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David Kirk, FIA, CFA

Consulting Actuary
Cape Town, ZA

Tel: +27 21 0012921

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Professional Designations

  • Fellow, Institute of Actuaries
  • Chartered Financial Analyst (CFA)
  • Fellow, ASSA
  • Chartered Alternative Investment Analyst (CAIA)
  • Professional Risk Manager (PRM)

Education

  • BBusSci, Actuarial Science and Finance, University of Cape Town

Current Responsibility

David is a consulting actuary with Milliman's Cape Town, South Africa, office. He joined the firm in 2014.

Experience

David has extensive experience in life insurance and broad exposure to property and casualty insurance and financial instrument valuations.

His technical expertise includes:

  • Insurance financial reporting (IFRS, EV, MCEV, Solvency II and SAM)
  • Capital and risk management, including SAM/Solvency II
  • Due diligence and M&A advice
  • Statutory actuary services
  • Financial and actuarial model development and validation
  • New market entry, market expansion and licence applications
  • Enterprise risk management framework development and readiness assessment

Prior to joining Milliman, David was practice leader of KPMG's actuarial business in South Africa. The role included full responsibility for practice development and management, from setting standards of practice to bringing in new clients to overseeing longer-term brand building.

His previous positions include partner at PwC in South Africa and actuarial analyst and consultant at Tillinghast-Towers Perrin, including a secondment as general manager for risk and capital at Absa Insurance Company. He was also a part-time lecturer in Actuarial Science at Lebanese University in Beirut.

Professional Activities

  • FSB's Solvency Assessment & Management (SAM) Programme: Chair of Technical Provisions Task Group, member of Pillar 1 Subcommittee
  • Professional Risk Managers' International Association: Subject matter expert for the Insurance Risk Advisory Working Group
  • Actuarial Society of South Africa: Chair of Micro-insurance Committee, member of Market Consistent Embedded Value Sub-committee, presenter for Microinsurance module at ASSA's professionalism course, past member of Life Assurance Committee, past member of Investment and Investment Guarantees Committees
  • Work at Milliman

    • “I was offered a chance to come in, shake things up, create something."
    Work at Milliman