Joël van der Vorst
AAG
Consulting Actuary
Amsterdam, NL
Joël is a consulting actuary in the Amsterdam office of Milliman and joined the firm in 2007. He and his team carry out consulting missions in the Netherlands and Belgium. Prior to this, he worked nine years for Ernst & Young Actuaries as senior manager (non-life and asset risk management).
Experience
Joël has performed a wide range of actuarial consulting missions and actuarial certification and audit assignments for a variety of clients, mainly large Dutch insurers. He advises clients in the areas of statutory reserving, liability adequacy testing, valuations, reporting, pricing, economic capital and risk management. At Ernst & Young he was also responsible for the implementations and verifications of the Global Investment Performance Standards (GIPS) for Asset Managers. He is primarily a non-life actuary (Property & Casualty and Disability), but also has life experience.
Professional Designations
- Fellow, Actuarieel Genootschap (Dutch Society of Actuaries)
- Member of ASTIN (non-life subsection actuarial society)
- Member of VBA Commission Investment Performance Measurement (VBA is the country sponsor of the Global Investment Performance Standards in the Netherlands)
Education
- Actuarial Science, University of Amsterdam
- Econometrics, University of Tilburg (specialization: Quantitative Finance)
Publications
Read their latest work
Article
Valuation of non-life technical provisions under Solvency II
31 January 2013 - by Jeff Courchene, Vincent Robert, Joël van der Vorst, Gary Wells
Solvency II introduces a new approach to establishing technical provisions for outstanding claims and premiums that is driven by the need to calculate liabilities on a market-consistent basis.
Article
QIS5 raises new challenges for insurers
31 January 2011 - by Jeff Courchene, Peter Franken, Fabrice Taillieu, Joël van der Vorst
Much work has been done in recent years in an effort to move to a principles-based framework, although there is still much to be done before Solvency II can be successfully implemented in 2013.
Article
Executive summary of the Level 2 implementing measures
02 September 2010 - by Jeff Courchene, Fabrice Taillieu, Joël van der Vorst, Gary Wells, Thomas Guidon
Requirements after three waves of Consultation Papers and QIS5 final technical specifications.