A growing profession
Throughout the Europe, Middle East and Africa (EMEA) region we’re seeing rapid growth in all branches of the actuarial profession. As the actuarial profession becomes more prevalent across the region, more and more people are becoming actuaries every year.
Our aim is to work in partnership with employers, educators and governments to support this growth.
Learn more about the services we offer.
A uniquely valuable skillset
Employers throughout the EMEA region are looking to actuaries to bring the skills that any business needs to succeed in today’s increasingly complex global markets. Becoming a member can open many doors for individuals, helping them and their employers deal with the complexities of these markets.
Our members are highly regarded individuals with a wide range of Mathematical, business development, and analytical skills. They are taught professional problem-solving skills, are able to think strategically and have a deep understanding of financial systems and risk assessment.
"From a young age, I dreamt of a career that would allow me to use my strong mathematical skills in a real-life situation. So my career goal has always been to be an actuary. The use of mathematics to solve problems greatly appeals to me especially when applied to complex real-life situations."
Olawale Ayodeji, Junior Actuarial Specialist: Nigeria (Read our case studies)
Actuaries are employed by some of the region’s largest global businesses, corporations and governments to:
- Make the long-term decisions that underpin sustainable business success
- Use a broad range of skills to translate complex financial information into easy-to-understand advice
- Protect your reputation with our globally recognised code of ethics and regulation
- See the bigger picture, identify all possible outcomes and then define the way forwards based on the evidence
Working with us in Europe, Middle East or Africa couldn't be easier. It starts with a simple conversation:
What is an actuary?
Our members explain the role of an actuary in their own words.
Supporting the profession in your region
We’re working in partnership all across the region.
With a rapidly growing number of students, Associates and Fellows throughout the EMEA region, we’re committed to understanding the unique opportunities for the profession that this growth will bring.
To support the profession in the EMEA region we work in partnership with:
- Businesses and employers to provide an internationally recognised actuarial qualification
- Local and national actuarial associations to advocate for the profession
- University and education providers to support the brightest learners
- Regulators and policy formers to understand how we can support their goals
To discuss how we can work together with your organisation contact our EMEA team.
Having a background as an actuary has enabled me to increase the number of agency branches of a mid-sized composite insurer in West Africa
Ashish Desai, Milliman
Filter or search events
We’ve all heard about the gender pay gap. Sadly, the gap doesn’t just exist with base pay.
Research carried out by Legal & General in 2021 across the four million members in our Defined Contribution (DC) pensions, found that there’s a gender pension gap too, continuing the divide between men and women.
As current global events continue to demonstrate, geopolitical tensions present significant risks to corporates of all sizes. However, these types of risk are often not given the discussion time it needs at the board level or executive committee levels, nor the resources required to anticipate, analyse and mitigate them effectively.
At retirement, it has become very popular for those with Defined Contribution (DC) pensions to choose drawdown rather than an annuity, but drawing a sustainable lifetime income in this way is an impossible challenge for most people. We consider a Decumulation Pathway for the typical consumer, where a small part of the DC fund is set aside for any flexible access and legacy requirements. The bulk is then used to provide a lifetime income, utilising the pooling or insuring of longevity risk.
We 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.
In 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
Join newly inaugurated IFoA President, Matt Saker, for his Presidential Address.
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.