# Appointed Chief Actuary

> Guides FSA/FSAI fellow-level appointed and chief actuary work—head of actuarial function, statutory reporting accountability (Solvency II, RBC, local appointed-actuary frameworks), actuarial opinion and AA report structure, board and audit committee communication, enterprise actuarial governance, model risk oversight, ORSA and stress governance, M&A/reinsurance/capital actuarial input, independence, and function design. Use for chief actuary, appointed actuary, FSA, FSAI, actuarial opinion, appointed actuary report, head of actuarial, ORSA, actuarial governance, board actuarial, statutory reporting actuary, or model risk governance actuary—not triangles (actuarial-analyst), associate peer review (associate-actuary), technical pricing/reserving (actuary), consulting (actuarial-consulting), assumption policy alone (assumption-setting), ALM detail (asset-liability-management), or legal advice (counsel, compliance-engineer).

- Skill: `daemon-blockint-tech/appointed-chief-actuary` (Agent Skill, multi-file: 7 files)
- Install (CLI): `npx skillmds@latest add daemon-blockint-tech/appointed-chief-actuary`
- Raw SKILL.md: https://api.skillmd.com/api/skills/daemon-blockint-tech/appointed-chief-actuary/raw
- Safety review: pending
- Works with: Claude Code, Claude.ai, OpenAI Codex
- Category: AI & ML
- Author: daemon-blockint-tech (https://skillmd.com/u/daemon-blockint-tech)
- Updated: 2026-09-17
- Page: https://skillmd.com/skills/daemon-blockint-tech/appointed-chief-actuary

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# Appointed Chief Actuary

## When to Use

- Define **appointed actuary**, **chief actuary**, or **head of actuarial function** duties and delegation
- Structure **actuarial opinions**, appointed-actuary reports, and regulatory filing narratives (framework)
- Own **statutory/solvency** reporting accountability (RBC, Solvency II, local regimes—overview)
- Prepare **board**, audit committee, or regulator briefings on reserves, capital, and model risk
- Design **enterprise actuarial governance**: standards, model risk, assumption oversight (with `assumption-setting`)
- Frame **ORSA**, stress testing, and scenario governance for solvency and risk committees
- Advise **M&A, reinsurance, and capital strategy** at executive actuarial depth
- Address **professional accountability**, conflicts, independence, whistleblowing, succession
- Clarify **FSA / FSAI** fellow context vs ASA/associate and signing authority tiers

## When NOT to Use

- Hands-on triangles, IBNR builds, pricing spreadsheets, exhibit prep → `actuarial-analyst`
- Associate-level peer review, ASA/ASAI pathways, workstream leadership without chief scope → `associate-actuary`
- Generic pricing, reserving, capital math, and technical memos without appointed/chief accountability → `actuary`
- Client SOW, consulting engagement design, external DD framing → `actuarial-consulting`
- Enterprise assumption policy authoring and change control alone → `assumption-setting`
- ALM duration matching, investment policy, and portfolio strategy detail → `asset-liability-management`
- P&C coverage and claims mechanics without governance/opinion lens → `property-casualty-insurance`
- Life/health product mechanics only → `life-health-insurance`
- Pension funding policy and trustee advice → `pension-retirement-funds`
- SOC 2 / ISO control evidence without actuarial judgment → `compliance-engineer`
- AI model classification and ML governance programs → `ai-risk-governance`
- **Formal legal or regulatory interpretation** or sign-off on behalf of the user → qualified human actuary and counsel

## Related skills

| Need | Skill |
|---|---|
| Technical pricing, reserving, triangles, experience studies, capital overview | `actuary` |
| Associate credential, peer review, workstream leadership, signing limits | `associate-actuary` |
| Hands-on workpapers, triangles, model I/O, reporting tie-outs | `actuarial-analyst` |
| Consulting engagement, SOW, client communication, DD framing | `actuarial-consulting` |
| Enterprise assumption policy, papers, change control | `assumption-setting` |
| ALM, duration, asset–liability strategy | `asset-liability-management` |
| P&C products, claims, underwriting context | `property-casualty-insurance` |
| Life/health benefits and product mechanics | `life-health-insurance` |
| Pension funding policy and plan design (overview) | `pension-retirement-funds` |
| Audit evidence pipelines and control automation | `compliance-engineer` |
| AI system risk tiers and model governance (non-actuarial) | `ai-risk-governance` |

## Differentiation from `actuary`

| Dimension | `actuary` | `appointed-chief-actuary` |
|---|---|---|
| Primary user | Qualified actuary doing technical work | Fellow holding or advising **appointed/chief** role |
| Deliverables | Indications, triangles, memos, governance exhibits | Opinions, board packs, function design, regulatory accountability |
| Sign-off | Technical judgment; may note need for appointed actuary | Opinion **structure**, governance, independence—not user's legal sign-off |
| Capital / ORSA | Overview metrics | Enterprise solvency governance, stress program ownership |
| Stakeholders | Management, reviewers | Board, audit committee, regulators, external auditors |

Use **`actuary`** for method and calculation depth; use **`appointed-chief-actuary`** when accountability, opinion year, or enterprise function design is central.

## Core Workflows

### 1. Role and accountability framing

1. **Title and regime** — Appointed actuary, chief actuary, signing actuary; jurisdiction (framework only)
2. **Entity type** — Insurer, reinsurer, group, captive, pension fund administrator
3. **Accountability** — Opinions, filings, board reporting, model risk, assumption approval tier
4. **Delegation** — Actuarial function map: fellow, associate, analyst, EQ/independent review
5. **Escalation** — Counsel, compliance, board risk committee, group chief actuary

**See `references/appointed_chief_actuary_scope.md`.**

### 2. Regulatory and statutory ownership

1. Map **reporting calendar** (valuation, QRT, RBC, local AA report—labels only)
2. Identify **opinion types** required (reserve, premium, pension, ORSA narrative)
3. Align **methods and assumptions** to approved governance (`assumption-setting`)
4. Document **reliance** on models, data, and third parties in opinion appendix
5. Flag **legal filing** wording for human appointed actuary and counsel—no AI sign-off

**See `references/regulatory_and_statutory_accountability.md`.**

### 3. Board and stakeholder communication

1. Define **audience**: board, audit committee, regulator, rating agency (actuarial slice)
2. Lead with **decision and risk**; technical backup indexed
3. Present **reserve/capital bridge**, sensitivities, and model risk highlights
4. Separate **known unknowns** and emerging risks (inflation, cat, longevity, cyber)
5. Coordinate with `actuary` for exhibit detail; with `compliance-engineer` for control evidence only

**See `references/board_and_stakeholder_communication.md`.**

### 4. Enterprise actuarial governance

1. Publish **actuarial standards** and review tiers (materiality, model tier)
2. Oversee **model risk management**: inventory, validation, change control, use restrictions
3. Chair or sponsor **assumption committee**; partner with `assumption-setting` on policy
4. Define **independent review** (EQ) and peer review for opinions and material models
5. Report **governance exceptions** and remediation to board or risk committee

**See `references/enterprise_actuarial_governance.md`.**

### 5. Capital, ORSA, and stress governance

1. Frame **risk appetite** linkage to underwriting, reserve, and investment
2. Oversee **ORSA** process: scenarios, reverse stress, aggregation, action plans (conceptual)
3. Align **regulatory capital** (SCR, RBC) with internal economic capital narrative
4. Review **reinsurance and hedging** strategy actuarial implications at executive level
5. Input to **M&A and capital actions** with solvency and model risk impact

**See `references/capital_orsa_and_risk_oversight.md`.**

### 6. Fellow credential and professional accountability

1. Clarify **FSA / FSAI** fellow obligations vs associate (`associate-actuary`)
2. Apply **code of conduct**, conflicts, and independence standards (framework)
3. Document **whistleblowing** and escalation when governance is impaired
4. Plan **succession** and deputy appointed actuary coverage
5. Maintain **CE and professionalism** at leadership level—not exam tutoring

**See `references/fellow_credential_and_professional_accountability.md`.**

## Chief actuary deliverable checklist

Before board circulation or regulatory submission draft:

```
Appointed / chief actuary review:
- [ ] Role and opinion type match governance tier; no implied user sign-off
- [ ] Assumptions and methods trace to approved policy and version IDs
- [ ] Model risk, validation status, and limitations disclosed for material models
- [ ] Reserve and capital bridges reconcile to prior period with narrated drivers
- [ ] ORSA / stress scenarios documented with governance approval where required
- [ ] Board pack: decision-first; technical appendix indexed
- [ ] Conflicts, reliance, and independence statements on file
- [ ] Legal filing language reviewed by qualified human actuary and counsel
```

## Deliverable standards (appointed / chief)

| Deliverable | Minimum content |
|---|---|
| Actuarial opinion (draft structure) | Scope, standards cited (framework), reliance, limitations, signature block placeholder |
| Appointed actuary report outline | Reserve/capital conclusions, methods summary, sensitivity, governance attestations |
| Board actuarial brief | Tail risks, PYD/capital drivers, model risk, actions required |
| ORSA summary | Scenarios, results vs appetite, management actions, forward look |
| Function design memo | Roles, delegation, EQ, succession, committee charters |
| M&A / reinsurance actuarial note | Balance sheet impact, capital, model risk, integration risks |

State **uncertainty**, **non-advice** boundaries, and that outputs are **not** statutory filings or legal opinions without qualified human review.

## When to load references

- **Scope and role boundaries** → `references/appointed_chief_actuary_scope.md`
- **Regulatory and statutory accountability** → `references/regulatory_and_statutory_accountability.md`
- **Board and stakeholders** → `references/board_and_stakeholder_communication.md`
- **Enterprise governance and model risk** → `references/enterprise_actuarial_governance.md`
- **Capital, ORSA, stress** → `references/capital_orsa_and_risk_oversight.md`
- **Fellow credential and accountability** → `references/fellow_credential_and_professional_accountability.md`