David Kirk is a partner at KPMG running the national actuarial consulting practice. He is an actuary and is the creator of New Business Margin on Revenue. He specialises in risk and capital management, Solvency II and insurance strategy . He also has extensive experience in embedded value reporting, insurance-related IFRS and share option valuation. Apart from his work in South Africa, he has been involved in significant insurance projects in the Middle East and China.
David began his career at Tillinghast – Towers Perrin in 2002 where his work experience included embedded value work in life insurance and reinsurance, life insurance appraisal value calculations, stochastic guarantee pricing, and building and reviewing economic scenario generators. He worked in both the London and Cape Town offices, gaining exposure to the insurance markets, products and regulatory environments in South Africa, the UK and Europe.
David then headed up the Johannesburg actuarial practice for PricewaterhouseCoopers as a partner with core responsibilities around life insurance, general insurance, financial and risk management and business development.
David is an active member of the ASSA’s Life Assurance Committee and Embedded Value subcommittee, chairs the Micro-insurance Committee and chairs the Technical Provisions Task Group as part of the Financial Services Board’s Solvency Assessment and Management (SAM) Project. He has lectured parts of undergraduate and postgraduate courses at the University of Cape Town, the University of Stellenbosch and the Lebanese University. He is an assessor and instructor for the Institute of Actuaries Business Awareness Module.
David is a Fellow of the Institute of Actuaries (FIA) and a Fellow of the Actuarial Society of South Africa. He holds a B.Bus.Sci degree in actuarial science and finance from the University of Cape Town, is CFA Charterholder, a Chartered Alternative Investment Analyst (CAIA) and a Certified Professional Risk Manager (PRM).