Mission and Vission

The Association is a voluntary and independent union of individuals.

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:

  • Promote Actuarial Science and Practice, as well professional training in the territory of Latvia;
  • Promote further professional education of actuaries;
  • Support and promote professional research and applied studies in the field;
  • Promote creative activities of actuaries in solving scientific issues of the profession;
  • Develop and update as necessary the Code of Practice of Actuaries and provide for the observation of its norms;
  • Study, represent and advocate professional interests of actuaries;
  • Get involved as an active player in the actuary domain worldwide and represent interests of Latvian actuaries abroad;
  • Execute other profession related tasks that constitute no contradiction to the effective legislation.

Board

Andris Barlots

Chairman of the Board

Member of the Board

Member of Latvian Association of Actuaries since 1997

Contact

Tel.: +371 67 506 996

e-mail: andris.barlots@gmail.com

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

Irina Genriha

Member of the Board


Contact

Tel:  +371 29800416

e-mail: irina.genriha@inbox.lv

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

Andrejs Matvejevs

Member of the Board


Contact

Tel.: +371 26015121

E-mail: andrejs.matvejevs@rtu.lv

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

  

Baiba Močāne

Member of the Board


Contact

Tel.: +371 26544915

E-mail: baiba.mocane@gmail.com

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.

Ilze Zariņa

Member of the Board


Contact

Tel.: +371 29419197

E-mail: ilzezarina@inbox.lv

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

- Certificate in  „Advanced Statistical Methods in Insurance” in Salzburg
Institute of Actuarial Studies

Professional Experience

2014 - present Senior Actuary in AAS "BTA Insurance Company" (Vienna Insurance Group)

Members

Full members

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:

  • Honour the Charter of the Association;
  • Follow management resolutions;
  • Keep the Code of Practice of Actuaries;
  • Regularly pay their Membership Subscription;
  • Support the realization of tasks and targets set by the Association by their activities.

Members of the Association are entitled to:

  • Elect and be elected as Association’s Board Member or Auditor as based on the procedures stipulated in the Charter;
  • Receive information of the operation of the Association, including getting themselves familiar with Protocols, Decisions and Decrees based on the procedures approved by the Board;
  • Co-operate in other structural units of the Association;
  • Publish their work in Association’ s publications and editions;
  • Receive managerial and methodological support in their professional, scientific or educational activities in accordance with the operational targets of the Association;
  • Have Access to all professional, educational and scientific data that is available within the competence of the Association;
  • Withdraw from the Association by applying to the Board in written form.

Honorary members

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.

Associate members

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.

Candidate members

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:

  • Have access to the professional, scientific and educational information available at Association’s disposal;
  • Participate in open General Meeting of Members without right to vote.