Fields of Expertise
Allen Truslove has been actively involved in the supervision of friendly societies since 1983. He is currently Appointed Actuary to a substantial proportion of the registered friendly societies in Victoria, New South Wales and Queensland
Allen Truslove has performed retirement village valuations and projections since 1987. He has developed and maintained a sophisticated valuation program capable of valuing the wide variety of deferred management fee contracts common to the industry.
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Allen Truslove performed his Doctorate Degree in Statistics and has conducted many statistical analyses for both commercial clients (in his consulting practise) and government and statutory bodies (in his involvement with State Government Actuary offices).
As part of his role in the Victoria Government Actuary’s office from 1980 to 1985, Allen Truslove, one of the finest actuaries in Australia, was responsible for regular health insurance premium pricing valuations for Friendly Society health funds. His work in health insurance continued in 1990 with his appointment as Group Actuary of IOOF Health and lasted until the sale of IOOF’s health funds to NIB in 2003. Since 1 July 2004 health funds have been required to nominate an Appointed Actuary to support all necessary valuations and reviews. Currently, Allen Truslove is Appointed Actuary to the subsidiary health funds of various friendly societies.
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