Portrait of Shaun Parsley

Shaun Parsley

Lecturer in Actuarial Science

About

Shaun Parsley graduated in 1996 with a BSc in Physics from the University of Kent. He then moved to the University of East Anglia to study for an MSc in Atmospheric Sciences. 

Since university he has worked in the insurance industry (20+ years). He is a Fellow of the Institute and Faculty of Actuaries (FIA), an Associate of the Chartered Insurance Institute (ACII), and a Fellow of the Institute of Mathematics and its Applications. His career has covered most areas of actuarial work within life assurance, reinsurance, savings businesses, and equity release.

Most recently he was the Pricing and Capital Actuary at a start-up life assurer in London. His primary interest is ensuring that new products are delivered that meet the needs of customers whilst delivering the value that the provider requires. He has led the delivery of a number of innovative new products over the years covering longevity solutions, later life lending, and various savings products.  

Most recent roles:

  • Head of Product Development at OneFamily 2015-17
  • Chief Product Officer at Stonehaven Equity Release Ltd 2014-15
  • Director of Pricing Analytics at Partnership 2006-14
  • Pricing and Capital Actuary at AUL Underwriting Limited 2017-19

Shaun actively supports the national governing body for table tennis in England (Table Tennis England). Recently he conducted a governance review for them. He also developed a statistically fair voting model to assist the Board of TTE to determine whether changes to the voting system represent an improvement or reduction in fairness. He occasionally still picks up a table tennis bat to play - although his competition days are now mainly over. He plans to coach and manage the University of Kent table tennis team in the BUCS competition this coming academic year.

Professional

Shaun is Module Lead for the CS1 and CS2 examinations for the Institute and Faculty of Actuaries (IFoA). Over the years he has contributed to a number of actuarial and insurance conferences. His main area of professional interest is ensuring that the voice and needs of the public are represented on major issues. He has been very active over the years in the provision of social care in the UK. He is a founding member of the current IFoA life working party ‘The Role of Actuaries in New Product Design’.

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