It set its target of operation as to support and promote the development of Actuarial Science and Practice, as well as professional training, maintain and enhance communication with state and private organizations and establishments and contribute to the solution of actuary, social, economic and financial problems in the Republic of Latvia.
The Association will set forward its tasks as follows and specifically to:
Education
1998 - 2000 University of Latvia, MBA
1994 - 1998 University of Latvia, Bachelor of Science in Management
1998 - 1999 University of Vilnius (Lithuania), Institute of Actuaries (London), Faculty of Actuaries (Edinburgh), Advanced Actuarial Science Diploma
1996 - 1997 University of Vilnius (Lithuania), Institute of Actuaries (London), Faculty of Actuaries (Edinburgh), Actuarial Science Diploma
Professional Experience
2013 - present, Expert, Consulting Actuary
2007 - 2013 “Balva” JS Insurance Company, Chief Actuary
2007 - 2009 “Universalna” JS Insurance Company, Member of the Supervisory Board
2004 - 2007 “Nordens AS” JS Insurance Company, Chief Actuary
1997 - 2001 “Estora” JS Life Insurance Company, Deputy Chairman, Member of the Board, Chief Actuary
1996 - 1997 “Estora” JS Life Insurance Company, Chief Actuary
1994 - 1996 “Industrial Bank of Latvia” JS Company, Economist, Head of Department of Analytics
Education
2007 – 2009 Master degree in Economics Riga Technical University, Faculty of Engineering Economics and Management
2002 – 2007 Master degree in Mathematics and Statistics
University of Latvia, Faculty of Physics and Mathematics
Professional Experience
2016 - present Head of Credit Risk Modeling Department AS Citadele banka
2014 - 2016 Actuary AAS GJENSIDIGE BALTIC
2012 - 2014 Senior analyst, AAS BALTA
2010 - 2014 Lecture „Life insurance”, University of Latvia (2010-2013), Riga Technical University (2014)
2008 - 2012 Actuary (credit risk analyst), AS DNB Banka
2006 - 2008 Actuary, AS ERGO Latvija Dzīvība
Education
1999 – 2000 Course in actuarial mathematics followed by Faculty
of Actuaries, Great Britain. Certificate.Lithuania university, Vilnius (Lithuania)
1993 Doctor of Technical science (Dr.sc.ing.)
1986 – 1989 Post-graduate student of Riga Technical University
Riga Technical University
1980 – 1985 Qualification of engineer-mathematician, speciality
of applied mathematics
Professional Experience
2005–present RTU, professor of Probability and Statistics Dpt., chief researcher
1995–2005 Lector, Docent, Associate Professor Mathematical Statistics Institute, then Probability Theory Mathematical Statistics, Information Technology Department, Riga Technical University
2004 – 2008 Chief actuary, Joint Stock Company “BALVA”
1998 – 2000 Actuary, Joint Stock Company Open Pension Fund “Saules Stars”
1984 – 1995 Riga Technical University, Department of Probability Theory and Mathematical Statistics, Riga (Latvia) docent, asoc.Professor
1984 – 1995 Riga Technical University, Department of Probability Theory and Mathematical Statistics, Riga (Latvia), Senior Researcher, Assistant Professor, Lector
Education
- Master of Economics, Financial Management Specialty at BA School
of Business and Finance
- Professional Grade in the Information Technology of Finance
at Riga Technical University, Faculty of Computer and Information
Technology
- Professional Bachelor of Mathematics and Statistics at University of
Latvia, Faculty of Mathematics and Physics
- Course „Actuarial modelling”in Salzburg Institute of Actuarial Studies;
- Course „Advanced Statistical Methods in Insurance”in Salzburg
Institute of Actuarial Studies
Professional Experience
2016 - present Latvian branch Chief Actuary in Compensa Life ViennaInsurance group SE
2007 - 2016 Head of Actuaries Department - Appointedactuary in IJSC Gjensidige Baltic;
2004 - 2007 Actuary in JSC Parex Insurancecompany (now IJSC Gjensidige Baltic);
1997 - 2001 Accountant in JSC LPPT.
Education
- Now doctoral studies in Riga Technical University, Faculty of Engineering Economics and Management
- Now studies in Salzburg Institute of Actuarial Studies
- Master of Economics, Actuarial Analysis Specialty at Riga Technical University, Faculty of Engineering Economics and Management
- Professional Bachelor of Financial Engeniering at Riga Technical University, Faculty of Computer and Information Technology
Professional Experience
2019 - present Deputy Chief Actuary in AAS "BTA Insurance Company" (Vienna Insurance Group)
2014 - 2019 Senior Actuary in AAS "BTA Insurance Company" (Vienna Insurance Group)
Education
- Bachelor of mathematics at University of Latvia, Faculty of Physics and mathematics
- Master of mathematics at University of Latvia, Faculty of Physics and mathematics
-Passed exams in actuarial training courses and profesionalism, Latvian Actuarial Association
Professional Experience
2014 - present JSIC "Balta" Head of Actuarial Division
2018- 2019 lecturer at University of Latvia, Faculty of Physics, Mathematics and Optometry
2012-2014 JSIC "Balta" Risk Manager, Internal Model Governance Manager,
Solvency II Project Manager
2006-2011 JSIC "Seesam Latvia" Chief Actuary
2000-2006 JSIC "Seesam Life Latvia" Assisstent to Actuary, Customer Service
Manager
Any person of 21 years old and over that agrees to the Charter of the Association, Code of Practice of Actuaries and is willing to contribute – both by their efforts and available means - to the promotion of tasks and targets of the Association can be a Member of the Association.
Members of the Association are liable to:
Members of the Association are entitled to:
The General Meeting of Members might grant a Member a title of the Honorary Member of the Association in return to their special contribution to the course of the Association in reaching its targets and completing its tasks, or to the development of the Actuarial Science, Practice or professional training.
Any candidate can become an Associated Member of the Association provided they have applied accordingly, passed their qualification exams, paid their Affiliation Fee and comply with other requirements set by the Association.
Any Associated Member can become a Fellow-Member of the Association of Actuaries, provided they have applied accordingly, passed their qualification exams and comply with other requirements set by the Association.
In order to be considered as a candidate, a person will apply in written form to the Board of the Association and pay their regular Candidate Membership Subscription.
Candidate Members are eligible to: