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
The International Accounting Standards Board (IASB) recently published an Exposure Draft (ED) of limited changes to its insurance contracts standard IFRS 17, effective date 2022.
The IFoA hosts regular roundtable meetings with the PRA on best practice in insurance investment and the application of the Prudent Person Principle, which governs insurance investment under Solvency II.
Presenter: Rahul Verma
Presenter Matt Modisett
An introductory session to help you get ahead with climate change.
- Science, terminology and initiatives: handy facts to keep in your back pocket
- Getting your point across: how to influence people and avoid common traps and pitfalls
- Taking action: what are actuaries expected to do...and what are we actually doing?
This KSS talk, presented by the FCA Head of Department in Scotland, will focus on the following 3 main areas:
- FCA business plan priorities
- The future of regulation
- FCA Engagement in Scotland
For life insurers in the UK, the risk margin is one of the most controversial aspects of the Solvency II regime. Following its implementation, the risk margin came under considerable criticism for being too large and too sensitive to interest rate movements. These criticisms are particularly valid for annuity business – such business is of great significance to the national system for retirement provision. This criticism has led to political interest, and the risk margin was a major element of the Treasury Committee inquiry into Solvency II.
GIRO is attended annually by over 800 delegates and speakers who are keen to discuss key topics such as Pricing, Reserving, Modelling and the future of the insurance industry. GIRO 2018 was a huge success and we have opened bookings early for what we hope will be another brilliant conference at the EICC in Edinburgh this year.
Presenter Jon Spain
Three actuaries – and CEOs – discuss their views on how the business world is changing and what that might mean for actuaries in the future.
Have you ever thought about working in wider fields? Would you like to play a role in the fight against climate change to make the planet better?
It can be difficult to do this - but seeing an example you can follow can make it more realistic. In this ‘green’ case study a template is outlined to show how actuaries can apply their skills more broadly - and in doing so, to make a difference.
The Institute and Faculty of Actuaries is running a sessional meeting on autonomous vehicles on 28th October. The session will showcase the work of the IFoA “Autonomous Vehicles” working party alongside a number of expert external presenters.
The Life Conference is the premier event for professionals interested in life insurance. Offering a wide range of workshops and plenary sessions it’s the perfect opportunity to discover what’s hot and current in life insurance ensuring you get up to date on the latest thinking and innovation whilst meeting and exchanging ideas with a broad range of professionals.
The IFoA is pleased to announce that this year’s Autumn Lecture will feature the Rt Hon Nicky Morgan MP as its guest speaker. Nicky has previously served as Financial Secretary to the Treasury and Minister for Women. She now chairs the Treasury Select Committee whose remit is to examine the expenditure, administration and policy of HM Treasury, along with all of its agencies and associated bodies.
Watch the live stream of this year's Autumn Lecture with guest speaker Rt Hon Nicky Morgan MP.