NZSA Research Prize

Name:
Richard Bruynel Research Prize

Purpose:
The NZSA Conference is held biennially in New Zealand for guests and members of the NZSA. The Prize is to encourage works that develop new research and innovation in actuarial science and practice.

Frequency:
Biennially following the NZSA Conference.

Eligibility:
A ‘work’ presented at the NZSA biennial Conference. Such ‘work’ may comprise a presentation, paper and/or publication.

Criteria for the work:
a) Original thought and research on actuarial practice and theory.
b) Innovative thought and research on actuarial practice and theory.
c) Usefulness and interest to the profession generally or to particular sections of the profession.
d) Standard of presentation, logic and clarity.
e) If requested by the Prizes Committee, the work must be submitted to verified peer review by a member/fellow of the actuarial profession.

Nomination process
During February of the year following the conference the Prizes Committee shall consider all the works presented in the prior year’s biennial Conference. The Prizes Committee will shortlist the works as nominations for further consideration.

Nominations are reviewed by the Prizes sub-committee and a recommendation is made to the April Council Meeting.  Prize winner(s) are advised by letter in May.

Selection process
The Prizes Committee will consider the nominations against the criteria set out above that reflect intent of the donor for the prize.

The Committee may recommend to Council:
• no prize, or
• a prize; or
• a shared prize.

The prize will be set by Council and reviewed from time to time. The amount awarded in 2009 was $500.