Richard has retired from Cumpston Sarjeant. He does however continue to provide some consulting services to Cumpston Sarjeant.
Richard worked as a consulting actuary since 1971, as a partner in ES Knight & Co, a director of William M Mercer Campbell Cook & Knight, a director of John Ford & Associates and Australian general insurance practice leader for Tillinghast Towers-Perrin. In February 1997, together with Hugh Sarjeant, he founded Cumpston Sarjeant Pty Ltd. Nearly all of his consulting work has been in general insurance, and he has published over 100 papers on aspects of general insurance. He has a Master of Engineering Science from Melbourne, a Master of Administration from Monash and is a fellow of the Institute of Actuaries and of the Insitute of Actuaries of Australia.
Prior to forming Cumpston Sarjeant, Richard and Hugh had occupied senior positions in actuarial consulting firms and in offices of government actuaries. They also managed private actuarial consulting practices. The company started in Melbourne, where the head office is based. In July 2003 they opened a Sydney office, which is now operated by John Rawsthorne.
Cumpston Sarjeant has four actuaries (Hugh Sarjeant, John Rawsthorne, David Heath and Corey Plover), and three actuarial analysts (Paul Thomson, Monika Skaliotis and George El Haber). Richard Cumpston provides some consulting services to Cumpston Sarjeant.