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Working for the IFoA

The Institute and Faculty of Actuaries (IFoA) is a unique organisation to work for.

The Institute and Faculty of Actuaries is the UK’s only chartered professional body dedicated to educating, developing and regulating actuaries. Our members are based both in the UK and internationally. We represent and regulate members and oversee education at all qualifying stages as well as providing continuous professional development throughout their careers.

Our employees operate in a range of hugely varied roles that involve everything from supporting students through their exams to helping produce and promote research in a variety of fascinating and critical topics, and regulating the profession and maintaining its ethics.

IFoA employees enjoy a competitive package and a great suite of benefits including a very generous pension scheme, agile working and we support personal and professional development with funded training and studying opportunities.

Current vacancies

We are currently not recruiting for any vacancies.

We recruit people from a wide range of disciplines

We offer careers in a wide range of disciplines. If your job application is successful, you will be working in one of our six directorates:

  • Chief Executive's Office
  • Engagement and Learning
  • General Counsel
  • Markets Development
  • Operations
  • Public Affairs and Research

Rebecca Deegan, Manager - China and South East Asia,“The IFoA is a supportive employer that invests time and resource into training employees. I can attest to this progressing from the Team Coordinator, to the Head of Policy. The IFoA also gave me the opportunity to spend almost one year working overseas, gaining lots of new skills and knowledge. Our members are a constant source of inspiration and I am proud of the projects we deliver in partnership to try and make a genuine contribution to society.

Rebecca Deegan, Head of Policy

 

Diversity and inclusion

We are committed to promoting diversity and inclusion in all our policies, practices and procedures. This applies to all of the IFoA’s professional dealings with our employees, members, volunteers and third parties. The IFoA acknowledges that recognising and embracing the unique and diverse talents of its workforce, members and volunteers is fundamental to the success of the organisation.
 

More on diversity and inclusion
 

Recruiting the right people is essential to our success

We believe that recruiting the right people, who are the right cultural fit and will embrace our values, is essential to the success of the IFoA. We place a lot of emphasis on our values, and we put them at the heart of everything we do.

Our values are: Community, Integrity and Progress

  • Community – building relationships by being inclusive, accessible and collaborative
  • Integrity – doing the right thing for the Institute and Faculty of Actuaries (IFoA), our members and the public interest, by being honest, accountable and professional
  • Progress – developing the future of the profession together by being relevant, supportive and purposeful

Cargill Sanderson“With the integrity of the public sector and the dynamism of the private sector, the IFoA is somewhere where you can make a meaningful contribution whilst working in a progressive, forward looking, and growing business with great opportunities for development.”

Cargill Sanderson, IFoA General Counsel Coordinator, General Counsel

 

Our compensation package and career development opportunities 

We offer competitive salaries and benefits. Some of our fantastic benefits include:

  • Pension scheme with generous employer contribution, and additional salary sacrifice option
  • Private medical insurance and health screenings
  • Life assurance plan
  • Competitive annual leave scheme with the option to purchase additional leave
  • Corporate bonus
  • Company sick pay
  • Employee Assistance Programme

Learning and development

We value learning and development and have a structured performance development process which captures key objectives and addresses individual development needs and aspirations, as well as short and long-term career development ambitions.

Supporting our employees at work

Agile Working Schemes

We recognise that agile working has many benefits, and will support agile working requests wherever we can.

Wellbeing

We recognise that the ability to achieve our objectives depends on the physical and mental wellbeing of our employees. We acknowledge that workplace wellbeing includes the physical and cultural environment of the organisation as well as policies, practices and procedures that guide our work.

We aim to provide a workplace environment that values and enhances the physical and mental health and wellbeing of employees. We achieve this through our Wellbeing Policy and related working practices, our network of Mental Health First Aiders, our annual Wellbeing Week to help maintain a focus on health and wellbeing and by working in partnership with our Occupational Health Providers.  

Mindful Employer

Gillian Ozer“Having had a wide experience of working for banks and insurance companies, I can sincerely say that my time employed at the IFoA has been the most rewarding. Every day presents me with new challenges, allowing me to learn additional skills and provide me with great job satisfaction. I have flourished in an environment which offers both opportunity and mental stimulation. Even after 13 years, I still enjoy the challenges and experiences that each day brings.” 

Gillian Ozer, Membership Manager - Subscriptions and Administration, Membership

Employee Forum

We give our employees a clear voice. For this purpose, the IFoA has an elected a employees Representative Body called “Employee Forum”, whose members meet on a regular basis with each other and other members of employees and directors to discuss matters of common interest to, and affecting members of employees, and to create transparency throughout the organisation.

 

Social life at the IFoA/Charity Committee

In addition to working together, our employees often also like to spend time with each other and socialise outside of the workplace, and there are social events in the evening or at lunch time such as the IFoA book club, or trips to the theatre or cinema. We also have a Charity Committee who organise activities across the IFoA to raise fund for charitable causes. 

Siân Aplin"At the IFoA there is a great sense of community amongst colleagues as you are working towards the same goal -  to create the best experience for our members."

Siân Aplin, Team Administrator, Engagement and Learning

 

 

Environmental Management System

The IFoA recognises that environmental issues are fundamental to a responsible business strategy. As a forward-looking, global organisation, we are committed to adopting sustainable business practices for the benefit of society and to secure the future of the planet.

Contact Details

HR Team

hrsupport@actuaries.org.uk

We aim to respond to all enquiries within three working days. To apply for this role, please send your CV, cover letter and your current salary details to: hrsupport@actuaries.org.uk

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E.g., 05/04/2020
End date
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Events calendar

  • Spaces available

    Due to the COVID-19, we will be running this programme via a series of webinars commencing 22 April.  

    CIGI is a well-established seminar designed to increase awareness and encourage discussion on a variety of topical issues across the general insurance industry. 

  • Spaces available

    InsurTech headlines are often big statements, which seem impossible to many working in the sector day-to-day. How can actuaries implement new systems, keep the value from legacy systems, deliver BAU and not require the resources of three teams?

  • Spaces available

    Pressure on organisations to address climate change risks is intensifying. But what does this really mean for insurers? In this session Adhiraj Maitra and Gareth Sutcliffe will look at the why, the what and the how of this risk through a number of different lenses including regulatory, principle and resilience.

  • Spaces available

    There have been a number of events across the financial markets where particular services have fallen below customer expectations.  These have included inability to receive or make payments or or the inability to check your own status or access services.  In an increasingly interconnected world the causes of this are often complex and hard to spot in advance, but can be a major impact to the reputations of firms.

  • CIGI Webinar - Are you Vulnerable ?

    Webinar
    27 April 2020

    Spaces available

    With ever increasing focus from the FCA on pricing practices and the relationship between insurers and their customers, it is critical to ensure appropriate controls are in place. This presentation summarises the latest developments in the market and showcases practical approaches to mitigate the risk of poor customer outcomes in pricing, with a particular focus on protecting vulnerable customers.’

  • Spaces available

    This webinar provides an update on renewal pricing outcomes for Property and Casualty markets at the latest 1/1 reinsurance renewals with the focus being on capacity availability and price drivers.  These issues include, but are not limited to, the cat bond market, wider trends in claims outcomes, trends in Casualty RI space that affect pricing such as social inflation, yield curve, and the reserving cycle.

  • Spaces available

    The Ogden Discount Rate shock of 2017 brought about a period of profound uncertainty to General Insurance market.  GI Actuaries' first task was to estimate the impact of the Ogden shocks, particularly to reserving and reinsurance pricing.  Their second was to navigate a period of framework uncertainty, maintaining an agility in actuarial modelling as the Civil Liability Bill took shape. 

  • Spaces available

    Model validation should not be a tick box exercise. It has all the right ingredients to be a value adding exercise that can help senior management understand what really drives the business from a risk and capital perspective. Model validation can be a stressful, bloated process - and may not be as value adding as it could be. 

  • Spaces available

    The FCA’s interim report into general insurance pricing practices has brought into focus a number of market wide issues including:

    Price walking • Poor governance • Higher prices for potentially vulnerable customers • Higher prices for less aware customers

  • CANCELLED The Global Actuarial Profession

    Staple Inn Hall, High Holborn, London, WC1V 7QJ
    30 April 2020

    Spaces available

    We are sorry that this event has been cancelled.

    The IFoA's policy regarding COVID-19 is designed to safeguard the well-being of members and employees. As stated within the policy, the IFoA is reviewing its events programme on a case-by-case basis.

  • Spaces available

    The IFRS 17 Working Party have been producing a number of deep dive papers, these include topics such as risk adjustment, impact of disclosures on how uncertainty is perceived, deferring acquisition costs over renewals, PAA eligibility and more. 

  • SIAS Event: Cyber Insurance

    Staple Inn Hall, High Holborn, London, WC1V 7QJ
    4 May 2020

    Spaces available

    The talk will cover:
    • Why cyber security is regarded as the top threat to businesses (Allianz Risk Barometer 2019)
    • What is causing the shift in threat landscape
    • Who is attacking, why, and how we can stop them
    • Customer impressions of cyber security and how you can help them
    • Threats to evaluating insurable losses and responding to claims
    • How cyber insurance policies have evolved, and need to continue to do so
    • Can and should you recover ransoms under cyber insurance?
    • What is the future for cyber risk?

  • KSS event: Technology: A red-eyed Terminator or an actuary’s best friend?

     Hymans Robertson, Exchange Place 1, 1 Semple Street, Edinburgh, EH3 8BL
    4 May 2020

    Spaces available

    Despite long-running concerns that innovation could lead to widespread redundancy, technology has enabled greater productivity, created higher-value jobs and spurred us on to new heights. With artificial intelligence increasingly automating work undertaken by professionals, I look at the prospects for the actuarial profession in the era of unprecedented technological innovation.

  • Finance and Investment Conference 2020

    Royal College of Physicians, 11 St Andrews Pl, London NW1 4LE
    05-05 May 2020
    Spaces available

    Due to COVID-19, we are running this programme via a series of webinars commencing 5 May.

    The environmental, social and governance (ESG) space is growing rapidly and increasingly moving centre stage. In many cases, it is now an essential part of policy and central to the way stakeholders make decisions for the long term to ensure retention of clients, manage risk better, and ensure more economically efficient and sustainable investment returns.

    ESG factors cover a wide range of areas reflecting how vital consideration of these factors are part of wider systemic risks.

    The IFoA’s policy regarding Coronavirus is designed to safeguard the well being of those who attend IFoA events. Find out more. 

  • Professional Skills Training - Edinburgh (19 May 2020)

    IFoA (Edinburgh), Level 2, Exchange Crescent 7 Conference Square Edinburgh EH3 8RA
    19 May 2020

    Spaces available

    A Trusted Profession

    A 2 hour CPD event designed to meet the IFoA’s Stage 3 Professional Skills Training under the IFoA’s CPD Scheme 2019/2020This session is suitable for actuaries working in any area (i.e. it is not specifically aimed at Pensions, GI or any other technical discipline) and is interactive, so you should come along prepared to take part in the discussions.

  • Professional Skills Training - London (19 May 2020)

    Staple Inn, High Holborn, London WC1V 7QJ         
    19 May 2020

    Spaces available

    A Trusted Profession

    A 2 hour CPD event designed to meet the IFoA’s Stage 3 Professional Skills Training under the IFoA’s CPD Scheme 2019/2020This session is suitable for actuaries working in any area (i.e. it is not specifically aimed at Pensions, GI or any other technical discipline) and is interactive, so you should come along prepared to take part in the discussions.

  • CILA 2020

    Royal College of Physicians, 11 St Andrews Pl, London NW1 4LE
    20 May 2020

    Spaces available

    Due to COVID-19 this event has been postponed until later in the year. A new date will be announced soon.

    Thank you for your patience and understanding.

  • Protection, Health and Care Conference 2020

    The Grand Brighton, 97-99 Kings Rd, Brighton BN1 2FW
    02-03 June 2020
    Spaces available

    The Protection, Health and Care Conference is an annual conference aimed at all insurance professionals with a passion for harnessing insurance risk in their organisations.

  • Spaces available

    How we relate to others at work, whether they are colleagues, clients, prospective clients or other business contacts is key to individual career progression and business performance. People buy people , so considering what we are known for and how to be positively memorable are vital. This session looks at the importance of professional relationships, the psychology of personal image and impact and the three personal impact 'tools' which affect what people say about us when we're not in the room.

  • Mortality and Longevity 2020

    1 Birdcage Walk, Westminster, London SW1H 9JJ
    08-08 June 2020
    Spaces available

    This highly regarded seminar will provide topical and practical updates and discussion on the latest thinking and innovations in mortality and longevity.  The program is designed for life, pensions and health and care actuaries, academics, researchers, underwriters and related practitioners eager to learn about the latest developments in mortality and longevity.  The sessions are designed to be very accessible to a broad range of exp

  • Professional Skills Training - London (10 June 2020)

    Staple Inn, High Holborn, London WC1V 7QJ       
    10 June 2020

    Spaces available

    A Trusted Profession

    A 2 hour CPD event designed to meet the IFoA’s Stage 3 Professional Skills Training under the IFoA’s CPD Scheme 2019/2020This session is suitable for actuaries working in any area (i.e. it is not specifically aimed at Pensions, GI or any other technical discipline) and is interactive, so you should come along prepared to take part in the discussions.

  • Professional Skills Training - Edinburgh (17 June 2020)

    IFoA (Edinburgh), Level 2, Exchange Crescent 7 Conference Square Edinburgh EH3 8RA
    17 June 2020

    Spaces available

    A Trusted Profession

    A 2 hour CPD event designed to meet the IFoA’s Stage 3 Professional Skills Training under the IFoA’s CPD Scheme 2019/2020This session is suitable for actuaries working in any area (i.e. it is not specifically aimed at Pensions, GI or any other technical discipline) and is interactive, so you should come along prepared to take part in the discussions.

  • Professional Skills Training - London (18 June 2020)

    Staple Inn, High Holborn, London WC1V 7QJ   
    18 June 2020

    Spaces available

    A Trusted Profession

    A 2 hour CPD event designed to meet the IFoA’s Stage 3 Professional Skills Training under the IFoA’s CPD Scheme 2019/2020This session is suitable for actuaries working in any area (i.e. it is not specifically aimed at Pensions, GI or any other technical discipline) and is interactive, so you should come along prepared to take part in the discussions.

  • Pensions Conference 2020

    Renaissance Manchester City Centre Hotel, Blackfriars Street, Manchester,M3 2EQ
    18-19 June 2020
    Spaces available

    Join us as this year’s conference that will focus on topics including  funding and savings, pension law current issues, ESG, the end game and transferring risk, investment issues, data visualisation and data science.

  • IFoA Asia Conference 2020, Kuala Lumpur

    CCEC Nexus, 7, Jalan Kerinchi, Bangsar South, 59200 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia
    24-25 June 2020
    Spaces available

    This event has been postponed. A new date will be announced.

    The IFoA's policy regarding COVID-19 is designed to safeguard the well-being of members and employees. As stated within the policy, the IFoA is reviewing its events programme on a case-by-case basis.

    To this end the IFoA and their strategic partner, the AIR, have taken the decision to postpone this year's Asia Conference. A new date will be announced pending further reviews over the following months.