To demonstrate our commitment to our members, and the value we place on membership, we have developed our member pledge. This seven-point pledge encapsulates the responsibilities we have as a membership organisation and the standards against which we will be judged.
Pledge
- The IFoA is an inclusive organisation that ensures that the membership experience is valuable, rewarding and accessible to every member. The organisation supports and encourages a diverse and inclusive actuarial profession open to all on merit.
- The IFoA seeks to ensure that every member has equitable access to the benefits that come with membership. It responds to members’ diverse needs by delivering services in a modern, efficient manner that is sustainable for everyone over time.
- The IFoA works continually to improve the membership experience through consultation and partnership. IFoA employees treat all members with respect in each interaction and always strive to be fair, transparent and reasonable. In return, members are expected to treat IFoA employees (and others) with the same respect.
- Public trust is the foundation of the actuarial profession. The IFoA will regulate in a way that is effective but proportionate and efficient, reflecting developments in actuarial practice. It will uphold and, where necessary, enforce the Actuaries’ Code in order to protect both the public interest and the collective reputation of IFoA members.
- Through the IFoA’s evolving curriculum, education, lifelong learning and thought leadership on issues of public interest, it ensures that the profession remains an attractive career for outstanding students and professionals. The IFoA works to keep members at the cutting-edge of their work’s demands throughout their membership.
- Volunteers are at the IFoA’s heart. The vibrant volunteer community works in partnership with the IFoA’s employees and wider membership to ensure the sustainability of the profession, while in turn the organisation supports a wide range of unique volunteering opportunities.
- All members must abide by the Actuaries’ Code as the backbone of the profession’s ethics, to work within IFoA policies and frameworks and act as ambassadors for the profession in their interactions with peers, employers, stakeholders and the IFoA.
Measuring the IFoA’s performance
Each year the IFoA measures how satisfied its members are through an independently administered survey. This provides a measure of member satisfaction and engagement, which is then published.
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Events calendar
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CILA 2022
23 May 2022 - 24 May 2022We continue to live in a world of global uncertainty. Survival depends on our ability to simultaneously navigate through the diverse root-causes, ranging from: the consequences of Climate Change; transitioning to Net Zero; increased inflationary pressures and supply chain issues; to self-imposed changes in regulatory requirements. CILA 2022 focuses on these challenges to ensure we continue to be informed and remain battle ready, as well as showcasing highlights of recent CMI outputs.
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Opportunity to participate in a virtual Roundtable Discussion hosted by the IFoA in conjunction with the City of London Corporation’s Socio-economic Diversity Taskforce
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Annual General Meeting 2022
15 June 2022In the spirit of fostering the IFoA’s vibrant, global community and enabling our members to participate, we have decided to hold our AGM virtually again this year. This allows for greater accessibility to this important annual event, and for greater accountability of our organisation.
The Business of the AGM
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IFoA Presidential Address 2022
16 June 2022Join newly inaugurated IFoA President, Matt Saker, for his Presidential Address.
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The IFoA Conference 2022
133 Houndsditch, London EC3A 7BX and Online22 June 2022 - 23 June 2022
We’re delighted to welcome you back to our first in-person conference since early 2020, also being delivered virtually in our first-ever hybrid event. The theme of our inaugural two-day conference is ‘Focusing on tomorrow’s actuary’ and will explore the contribution actuarial science is making to some of tomorrow’s biggest issues.
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This webinar will cover:
• Some background on the risks of misselling in an ESG context, including the DWS case
• Achieving positive impact is a strong antidote to the risks of greenwashing or ESG misselling, however this risks having a tension with fiduciary responsibilities
• This tension can be resolved with a concept called Universal Ownership
• Under Universal ownership, investors have an appetite to make a loss in order to achieve positive impact, and yet still have no compromise on their fiduciary responsibilities
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This session will focus on the transformation roadmap of the healthcare sector in KSA and the role of actuarial capabilities in enhancing its evolution to the desired end stage as per the objectives of the Vision 2030. The discussion will focus how the system has evolved so far and shed light on the expected future changes. Through examining the transformation, we will highlight how the sector is and can use actuarial expertise to not only assist with this transformation but also use basic actuarial principles to identify the key risks and their respective mitigation strategies.
