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Volunteer vacancies

Debbie AtkinsFind out how volunteering benefits us, the profession and society more than we might imagine.

This page lists details of all our current volunteer vacancies which are primarily opportunities for members of the Institute and Faculty of Actuaries (IFoA).

Subscribe to the RSS feed for volunteering opportunities to ensure you are kept up to date with the latest vacancies as they arise.  Visit Volunteering for the IFoA to find out more, or contact Debbie Atkins, Head of Volunteer Engagement.

Download our flowchart to see how we recruit our volunteers.

Choose categories above and click apply to float vacancies in those categories to the top of the list.

Current Volunteering Opportunities

Subscribe to Institute and Faculty of Actuaries: Current volunteer opportunities.
Application closing date: 25 February 2016

The Resource and Environment Research Committee is seeking to complete the skillset on the committee by the appointment of at least one additional volunteer with academic experience in heterodox economics.  The successful volunteer(s) will have the opportunity to demonstrate a real impact in research, build relationships with potential users of their research, and gain insights into practitioner perspectives in the finance sector.

The specific areas where support is sought are:

  • expertise in heterodox economic approaches, preferably with experience of applying them to financial issues
  • leading the engagement with relevant academic institutions and funding bodies.

Ideally, the volunteer(s) will be an academic with:

  • a good profile and strong history of academic research in heterodox economics
  • an excellent network of contacts, both nationally and internationally
  • a strong interest in resource and environment issues and the financial sector
  • a keen desire to build on the research work already underway and to seek ways of applying heterodox economic approaches to actuarial work.

The role is open to members and suitably qualified individuals. The successful volunteer(s) will be asked to contribute to bi-monthly meetings, which are held in London and usually last two hours. Attendance by conference call is possible.

View the Task and Person Specification.

If you would like to express an interest in taking on this role please contact Debbie Atkins, Head of Volunteer Engagement.  When contacting Debbie please provide brief details of your relevant skills and experience, including any experience you may have in heterodox economic approaches.  Please also provide a note of your reason(s) for wishing to undertake this role.  For members of the IFoA, please provide a note of your ARN.  For non-members, please provide your full contact details and a CV.

Contact Details

If you have enquiries about volunteering please contact Debbie Atkins, Head of Volunteer Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Lay (non-members), Resource and environment
Application closing date: 17 February 2016

The Institute and Faculty of Actuaries’ (IFoA’s) Quality Assurance Scheme Sub-committee is tasked with overseeing, on behalf of Regulation Board, the new Quality Assurance Scheme (QAS) that launched on 1 September 2015.

This is an opportunity to be involved in and shape this new, innovative, accreditation scheme and to help to make it a success.

Read more about the QAS here.

The QAS Sub-committee reports into Regulation Board and will be responsible for awarding accredited status to organisations (on the basis of recommendations made by an independent assessment team).  It will also have the roles of monitoring whether the scheme is achieving its strategic objectives and providing recommendations to Regulation Board in relation its operation or any issues arising from it.

The Terms of Reference for the sub-committee can be found here.

The IFoA has already appointed five inaugural members to this sub-committee but would like a further two members:

  • one Lay Member with relevant experience
  • one member that is a Fellow or Associate of the IFoA.

View Task and Person Specification here.

Expressions of interest:

If, having read the Task and Person Specification, you would like to express interest in joining this sub-committee please contact Debbie Atkins, Head of Volunteer Engagement.  When contacting Debbie please provide the following:

  • an abbreviated copy of your CV
  • reasons why you feel you have the relevant skills and experience
  • brief reasons why you wish to join this sub-committee
  • for IFoA members please provide a note of your ARN
  • for Lay Members please provide details of your professional qualification and your contact details including postal address, telephone number and email address.

All expressions of interest will be considered by the Chair of the Regulation Board and the IFoA’s General Counsel and will be progressed as received rather than waiting until after the closing date.

Contact Details

If you have enquiries about volunteering please contact Debbie Atkins, Head of Volunteer Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Lay (non-members), Regulation
Application closing date: 6 March 2016

The Institute and Faculty of Actuaries (IFoA) is seeking to appoint an experienced individual to take on the role of Chair of the Education Board.  This individual will become Chair of the IFoA’s Education Board from summer 2016, however, it is hoped the appointment will be confirmed by April 2016 to allow for succession planning and a smooth transition.  If the appointee is not already a member of the Education Board, he/she will join the Board immediately on appointment.   

The IFoA’s Education Board reports to the Management Board and is part of the IFoA’s governance structure. 

The Education Board:

  • has a strategic remit and oversees, for Council, the Education Strategy
  • ensures the IFoA’s educational objectives are being delivered and remain appropriate
  • sets the examination and exemption fees and authorises regulations dealing with examinations, exemptions and accreditation
  • oversees the admission, education and qualification processes, including links with universities.

The Chair of the Education Board is the lead volunteer for the IFoA in the field of education.  As such, we are seeking expressions of interest from individuals who can demonstrate their understanding of the strategic requirements both now and for the future of the profession.  They will be someone who is keen to build on the high quality education processes and related quality assurance which have been created thus far and to help shape and drive forward the Education Strategy for the future.  At all times the Chair of the Education Board will work in close partnership with the Director of Education and other relevant Executive staff.

Although hitherto this role has always been held by a Fellow of the IFoA, the concentration of the Education Board on strategic matters means that the role is also suitable for appropriately experienced individuals who are not actuaries, or who are members of actuarial associations other than the IFoA.

View the full details on the Task and Person Specification

View the Terms of Reference for the Education Board

If, having read the Task and Person Specification and the Terms of Reference for this Board, you would like to express an interest in taking on this role please contact Debbie Atkins, Head of Volunteer Engagement.  When contacting Debbie please provide details of your relevant skills and experience, based on these documents, plus confirmation that you can devote the necessary time to this role.  Please also briefly outline what you feel you could bring to this role.  For members of the IFoA, please provide a note of your ARN.  For non-members, please provide a CV, including full contact details. 

All expressions of interest will be considered by the current Chair of the Education Board together with the Director of Education and the Director of Finance and Operations.  The appointment will require approval from the Management Board.

Contact Details

If you have enquiries about volunteering please contact Debbie Atkins, Head of Volunteer Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Education
Application closing date: 24 February 2016

The Institute and Faculty of Actuaries (IFoA) is seeking to appoint an experienced, forward-looking volunteer to take on the role of Chair of this important operational committee.  This individual will become Chair of the IFoA’s Education Committee from summer 2016, however, it is hoped the appointment will be confirmed by April 2016 to allow for succession planning and a smooth transition.   

The Education Board delegates operational matters relating to the admission, education and qualification processes, including syllabus changes, the development of learning materials, and links with universities, to the Education Committee, and oversees the work of that committee.

Thus the Education Committee is responsible for maintaining a modern and effective system of educating potential actuaries and certified actuarial analysts so as to ensure that the supply of qualified actuaries and certified actuarial analysts continues to be of a high standard.

As such, we are seeking expressions of interest from Fellows who can demonstrate their understanding of the requirements of the IFoA’s examination system and education strategy.  They will ideally have had practical experience of the actuarial education and assessment process, either from volunteering in a PDR role with the IFoA or from working in an actuarial department in a university.  They will be keen to build on the high quality education processes and related quality assurance which have been created thus far and to help shape and drive forward the operational aspects of the Education Strategy for the future, in close partnership with the Executive staff.

View the full details on the Task and Person Specification

View the Terms of Reference for the Education Committee, including specific individual responsibilities

If you would like to express an interest in this important volunteer role, please contact Debbie Atkins, Head of Volunteer Engagement.  When contacting Debbie please provide details of your relevant skills and experience, confirmation that you can devote the necessary time to this role, and your reason/s for wishing to take up this appointment.  Please include a summary of your experience in supporting the Education Directorate to date and a note of your ARN.

All expressions of interest will be considered by the Chair of the Education Board, the current Chair of the Education Committee, together with the Director of Education and Head of Learning and Assessment.  The appointment will require approval from the Education Board.

Contact Details

If you have enquiries about volunteering please contact Debbie Atkins, Head of Volunteer Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Education
Application closing date: 6 March 2016

The Institute and Faculty of Actuaries (IFoA) has over 27,000 members worldwide and provides a qualification structure that is integrated with regulatory oversight to create a holistic approach for members and their employers that is effective on a global basis.

As part of the IFoA’s Education Strategy, the Board of Examiners, on behalf of Council, is responsible for the standards which ensure that the actuarial qualifications are recognised as best in class. 

The IFoA is now seeking to appoint a Chair of this important Board.  The appointment falls within the IFoA’s Professional Development and Responsibility (PDR) and as such an annual fee will be paid to the post-holder in return for this fixed service.

This appointment is for a period of two years and the Chair shares their responsibilities (particularly in relation to examination scrutiny and over-seeing the maintenance of standards) with the Deputy Chair of the Board of Examiners, whose tenure is also two years.

We are now seeking expressions of interest from suitably qualified IFoA Fellows or other suitably qualified professionals with significant experience in setting and maintaining examination standards in respect of professional examinations.  Ideally the Chair of the Board of Examiners will have had significant experience of the IFoA examination system, either as a member of the Board of Examiners or in an academic role.  The individual appointed will formally take up the post from summer 2016.  It is hoped that the appointment will be confirmed by April 2016 to allow for succession planning and a smooth transition. 

View the full details on the Task and Person Specification for the role of The Chair of the Board of Examiners

View the Terms of Reference for the Board of Examiners

How to express interest:

If you would like to be considered for this role please contact Debbie Atkins, Head of Volunteer Engagement.  When contacting Debbie please provide brief details of your relevant skills and experience together with confirmation that you can devote the necessary time to this role, and your reason/s for wishing to take up this appointment.  For members of the IFoA, please provide a note of your ARN.  For non-members, please provide a CV, including full contact details.

All expressions of interest will be considered by the current Chairs of the Education Board and the Board of Examiners, together with the Director of Education and the Head of Learning and Assessment.  A short list of candidates will be created from the information provided and those on the short list will be invited to interview, during March 2016, (either by phone, video conference call, or in person).  

The appointment will require approval from the Education Board.

Contact Details

If you have enquiries about volunteering please contact Debbie Atkins, Head of Volunteer Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Education
Application closing date: 24 February 2016

 
The Institute and Faculty of Actuaries (IFoA) has over 27,000 members worldwide and provides a qualification structure that is integrated with regulatory oversight to create a holistic approach for members and their employers that is effective on a global basis.

As part of the IFoA’s Education Strategy, the Board of Examiners, on behalf of Council, is responsible for the standards which ensure that actuarial qualifications are recognised as best in class. 

The IFoA is now seeking to appoint a Deputy Chair of this important board.  The appointment falls within the IFoA’s Professional Development and Responsibility (PDR) and as such an annual fee will be paid to the post-holder in return for this service. 

The Deputy Chair appointment is for a period of two years.  Thereafter the Deputy Chair is normally expected to progress to serve as Chair of the Board of Examiners for a further two years.

We are now seeking expressions of interest from suitably qualified IFoA Fellows with significant experience in setting and maintaining examination standards in respect of professional examinations.  Ideally the Deputy Chair will have had significant experience of the IFoA examination system, either as a member of the Board of Examiners or in an academic role.  The individual will formally take up the post from summer 2016.  It is hoped the appointment will be confirmed by April to allow for succession planning and a smooth transition.

View the full details on the Task and Person Specification

View the Terms of Reference for the Board of Examiners

How to express interest:

Expressions of interest are invited from suitably qualified Fellows of the IFoA who can demonstrate their understanding of the requirements of actuarial qualifications and experience of actuarial examinations and other assessments. 

If you would like to be considered for this role please contact Debbie Atkins, Head of Volunteer Engagement.  When contacting Debbie please provide brief details of your relevant skills and experience together with confirmation that you can devote the necessary time to this role, and your reason/s for wishing to take up this appointment.  Please also provide a note of your ARN. 

All expressions of interest will be considered by the Chairs of the Education Board and the Board of Examiners together with the Director of Education and Head of Learning and Assessment.  A short list of candidates will be created from the information provided and those on the short list will be invited to interview, during March, (either by phone, video conference call, or in person).   

The appointment will require approval from the Education Board.

Contact Details

If you have enquiries about volunteering please contact Debbie Atkins, Head of Volunteer Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Education
Application closing date: 16 March 2016

Have you recently passed all the exams to qualify as a Fellow of the Institute and Faculty of Actuaries (IFoA)?

Would you like to be involved in supporting the Examining Teams as a first reviewer of the new exams for 2017?

Each year we require approximately 90 newly qualified Fellows to help us with this task.

This is an exciting opportunity to be involved in Education at the very start of the process.  The reviews are a vital part of our process to ensure that our examinations meet the standards required.

You can be a Guinea Pig 1 for up to two years after you have passed all the required exams.

You will be able to request which subject you would like to review.  We will do our best to allocate you to one of your choices.  The CT series are popular, so we are especially keen to hear from you if you would like to review the later series subjects.  You can only choose a later series subject which you have sat and passed.

You will need to be available from September onwards; exact details of the times will be made available to you if you are assigned to a subject.

This vacancy is suitable for all Fellows with the relevant experience, regardless of location, and we are particularly interested to hear from our suitably qualified overseas members.

If you would like to be part of a collaborative team, with the prospect to diversify and expand your knowledge of the education and exam area, please review the Task and Person Specification.

How to apply: 

If you would like to be considered as a Guinea Pig 1 please contact Debbie Atkins, Head of Volunteer Engagement.  When contacting Debbie please provide brief details of your relevant skills and experience to undertake this role, and a note of your ARN.  Please also indicate the subject you would like to mark.

This is one of the IFoA’s Professional Development and Responsibility (PDR) roles and as such a fee will be paid in return for this support.  View details about our PDR.

Contact Details

If you have enquiries about volunteering please contact Debbie Atkins, Head of Volunteer Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Education
Application closing date: 29 February 2016

The Institute and Faculty of Actuaries (IFoA) is seeking the support of qualified members who would like to be added to our bank of names for the role of Guinea Pig 2 (GP2).  GP2s are involved in the later stages of the exam process and contribute to the overall quality review of new exam material.  We are looking to appoint members to the following subjects:

SA1 – Health and care
SA3 – General insurance
ST1 – Health and care
ST7 – General insurance:  reserving and capital modelling
ST8 – General insurance:  pricing
ST9 – Enterprise risk management

Members who would like to express an interest in this role will be Fellows of the IFoA who have qualified within the last three years.  This task may be carried out from any location, and we are particularly keen to ensure that those undertaking this role represent the diversity of our membership.

View Task and Person Specification for the role

If, having read the Task and Person Specification, you would like to express an interest in being considered for this role, please contact Debbie Atkins, Head of Volunteer Engagement.  When contacting Debbie please provide a note of your ARN, details of when you qualified as a Fellow of the IFoA, and a brief outline of the experience that you have to undertake this role.

*Professional Development Responsibility (PDR) – please note this is one of a number of opportunities whereby members can offer to provide ‘paid’ support for a fixed service.  View details about our PDR.

Contact Details

If you have enquiries about volunteering please contact Debbie Atkins, Head of Volunteer Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Education
Application closing date: 6 March 2016

Caryn Chua, the Institute and Faculty of Actuaries’ (IFoA’s) representative in South-East Asia, introduced a volunteering initiative in the region to provide study mentoring to our students in 2015.  Due to its popularity the IFoA plans to continue this programme in 2016 and would like to recruit more volunteers.

The study group sessions are aimed at assisting IFoA students with exam technique skills and high level revisions for the Core Applications (CA), Specialist Technical (ST) and Specialist Applications (SA) exams.  Discussions are informal, organised in small groups and can be arranged at a venue and time that suit both mentors and students during the months leading up to the April and September exams.

View the Task and Person Specification for Study Mentors in South-East Asia

If you are a Fellow of the IFoA based in South-East Asia and are interested in mentoring any of the CA, ST and SA exams that you have already passed, please contact Debbie Atkins with your choice of subject(s) and to find out more. 

We are particularly interested in those who are based in Singapore or Malaysia who could help with CA2, CA3, ST1, ST2, ST9, SA1 or SA2.

Contact Details

If you have enquiries about volunteering please contact Debbie Atkins, Head of Volunteer Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Education
Application closing date: 29 February 2016

Neil Hilary, one of the Institute and Faculty of Actuaries’ (IFoA’s) Education Actuaries, is keen to hear from members who are interested in supporting a new programme of training which the IFoA has agreed to run for the Albanian Actuarial Association, in Tirana, at the beginning of next year.

We are seeking qualified members of the IFoA to volunteer to travel to Tirana to teach a cut-down version of ST4 over five days (travel, food and hotel accommodation costs will be met by the local regulator).  View the syllabus.  It is part of a fuller qualification which encompasses the IAA actuarial syllabus and beyond.

The volunteer will prepare his/her own teaching material but we will supply core reading and if possible ActEd’s CMP (but not their tutorial notes/slides).

The volunteer will be responsible for choosing a selection of past ST4 questions to serve as an exam paper, to be sat a month after departure, and to mark the students’ exam attempts. A back-up exam may also be necessary, if not everyone passes first time.

If this opportunity is of interest to you, and you would like to find out more, please contact Debbie Atkins, Head of Volunteer Engagement.  When contacting Debbie please provide brief details of your relevant experience in teaching/training and in the ST subjects.  Please also provide a note of your ARN and  indicate which of the subjects (on the draft syllabus) you would like to teach.  Please note that only the ones marked IFoA are relevant.  Debbie will be pleased to pass on all expressions of interest to Neil Hilary and all offers of support will be progressed as received rather than waiting until after the closing date. 

Contact Details

If you have enquiries about volunteering please contact Debbie Atkins, Head of Volunteer Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Education, Pensions
Application closing date: 15 February 2016

Exam Counsellors are appointed by the Institute and Faculty of Actuaries (IFoA) to help students understand and improve their performance in a particular examination subject.

The Learning and Assessment team are seeking to add four Exam Counsellors for CA2 to our existing bank of supporters. 

The aim of the exam counselling service is to help students understand:

  • reasons why they failed the paper
  • how to improve their examination performance in their specific subject
  • how to improve their examination technique generally.

This role involves providing the written report only, although may evolve to include also the report and follow-up phone call applications.

View Task and Person Specification

Previous exam marking experience will assist in this role but it is not a mandatory requirement.  Geographic location is not an issue.  Ideally you should be a Fellow of the IFoA and hold a pass in CA2.

How to apply:

If, having read the Task and Person Specification, you would like to be considered as an Exam Counsellor for this subjects, please email your expression of interest to Debbie Atkins, Head of Volunteer Engagement.  When contacting Debbie, please provide brief details of your relevant experience and a note of your ARN would also be helpful.  All expressions of interest will be progressed as received, rather than waiting till after the closing date.

This opportunity is one of the IFoA’s Professional Development and Responsibility (PDR) roles and as such a small fee will be paid in return for this support.

Contact Details

If you have enquiries about volunteering please contact Debbie Atkins, Head of Volunteer Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Education
Application closing date: 15 February 2016

The Institute and Faculty of Actuaries’ (IFoA's) Education Directorate is seeking to hear from Fellows who would like to be considered for the role of Examiner for subject CA2 Modelling Documentation, analysis and reporting.  This is a senior vacancy within the CA2 team.

We are seeking to make two appointments.

This is an exciting opportunity for members to be involved in Education and to support this well established, enthusiastic and committed team of examiners in maintaining the standards of the exam session and assisting with all aspects of the examination process.  This role provides support to the Principal Examiner, other Examiners and Assistant Examiners during the entire exam cycle for the subject.  It is suitable for all Fellows with the relevant experience, regardless of their location, and we are particularly interested to hear from our suitably qualified members based outside the UK.

If you would like to be part of a collaborative team, with the prospect to diversify and expand your knowledge of the education and exam area, please review the Task and Person Specification

How to apply: 

If you would like to be considered for the role of CA2 Examiner (PDR) please contact Debbie Atkins, Head of Volunteer Engagement.  When contacting Debbie please provide brief details outlining your relevant skills and experience to undertake this role and your reasons for applying.  Please also provide a note of your ARN.

This is one of the IFoA’s Professional Development and Responsibility (PDR) roles and as such a fee will be paid in return for this support.  View details about our PDR.

Contact Details

If you have enquiries about volunteering please contact Debbie Atkins, Head of Volunteer Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Education
Application closing date: 15 February 2016

Exam Counsellors are appointed by the IFoA to help students understand and improve their performance in a particular examination subject. 

The Learning and Assessment team are seeking to add two Exam Counsellors for ST9 and SA2 to our existing bank of supporters.  The aim of the exam counselling service is to help students understand:

  • reasons why they failed the paper
  • how to improve their examination performance in their specific subject
  • how to improve their examination technique generally.

This role involves providing the written report only, although may evolve to include also the report and follow-up phone call applications.

View Task and Person Specification

Previous exam experience will assist in this role but it is not a mandatory requirement.  Geographic location is not an issue.  Ideally you should hold a pass in subjects that you would like to act as an Exam Counsellor in.

How to apply: 

If, having read the Task and Person Specification, you would like to be considered as an Exam Counsellor for either of these subjects, please email your expression of interest to Debbie Atkins, Head of Volunteer Engagement.  When contacting Debbie, please provide brief details of your relevant experience and indicate which subject you wish to take on.  A note of your ARN would also be helpful.  All expressions of interest will be progressed as received, rather than waiting till after the closing date.

This opportunity is one of the IFoA’s Professional Development and Responsibility (PDR) roles and as such a small fee will be paid in return for this support.

Contact Details

If you have enquiries about volunteering please contact Debbie Atkins, Head of Volunteer Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Education, Life insurance, Risk management
Application closing date: 29 February 2016

The Institute and Faculty of Actuaries’ (IFoA’s) Education Directorate is seeking to hear from Fellows who would like to be considered to join a bank of Assistant Examiners for future support, in relation to marking:

  • SA3 General Insurance (Specialist Application)

This is an exciting opportunity for Fellows to be involved in Education and support and become involved in this well established process. 

As an assistant examiner, you will be part of a team, led by the Principal Examiner and their senior team and you will work to pre-set deadlines.  We will run a marking exercise before you move to live marking.  The main meetings and marking will be taking place in October and November each year and specific dates will be advised before appointment.

This vacancy is suitable for all Fellows, with the relevant experience, regardless of your location, and we are particularly interested to hear from our suitably qualified overseas members.  If you would like to be part of a collaborative team, with the prospect to diversify and expand your knowledge of the education and exam area, please review the Task and Person Specification.  

How to apply

If you would like to be considered as an Assistant Examiner please contact Debbie Atkins, Head of Volunteer Engagement.  When contacting Debbie please provide brief details of your relevant skills and experience to undertake this role, and a note of your ARN.

This is one of the IFoA’s Professional Development and Responsibility (PDR) roles and as such a fee will be paid in return for this support. 

Contact Details

If you have enquiries about volunteering please contact Debbie Atkins, Head of Volunteer Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Education, General insurance

Independent Examiners are appointed by the Institute and Faculty of Actuaries (IFoA) to assist in monitoring the quality and standards of university programmes with IFoA exemption agreements.

They play a vital role in ensuring that the exemption recommendation process runs smoothly and make a positive impact on maintaining and developing university programmes which have agreements with the IFoA.

This enables us to demonstrate to the Financial Reporting Council Conduct Committee as well as other stakeholders and customers, that the quality and standards of alternative routes to Qualification are equivalent to the IFoA’s exams.

This is a senior role with a high level of responsibility and as such we take considerable care in the selection process.

We are seeking to hear from Fellows, Associates and Honorary Fellows who have:

  • experience in actuarial practice and/or are involved in teaching actuarial science programmes
  • relevant experience in setting and marking the IFoA’s exams, or equivalent university programme or professional qualification exams
  • a good working knowledge of the IFoA’s current exam syllabus and structure and awareness of the latest developments.

It is important to us to have the right balance of practitioners and academics each year and therefore we are keen to build up a good bank of support upon which we can draw.

View the Task and Person Specification

How to apply

If you would like to be considered as an Independent Examiner, please review the Task and Person Specification.  Then email your expression of interest to Debbie Atkins, Head of Volunteer Engagement.

When contacting Debbie, please state your ARN and provide responses to the following questions: 

  • highlight your relevant experience, in actuarial practice and/or academia, and provide an indication of your experience in setting and marking the IFoA’s exams, or equivalent
  • please give brief details of what you see as the greatest strengths and values of the IFoA’s exam syllabus and structure that should be represented in the Accredited Programme.  Include your perception of the latest developments.

All expressions of interest will be considered by the Education Committee at their first meeting after the offer of support has been received.

This is one of the IFoA’s Professional Development and Responsibility (PDR) roles and as such a fee will be paid in return for this support.

Contact Details

If you have enquiries about volunteering please contact Debbie Atkins, Head of Volunteer Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Education
Application closing date: 17 February 2016

Are you a member of the Institute and Faculty of Actuaries (IFoA) and do you live or work in Birmingham or the Birmingham area of the UK?

If so would you like to volunteer to support a careers exhibition on 26-27 February?

We are looking for 3-4 students or qualified members to help promote a career as an actuary to young people at this careers exhibition in Birmingham.  The show is lively and fun and our volunteers say they enjoy speaking to enthusiastic young people and helping guide them in their careers.  This is a one off volunteer vacancy and we are looking for individuals to provide support in a morning or afternoon session on these dates.

If you would like to volunteer, or would like to find out more, please contact Debbie Atkins, Head of Volunteer Engagement.  When contacting Debbie please provide a note of your ARN.  Debbie will put you in contact with Georgina Jenkins, the IFoA’s Careers Marketing Leader.  All offers of support will be progressed as received rather than waiting until after the closing date.

Contact Details

If you have enquiries about volunteering please contact Debbie Atkins, Head of Volunteer Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Application closing date: 25 February 2016

The Institute and Faculty of Actuaries’ (IFoA’s) Student Consultative Forum was formed over 15 years ago.  Its function is to give our student members a communication channel to feedback to the Education Executive staff on aspects of the student examination qualification exam systems and experience throughout the year.  This original Student Consultative Forum focuses on members based in the UK.  A new International Student Consultative Forum has also been formed.

The membership of the forum comprises of:

  • representatives from the IFoA’s Education Committee
  • Chair and Deputy Chair of the IFoA’s Board of Examiners
  • a member of the IFoA’s Executive staff
  • Regional Society student representatives from within the UK
  • a representative from ActEd
  • The Actuary magazine student page editor.

By working together members of the forum engage in a two-way open and transparent communication process, in its representation of students.

We are now seeking a replacement volunteer to represent the Glasgow Actuarial Student Society (GASS).

View the Task and Person Specification for this new role

How to get involved:

If you are a student member of the IFoA and you live or work in Scotland in the Glasgow area, please express an interest in being considered for this role.  Please contact Debbie Atkins, Head of Volunteer Engagement, to register your interest.  When contacting Debbie please provide the following:

  • brief details of your reasons for wishing to become involved
  • a note of your relevant skills and experience that would make you suitable for this role
  • your ARN.

After the closing date, all expressions of interest will be considered by the President and the Honorary Secretary of GASS in conjunction with the Registrar at the IFoA.

Contact Details

If you have enquiries about volunteering please contact Debbie Atkins, Head of Volunteer Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Application closing date: 7 April 2016

In 2015, the Institute and Faculty of Actuaries (IFoA) formed an International Student Consultative Forum.

We are now seeking to increase the number of student representatives we have on the forum to support an equal representation of our students around the world.

The purpose of the forum is to give our international students a direct link to the IFoA Executive team.  The forum allows us to engage with students on developments of the qualification process, and to welcome feedback on the exam process as well as the operational aspects of the service we provide.

We are particularly interested in recruiting representatives in the following areas of the world:  

  • India and the Middle East
  • Asia
  • Europe
  • Oceania
  • Africa

In addition, or included in the above, we are also specifically seeking to appoint at least one student member who has direct experience of addressing the needs of people with disabilities.  

View the Task and Person Specification for this new role

How to get involved: 

If you would like to express an interest in becoming an International Student Consultative Forum Representative, please contact Debbie Atkins, Head of Volunteer Engagement.  When contacting Debbie please provide the following information: 

  • brief details of all your relevant skills and experience in line with the requirements set out in the Task and Person Specification and your reasons for wishing to become involved on this Forum
  • the geographical area where you are based
  • a note of your ARN.

All expressions of interest will be considered by the IFoA’s Registrar and the Director of Education, and decisions will be based on the information you provide to Debbie.

Contact Details

If you have enquiries about volunteering please contact Debbie Atkins, Head of Volunteer Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Application closing date: 29 February 2016

The Health and Care Research Committee is planning to re-launch a member-led working party looking at the funding of cancer treatment in the UK.

Brief description:

Areas for research could include:

  • funding on the NHS
  • coverage from insurance
  • clinical pathway analysis.

Working party objective/aims:

The likely aims of the working party are:

  • to consider rationing of cancer care and services
  • to consider the mix of public and private funding
  • to understand the insurance products in the market relating to cancer care
  • where possible, to have a clear interface with existing and evolving health and social care policies that affect people with cancer, and research and opinion pieces published by academic groups and think tanks.

From the previous meetings, the working party has decided that bowel cancer will be the focus of the research.

The aim and objectives may be refined/amended after discussions with the new working party members, if that is deemed appropriate.

Experience/skills/background desirable:

Ideally, applicants for the working party will have a background in healthcare insurance and knowledge of the healthcare system in the UK.  In addition to that, it would be desirable to have some understanding of different research methods as well as experience of literature review.

The most important attributes are to have a strong interest in the topics around cancer funding and a desire to move the working party forward with other members in the group.

Outputs:

The working party aims to present some initial findings during 2016.  As the format of the presentation has not been determined, it is likely to be a combination presenting to regional societies and/or the Actuary magazine and potential events.

The working party aims to present their full findings and potential next steps at the Health and Care Conference in 2017.

The types of tasks working party members take part in:

  • conducting research
  • chairing meetings
  • reviewing literature and draft papers/reports
  • interviews
  • creating questionnaires
  • writing
  • modelling.

Time commitment:

Volunteers will typically be expected to attend between 6 – 12 meetings per annum and to perform research between meetings.

Meetings are often held in London, however, there is flexibility based on where the majority of the working party members are based, and flexibility regarding the attendance at meetings where members can attend by conference call as necessary.  Meetings usually last for one to two hours. 

Getting involved: 

If you would like to offer your support and consider volunteering for the working party, please contact Debbie Atkins, Head of Volunteer Engagement.  When contacting Debbie, please provide:

  • brief details of your relevant experience and your reason for wishing to become involved
  • a note of your ARN.

After you submit your interest:

An initial meeting for the working party will be held in March/April 2016 in London, and attendance can either be in person or by conference call.  This is to refine/confirm the scope of the working party and determine the next steps.

Contact Details

If you have enquiries about volunteering please contact Debbie Atkins, Head of Volunteer Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Health and care
Application closing date: 25 February 2016

The Institute and Faculty of Actuaries (IFoA) is seeking two proactive, innovative volunteers to join the Health and Care Research Committee, to help drive the development of actuarial practice in the Health and Care area.

If you are a Fellow or Associate of the IFoA, with an interest in research and experience in Health and Care, please consider volunteering to be considered for this role.

View the Task and Person Specification for the role of committee member
View the Terms of Reference for this Committee

Time commitment: 

Approximately four to five hours per month, with up to five meetings per year.  Attendance can be in person or by conference call, and international members are encouraged to volunteer.

How to volunteer: 

If, having read the Task and Person Specification for this role, you would like to volunteer to be considered for this committee, please contact Debbie Atkins, Head of Volunteer Engagement.  When contacting Debbie please briefly indicate your relevant experience and your reason for wishing to take on this role.  A note of your ARN would also be helpful.

Contact Details

If you have enquiries about volunteering please contact Debbie Atkins, Head of Volunteer Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Health and care
Application closing date: 14 March 2016

The Institute and Faculty of Actuaries' (IFoA’s) Pensions and Long Term Care Products Research Group is seeking two volunteers to join the group as it embarks on a further phase of research.  Follow the links below to view the first two papers:

  1. How pensions can meet consumer needs under the new social care regime (updated Jan 2015)
  2. How financial products can work alongside the Care Act 2014 to help people pay for care (Dec 2015)

The next phase of research will build on the findings of the first two reports and use actuaries modelling skills to provide insight into the social care funding reforms that form part of phase two of the Care Act. We will also be completing work that drives forward the recommendations from the previous report.

Experience and skills

We are looking for volunteers with experience or a strong interest in any of the following areas, though ideally we would like members who could cover more than one area:

  • pensions
  • long term care
  • life assurance pricing
  • product development
  • analysing population data.

Time commitment

The group has a conference call every other Tuesday from 16.00 to 17.00 GMT, with other ad hoc meetings as required.  We are looking for someone to join the group from April and we would ideally like members who are able to commit to the group for a year, as it is likely to take this long to complete a third report.

How to apply

If you would like to express an interest in joining this group, please contact Debbie Atkins, Head of Volunteer Engagement.  When contacting Debbie please provide brief details of your relevant skills and experience, and which area you have an interest in.  For members of the IFoA, please provide a note of your ARN.  For non-members, please provide your full contact details and a CV.

Contact Details

If you have enquiries about volunteering please contact Debbie Atkins, Head of Volunteer Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Health and care, Pensions
Application closing date: 21 February 2016

The Chair of the Emerging Risks working party is looking for three pro-active members to volunteer to join this working party seeking to build on the work it has already accomplished. The working party is currently working on a sessional paper, and the date for the sessional will be confirmed in the next few weeks.  The Chair is looking for volunteers with experience in the quantification and communication aspects of emerging risks.

Time Commitment:  

Volunteers will typically be expected to attend between five to eight meetings during the course of the coming year and to perform research between meetings.  It is anticipated that this will equate to approximately one to two hours per month.  Meetings are held in London, but attendance by conference call is available.

How to get involved: 

If you would like to volunteer to be considered for the working party, please contact Debbie Atkins, Head of Volunteer Engagement.  When contacting Debbie, please provide brief details of your relevant experience as well as your reason for wishing to be involved.  A note of your ARN would also be helpful.

Contact Details

If you have enquiries about volunteering please contact Debbie Atkins, Head of Volunteer Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Risk management
Application closing date: 2 March 2016

The Life Research Committee set up this working party in 2015 to look at different topics related to the structure of unit-linked funds.  We are now looking for up to three additional members to join the working party.

Working Party Objective/Aims:

The aim of this Working Party is to undertake research to improve the understanding of recent developments and emerging trends in structuring unit-linked funds.

Areas for research could include:

  • how have fund structures changed over the years?
  • what are the typical fund structures used today?
  • how might fund structures develop in the future?
  • what is the customer impact from different fund structures being used?
  • what are the risks to customers and firms of different fund structures (e.g. reinsurance, credit risk, FSCS cover)?
  • have political changes (auto-enrolment, S2, etc.) impacted on fund structures and is that a good thing?
  • who is influencing the structure and are recent changes always in the best interest of customers?

Experience/Skills/Background desirable:

We are ideally seeking to hear from members who have practical knowledge of working with unit-linked funds in a range of settings, and also, where possible, have experience of undertaking research.

Time Commitment: 

It is hoped that the commitment would be between 9 and 12 months, encompassing:

  • monthly meetings with dial in facilities
  • time to research/validate the results
  • time to draft the paper
  • presentation and discussion at sessional meeting.

Meetings usually last for one to two hours, will be held in London or Edinburgh.

Getting involved: 

If you would like to offer your support and consider volunteering for this working party, please contact Debbie Atkins, Head of Volunteer Engagement.  When contacting Debbie, please:

  • indicate your primary areas of interest (i.e. drafting the paper, researching/validating any viewpoints etc.)
  • provide brief details of your relevant experience  and your reason for wishing to become involved
  • a note of your ARN.

After you submit your interest:

A maximum of three additional volunteers will be accepted onto this working party to allow for a small enough group to meet regularly and to make progress.  It is anticipated that the first meeting of the re-launched working party will be a scoping meeting, to be held in Holborn Gate in London.  Attendance can either be in person or by conference call. 

Contact Details

If you have enquiries about volunteering please contact Debbie Atkins, Head of Volunteer Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Life insurance
Application closing date: 24 February 2016

The Institute and Faculty of Actuaries’ (IFoA’s) Mortality Research Steering Committee (MRSC) is a group of cross disciplinary actuaries and professionals who are experts in the fields of demography, epidemiology, gerontology, longevity and mortality. They aim to advance mortality, morbidity and longevity research via collaboration, interaction and knowledge transfer.

The MRSC remit is:

  • to contribute towards the IFoA becoming recognised as a leader in the research of mortality, morbidity and longevity issues
  • to support the Research and Thought Leadership Committee (RTLC) in ensuring that IFoA Learned Society and Thought Leadership objectives, as they relate to mortality, morbidity and longevity research, are being delivered and remain appropriate
  • to provide a forum for raising mutually applicable issues relating to mortality, morbidity and longevity research, and champion their resolution within the IFoA or escalate to RTLC as appropriate.

The Volunteer Role:

The MRSC is seeking to appoint a volunteer who is an academic practising in the field of actuarial science.

View the Task and Person Specification

Additional information which may also be helpful includes:

How to get involved: 

If, having read the Task and Person Specification, you would like to express an interest in volunteering to join this committee please contact Debbie Atkins, Head of Volunteer Engagement.  When contacting Debbie please outline your relevant skills and experience and a note of what you feel you could bring to this committee.  For IFoA members please also provide a note of your ARN.  For individuals who are not members of the IFoA please provide your contact details and a CV.  All expressions of interest will be considered by the Chair of the MRSC and the Head of the IFoA Research and Knowledge Team.  Approval will be required by the RTLC. 

Contact Details

If you have enquiries about volunteering please contact Debbie Atkins, Head of Volunteer Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Health and care, Lay (non-members), Life insurance
Application closing date: 3 March 2016

An opportunity has arisen to be the volunteer Industry Supervisor for a PhD project on structured products. 

View the Task and Person Specification

The project aims to design new products that can be used by insurance companies to smooth investment returns for their customers over the long-term. The focus is on mechanisms for investment risk-sharing between customers, and between customers and the insurance company.  The project will last three years and is based at Heriot-Watt University, Edinburgh but location is not a barrier as engagement and support can be provided in person, by Skype or by phone.  Practical knowledge of with-profits and/or structured products is highly desirable, as is a willingness to engage with the PhD student and Academic Supervisors, to help steer the PhD research.

If you would like to volunteer to provide this support please contact Debbie Atkins, Head of Volunteer Engagement.  When contacting Debbie please provide brief details of your relevant skills and experience.  For members of the Institute and Faculty of Actuaries (IFoA), please also provide a note of your ARN.  Non members are also welcome to volunteer and we ask that you provide your CV, with details of your current employment, and full contact details, including your postal address, email and phone number.

All expressions of interest will be considered, after the closing date, by the Academic Supervisor for this project, with support from the IFoA’s Head of Research and Knowledge.  A decision will be based on the information provided when expressing interest in this role.

Contact Details

If you have enquiries about volunteering please contact Debbie Atkins, Head of Volunteer Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Education, Life insurance, Pensions, Risk management

This is a new opportunity to support the quality assurance of the IFoA’s research outputs.

Background:

As a Learned Society, the Institute and Faculty of Actuaries (IFoA) has an active research agenda through volunteer working parties and commissioned research projects, primarily under the remit of the seven Practice Boards or the Research and Thought Leadership Committee (RTLC).  Research topics include all practice areas, as well as emerging themes for the actuarial profession. 

All IFoA research seeks to be open access, thus freely available to a variety of audiences worldwide.  Therefore, it is important that research outputs are of the highest quality.

Research outputs typically include sessional meeting papers, other published research papers, conference presentations and also journal articles.  Dissemination can be through sessional meetings, conferences and other events; journals and publications, including the British Actuarial Journal and Annals of Actuarial Science; the IFoA website and external channels.

This Volunteer Role:

The IFoA is seeking to build up a pool of volunteers who have an interest in research and are in a position to review research outputs on an ad hoc basis.  The volunteers will form a virtual group know as the Research Peer Review Pool.

View the Task and Person Specification

How to volunteer:

If you are interested in becoming a member of the Research Peer Review Pool please contact Debbie Atkins, Head of Volunteer Engagement.  When contacting Debbie please provide details of your expertise and interests.  All offers of support will be progressed as received and will be followed up by the Research Programmes Manager.  

Contact Details

If you have enquiries about volunteering please contact Debbie Atkins, Head of Volunteer Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Health and care, Lay (non-members), Life insurance
Application closing date: 3 March 2016

The goal of this new working party, which is a joint venture with the Chartered Finance Analyst Society (CFA), is to investigate best practice from a customer perspective when communicating investment returns to UK retail investors at three key stages in their journey, specifically:

Pre-sale:

  • the effectiveness, fairness and general comprehension of risk and return models available to customers via provider websites or the tools designed for financial advisers to illustrate the potential accumulation and decumulation projections of investor’s investment funds.

Point of sale:

  • establishing customers' attitude to investment risk using stochastic or deterministic modelling and the underlying modelling assumptions under both the traditional routes to market and also the recent emergence of “robo-advice”
  • at issue of statutory disclosure documents (e.g. Key Investor Information Documents (KIIDs) and the disclosure which will be required under upcoming Packaged Retail and Insurance-based Investment Products (PRIIPs) and MiFID II requirements.

Post sale:

  • the presentation and understandability of regular individual investment performance reports including comparison of the use of traditional Time Weighted Rates of Return against the potential to use more client-specific Money Weighted Rates of Return.

Approach:

The precise scope and approach will be agreed by the working party and Institute and Faculty of Actuaries (IFoA) from the following:

  • review work and outputs of the Transforming Customer Information working party (view the research here), and also recent 2014/15 IFoA working party on Investment Performance Standards
  • to liaise with external organisations in order to further strengthen the reputation and influence of this work, e.g., FCA, Investment Association and CFA Society
  • design and mock-ups of different disclosure approaches to the three key stages of the journey for consumer testing
  • engagement  with the customer research agencies with support from the IFoA to test the best projection and performance designs  for a customer, ideally splitting into advised and non-advised segments, and also taking account of varying levels of investor experience from novice to experienced. This research is the key tool of the working party
  • investigate where the working party’s best practice findings can be cross referenced with Technical Actuarial Standards and other guidance/policy on communication, including the Actuaries Code.

Output is expected to be a paper/presentation, recommendation and industry discussions to showcase results and to facilitate the IFoA’s strategic thinking and underpin engagement with policymakers.

Working Party members:

The working party is expected to consist of around six to eight members who have knowledge of the UK investment and retirement industry.  As this is a joint venture with the CFA we are looking to reflect that collaboration in membership of possible.

Volunteers will have the opportunity to receive CPD if applicable in terms of the current CPD Scheme, and the opportunity both to network and showcase the IFoA research from the working party. 

Meetings will be held on a monthly basis, either in person or by teleconference, and volunteers will be expected to perform research between meetings.  The intention is for final outputs to be reported in late 2016.

Getting involved:

If you would like to offer your support and consider volunteering for the working party, please contact Debbie Atkins, Head of Volunteering Engagement.  When contacting Debbie, please provide brief details of your relevant experience and your reasons for wishing to become involved.  If you are a member of the IFoA, please also provide a note of your ARN.  If you are a non-member, please provide your CV, including full contact details.

Contact Details

If you have enquiries about volunteering please contact Debbie Atkins, Head of Volunteer Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Finance and investment
Application closing date: 3 March 2016

The Institute and Faculty of Actuaries (IFoA) is seeking to appoint a board member to help drive this board forward.

An experienced Fellow is sought to join the Finance and Investment Board as the board member with specific responsibility for community engagement.  Specifically this appointment would have the responsibility for raising the profile and supporting those working in the field of Finance and Investment. 

We are seeking to hear from experienced, proactive members who would like to express an interest in taking on this volunteer role.  This is a great opportunity to become involved and act as the spokesperson for community engagement for the Finance and Investment Board, working as required through and supported by the IFoA.

View the detailed Task and Person Specification

View the Terms of Reference for this board

 
The Finance and Investment Board meets four times each year at Holborn Gate, London, but attendance can be by conference call.  Volunteers will also be involved, between meetings, in progressing the board’s objectives.  The board is supported by the IFoA Practices Executive team.

How to offer support:

If, having read the attached documents, you would like to express an interest in being considered for this volunteer role on this board, please contact Debbie Atkins, Head of Volunteer Engagement.  When contacting Debbie, please provide a brief outline of your relevant experience and a note of what you feel you could bring to this role.  A note of your ARN would also be helpful.

All expressions of interest will be considered by the Chair of this board as they are received, and will require Management Board approval.

Contact Details

If you have enquiries about volunteering please contact Debbie Atkins, Head of Volunteer Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Finance and investment
Application closing date: 29 February 2016

The Practising Certificates Committee (PCC) is seeking to appoint a new member to join the Pensions Panel.

Expertise required

The current Chair of the PCC, Gary Hibbard, is seeking to hear from members who are Fellows of the Institute and Faculty of Actuaries (IFoA) (qualified for at least three years) and who have up to date experience in, and knowledge of, Scheme Actuary work coupled ideally with broader experience of pensions work to contrast Scheme Actuary work against.

View Terms of Reference for this Committee

Time Commitment

Approximately, on average, ten hours per month, maybe more in December and January.  There are two review meetings each year which are held at Holborn Gate, London.  Attendance by conference call is possible.  During the rest of the year the PCC approve applications by email, and only if a case needs discussed will they meet by conference call.

Tenure

It is hoped that members of this committee will be happy to take up a tenure of at least three years.  Tenure is reviewable on a regular basis depending on changing circumstances, participation and performance in PCC matters.

How to offer support

To volunteer to provide support to the PCC please contact Debbie Atkins, Head of Volunteer Engagement.  When contacting Debbie please can you briefly indicate your relevant experience both as a Scheme Actuary and in the Pensions practice area.  Please also provide a note of your ARN and confirmation that you are more than three years qualified.

Contact Details

If you have enquiries about volunteering please contact Debbie Atkins, Head of Volunteer Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Pensions
Application closing date: 21 April 2016

In January 2010, the Institute and Faculty of Actuaries' (IFoA’s) UK Asbestos Working Party released its 2009 estimate of the future cost of UK asbestos-related claims to the insurance industry.  The estimates were, in part, based on a survey of aggregated asbestos-related claims numbers and costs for a large proportion (estimated to be around 80%) of the UK Insurance Market.

This year the working party intends to produce an updated UK Insurance Market estimate of the future cost of UK asbestos-related claims.  To facilitate this process, the working party intends to carry out a market survey of insurance company claims data, similar to the summary data sets collected previously.  The next survey is intended to be carried out during the first quarter of 2016 and will include claims experience up to year end 2015.  Completed responses are required by Thursday, 21 April 2016.

Although the estimated coverage of previous surveys has been very high, the working party would like to increase this coverage rate yet further to cover as much of the UK Insurance Market as possible.  The greater the coverage of this survey, the more relevant the working party’s findings are likely to be to the insurance industry as a whole.  If your organisation has exposure to UK asbestos-related claims and you would like to participate in the survey (on an anonymous basis) please contact Kimberley Hutton at the IFoA  on +44 (0)20 7632 2197, who will be happy to forward you a template to complete.  Any data that you are able to provide will be greatly appreciated.

Confidentiality

The working party recognises the need to maintain confidentiality and that most organisations that are willing to contribute to the survey would prefer that their answers are kept anonymous.  To achieve this, all responses will be sent directly to a staff member at the IFoA , who is not connected to the working party.  The individual responses will then be aggregated before they are passed on to the individual members of the working party.  This will ensure that no members of the working party will be able to identify the data for any particular company.  The working party will make no mention of which companies take part in any survey.  In addition, the individual company data will be deleted once it has been amalgamated.

The IFoA's UK Asbestos Working Party consists of actuaries working for either insurance or reinsurance companies or actuarial consultancies with considerable experience in the area of analysing asbestos-related liabilities.  The aim of the working party is to monitor the insurance industry’s ongoing exposure to UK asbestos-related claims and to help those people responsible for estimating such liabilities to understand the issues that have an impact on the future liabilities and to assist them in making related judgements.

Contact Details

If you have enquiries about volunteering please contact Debbie Atkins, Head of Volunteer Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: General insurance
Application closing date: 22 February 2016

During 2015 the Institute and Faculty of Actuaries (IFoA) was contacted by the Welsh Government to investigate the feasibility of establishing a Regional Society in Wales, based in and around Cardiff. Following on from this we have recently contacted IFoA members based in Wales to gauge their interest in such a society. We are delighted to advise that there is strong support for this initiative and as a result, we have received many offers of support and would now like to set up a committee to take this forward.

The purpose of the committee: 

The committee will be responsible for organising local CPD, and social, networking events and in doing so they will be able to make good use of the online event material available from the IFoA.  The committee members will be supported by the IFoA’s Regions Manager and they will benefit from the opportunity to collaborate and share best practice with other IFoA regional society committees around the globe.

Skills and Experience: 

Post-holders will be individuals who live and/or work in and around Cardiff and who already have a good network of contacts in the region.  They should also be prepared to play their part, and take their turn, in suggesting topics and speakers, organising the events (both technical, social and professional skills), sourcing speakers, sourcing and arranging venues for these events and sometimes acting as Chair of the event itself.  They will ideally also be good communicators who are able to encourage others to get involved.  It is hoped that the group will become an excellent resource for IFoA members in the region; for IFoA members visiting the region; and for some non-member professionals.

View the IFoA’s current Regional Actuarial Activity

View the IFoA’s Regions Report 2014/2015

View the IFoA’s Regional Society Tool-kit - designed to support the committee

Make up of the committee: 

It is hoped that this inaugural committee will be a good cross section of the following:

  • representatives from a range of different practice areas
  • different organisations in the region
  • at least one Fellow and one Student

How to get involved:
 
If you are a member of the IFoA and live and/or work in Cardiff or the surrounding area and you would like to express an interest in being considered for this new volunteer role, please contact Debbie Atkins, Head of Volunteer Engagement.  When contacting Debbie please provide a brief note of your reasons for wishing to be involved, your geographic location, practice area, company name (if applicable) and a brief description of your relevant skills and experience. A note of your ARN would also be helpful.  We are also keen to hear if you are interested in leading this group and if this is of interest please include this in the information you provide.  All expressions of interest will be followed up by the IFoA’s Regions Manager.  Appointments will be approved by the IFoA’s Membership Director.

Contact Details

If you have enquiries about volunteering please contact Debbie Atkins, Head of Volunteer Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

As part of the Institute and Faculty of Actuaries’ (IFoA’s) International strategy of proactive engagement we speak up on relevant matters through our representation on both the International Actuarial Association (IAA) and the Actuarial Association of Europe (AAE).

IFoA members who are appointed by the IFoA to represent the IFoA, in this way, do so via a range of activities which include focusing on:

  • Education issues
  • Professionalism
  • Assisting new Associations
  • Committee work – such as looking at aspects of relevance to specific practice areas in General Insurance; Life Insurance; Pensions; Health and Care; Finance and Investment; Risk Management and Resource and Environment.

Find out more about the IAA

Find out more about the AAE

Getting involved

If you are a qualified member of the IFoA with an international remit, or international experience, please consider expressing an interest in getting involved, in future opportunities.  We are ideally seeking members with existing experience of volunteering for the IFoA, and this would be desirable although it is not essential.  Occasionally a student member of the IFoA who has extensive experience in a particular area may also be able to offer support to one of the Task Forces.

When a new opportunity arises, or when a current volunteer stands down from their post, we will fill this opportunity by advertising on this volunteer vacancies webpage.  At that time a detailed Task and Person Specification will explain what is involved.  Sometimes, these vacancies require to be filled fairly quickly.  In light of this requirement, and to encourage the chance for succession planning, we are keen to build up a bank of names of suitably qualified  members who may be interested in finding out more about how they could begin to get involved.

Expressions of interest

If, having read the above, you feel you have the relevant skills and experience and would like to offer support, and find out more, please contact Debbie Atkins, Head of Volunteer Engagement.  When contacting Debbie please state which of the above categories you feel you are best qualified to support and give brief reasons outlining why you wish to get involved.  Please also provide an abbreviated CV highlighting your relevant experience in the area, including a note of any IFoA volunteer roles you have undertaken to date, and showing your understanding and experience of working in different countries and taking account of different cultures and working practices.  A note of your ARN would also be helpful.

All expressions of interest will be progressed as received rather than waiting until after the closing date.  They will be considered by a selection panel from the IFoA’s International Board and all suitable expressions of interest will be invited to discuss this in person, or by telephone conference call, depending on location of the potential volunteer.

NB:  In addition to the above, some of our members are approached directly by the IAA and AAE and as such they are asked to take up individual appointments as Officers or a Chairperson of a Committee or as members of a Task Force or Working Group.  These members do so in a personal capacity.  They are not appointed to represent the views of the IFoA.  However, if such a member feels there is scope to share an aspect of their work with the IFoA and to seek input from the IFoA they are encouraged to make contact with the IFoA’s public affairs team.

Contact Details

If you have enquiries about volunteering please contact Debbie Atkins, Head of Volunteer Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

At the Institute and Faculty of Actuaries (IFoA) we pride ourselves on working collaboratively with organisations that employ our student members.  It is vital that we get your feedback and work with you to support your (and our) students, so make sure you have a volunteer Student Employer Contact registered with us.

How does this benefit you?  Having a Student Employer Contact:

  • Gives you direct communication with our Education Directorate
  • Will ensure you are one of the first to receive important information and updates about any changes which may effect your students
  • Allows your organisations’ voice to be heard and for you to have your say about a hot topic (such as the Education Strategy Review)
  • Provides you with support to ensure students in your organisation are supported.

If your organisation employs IFoA student members we encourage you to appoint a Student Employer Contact.  If you would like to volunteer to take on this role, or to check if someone in your firm has already volunteered, please contact Debbie Atkins, Head of Volunteer Engagement.  When contacting Debbie please provide a note of your organisation’s name and location and give an approximate number of IFoA student members currently in your firm.  A note of your ARN, if applicable, would also be helpful.  All expressions of interest will be followed up as received rather than waiting until after the closing date.

Contact Details

If you have enquiries about volunteering please contact Debbie Atkins, Head of Volunteer Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

We are seeking to appoint proactive, innovative volunteers with an interest in professional discipline and standards to take on the roles of volunteer actuaries of the Institute and Faculty of Actuaries' (IFoA's) Disciplinary Pool.

View Task and Person Specification for details

If you are interested in being considered as a member of the IFoA’s Disciplinary Pool please contact Debbie Atkins, Head of Volunteer Engagement.  When contacting Debbie please provide brief details of your relevant experience and a note of your reasons for wishing to volunteer for this role.  A note of your ARN, or membership of another professional body would be most helpful.  All expressions of interest will be considered by the Disciplinary Appointments Committee at their next meeting after the offer of support is received and you will be advised when a decision will be taken.

Contact Details

If you have enquiries about volunteering please contact Debbie Atkins, Head of Volunteer Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Regulation

If you have an interest in professional discipline and standards, please consider offering to join our Investigation Actuaries Pool.

Background

Investigations under the Institute and Faculty of Actuaries (IFoA) Disciplinary Scheme are undertaken by a team of three, comprising an Investigation Actuary, a Case Officer (from the IFoA’s Disciplinary Investigation Team) and a legal adviser (from the IFoA’s retained legal advisers). The Case Report is presented in the name of the Investigation Actuary, so it is vital that he or she is fully engaged in the process throughout.

View Task and Person Specification for details

If you are interested in being considered as a member of the IFoA’s Investigation Actuaries Pool please contact Debbie Atkins, Head of Volunteer Engagement. When contacting Debbie please provide details of your relevant experience and a note of your reasons for wishing to volunteer for this role. A note of your ARN, or membership of another professional body, would be most helpful. All expressions of interest will be considered by the Disciplinary Appointments Committee at their next meeting after the offer of support is received and you will be advised when a decision will be taken.

Contact Details

If you have enquiries about volunteering please contact Debbie Atkins, Head of Volunteer Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Regulation

"Organisations that employ at least three qualified actuaries are encouraged to appoint a CPD Co-ordinator".  This is an Institute and Faculty of Actuaries (IFoA) recommendation.
 
A CPD Co-ordinator does not have to be a qualified actuary but does need to be someone who is willing to play a pro-active role in two-way communication between the IFoA and the organisation, passing on relevant information to colleagues and providing the IFoA with feedback and suggestions.   Some organisation appoint a different CPD Co-ordinator for each of their offices around the globe; others appoint just one; and some appoint one per practice area.
 
We have created a helpful guide to illustrate how this role can operation. 

View this guide, which is called Become a CPD Co-ordinator: Engaging with employers  - this sets out some of the benefits; explains what is involved in this volunteer role; highlights the information which CPD Co-ordinators receive; and shares best practice.  This guide also includes six case studies where you can read how others do it - in their own words, existing CPD Co-ordinators in Standard Life, Royal London, Mitchell Consulting, Lane Clark & Peacock LLP, Mercer and Friends Life share their thoughts on the role.  
 
Getting involved

If you would like to volunteer to take on this role for your organisation, or to check whether your organisation has appointed a CPD Co-ordinator already, please contact Debbie Atkins, Head of Volunteer Engagement.  When contacting Debbie please provide a note of your ARN, if applicable.

Contact Details

If you have enquiries about volunteering please contact Debbie Atkins, Head of Volunteer Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Inspire the next generation to consider an actuarial career.

The Institute and Faculty of Actuaries (IFoA) is looking for members who want to promote an actuarial career to enthusiastic young people.

If you want the opportunity to get out into your community or to visit a university and help guide the next generation into a fulfilling and diverse career, as an actuary, then this is the volunteer vacancy for you!

A Career Ambassador is a rewarding opportunity which can take you to all sorts of interesting places.  We are seeking volunteers to speak at schools, colleges and universities about an actuarial career.  The IFoA also attends over 15 careers fairs annually and Career Ambassadors represent the IFoA at these events.

How it works: 

Once confirmed, you will be added to a bank of names of Careers Ambassadors.  You will then be sent a weekly email with opportunities which you can offer to help with, if you can.  This will be sent to you by our Careers Marketing Leader, Georgina Jenkins, and these opportunities might be invitations to attend a careers fair or to give an A-Level student a call to explain to him or her what an actuary does.

To volunteer to act as a Career Ambassador you should either be a qualified actuary or a student member in employment working towards your qualification. You need to be confident enough to be able to talk about your route into the profession and your current role. You should also be in a position to know a bit about the current exams and how the profession works and what we do.

There is a helpful booklet which amongst other things answers the following frequently asked questions:

  • Who can apply?
  • How does this work?
  • What can you get involved in?
  • Responding to requests

View the IFoA's Career Ambassador booklet

If you meet the above criteria and would like to volunteer in this way, please contact Debbie Atkins, Head of Volunteer Engagement.  When contacting Debbie, please confirm that you are a qualified member, or a student member in employment, and provide a note of the geographical location in which you are based.  A note of your ARN would also be helpful.

All expressions of interest will be progressed as received.

 

Contact Details

If you have enquiries about volunteering please contact Debbie Atkins, Head of Volunteer Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Providing financial education in London – Through the Livery Schools Link, London-based Worshipful Company of Actuaries has teamed up with BEE (Teaching Business Enterprise and Employability in Schools) to provide financial education to young people in the London area, especially in Tower Hamlets.

If you are a member of the IFoA and live and/or work in, or near London, please consider volunteering to share your enthusiasm and your knowledge of finance with young people in London’s schools.

 View an Introduction to the BEE Programme

To find out more and to be invited to attend an introductory talk which will illustrate what is involved, the materials that will support you, and the time commitment involved, please contact Pauline Lee to register your interest.

Categories: Finance and investment

Share your views, as a member, and make a difference.
  
No matter where you are based around the globe, please consider becoming a member of the Institute and Faculty of Actuaries' (IFoA's) 400 Club (our online strategic feedback group which helps inform Council and Management Board). This is not an onerous task but is a hugely valuable source of information and feedback for the IFoA.  It is open to all members of the IFoA, including students.  
 
The Task

You will be sent an online questionnaire, approximately six times each year.  Sometimes there will be an accompanying paper which you will need to read before completing your response.  You will have three weeks (sometimes more) in which to find time to deliver this task.  Most surveys can be completed within 15 minutes, those with associated reading may take up to an hour of your time. 
 
View our 400 Club Volunteer Experience document in which you can read what some of our members thought of their time as a volunteer member of the 400 Club. 
 
How to get involved

As you might imagine, there are 400 volunteer members in the 400 Club.   They represent our entire membership.   To become a member of the group you first need to express an interest and join the reserve list.  Please do not be put off by this, we regularly refresh the membership of this group to allow as many members as possible to have a chance to share their views.  When a vacancy becomes available a new member of the 400 Club is selected from the reserve list to best match the profile of the member who is stepping down.  
 
How to express an interest

Please contact Debbie Atkins, Head of Volunteer Engagement to express an interest in joining the reserve list or to find out more.  When contacting Debbie please provide a note of your ARN.  It would also be helpful if you could provide a note of your geographic location and membership status.  All expressions of interest will be progressed as received rather than waiting until after the closing date.
 
After each questionnaire has been completed a feedback report is produced and shared with all 400 Club members.
 
View the 400 Club feedback reports  (please note you will require to login to view these reports).
 
 

Contact Details

If you have enquiries about volunteering please contact Debbie Atkins, Head of Volunteer Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

As part of their remit to engage with members living and working in Scotland, the Scottish Board run an initiative called "Knowledge Sharing Scotland" which delivers technical and professional CPD training, to small (20-40) groups of actuaries in Edinburgh, Glasgow and Stirling, throughout the year.

The purpose is to better engage with employers of actuaries; to bring these sessions to their offices, provide networking, offer CPD, and to deliver additional events and valuable knowledge to members living and working in Scotland.
 
To view the current programme please visit the KSS webpage.  
 
The Scottish Board are seeking to hear from members who would be prepared to volunteer to support this resource either as:  

  • a speaker at a future event, and or 
  • to host a lunchtime event in their office 

If you would like to offer your support, or find out more, please contact Debbie Atkins, Head of Volunteer Engagement.  When contacting Debbie please indicate the type of support you would be willing to provide with as much detail as possible.  A note of your ARN, if applicable, would also be helpful.
 

Contact Details

If you have enquiries about volunteering please contact Debbie Atkins, Head of Volunteer Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

As part of our international strategy of proactive engagement, we have created the first in a series of International Feedback Groups. 

The first two focus on the following:

  • one to help the Institute and Faculty of Actuaries (IFoA) to provide a more comprehensive offering to members based in China and South East Asia; and
  • one to help the Institute and Faculty of Actuaries (IFoA) to provide a more comprehensive offering to members based in India.  

These International Feedback Groups are made up of members living and/or working in these countries and operate in much the same way as our pioneering 400 Club.  During the course of each year, we will send members of each group up to a maximum of three online surveys.  These surveys can be completed online at a time that suits you, over a two to three week period.  The results will help the IFoA in tracking our International strategy and in better understanding how we can serve the varied and evolving needs of our members.  
 
Your input will also be a valuable resource for the IFoA's International Board.
 
If you are a member of the IFoA and are either based in China / South East Asia or in India, or have an excellent knowledge of, or connections in, these countries and would like to be part of either of these groups, please contact Debbie Atkins, Head of Volunteer Engagement.  When contacting Debbie please provide a note of your name, ARN, and brief details illustrating your main reason/s for wishing to be involved.

Contact Details

If you have enquiries about volunteering please contact Debbie Atkins, Head of Volunteer Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

As part of our digital strategy, the Institute and Faculty of Actuaries (IFoA) is engaged in a range of digital projects.

To help us with this, we have set up a Digital Volunteer Group -  a group of people of all membership categories to be our experts in bringing forward ideas, commenting and guiding us through these projects so that the outcomes will truly reflect our members' needs. 

There are no formal criteria for members who would like to be a part of this group – all that we ask is that you have an interest in websites, and a familiarity with the profession’s own site, and/or an interest in or previous experience of online learning.  We would also expect members to have an understanding of the ‘member journey’ concept.  No special technical knowledge is required.

Membership of the Digital Volunteer Group is a great opportunity to get involved with important projects which will have long term benefits for members of the IFoA, so if this sort of thing interests you and you would like to join the Group, please contact Debbie Atkins, Head of Volunteer Engagement, in order to register your interest and to find out more.

Contact Details

If you have enquiries about volunteering please contact Debbie Atkins, Head of Volunteer Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

If you would like to volunteer to deliver a talk at a Regional Society event, please contact Debbie Atkins, Head of Volunteer Engagement.

When contacting Debbie, please provide brief details of the topic and content of your proposed task and a note of the geographical location(s) which might be of interest to you.  A note of your ARN, if applicable, would also be helpfu.

View full details of our current regional actuarial activities.

In addition, details of how to recommend a speaker, or to volunteer to be considered as a speaker, at one of the future IFoA events or residential conferences, can be found here.

Contact Details

If you have enquiries about volunteering please contact Debbie Atkins, Head of Volunteer Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Subscribe to Institute and Faculty of Actuaries: Current volunteer opportunities.