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Another Antiguan student makes history in the US

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Liam Benjamin ‘21TCB may be the top actuarial science student in the U.S. this year.

The native of St. John’s, Antigua and Barbuda, and current resident of Hollis, Queens has passed more actuarial professional examinations than any student in the history of the Maurice R. Greenberg School of Risk Management, Insurance and Actuarial Science (GSRM) as he proceeds toward achieving professional designation as an associate of the Society of Actuaries (SOA).

Along the way, he earned a place on the Dean’s List with a perfect 4.0 GPA.

“It usually takes about five years for an aspiring actuary to achieve designation as an SOA associate,” said Mark J. Browne, Ph.D., GSRM Faculty Chair and the Robert Clements Distinguished Chair in Risk Management and Insurance.

Benjamin, who has passed seven of the required examinations and has earned the validation by education in experience (VEE) credits in four other areas, is on track to accomplish this feat in only three years.

The only requirements he needs to complete are an online course in Fundamentals of Actuarial Practice and a one-day workshop in Associate Professionalism.

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“Knowing that GSRM is designated as a Center of Actuarial Excellence by SOA, I knew that I would get a quality education if I came here,” said Benjamin. “I was also excited to go to school in the Big Apple, a place with so many professional and recreational opportunities.”

Approximately two thirds of GSRM actuarial science students graduate having passed two of the SOA’s required exams. Before Benjamin, three GSRM students were able to pass five SOA exams by graduation.

“Liam is not just a bookworm,” said his advisor, Ping Wang, Ph.D., Aon Endowed Professor of Risk Management and Insurance at GSRM. “He served as president of the St. John’s chapter of Gamma Iota Sigma, the industry’s professional fraternity, and as a member of the actuarial club. He also served as a student ambassador, visiting local high schools with the GSRM faculty and staff to promote the actuarial science program and the University.”

During his studies at GSRM, Benjamin became a member of the President’s Society, the University’s highest honor society, and completed actuarial internships at New York Life and Swiss Re.

“I have gotten a lot more than an actuarial science education here at St. John’s,” said Benjamin. “Although I am very happy that I was able to differentiate myself through exam progress, I am also lucky that I had an incredible number of other opportunities to differentiate myself and grow professionally by experiencing insurance and reinsurance markets in Dublin, London, and Zurich during GSRM’s Global Destination Course.”

Benjamin will join global accounting and consulting firm EY as an actuarial consultant in September.

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One response to “Another Antiguan student makes history in the US”

  1. Congratulations young man, you have made me and your country very proud. I hope this will encourage other young men in our country to stay focus and come off the street corners or the block in their communities and do something positive for themselves. Young men in Antigua andBarbuda they’re more to life than drugs, alcohol, and crime. Wakeup young men of Antigua and Barbuda, stay in school, get a good education, stay away from bad influence, and let God be your Father and guide. Antigua and Barbuda need you to be good leaders to take this beloved country of ours forward.

REQUEST FOR EXPRESSIONS OF INTEREST

(CONSULTING SERVICES – INDIVIDUAL SELECTION)

 

OECS MSME Guarantee Facility Project

Loan No.: IDA-62670, IDA-62660, IDA-62640, IBRD-88830, IDA-62650

Assignment Title: Senior Operating Officer (SOO)

Reference No. KN-ECPCGC-207852-CS-INDV

 

The Governments of Antigua and Barbuda, Commonwealth of Dominica, Grenada, St. Lucia and St. Vincent and the Grenadines have received financing in the amount of US$10 million equivalent from the World Bank towards the cost of establishing a partial credit guarantee scheme, and they intend to apply part of the proceeds to payments for goods, and consulting services to be procured under this project. 

The consultant will serve as the “Senior Operating Officer (SOO)” for the ECPCGC and should possess extensive knowledge of MSME lending with some direct experience lending to Micro, small and medium-sized businesses, knowledge of the internal control processes necessary for a lending operation and the ability to design and implement risk mitigation procedures. The ideal candidate should possess an Undergraduate Degree from a reputable college or university, preferably in Business, Accounting, Banking or related field, with a minimum of 5 years’ experience in lending, inclusive of MSME lending. The initial employment period will be for two years on a contractual basis. Renewal of the contract will be subject to a performance evaluation at the end of the contractual period. The assignment is expected to begin on September 30th, 2021.  The consultant will report directly to the Chief Executive Officer of the ECPCGC.

The detailed Terms of Reference (TOR) for the assignment can be viewed by following the attached link below. 

 

https://bit.ly/3iVannm

 

The Eastern Caribbean Partial Credit Guarantee Corporation (ECPCGC) now invites eligible “Consultants” to indicate their interest in providing the Services. Interested Consultants should provide information demonstrating that they have:

  • An Undergraduate Degree from a reputable college or university, preferably in Business, Finance, Banking or related field; and
  • Minimum of 5 years’ experience in MSME lending. Applicants should also have:
  • The ability to design and implement risk management procedures 
  • Extensive knowledge of MSME lending with some direct experience lending to small and medium-sized businesses
  • Extensive knowledge of MSME banking operations
  • Knowledge of the internal controls necessary for a lending operation and the ability to design and implement risk management procedures
  • Experience developing and presenting information in public, including responding to questions in real-time
  • Experience lending to MSMEs located in the ECCU
  • Knowledge of marketing and communicating with the MSME sector
  • Ability to draft procedures to be used in a lending operation
  • Familiarity with the mechanics of a loan guarantee program
  • Exceptional written, oral, interpersonal, and presentation skills, and
  • Proficiency in the use of Microsoft Office suite.

The attention of interested Individual Consultants is drawn to Section III, Paragraphs 3.14, 3.16, and 3.17 of the World Bank’s Procurement Regulations for IPF Borrowers July 2016, [revised November 2017] (“Procurement Regulations”), setting forth the World Bank’s policy on conflict of interest. A Consultant will be selected in accordance with the Approved Selection Method for Individual Consultants set out in the clause 7.34 of the World Bank Procurement Regulations for IPF Borrowers. 

 

Further information can be obtained at the address below during office hours 0800 to 1700 hours:

Eastern Caribbean Partial Credit Guarantee Corporation

Brid Rock, Basseterre,

St. Kitts.

Expressions of interest must be delivered in a written form by e-mail by August 11th, 2021, to [email protected]

 

For further information, please contact:

Carmen Gomez-Trigg                                                            Bernard Thomas

Chief Executive Officer                                                          Chief Financial Officer

Tel: 868-620-8144                                                                  Tel: 869-765-2385

Email: [email protected]                                          [email protected]