Diana Krulevich, FCIA(2021)
Position: Director
Province: Ontario
Primary Practice Area: P&C insurance
Position statement
It is both an honour and a privilege to be considered for the position of Director on the CIA Board. As a highly motivated and engaged professional, I am deeply committed to the growth and evolution of our actuarial field. My passion for our profession took root during my undergraduate studies when I joined the Actuarial Students’ National Association (ASNA). This experience proved to be immensely enriching, ultimately culminating in my tenure as ASNA President during my final year at university.
Always eager to deepen my involvement within the actuarial community, I seized the opportunity to become the first Canadian student on the Casualty Actuarial Society (CAS) Candidate Liaison Committee. My work on this prestigious committee, along with contributing to the CAS’s widely read Future Fellows newsletter, allowed me to gain invaluable insights into the breadth and potential of our profession. I recognized the need for increased representation of Canadian actuaries within the CAS and have been unwaveringly dedicated to this cause.
My commitment to bridge the gap between the CAS and Canadian universities led to my involvement in the nascent CAS University Liaison Committee, where I played a crucial role in establishing communication channels. Upon earning my FCIA designation, I immediately volunteered for the CIA Exam 6C Committee to ensure that future candidates are presented with questions that are fair and straightforward, in light of the critical nature of this exam. I am a great believer that our profession is vital for the financial stability of the insurance industry. As such, I always try to speak for the future generations of actuaries and try to make their path as fair and focused as possible.
As the current Commercial Actuarial Pricing Manager at Northbridge, a top Canadian property and casualty insurer, I lead a diverse team of actuaries at various stages in their careers. I am eager to play a part in shaping the future of our field for both me and my colleagues. With the CIA currently undergoing significant changes, I believe that my ability to serve as an effective Director will positively impact the success and longevity of our profession.
2021-22 – Education and Examinations Committee
Volunteer experience with the CAS:
CAS Candidate Liaison Committee – September 2012 to September 2018
CAS University Engagement Committee – August 2013 to November 2014
Question: What do you think of the effectiveness and importance of the CIA in its core functions (e.g., qualification, continuing education, professional development, promotion of the profession, research, standard-setting and professional conduct)?
Answer: As a Canadian actuary, I tend to find it frustrating that historically most actuarial publications are US focused. Since becoming an FCIA, I was happy to explore the CIA’s publications and was very impressed with their general offerings. Having a Canadian spin on industry trends has been truly eye opening.
Additionally, I recently spent some time learning more about the new CIA exams and I am delighted to learn about the great strides taken to streamline and focus actuarial education to what is important to Canadian actuaries. I believe that this will benefit both actuarial students and employers by shortening the study travel time and producing better, more modern actuaries.
Where I believe the CIA can improve, is the general promotion of the profession in high schools. The CIA has been involved in larger events like Actuarial Students’ National Association for years, but we need to start younger. I have been hosting an annual talk with high school students for the past few years to introduce them to the actuarial profession and I can see a lot of interest in the eyes of very bright young minds. I would love to see an increase in CIA presence in Canadian high schools or university fairs.