significant improvements on the industry standard and resulted in dramatic cost-saving. Later, I was actively involved in business development and expanded the business to include life insurance consulting. I highlight my specific experience below: - Product development and pricing on a fully digital life insurance product for a multi-national insurer - Expert witness on numerous medical malpractice matters, loss of business, breach of contract, divorce, estate and other damages claims - Cash flow and probabilistic modelling for a large property development - Statistical consulting and model development for a large betting house - Developed a new methodology combining medical and actuarial services for application in claims management and assessment in medical negligence matters, resulting in significant cost savings for the client - Developed new internal models for calculating medical negligence costs (VBA) - As co-founder, assisted in marketing and new business development -> client presentations, proposals, tender submissions and negotiations - Successful business development and contracting that enabled EDGE to achieve profitability - Assisted in human resource planning and recruitment, including interviews of candidates, internal training and salary negotiations Show less
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GRS Actuarial Consulting
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South Africa
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Actuarial Analyst
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Apr 2013 - Feb 2016
- Assisting with actuarial reports in respect of personal injury matters (loss of earnings, loss of support and future medical calculations) - Involved in statistical modelling and research into various underlying phenomena (education, crop yields, weather) - Managing of teams of researchers from Stellenbosch University - Guest lecturer at Stellenbosch University - Assisting with actuarial reports in respect of personal injury matters (loss of earnings, loss of support and future medical calculations) - Involved in statistical modelling and research into various underlying phenomena (education, crop yields, weather) - Managing of teams of researchers from Stellenbosch University - Guest lecturer at Stellenbosch University
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Sigma Synergy
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United Kingdom
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Actuarial Analyst
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Dec 2012 - Mar 2013
- Pricing and reserving for short-term insurers (motor and health portfolios) - Prophet modelling - Reinsurance reviews - Pricing and reserving for short-term insurers (motor and health portfolios) - Prophet modelling - Reinsurance reviews
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Actuarial Researcher
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Nov 2011 - Nov 2012
Research project: Assessing the effect of weather on motor vehicle accidents in South Africa Investigated whether it was feasible to use weather derivatives to offset the impact of unexpected adverse weather on accidents and subsequent claims against the Road Accident Fund Research project: Assessing the effect of weather on motor vehicle accidents in South Africa Investigated whether it was feasible to use weather derivatives to offset the impact of unexpected adverse weather on accidents and subsequent claims against the Road Accident Fund
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Education
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Akimbo
altMBA -
Stellenbosch University
PGDip Actuarial Science -
Stellenbosch University/Universiteit Stellenbosch
B.Comm Hons, Actuarial Science -
Stellenbosch University/Universiteit Stellenbosch
B.Comm, Actuarial Science -
Plettenberg Bay Christian School
Matric