Organization
M4A Foundation - CrowdDoing

Forest Fire Prevention Derivatives, CrowdDoing, Volunteer Actuary

Duration
Recruiting through Oct 29th
Location
El Dorado Hills, CA

Opportunity Details

Ongoing

Remote

Recruiting through Oct 29th

El Dorado Hills, CA 95762

About this Opportunity

Ultimately, you will help us maintain our company’s financial health.

Forest Fire Prevention Derivatives, CrowdDoing, Volunteer Actuary to provide accurate and data based information on company’s profitability, solvency, stability and liquidity. You will research and analyze financial information to help company make well informed decisions, write reports and monitor financial movements.Forest Fire Prevention Derivatives, CrowdDoing, Volunteer Financial Analyst

  • See more detailed background on CrowdDoing's forest fire prevention derivatives
  • https://drive.google.com/file/d/1dBp_HUr-tCCNaeGoSDfPrirRPbaoV3X4/view?usp=sharing

Forest Fire Risk Prevention Derivatives in Northern California

Bobby Fishkin, lead author

In 2018, Sacramento was named the "the Most Polluted City on Earth" due to "smoke from Camp Fire," This proposal aims to prevent that from happening again through adopting a systemic approach and collaborating with stakeholders to actively prevent future such events. The insurance industry, along with institutional chief risk officers, have begun to recognize the importance of moving from "loss compensation to loss prevention."

CrowdDoing and Project Heather propose launching a prevention derivative with two new stakeholders: (a) contingent payers who pay in proportion to the reduction in risk, and (b) impact investors who finance social innovations in which their return is similarly proportional to the reduction in risk. It will build on existing precedents for contingent contracts involving social- innovation-based risk prevention.

Forest Fire Prevention Derivatives, CrowdDoing, Volunteer Actuary

A spectrum of forest fire risk prevention approaches are available: from creative new social innovations to well-established interventions.The forest fire risk prevention derivative would first survey existing forest fire prevention interventions in Greater Sacramento with an eye towards which ones might be suitable to support and expand. It would then review global social innovations that might be relevant to Northern California to determine which to replicate. Entities involved in risk management and risk securitisation, from insurers to reinsurers to retrocessionaires, ought to welcome the chance to share liability proportionally through a commons of prevention innovations. The prevention derivative can expand as more institutions and individuals join as contingent payers and impact investors in order prevent a larger portion of collective risk. Payments by private and public institutions to support prevention derivatives can be in-kind, through services, and/or financial.

Forest Fire Prevention Derivatives, CrowdDoing, Volunteer Actuary

We are looking for a Forest Fire Prevention Derivatives, CrowdDoing, Volunteer Actuary to provide guidance on investment decisions, cash management and day-to-day company expenses.

Financial Consultant responsibilities include forecasting costs and revenues, conducting risk analyses for financial plans and evaluating capital expansion options (e.g. funding or loans.) To be successful in this role, you should have a Finance or Accounting degree and relevant work experience as a Financial Adviser to large clients.

As an Actuary, you’ll create statistical models to calculate likelihoods and you’ll present findings in detailed reports. To be successful in this role, you should have a flair for math and an analytical way of thinking.

Ultimately, you’ll help us make the most profitable investments, minimizing financial risks.

Forest Fire Prevention Derivatives, CrowdDoing, Volunteer Actuary Responsibilities

  • Conduct risk assessments
  • Build predictive models to accurately analyze potential outcomes
  • Recommend investments with the lowest risk and the highest profits possible
  • Calculate total assets and liabilities
  • Determine financial status after an investment
  • Compare actual ROIs with forecasts
  • Monitor market trends and identify opportunities for new investments and funds
  • Develop guides and policies on how to avoid high-risk investments and the losses associated with them
  • Keep records of payments, fundings and underwriting policies

Forest Fire Prevention Derivatives, CrowdDoing, Volunteer Actuary Requirements

  • Work experience as an Actuary, Investment Analyst or similar position
  • In-depth understanding of how to use actuarial formulas and tables
  • Hands-on experience with statistical packages like SPSS
  • Good knowledge of insurance legislation
  • Excellent numerical and analytical skills
  • Attention to detail
  • BSc in Statistics, Mathematics or Finance
  • Additional certification in Risk Management or being successful in actuary exams is a plus

"To help support you joining the right part of CrowdDoing for you, please use this form: https://docs.google.com/forms/d/e/1FAIpQLSftd6E0tyV2uq7mMty1rZ80BB2MSGhbnof9gRBvaQXbrttIkg/viewform?usp=sf_link"

The only way CrowdDoing.world can realize its impact potential is through virtual volunteers,service learners(http://blog.reframeit.com/service-learning-and-skilled-volunteering/), and micro-leaders (https://real-leaders.com/leveraging-micro-leadership-to-make-aspirational-goals-achievable/) coming together.

See this brief video aboutMicro-leadership at CrowdDoing (https://www.youtube.com/watch?v=mhdB2YJ8Ocs&app=desktop). Micro-leadership means that each person adopts a dimension of responsibility for a collective problem in our society through collaborating on that area creatively individually and together through social innovation.

You are also welcome to see more background on CrowdDoing at our Youtube Channel (https://www.youtube.com/channel/UCVoL7fai7oa95fBo44FC0gA?sub_confirmation=1).

Instagram (https://www.instagram.com/crowddoing.world/),

Facebook (https://www.facebook.com/CrowdDoing-515295062320613) ,

LinkedIn (https://www.linkedin.com/company/18910309/).

You can see a CrowdDoing Volunteering FAQ here.

https://docs.google.com/document/d/1zCkbEQX8PHh8k85BS0iIhsJJxADqdH3Kpn1PDbI1Uno/edit?usp=sharing

For questions and correspondence regarding codesigning a perfect volunteer role for yourself in the CrowdDoing systems change venture lab please email: "[email protected]"

Watch our video to learn more: Systemic change by CrowdDoing

Skills/Interests

  • Research

Issue area

  • Health & Wellness