Forest Fire Prevention Derivatives, CrowdDoing, Volunteer Project Manager 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.
Actuary Volunteer, Forest Fire Prevention Derivatives, CrowdDoing 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
Actuary Volunteer, Forest Fire Prevention Derivatives, CrowdDoing We are seeking a bright, industrious actuary to volunteer with --Forest Fire Prevention Derivatives, CrowdDoing -- our growing initiative. In this position, you will analyze the financial consequences and risk levels of various possible decisions to communicate sound advice based on the short- and long-term goals of our company. You should have a thorough understanding of financial theory, be self-motivated, and an independent worker who is also a team-player. Actuary Duties and Responsibilities
Study and analyze the potential outcomes of uncertain future events, with particular regard to the possible impact on insurance, and stakeholder risks
Apply business and economics knowledge to evaluate, manage, and advise company management on financial risks
Provide strategic advice for commercial and financial endeavors
Assess the likelihood of the occurrence of certain events, and predict the potential cost to the company and its shareholders
Implement statistical and mathematical modeling techniques to ascertain probability and weigh risks such as plausible liabilities
Prepare and present reports and valuations on a quarterly basis, with an emphasis on the implications of particular decisions to managers and company directors; provide advice on risk limitation
Monitor and mitigate risks in trading and investments
Develop systems to comply with the regulatory requirements through collaboration with IT professionals
Attend to stakeholder relationship management with external stakeholders, investment managers, and financial directors
Supervise staff to ensure cohesive and productive progress on business objectives
Assist with mergers and acquisitions
Actuary Requirements and Qualifications
Bachelor’s degree in actuarial science, business, finance, economics, mathematics, statistics, or related field strongly preferred
Prior actuarial experience preferred
Proven skill in actuarial mathematics, with an in-depth understanding of mathematics, statistics, probability theory, and investment theory
Excellent interpersonal and communications skills; ability to communicate complex and challenging topics to colleagues and stakeholders in simple, easy-to-understand language
Strong analytical, creative problem-solving, and research skills
Proficient IT skills
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he 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).
CrowdDoing is a joint initiative of Reframe It Inc. and Match4Action Foundation that is focused on helping address the UN Sustainable Development Goals and beyond through micro-leadership, massively multi-disciplinary collaboration, and service learning to support social innovation and social enterprise to achieve systemic change. CrowdDoing manages skilled volunteers, micro-leadership volunteers, multi-disciplinary volunteers and groups of service learning volunteers through a 501c3 partnership to challenges of social innovation, the social enterprise sector, and systemic change.
Match4Action connects those wanting to volunteer their skills with those in need for remote or local project support, advice, collaboration and mentoring.
Our smart technology platform uses the latest machine learning, artificial intelligence and virtual assistants to match the demand for resources for social impact with the skills and resources available, anywhere in the world. We use blockchain to create and manage a social impact currency.This unique, self sustainable open platform has one key purpose: accelerating social impact through collaboration and linking local projects with our global presence.
CrowdDoing aims to leverage micro-leadership, service learning and massively multi-disciplinary collaboration supported with project managers and human resource business partners. Collaborate with people whom you can learn from while changing the world virtually together.