Volunteer vacancies

This page contains details of our current “Volunteer vacancies” - these are primarily opportunities for members of the IFoA. 

View some of the benefits or read a "volunteer experience".

Current Opportunities

Debbie AtkinsOur current volunteer vacancies are listed below.  Click on any of the headings to find out more.  If there is nothing, at present, which is attractive to you, please subscribe via the RSS feed below, to be kept up to date as new opportunites are advertised on this page, and take a look at our Directory of Opportunites, or contact Debbie Atkins, Head of Volunteer Engagement (pictured left), for more information.

 

 

 Subscribe to Volunteer Opportunities with the Profession  via RSS, to be kept informed of new opportunities to volunteer. (what's RSS?)

 

 

Monday, May 5, 2014

A short term, project based, working party is currently being established.  The purpose (terms of reference being finalised) is to explore the professional implications for pensions actuaries arising from the use of third party automated valuation products.   

 

Background:  We have become aware that in recent months there have been a number of new valuation software products launched into the UK market.  We understand these provide a range of valuation, modelling and analytical tools to trustee and corporate clients.  We also understand that these tools may involve actuaries relying on work by third parties (whether actuaries or not) in handling data, coding and running valuation and other calculations, etc. 

 

Role of this working party:  The Institute and Faculty of Actuaries is currently creating a working party to consider further the professional implications arising from the use of third party automated valuation products.  Any members who would like to express an interest in being considered to join this working party should contact Debbie Atkins, Head of Volunteering Engagement.  When contacting Debbie please provide a brief note of your relevant experience, your current role, and a note of your ARN.  We are particularly keen to hear from members with experience of this software.  All expressions of interest will be followed up as soon as received, rather than waiting until the closing date.

 

Time Commitment and Tenure:  It is anticipated that this group will meet twice during May and again in June, with the hope that recommendations can be agreed and produced by end July. Meeting dates are being arranged at present and can be made available to potential volunteers upon request.  Meetings will be held in London and attendance by conference call is welcomed.

 

 

Friday, May 23, 2014

Nine members will be retiring from Council at this year's AGM.  Nominations are invited from Fellows, Associates and Honorary Fellows to fill the nine vacancies.  These vacancies are:

 

  • General Constituency (6 vacancies)
  • Scottish Constituency (3 vacancies)

 

View details, including :

 

  • Task and person specification for a Council member
  • Nomination forms
  • Examples of biographical details of 2013 successful candidates
  • Q & A on constituency matters

 

 

Please note nominations will only be considered if sent to Marion Young, Council Secretary, Institute and Faculty of Actuaries, 7 th floor, Holborn Gate, 326-330 High Holborn, London WC1V 7PP by 16.00 BST on Friday 23 May 2014.   Please contact Marion if you have any quesions.

 

 

 

 

Wednesday, May 7, 2014

 

The Designated Professional Body (DPB) Committee is seeking to recruit a lay member with a good working knowledge and understanding of ethical issues affecting professionals and a good knowledge of the actuaries’ code. If you know of anyone whom you feel would be well placed to provide this objective input, please draw their attention to this opportunity and encourage them to express an interest in getting involved.

 

Background information:  The Financial Services & Markets Act 2000, which governs all financial services in the UK, has a provision to allow some professional organisations to act as a designated professional body (“DPB”). The Institute and Faculty of Actuaries (IFoA) is one of those organisations. This enables actuarial firms to carry out some exempt regulated activities without being authorised by the Financial Conduct Authority (“FCA”) if they apply for a DPB licence from the IFoA and meet certain conditions.

 

A DPB licensed firm can provide advice on investments and general insurance to business clients only, where the business is incidental to providing actuarial advice. This will include advising trustees of pension’s schemes and employers. Firms can only provide investment advice to individuals if they are also authorised by the FCA.

 

The Designated Professional Body Committee has the overall responsibility to act on behalf of Council to meet the IFoA’s responsibilities as a DPB under Part XX of the Financial Services and Markets Act 2000. As such it is responsible to Council but works with the Regulation Board for day to day co-ordination of professional issues.

 

The IFoA believes that lay membership of this committee generally promotes good governance as well as bringing specific benefits.

 

View full details on the Task and Person Specification for the role.

 

Offering support: If you would like to find out more, or express an interest in taking on this role for the IFoA, please contact Debbie Atkins, Head of Volunteer Engagement. When contacting Debbie, please provide a brief overview of your relevant skills and experience; an indication of what you feel you could bring to the role; and your reasons for wishing to offer support. All expressions of interest will be considered by the Chair of the committee, together with our General Counsel, with input from the Chair of our Regulation Board.

 

Thursday, June 5, 2014

 

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 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.

 

Thursday, November 20, 2014

We are seeking to appoint proactive, innovative volunteers with an interest in professional discipline and standards to take on the roles of volunteer actuaries or lay members of the IFoA’s Disciplinary Pool.

 

View Task and Person Specification for details

 

In addition, to the above role, the Disciplinary Appointments Committee will also be seeking to appoint either new or existing members of the Disciplinary Pool as a Convenor of Adjudication Panels and a Convenor of Tribunal Panels.  The Convenors typically chair half of the hearings per year.

 

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.  Please also  indicate if you would like to be considered for one of the Convenor roles.  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.

 

 

Wednesday, June 25, 2014

Organisations with at least 3 qualified actuaries who are members of the Institute and Faculty of Actuaries are encouraged to appoint a CPD Co-ordinator.  A CPD Co-ordinator need not be a member of the Institute and Faculty of Actuaries. 

 

Read about the role of a CPD Co-ordinator

 

Engaging with Employers:   The Institute and Faculty of Actuaries wants to engage with employers more closely.  CPD Co-ordinators provide a mechanism for the IFoA to promulgate new ways of obtaining CPD within employers' offices; to share opportunities for teams and/or individuals within organisations; and also for us to receive feedback and suggestions from the organisations that are owned by or employ our members.  To help share best practice and encourage networking and the sharing of ideas, CPD Co-ordinators are invited to attend a half day CPD Co-ordinators' annual briefing, at Staple Inn Hall, in London, each autumn. 

 

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.

 

 

Tuesday, May 13, 2014

In just over 18 months time, on 1 January 2016, Solvency II will come into force. 

 

The Institute and Faculty of Actuaries (IFoA) has a cross practice Steering Group to discuss and contribute to the policy output of the IFoA in response to the Solvency II debate and to identify ways in which our membership body can help educate, prepare, and motivate members for the challenges which lie ahead.  This includes:   

 

  • Contribution to key consultations and high level liaison with regulators;
  • Identifying and suggesting an events programme which reflects GI and cross practice requirements;
  • Creating and identifying good research material;
  • Discussing how best to communicate the changes and solutions to members;
  • Potentially commissioning research to bridge any gaps;
  • Inputting on consultations and debate.

 

This Solvency II Steering Group is made up of senior actuaries representing each practice area.  The General Insurance (GI) practice area is currently represented by Richard Bulmer of Towers Watson, who chairs the Steering Group.  As this is an important development for GI actuaries, Richard is seeking the support of an additional GI representative to join him on this group. 

 

 

View Task and Person Specification 

View Terms of Reference for the Solvency II Steering Group 

 

 

Having read these two documents, if you feel you have the skills and experience to help drive this forward, please volunteer to be considered for this role.  To offer your support, please contact Debbie Atkins, Head of Volunteer Engagement.  When contacting Debbie, please provide a brief overview of your relevant skills and experience and your reason for wishing to take on this role.  A note of your ARN would also be helpful.

 

This committee position is a crucial role now that Omnibus II has been approved and we move to the implementation phase of Solvency II by 1.1.16.  We encourage all members to draw this opportunity to the attention of colleagues who may be well placed to offer support.

 

Richard Bulmer would be happy to discuss the work of the Solvency II Steering Group with members who are interested in this role.

 

 

Tuesday, June 10, 2014

The Banking & Finance Members’ Interest Group (MIG) is seeking to appoint a new Chair of the Managing Committee.  At the same time, the group are seeking to re-invigorate its activity and to carry out a strategic review as to how best to shape involvement in this area to agree and deliver its objectives.   

 

View Guidance for Member Interest Groups (MIGs)   

 

Skills and Experience: We are seeking to hear from members who would like to volunteer to be considered for this role and who have experience in the Banking, Finance & Investment.  Ideally, this person should be willing to undertake this review and to agree and set direction for this group.  This could include determining how best members in this area can get involved in consultations; share ideas; and feed ideas on content to the ECPD committee.  It may also consider whether this should be one group for all interested members, or sub-divided into separate groups.  Key areas for delivery could include looking at ways to expand the IFoA footprint in the banking sector via:

 

  • Review of Basel regulation to understand where actuaries can add value/could add value with relevant training and experience in banking risk roles. Look across from Solvency II to consider any areas of reuse or commonality.  Basel Pillar 1 (Regulatory Capital) which considers credit risk, operational risk and market Risk.  Basel Pillar 2 (Supervisory) which considers other risk types such systemic risk, pension risk, concentration risk, strategic risk, liquidity risk and legal risk.  Pillar 3 which looks at market disclosures.  Basel 3 is due to implement in 2018 alongside existing Basel Regulations and looks to deepen regulation on liquidity risk.
  • Review broader commercial banking opportunities for actuaries by analysing job market, engaging with recruiters and potential employers, and understanding competitors in this market.  
  • Building and working with executive staff to grow the relationship with Chartered Institute of Bankers and new Banking Standards commission to collaborate on regulatory and risk developments (including professionalism standards and training).  Act as point of contact for Public Affairs/Policy Managers on banking related consultations.  Engage senior actuaries involved in the sector to help promote the profession.  
  • Liaise with education on any identified gaps in knowledge/training in exam syllabus and potentially consider liaising with CIBS on equivalence/exemptions between the organisations.
  • Develop CPD events for members either IFoA specifically or potentially joint events with other institutes eg CIBS, IOR. 
  • Liaise with Research to develop research to support the delivery of the above objectives.  
  • Maintain and develop a risk register with mitigations in line with IFoA practice for this strategic development.

 

In addition we are seeking to hear from volunteers who can ideally:

 

  • Identify key issues relating to Banking and Finance and have a desire to raise awareness and contribute to addressing the issues;  
  • Share knowledge and experience in an educational context for the benefit of other members of the MIG, and the profession generally; 
  • Be willing to help develop and share professional best practice;   
  • Be willing to assist in representing the MIG to engage and influence the IFoA (and other stakeholders) on matters relevant to the group; 
  • Be able to oversee or contribute to an area of the MIG’s initiative or work stream.

 

Time commitment:  Approximately 2 hours per month plus email correspondence, more in the first two months as the strategic review is delivered.  It is anticipated that the Managing Committee will meet, via conference call, approximately 4-5 times a year and will if possible try to arrange to meet face-to-face (where possible) once a year.  There will also be follow-up emails and actions to be undertaken between conference calls.  

 

How to volunteer: If you are a member of the IFoA with considerable experience in this area and believe you could make a difference and drive this group forward, please express an interest in this role by contacting Debbie Atkins, Head of Volunteer Engagement.  When contacting Debbie please provide brief details of your relevant experience and your reasons for wishing to take on this role.  A note of your ARN would also be helpful and please also outline, briefly, how you would go about undertaking this strategic review.  All expressions of interest will be followed up by the Chair of the Finance & Investment Board along with members of the Banking and Finance MIG Managing Committee.  

 

 

 

 

 

 

 

Wednesday, May 28, 2014

The Pensions Research sub-committee is currently overseeing the formation of five new member-led research working parties.  These five topics are:  

 

  1. Achieving value for DC Pensions: Impact of Charging and Returns;  
  2. Balance Sheet Risk and Defined Benefit Pension Schemes;  
  3. Inheritance and Retirement Income;  
  4. Rationale for Retirement Behaviour;  
  5. Mature Schemes.

 

Details are set out below. 

 

How to get involved:  If having read the information noted below, you would like to express an interest in finding out more and potentially becoming involved, please contact Debbie Atkins, Head of Volunteer Engagement.  When contacting Debbie please indicate which working party/s you would be interested in joining.  A note of your ARN would also be helpful.

 

All members who express an interest will be invited to attend an initial scoping meeting, which will be Chaired by a member of the Pensions Research Committee.  This meeting will be held on a date to be arranged by mutual consent of all interested members and we aim for it to be held in early June in London and attendance can be in person or by conference call.  

 

Further details: 

 

Achieving value for DC Pensions:  Impact of Charging and returns:  This working party is expected to meet over 2014 and 2015 with the following suggested aims and objectives, working with Finance and Investment Board colleagues as appropriate:

  • Model the effect of different charging structures on DC funds, allowing for different contribution patterns; 
  • Consider how different investment funds might necessarily impose different charges, and investigate the likelihood that those charges could be considered ‘value for money’; 
  • Consider how different charging structures can be explained to members, particularly with a view to ease of understanding; 
  • Take into account recent developments in DWP (eg Steve Webb announcement and amendment to Pensions Bill for full disclosure of expense charges); 
  • Identify any areas of risk to Institute and Faculty of Actuaries, in terms of guidance (eg SMPI and TM1); 
  • Objective to report interim or final findings to the 2015 Pensions Convention and consider whether further work desirable.  

 

Balance Sheet Risk and Defined Benefit Pension Schemes:  This working party is expected to meet over 2014 and 2015 with the following suggested aims and objectives: 

  • Model the variability in company financial statements in the absence of defined benefit risks;  
  • Based on the analysis, consider the variability that shareholders seem prepared to accept in ‘general’; 
  • Consider whether there is an optimal size/profile/benefit structure of defined benefit scheme and consequent net defined benefit liability that could, therefore, be viewed as ‘acceptable’ to shareholders; 
  • Objective to report interim or final findings to the 2015 Pensions Convention and consider whether further work desirable.

 

Inheritance and Retirement Income:  This working party is expected to meet over 2014 and 2015 with the following suggested aims and objectives:  

  • Carry out literature search into relationships between inheritance and retirement savings; 
  • Model the cost, during a working lifetime, of the inheritance and illustrate how it could have alternatively enhanced income in retirement; 
  • Consider sensible trade-offs/products that could support both objectives; 
  • Objective to report interim or final findings to the 2015 Pensions Convention and consider whether further work desirable.

 

Rationale for Retirement Behaviour:  This working party is expected to meet over 2014 and 2015 with the following suggested aims and objectives:  

  • Analyse annuity patterns amongst those retiring from DC schemes: eg propensity to purchase flat rather than indexed pensions and single life rather than joint; 
  • Model impacts of choices: for example, to what extent is it correct that the remaining dependant (normally a widow) will have her own adequate pension? What are all the variables that would lead it to be a rationale decision not to buy an index linked pension?  
  • Illustrate effect out choices on outcomes, eg taking into account new state pension having no inherited rights;  
  • Consider results in the context of what is a ‘good member outcome’ (a la TPR and DWP)?  
  • Objective to report interim or final findings to the 2015 Pensions Convention and consider whether further work desirable.

 

Mature schemes:  This working party is expected to meet over 2014 and 2015 with the following suggested aims and objectives:   

  • Investigate what are the salient features of a maturing scheme (eg ageing membership, cash flow); 
  • Consider what risk management, investment strategy etc. considerations follow from this; 
  • Form a view, relative to company covenant, of appropriate funding policy under Pensions Act 2004 Part III, particularly in context of proposed Code of Practice on Funding; 
  • Objective to report interim or final findings to the 2015 Pensions Convention and consider whether further work desirable.

 

How to get involved:  If having read the information noted below, you would like to express an interest in finding out more and potentially becoming involved, please contact Debbie Atkins, Head of Volunteer Engagement.  When contacting Debbie please indicate which working party/s you would be interested in joining.  A note of your ARN would also be helpful. 

 

All members who express an interest will be invited to attend an initial scoping meeting, which will be Chaired by a member of the Pensions Research Committee.  This meeting will be held on a date to be arranged by mutual consent of all interested members and we aim for it to be held in early June in London and attendance can be in person or by conference call.  

  

 

 

Thursday, May 8, 2014

The Chair of the Risk Management Actuarial CRO Group is seeking to appoint a Deputy Chair who will, in two years’ time, succeed him as Chair of this important group.

 

The IFoA supports and promotes the running of an actuarial profession CRO Group. Membership of the group is open to the most senior actuary in each firm working in the risk management function - whether as CRO, as the head of capital modelling or in another senior function. The group meets bi-monthly with the primary focus of providing professional support to each other, especially outside traditional actuarial areas. It also acts as a sounding board, providing advice from industry to the IFoA and the Risk Management Board in developing the role of actuaries in Risk Management. 

 

There is a specific vacancy for an experienced member to take on the role of deputy chair.  The deputy chair will support the chair in encouraging the work of the group, help to shape the agenda of the group, and chair meetings when required.  

 

Key objectives for the 2013/2014 session are:

  • Providing meetings that are of interest to members and support the objectives of the RM Board; 
  • Expanding the membership list to ensure that it reflects the diversity of membership of the profession and the diversity of roles in industry in which those members work; 
  • Ensuring that the group is self-sustaining to support the RM strategy of the IFoA.

 

How to volunteer:  If, having read the above information, you feel you have the skills and experience, and time, to devote to this important and senior role, please contact Debbie Atkins, Head of Volunteer Engagement.  When contacting Debbie, please provide a brief note of your profile within this practice area, your existing experience of chairing a committee and/or subcommittee within the IFoA, and a note of your ARN.

 

 

Monday, May 5, 2014

The current Recovery and Resolution Plans (RRP) working party is redefining its scope in the light of PRA’s new Fundamental Requirement 8 which requires all insurance companies to have a resolution plan. 

 

As part of this, it is seeking to recruit 2 to 3 experts in Recovery and Resolution Plans, particularly in the areas of stress and scenario testing and operational risk, to join this working party and to assist this group with a new piece of research which will focus on the development of a framework for insurance company recovery plans. 

 

Skills and Expertise:  If you are interested in the new developments in the area of recovery and resolutions plans and have experience with the wider operational aspects of insurance companies and groups please consider volunteering to get involved.   A familiarity with Stress & Scenario testing or Operational Risk would also be helpful.

 

Output:  This will be determined in the coming months, but the deliverable would likely be a (short) paper outlining the key principles that firms should consider when developing an RRP and this would be presented at a meeting at Staple Inn Hall, London, this winter.

 

Time Commitment:  It is anticipated that a time commitment of 2 - 3 hours per month will be required.  This will include attendance at a monthly meeting (either in person or by conference call) and follow up research in between meetings.  The timing of the meeting will be scheduled to take account of participants location and time zones.  The initial tenure will be for the remainder of 2014 to deliver on the above and to be part of the presentation at Staple Inn Hall.  Thereafter members can step out of this working party or may wish to continue with further research.  This would be determined at that time.

 

How to get involved:  If you would like to volunteer to join this working party, please contact Debbie Atkins, Head of Volunteer Engagement.  When contacting Debbie please provide details of your relevant experience and your reason for wishing to be involved.  A note of your ARN would also be helpful.  After the closing date, all expressions of interest will be considered by the Chair, Fellow Nick Dexter, and a decision will be made by mid May.

 

 

 

 

 

 

Friday, April 25, 2014

 

The Life Insurance Board has launched a new member-led working party looking at risk and customer outcomes, including:

 

  • How to avoid poor customer outcomes 
  • How to maximise good customer outcomes 
  • How to support better customer outcomes (learning from the past; risks and outcomes going forward)

 

Brief Description: A first scoping meeting has taken place and areas for research could include:

 

  • How to express the customer value proposition; consider comparison with competitors and own products 
  • How to express customer needs and expectations and willingness to take risks 
  • How to measure and express variability in potential customer outcomes (outcome map) 
  • Disclosure of poor and worst-case customer outcomes 
  • Product design initiatives to improve the outcome map

 

Working Party Objective/Aims: Consider the link between products, their potential outcomes and customers’ expectations as created during the sales process and by direct or indirect marketing. Also consider diagnostic tools to manage customers’ expectations concerning potential outcomes.

 

Experience/Skills/Background desirable: Ideally, applicants for this working party will have a background in, and knowledge of, product development, sales and compliance, risk and customer-protection initiatives.

 

Outputs: The working party should aim to produce a written record of their findings, as well as seeking opportunities to present their research. The potential outputs should be substantive and could include:

 

  • Article in The Actuary to draw attention to the researchPresent at the Life Conference in 2014 
  • Prepare for and present at a Sessional Event or British Actuarial Journal paper 
  • Presentations at regional societies' events and other IFoA conferences (e.g. the Risk & Investment conference)

 

Some of the types of tasks the working party members will be asked to take part in:

 

  • Chairing meetings 
  • Reviewing literature and draft papers/reports 
  • Interviews 
  • Creating questionnaires 
  • Writing sections for articles or papers; reviewing 
  • Developing simple tools to facilitate the research

 

Time Commitment: For this working party, volunteers will typically be expected to attend between 6 – 12 meetings per annum and to perform research between meetings. Volunteers should expect to contribute to the research and drafting of articles and papers. Meetings are often held in London, however, there is flexibility based on where the majority of the working party members are, and there is flexibility regarding your attendance at meetings and members can attend by conference call as necessary. Meetings usually last for 1 to 2 hours.

 

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 provide brief details of your relevant experience and your reason for wishing to become involved. A note of your ARN would also be helpful.

 

 

Wednesday, April 30, 2014

 The Life Insurance Board / Life Research Committee is planning to launch a new member-led working party looking at different topics related to the structure of unit-linked funds.

 

Brief Description: 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?

 

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.

 

Experience/Skills/Background desirable: We are seeking to invite up to 10 members to join this working party. Ideally, these members will have a background in, and knowledge of, unit-linked business.

 

Outputs: Working parties should aim to produce a written record of their findings, as well as seeking opportunities to present their research. The potential outputs should be substantive and could include:

 

  • Actuary article to draw attention to the research
  • Present at Life Conference
  • Preparing and presenting a Sessional Event or British Actuarial Journal paper
  • Presentations at regional societies and other Professional conferences (e.g. Risk & Investment conference) 
  • A website 
  • Proposal for government

 

The types of tasks working party members take part in include:

 

  • Chairing meetings
  • Reviewing literature and draft papers/reports
  • Interviews
  • Creating questionnaires
  • Writing
  • Modelling

 

Time Commitment: For this working party, volunteers will typically be expected to attend between 6 – 12 meetings per annum and to perform research between meetings. Volunteers should expect to contribute to the research and drafting of articles and papers.

 

Meetings might be held in Edinburgh or London, however, there is flexibility based on where the majority of the working party members are located, and there is flexibility regarding timing. Members can participate in person or by conference call. Meetings will usually last for 1 to 2 hours.

 

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 provide brief details of your relevant experience and your reason for wishing to become involved. A note of your ARN would also be helpful.

 

After you submit your interest: All expressions of interest will be considered by the Life Research Committee and the selection process will aim to be concluded by the beginning of May, with the first meeting taking place during May. At the initial meeting, which will be chaired by a member of the Life Research Committee, interested members will discuss the feasibility and interest in moving forward with research on the topic and appoint a Chair for future meetings.

 

 

Monday, May 12, 2014

The Institute and Faculty of Actuaries (IFoA) and the Chair of the General Insurance Education and Continuing Professional Development (GI ECPD) Committee are seeking to appoint up to three members to join this committee for the period of one year and to deliver a special project within this time.  The project, which will be supported by the GI ECPD Committee and who will try to assist where possible, will be to source, select and (re)write a monthly collection of news articles/content across the General Insurance practice area for use in The Actuary and its website: http://www.theactuary.com/archive/2013/10/  

 

Skills and Experience:   The ideal candidate for this volunteer role would be someone who has:  

 

  • Excellent news-gathering skills 
  • Proven writing/editing skills 
  • The ability to write longer, analysis pieces if applicable 
  • A passion for digging out exclusive stories if applicable  
  • The ability to meet tight deadlines

 

Tenure:  The appointment is for one year, with an option to extend the appointment for a second term by mutual agreement at that time.

 

Time commitment:  Up to time equivalent to 1 day per month.  It is hoped that at least one article will be produced each month and, depending on individual styles of writing and news gathering, it is anticipated that this will take between 5 – 10 hours per month to produce.  Attendance at GI ECPD meetings every 6-8 weeks from September through to July.  These usually last 2 hours and are held at Staple Inn Hall, in London – attendance can be in person or via telephone conference call.

 

If you have an excellent awareness of the current issues and hot topics in General Insurance with the ability to develop accurate, legally and SEO compliant news pieces in a timely manner please consider volunteering for this role.

 

How to volunteer:  If you would like to offer your assistance and to be considered for this role, please contact Debbie Atkins, Head of Volunteer Engagement.  When contacting Debbie please provide brief details of your relevant experience.  A note of your ARN would also be helpful.

 

 

 

Wednesday, May 7, 2014

The Co-Chairs of the “Marine and Energy Pricing” Working Party are seeking to appoint one additional member to join this working party to complement the skills and experience of the existing members of this group.  They are also seeking to identify any additional members whose interest will be noted on a “bank” of names and whom they may be able to involve over the coming months, as matters progress, or if a vacancy becomes available. 

 

Output:  This working party is producing a paper which will be presented in September at GIRO 2014. 

 

Skills and Experience:  They are ideally seeking to hear from members who have knowledge and experience of Marine and Energy Insurance Pricing and who have the time available and a willingness to contribute over the coming months, and to help with the presentation at GIRO 2014, in September. 

 

Time Commitment and Tenure:    Approximately 1 day per month.  This is made up of attendance at one main meeting per month, plus subgroup meetings and research to be carried out in-between.  The meetings are held at locations to be agreed by the group, and usually in the working party members’ own offices.   The initial tenure is short term, to September 2014, however, the work of this group will be ongoing and it is hoped that members will be able to continue their involvement beyond September, into the next stage of research.  This can be agreed at that time. 

 

How to get involved:  If you would like to be considered for this opportunity, please contact Debbie Atkins, Head of Volunteer Engagement.  When contacting Debbie please provide brief details of your relevant Marine and/or Energy Pricing experience and a note of what you feel you could bring to this group.  A note of your ARN would also be helpful.  All expressions of interest will be considered by the Co-Chairs of this Working Party.

 

 

Sunday, May 18, 2014

Have you herd what they’re doing? (“Investigating herd mentality amongst actuaries”)  

 

This is a new working party seeking to understand how herd mentality impacts upon the work which actuaries undertake.  The Chair of this working party is seeking to identify approximately five members to join her in exploring  how this basic human trait affects our judgements and its consequences e.g. adopting an assumption that falls within a range of benchmarks when an alternative would be just as appropriate.

 

The aim being to present the findings at a workshop at GIRO 2014, this September. 

 

Scope of the working party:   

  • Compile a list of herd like behaviours in the actuarial field  
  • Understand how each arose 
  • Quantify the impact where possible 
  • Design and undertake experiments to demonstrate the ‘Herd Effect’ and quantify the impact. 
  • Understand whether the status quo needs to change 
  • If there is a need to change then discuss what can be done differently

 

Time Commitment:    This is flexible depending on the individual’s other commitments.   We anticipate allowing 3 hours for a monthly meeting (by conference call or in person) and interim correspondence.  

 

Expressions of interest to join this working party are welcomed from anyone who has a background or keen interest in psychology and in particular herd mentality in business. 

 

How to get involved:  If 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 brief details for your reasons for wishing to be involved and a note of what you feel you could bring to this working party.  A note of your ARN would also be helpful.  All expressions of interest will be considered by the Chair of this Working Party and a decision will be made by the end of May, with discussions commencing in June.

 

 

Wednesday, April 30, 2014

 

As part of GIRO 2014, a “Managing Uncertainty with Professionalism” working party has been established. Their proposed aim is to develop some general and simple principles to support actuaries in managing and communicating uncertainty in all fields.

 

The initial scoping meeting has taken place and the group are now seeking additional support of between 4 – 6 members ideally with experience in modelling; in making recommendations; and/or influencing decision makers. Whilst this will be an ongoing working party, this is initially a short term, project based, research topic, with the aim of presenting its findings at GIRO 2014, at the end of September.

 

Research groups: We suggest sub-dividing the working party into three sub-groups, with each looking into the following key topics:

 

  1. Understanding - how can we better specify, and understand uncertainty within our modelling work, to better inform decision making? 
  2. Numeric - are we using and applying statistical methods appropriately to manage and perhaps quantify the uncertainty included (or excluded) from models and their results? 
  3. Bias - intentional and unintentional biases exist in any modelling process and in decision makers/model users; how should we assess the impact of these biases, and what is the appropriate response?

 

The working party is also keen to do a short review of any other research in this topic from other fields, e.g. UCL Institute for Risk and Disaster Reduction, University of Cardiff Understanding Risk Research Group. The aim here is just to confirm that our work is current and that we are leveraging the work done by academics and modellers in other fields, where this is relevant.

 

Time commitment and tenure: we envisage the initial time commitment being a minimum of 8 days between now and GIRO 2014, at the end of September. Thereafter, the working party will continue and members can decide, at that time, if they wish to remain as part of this group, or step down at that point.

 

How to offer support: If you would like to offer support and to be considered for this working party, please contact Debbie Atkins, Head of Volunteer Engagement. When contacting Debbie please provide a note of your relevant modelling experience, your reasons for wishing to be involved, and an indication of which of the 3 groups, noted above, most interest you. A note of your ARN would also be helpful. All expressions of interest will be considered by the members of the existing working party and a decision will be made by early May.

 

Friday, May 30, 2014

 

The aim of the UK Asbestos 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.

 

In January 2010, the Actuarial Profession's UK Asbestos Working Party released its updated 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.

 

If your organisation has exposure to UK asbestos-related claims and you would like to participate in this survey (on an anonymous basis) please contact Kimberley Hutton at the Institute and Faculty of Actuaries, who will be happy to provide you with more details and to forward you a template to complete. The survey is intended to be carried out during March and April 2014 and will include claims experience during 2013 and the first three months of 2014. Any data that you are able to provide will be greatly appreciated.

 

The working party recognises the need to maintain confidentiality and that most organisations that are willing to contribute to the surveys would prefer that their answers are kept anonymous and have taken steps to ensure that no members of the working party will be able to identify the data from any particular company.

 

Completed responses are required by: Friday, 30 May 2014.

 

Monday, July 14, 2014

The GIRO Periodical Payments Working Party is a source of knowledge and expertise within the IFoA on matters relating to Periodical Payment Orders. This group conducts an annual survey of insurers and reinsurers to assess the effects of PPOs, and carry out additional research, including injured life mortality and the effect of PPOs on reinsurance.

 

The Chair of this working party is keen to hear from members of the IFoA (including student members) who have an interest in PPOs and who might like to join this working party. 

 

The group is interested in building up a range of skills, including building excel models, managing document collaboration, and drafting meeting notes, and therefore all members are encouraged to consider volunteering for this role. The Chair is also particularly keen to hear from members with experience in handling PPOs in a reserving, pricing and capital modelling context, plus those are all welcome, as is experience of market solutions to insurance issues.

 

View Terms of Reference 

 

Time Commitment: The time commitment is approximately 3 - 4 hours per month, including attendance at meetings to discuss progress. Meetings are held monthly, in central London, and attendance can be in person or via conference call. 

 

How to get involved: If you would like to express an interest in being considered for this working party, please contact Debbie Atkins,  Head of Volunteer Engagement. When contacting Debbie please provide a brief note of your relevant experience and your reasons for wishing to be involved. A note of your ARN would also be helpful. All expressions of interest are welcome and will be followed up by Fellow, Anthony Wright, Chair of the Working Party. This is an on-going call for support. The aim is to appoint six additional members to join the group and expressions of interest will be considered by the working party at their monthly meeting following receipt of the offer of support, rather than waiting until after the closing date.

 

Monday, May 26, 2014

The General Insurance Education and Continuing Professional Development (ECPD) subcommittee is looking to appoint at least one additional member to join the committee. All applicants are encouraged both from a company and a consultancy background and from either the UK or international.

 

The committee plays an important role in ensuring the education of GI actuaries is kept as up to date and relevant as possible. This comprises:  

 

  • Encouraging the production and promotion of educational material to both practitioners and students  
  • Ensuring there is a healthy range of CPD events provided by the IFoA  
  • Shaping the content provided within these events – ensuring there is a good mix of professionalism, current issues and hot topics.  
  • The work involved also includes listening to members’ feedback and identifying topics and potential speakers and in creating and developing an excellent and varied programme.

 

View Terms of Reference

 

If you are a Fellow or Associate of the Institute and Faculty of Actuaries (IFoA) and have an enthusiasm for assisting the profession we would like to hear from you. 

 

Skills and Experience: We are ideally looking for volunteers with:  

 

GI Experience  

  • An awareness of current issues in GI  
  • An ability to come up with ideas and to identify hot topics 
  • A willingness to help organise an event programme  
  • A desire to help review and shape the education material of GI students

 

Time Commitment: 3 hour meetings every 6-8 weeks from September through to July. Plus some occasional time for reviewing material, follow up emails/calls etc. The meetings are held at Staple Inn Hall, in London – attendance via telephone conference call is possible.

 

How to Volunteer: If you would like to volunteer to be considered for this committee, please contact Debbie Atkins, Head of Volunteer Engagement. When contacting Debbie, please provide a brief note of your relevant experience and your reasons for wishing to be involved.  A note of your ARN would also be helpful.

 

 

 

Sunday, June 29, 2014

The Chair of the “UK Deafness Claims” Working Party, is keen to hear from members of the IFoA (including student members) who would like to volunteer to assist in market experience monitoring and in further research which is being undertaken by the "UK Deafness Claims" Working Party. 

 

We are particularly keen to hear from members with experience in working with long tail liability claims.  

 

View Terms of Reference 

 

Time Commitment:  The time commitment is approximately 2 - 3 hours per month, including attendance at meetings to discuss progress.  Meetings are held in London and attendance can be in person or via conference call. 

 

How to get involved:  If you would like to offer assistance and volunteer to join this working party, please contact Debbie Atkins, Head of Volunteer Engagement.  When contacting Debbie please provide a brief note of your reasons for wishing to be involved, together with a note of your ARN.  

 

All expressions of interest are welcome and will be followed up by Fellow, Brian Gravelsons, Chair of the Working Party. This is an on-going call for support and additional members are welcome to join the group at any time.

 

 

Thursday, June 5, 2014

The Resource and Environment Board is to undertake a third literature review, following those conducted (by the "member interest group") in 2010 and 2011. The principal focus of this project is to consider the impact of the current financial system on the economy and to explore the potential implications for resource constraint and sustainability. We are pleased to have secured the help of Professor Richard Werner, Chair in International Banking at Southampton University, as a co-editor for this review, alongside Hugh McNeill, Nico Aspinall and Simon Jones. The editors are now seeking help from members for this project.How can you help?

 

  1. Please consider reviewing one or more papers as part of this project. The review period is anticipated to start late-January and last until the end of June. A list of papers for review will be made available to volunteers, allowing reviewers to select papers within their area of interest (where possible). We anticipate each review will require a time commitment of between 4 and 10 hours. Reviews are expected to be up to 1000 words in length although a pro forma will be provided. All reviewers will be listed in the final publication. 
  2. Please suggest a paper for review. Whilst we are drawing papers from a broad range of journals, we are also looking for other papers that may be suitable for inclusion in the review. These may be papers published by, for example, financial institutions or consulting firms. If you know of any papers which you think might be suitable, please recommend them to us. We would particularly like to hear about papers which combine research on financial/banking/economic topics with topics such as sustainability, climate change, ecology or the environment.

 

To offer your support or to suggest a paper for review, please contact Kimberley Hutton, Practices Manager.

 

 

Tuesday, June 24, 2014

Our Education Directorate are seeking to hear from Fellows, Associates and Honorary Fellows who already have experience of setting and marking the Institute and Faculty of Actuaries' exams (or equivalent experience) and who would now like to be considered for the role of Independent Examiners for the IFoA. 

 

This is a very senior and an important appointment and as such we take considerable care in the selection process. 

 

The Role:  Independent Examiners are appointed by the IFoA to assist in monitoring the quality and standards of accredited university degree programmes and university degree programmes with exemption recognition agreements.  They report to our Accreditation and Verification Manager and ultimately to the Education Committee.  For those appointed to acrredited programmes you will be invited to attend an annual review meeting. 

 

The Key Tasks:  Each September, we look at the “bank” of volunteers and notify those who are to be appointed as an Independent Examiner for that academic year.  If you have not been contacted by the end of September, you can assume you have not been chosen for that academic year.  The appointment is for one academic year and you will be assigned to a specific university. After that year, you will go back into the “pool” of Independent Examiners which we retain in this “bank” of names.  During that year you will be asked to:   

  • Review and comment on draft exam papers and course materials.
  • Meet with the university to which you have been assigned.  
  • Attend the university’s Exam Board at the end of the exam period to agree lists of students recommended for exemptions.   
  • Attend the IFoA’s annual review meeting for accredited university programmes.   
  • Attend the IFoA’s Independent Examiners meeting.  (Members may dial in, if preferred).

 

Support:  Once appointed, as a new Independent Examiner, you will receive training and will be paired up with a mentor.  All out of pocket expenses will be reimbursed.

 

Time Commitment and Tenure:  As a guide, our Independent Examiners have indicated that they devote approximately 1 day per month to this role during the course of the academic year, rising to 7 days per month during the exam period of April – June.   The tenure is for one academic year, with a maximum term (renewed annually) of four years for any one programme.   Once appointed, you would be invited to join a “bank” of volunteers who make up a “pool” upon which we can draw, each year, when appointing our Independent Examiners. 

 

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.

 

How to apply:  If you would like to be considered as an Independent Examiner, please contact Debbie Atkins, Head of Volunteer Engagement.  When contacting Debbie, please provide a note of your ARN and give brief answers to the following 3 questions:  

  1. We are keen to appoint members who have experience both in actuarial practice and academics involved in teaching actuarial science courses and it would be helpful if you could highlight your relevant experience and provide an indication of your experience in setting and marking the IFoA’s exams, or equivalent.  
  2. It is important that our Independent Examiners have a good working knowledge of the IFoA’s current exam syllabus and structure, please outline your perception of the latest developments.
  3. Please give brief details of what you feel are the greatest strengths of the IFoA’s exam syllabus and structure. 

 

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

 

 

* Professional Development and 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.

 

 

 

 

Friday, June 27, 2014

As part of our digital strategy, the Institute and Faculty of Actuaries (IFoA) is engaged in two high level projects which will be delivered during 2014:  

 

  • the redevelopment of the IFoA’s website with a user-centred focus; and 
  • the creation of a virtual learning environment (VLE).

 

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.

 

There are likely to be a variety of opportunities over the first half of 2014 in which members can get involved – tasks will include user testing of new website, prior to launch, and feedback on design issues.

 

Membership of the "Digital Volunteer Group" is a great opportunity to get involved with two very 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 Emma Pegg in order to register your interest and to find out more.

 

 

  

 

 

Tuesday, June 24, 2014

One of the key elements of the IFoA's strategy is 'to offer excellent support that meets members' varied and evolving needs'.  To help track our progress the IFoA's "400 Club" was created and launched in December 2011.  The "400 Club" is our online feedback group made up of 400 of our members - a cross section of our membership. 

 

One member of the 400 Club said,

  • "Involvement with the 400 Club has provided a unique opportunity to give input to a wide range of issues and questions being considered by the profession – a real chance to get your voice heard on the things that matter to all members."

 

Read more about the pioneering "400 Club"

 

The 400 Club is currently full, however, we are actively seeking members of the IFoA to volunteer to join the reserve list.  We require a wide representation of the membership on the reserve list.  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.  To allow members to have their say, we refresh the membership of the Club each year.   

 

How to offer support:  If you are a member of the IFoA and willing to offer support and to join the reserve list, please contact Debbie Atkins, Head of Volunteer Engagement.  When contacting Debbie it would be helpful if you could indicate if you are a Student, Fellow, Associate or Affiliate member, provide the geographic location where you are based, and a note of your ARN.

 

 

 

Monday, June 23, 2014

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 IFoA to provide a more comprehensive offering to members based in China and South East Asia; and
  • One to help the 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.  

 

 

 

 

Wednesday, July 16, 2014

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

 

When contacting Debbie, please provide brief details of the topic and content of your proposed talk and a note of the geographical location/s which might be of interest to you.  Full details of our current Regional Actuarial Activities can be viewed on our website under the Member tab.

 

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.

 

 

 

Saturday, May 31, 2014

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 Thomas Olunloyo to register your interest.

 

 

Saturday, May 31, 2014

Some members have expressed a desire for the Institute and Faculty of Actuaries (IFoA) to help facilitate opportunities for members to provide financial education in schools.  A pilot scheme is therefore being run in Scotland. 

 

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

 

The Financial Education Partnership: 

We have teamed up with the Financial Education Partnership (FEP) which is administered by the Chartered Banker Institute, and is an initiative shared by a number of organisations, all of whom are dedicated to providing financial education for young people today.  Through the FEP, volunteers deliver workshops on financial capability and a range of other topics, to secondary and primary pupils in schools throughout Scotland. 

 

The FEP delivers a full programme and is always looking to recruit more facilitators to volunteer their time to go out to the schools and deliver these pre-prepared workshops.

 

Success: 

In the last academic year, FEP volunteers visited 124 schools in Scotland and delivered 682 workshops reaching an estimated 24,000 primary and secondary pupils Scotland-wide.  Without the volunteers, none of this would have been possible. 

 

Training and Materials: 

As a volunteer facilitator, the FEP would provide all the workshop materials to you and also provides regular training courses including presentation skills training for volunteers who have never done any presentation work before.  As part of the training, they cover all the workshop materials, and how to deliver in schools. 

 

Topics: 

The materials cover a range of topics from money management and budgeting to team working and interview skills, volunteers sign up to help students make the transition from school to the workplace, but also to ensure that pupils leave with the ability to make informed, financial decisions throughout their adult life.

 

8 different workshops are offered.  View details of the Managing your Money workshop material. 

 

Time Commitment: 

Whilst it is hoped volunteers will deliver at least three workshops per year, there are no set number of workshops you are required to deliver, you can do as many as you wish.  The required time commitment from volunteers would generally be anything from two days per year upward, depending on the level of involvement.  This could be broken down as: 

  • Attending a full day training course on the workshop material, with options to attend other courses if desired (one day)  
  • Attend a real classroom workshop as an observer (one hour plus travel)
  • Deliver at least three classroom workshops per year (one hour per workshop plus travel).

 

If you are interested in finding out more, and in volunteering to provide assistance, please contact Debbie Atkins, Head of Volunteer Engagement.  When contacting Debbie please provide a note of your ARN.  Debbie will put you in touch with Chris Finlay at the Chartered Banker Institute.

 

 

Monday, December 1, 2014

As part of their remit to engage with members living and working in Scotland, the Scottish Board has launched an initiative called “Knowledge Sharing Scotland” and it 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 "Regional actuarial activity" 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.

 

 

Wednesday, June 25, 2014

Please consider becoming a Career Ambassador ... and encourage young people to join our profession.

 

Jenni Hughes, our Careers Marketing Leader, would like to encourage members of the Institute and Faculty of Actuaries (IFoA) to volunteer to become a Career Ambassador.  Jenni is seeking the support of both UK and International Students, Associates, Affiliates and Fellows who would like to pro-actively speak at schools, colleges and universities and to represent the IFoA at career fairs and other events, from time to time.

 

To volunteer to act as a Career Ambassador you should be employed and 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.

 

Jenni has put together 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 this booklet, called "Become a Career Ambassador" 

 

If you meet the above criteria and would like to volunteer in this way, please contact Debbie Atkins, Head of Volunteer Engagement.  Please provide your ARN and a note of the geographical location you would be prepared to cover.

 

 

Monday, May 5, 2014

To help highlight the many career routes and careers which are available to actuaries, we are seeking Students and Qualified Actuaries to volunteer to work with us in order to prepare profiles which can be featured on our website, in promotional literature and in online career-focused advertising. The profiles which we are keen to fill are:

  • Graduate profiles - These mainly look at your route through school and university qualifications, and focus on where you are now and what you are doing in your current role - either how you got there, or a typical day or typical week. It also gives you the opportunity to look at what you might want to do in the future.
  • Senior actuaries- This is a profile looking at actuaries who are much further through their career. They will have been qualified for at least five years, perhaps been through a few roles, or projects. The more varied the better. This is an opportunity to talk about non-standard routes, or career changes or practice area changes.
  • Internships - We are keen for someone who is an intern to give a profile of the experience for them. Maybe with the employer's permission, talk about why they chose the company, what they have learned during the internship, what they are currently doing, and any tips for students who might seek to obtain an internship in future.

If you would like to volunteer to provide a profile, either now or in the future, please contact Debbie Atkins, Head of Volunteer Engagement.  Please indicate which of the above profile(s) you would be most keen to provide.