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Volunteer vacancies

See below for our current vacancies

Every individual who supports the IFoA, be that as a volunteer (member or non member), or in any other role, works in partnership with the IFoA Executive staff to deliver our strategy and Royal Charter, in line with our values.

We are committed to promoting diversity, equality of opportunity and inclusion, within all our vacancies and we actively encourage applications from a diverse range of potential candidates. Recognising and embracing the unique and diverse talents of our volunteers is fundamental to the success of our organisation.

Subscribe to the RSS feed to be kept up-to-date with the latest vacancies. To find out how to get involved contact the Engagement team

Download our flowchart to see how we recruit our volunteers.

Choose categories above and click apply to float vacancies in those categories to the top of the list.

Current Volunteering Opportunities

Subscribe to Institute and Faculty of Actuaries: Current volunteer opportunities.

Are you a qualified member of the IFoA?  Would you like to join this working party?

Background
All IFoA members wishing to undertake a reserved role, such as Scheme Actuary, or Actuarial Function Holder, are required, amongst other criteria, to pass the relevant UK Practice Module.
The current UK practice modules consist of an online, on-demand multiple choice assessment. This is to be replaced by an interactive online module.

The Practice Modules working party is looking for volunteers across all relevant practice areas, to input into the development of the new online modules and to assist with the facilitation of the new online practice module.

The new module will provide more of a focus on the application and understanding of UK practice, regulation and environment. It will consist of a variety of resources including study materials, case studies, facilitated discussion sessions, with specific learning outcomes.

What is involved
The working party is looking for volunteers to assist with a number of tasks associated with the project, including:

Development stage:

  • review and provide specialist input as required into the revised core reading for the new practice modules.
  • developing appropriate case study material
  • reviewing assessment criteria and learning outcomes

Implementation stage:

  • live and/or recorded presentations
  • facilitating generic and practice-specific group discussions via attendance at online sessions.

Desired skills
The ideal candidates for the roles should have a current practising certificate and work in a reserved role. The working party is interested in recruiting practicing certificate holders of all levels of experience and from all specialist areas, including, but not limited to: Scheme Actuaries, Actuarial Function Holders, With-profit Actuaries, Reviewing Actuaries, and Lloyd’s Syndicate Actuaries. 

Tenure and time commitment
The time commitment will be up to you and will depend on which role listed above you are interested in.

Next steps
If you are a qualified member of the IFoA, who is willing to take part, please contact the Engagement Team.  When contacting us, please provide the following information:

  • confirmation that you are a qualified member of the IFoA
  • a note of your ARN
  • an indication of your practice area and reserved role
  • a note of why you would like to be involved

All expressions of interest will be progressed as received and will be considered by the working party.

We are committed to promoting diversity, equality of opportunity and inclusion, within all our vacancies and we actively encourage applications from a diverse range of potential candidates. Recognising and embracing the unique and diverse talents of our volunteers is fundamental to the success of our organisation.

Volunteering provides you with a wide range of opportunities. With all rights and opportunities comes responsibilities and we ask all our volunteers to comply with the terms of the IFoA’s Governance Manual and Volunteer Information Pack (VIP). Please view our ‘what you need to know’ web pages before offering to provide support.

 

Contact Details

If you have enquiries about volunteering please contact the Engagement team

Engagement.team@actuaries.org.uk

The Engagement team will respond to your email within three working days and often sooner.

Categories: Education, Finance and investment, General insurance, Health and care, Life insurance, Pensions, Regulation, Risk management, Sustainability

The Health and Care Research Sub-committee is seeking to recruit enthusiastic, proactive and innovative volunteers with expertise in health insurance, health research, healthcare or related fields to volunteer to join this sub-committee to help drive the development of actuarial practice and research in the Health and Care area.

The Health and Care Research Sub-committee oversees around 10 working parties undertaking research in areas of relevance for practitioners and in the public interest.

View the Terms of Reference
View Health and Care Working Parties

Task and Person Specification
View the Task and Person Specification for the role of Member

The Chair and committee members are keen to have a diverse mix of skill sets represented on the committee and would encourage anyone with experience in this area to apply, particularly members based outside the UK.

Time Commitment
Approximately four to five hours per month, which includes attendance at Research Sub-committee meetings.  The committee may meet up to five times a year. Meetings are usually held via video conference call to widen the opportunity to all. 

The members will also be expected to handle emails and any issues that arise in between meetings.

Next steps
If, having read the documents above, you would like to express an interest in volunteering for this sub-committee, please contact the Engagement Team.  When contacting us, please provide:

  • brief details of your relevant experience
  • your reason(s) for wishing to get involved
  • a note of your ARN, if you are a member of the IFoA
  • for non-members, a brief copy of your CV and full contact details

All expressions of interest will be considered by the Chair of the Research Sub-committee.

We are committed to promoting diversity, equality of opportunity, and inclusion within all our vacancies and we actively encourage applications from a diverse range of potential candidates. Recognising and embracing the unique and diverse talents of our volunteers is fundamental to the success of our organisation.

Volunteering provides you with a wide range of opportunities.  With all rights and opportunities come responsibilities and we ask all our volunteers to comply with the terms of the IFoA’s Governance Manual and Volunteer Information Pack (VIP).  Please view our ‘what you need to know’ webpages before offering to provide support.
 

 

Contact Details

If you have enquiries about volunteering please contact the Engagement team

Engagement.team@actuaries.org.uk

The Engagement team will respond to your email within three working days and often sooner.

Categories: Health and care, Lay (non-members), Student
Application closing date: 11 September 2022

The British Actuarial Journal (BAJ) is seeking to appoint a new Editor, to take up post from January 2023.

The BAJ, which is owned by the Institute and Faculty of Actuaries (IFoA) and published by Cambridge University Press, is a flagship publication for the IFoA. It is an online, Open Access publication which contains current practitioner research and discussion on actuarial topics. It acts as the platform for outputs from the Institute and Faculty of Actuaries’ Sessional Research programme, including papers and transcripts of discussions, as well as publishing contributed papers, Presidential Addresses and selected content from the IFoA’s Thought Leadership programme.  

The BAJ Editorial Board is made up of the Editor, two Co-Editors, and four Assistant Editors. The current Editor, Cathy Robertson, who has held the post since 2013, is due to complete her tenure at the end of 2022. We are therefore seeking an outstanding candidate as her successor. The position is open to all applicants with the relevant experience and skills; location is not a barrier as participation in meetings is via video call.

Key Tasks
The Editor of British Actuarial Journal will work with the IFoA Executive and our publishing partner Cambridge University Press to deliver and develop the journal.

The role of the Editor is to:

  • manage the integrity and reputation of the journal in keeping with the IFoA role as a learned society, helping to define and execute its vision.
  • oversee the quality of submissions, the editorial guidelines and the production and review process.
  • lead the Editorial Board, managing and supporting the Co-Editors and Assistant Editors and liaising with the IFoA Executive on operational matters.
  • act as an ambassador for the journal, promoting it alongside the IFoA and the publisher.  

View the Task and Person Specification 

Further information about the BAJ can be found at its journal site

How to apply
If you would like to express interest in this role, please contact the Engagement Team.  When contacting please provide the following information:

  • a note outlining how you meet the key skills and experience set out in the Task and Person Specification
  • brief details of your reason/s for wishing to get involved
  • a brief CV in support of your application
  • your ARN if you are an IFoA member

If you would like to discuss the role informally with the current Editor, please email the IFoA journals team.

This is a remunerated role and a fee will be paid. Details are contained in the Task and Person Specification.

We are committed to promoting diversity, equality of opportunity and inclusion, within all our vacancies and we actively encourage applications from a diverse range of potential candidates. Recognising and embracing the unique and diverse talents of our volunteers is fundamental to the success of our organisation.

Volunteering provides you with a wide range of opportunities.  With all rights and opportunities come responsibilities and we ask all our volunteers to comply with the terms of the IFoA’s Governance Manual and Volunteer Information Pack (VIP).  Please view our ‘what you need to know’ webpages before offering to provide support.

 

Contact Details

If you have enquiries about volunteering please contact the Engagement team

Engagement.team@actuaries.org.uk

The Engagement team will respond to your email within three working days and often sooner.

Categories: Finance and investment, General insurance, Health and care, Life insurance, Pensions, Risk management, Sustainability
Application closing date: 31 August 2022

The current Editor of The Actuary magazine, the leading publication for the actuarial profession and the magazine of the Institute and Faculty of Actuaries (IFoA), will step down at the end of his term in December 2021. We are now seeking to hear from a highly motivated, enthusiastic member of the IFoA who feels able to lead the editorial team of this magazine.

For further details of the role, please view the Detailed role description.

How to express an interest
If, having read the detailed role description, you feel you have the right skills, experience and time, to devote to this exciting role please contact hrsupport@actuaries.org.uk with the following information:

  • Brief details of your relevant skills and experience
  • Reason(s) why you wish to take on this role
  • What you feel you could bring to the role
  • Your CV, including details of your current employer (if applicable) and geographic location
  • A note of your ARN.

All expressions of interest will be followed up by the selection panel after the closing date. The selection panel will comprise the current Editor, Managing Editor, the IFoA’s Director of Public Affairs and Research, and a member of the IFoA’s Communications Team. A short list of candidates will be invited to take part in interviews, which are expected to take place by mid-August. A candidate is expected to be appointed by end of September.

This is an Office Holder role. As such the successful candidate will be remunerated at the rate of £500 per month. This remuneration will be subject to tax and National Insurance.

Volunteering provides you with a wide range of opportunities.  With all rights and opportunities come responsibilities and we ask all our volunteers to comply with the terms of the IFoA’s Governance Manual and Volunteer Information Pack (VIP).  Please view our ‘what you need to know’ webpages before offering to provide support.

  

Contact Details

If you have enquiries about volunteering please contact the Engagement team

Engagement.team@actuaries.org.uk

The Engagement team will respond to your email within three working days and often sooner.

Categories: Finance and investment, General insurance, Health and care, Life insurance, Pensions, Risk management, Sustainability

The IFoA Appropriate Person Pool aims to provide IFoA members with access to experienced (qualified) IFoA members around the globe to support them with their Reflective Practice Discussions (RPDs), as part of the CPD Scheme.

The service is entirely free and is based on members volunteering to provide this support.

If you are a qualified member of the IFoA and are willing to have a conversation with other members around learning, development and reflection, please consider joining the Appropriate Person Pool.  
 
Noted below is an outline of what is required in an RPD.

What is involved
The aim is to support the member in determining whether they have carried out meaningful learning through their CPD.  This should entail:

  • facilitating an open discussion on the member’s learning and development
  • assisting the member in reflecting on their learning needs, the outcomes of their CPD activities and whether the outcomes addressed the needs 
  • assisting the member in identifying gaps in their learning
  • making suggestions as to other areas to learn about and other activities to consider following up with the member to provide support, if required. 

Desired skills
To offer support, you need to be a qualified member of the IFoA, with the following:

  • an understanding of what reflection entails
  • the ability to speak openly and to encourage reflection
  • a desire to understand the work the member does, their role, development and the learning outcomes of their CPD. 

All Appropriate Person Pool members will receive training (via webinar).

View Appropriate Person Scope of Role  

Tenure and time commitment 
The time commitment will depend on the number of members you decide to facilitate.  You should expect to allocate approximately three hours per member discussion (encompassing prep time, discussion time and follow up time.)  

For consistency, we hope volunteers will be willing to join the Pool for a period of three years, renewable annually, up to a maximum of six years in total.  However, you can step down at any time.

How to offer support
If you are a qualified member of the IFoA, who is willing to take part, please contact the Engagement Team.  When contacting us please provide the following information:

  • confirmation that you are a qualified member of the IFoA
  • a note of your ARN
  • an indication of which practice area(s) you cover
  • confirmation of how you wish your name, location (City/County) and email address to be displayed in the Appropriate Person Pool in the members’ area of our website.

All offers of support will be progressed as received.

We are committed to promoting diversity, equality of opportunity and inclusion, within all our vacancies and we actively encourage applications from a diverse range of potential candidates. Recognising and embracing the unique and diverse talents of our volunteers is fundamental to the success of our organisation.

Volunteering provides you with a wide range of opportunities.  As with all rights and opportunities come responsibilities, we ask all our volunteers to comply with the terms of the IFoA’s Governance Manual and Volunteer Information Pack (VIP).  Please view our ‘what you need to know’ webpages before offering to provide support.

 

Contact Details

If you have enquiries about volunteering please contact the Engagement team

Engagement.team@actuaries.org.uk

The Engagement team will respond to your email within three working days and often sooner.

Categories: Finance and investment, General insurance, Health and care, Life insurance, Pensions, Regulation, Risk management, Sustainability

Would you like to be part of the IFoA Practising Certificates Committee (PCC)?

The current Chair of the PCC, Karen Butroid, is seeking to appoint a Fellow to become a volunteer member of the non-Life Panel of the PCC to consider applications for General Insurance Chief Actuary Practising Certificates both with and without Lloyd's.

What we are seeking
Karen is very keen to hear from any qualified member of the IFoA who would like to discuss this role and find out more about what is involved. Expressions of interest are encouraged from Fellows with:  

  • a current, or recent, Chief Actuary Practising Certificate
  • an up-to-date knowledge of actuarial work reserved under Solvency II for a Chief Actuary to a non-Life Insurer
  • up to date experience in and knowledge of Lloyd’s and the London market
  • experience of giving or using reserved work advice specific to General Insurance
  • knowledge of the Institute and Faculty of Actuaries’ (IFoA’s) regulatory functions.
  • an understanding of the proposed changes to the PC Scheme recently published by the IFoA

View the Terms of Reference for this committee

Time commitment
As contributions are mainly carried out by email, the time commitment is approximately, on average, a total of five hours per month, though maybe more in the latter half of the year.  There are also up to two full PCC review meetings each year, participation in these meetings will be by videoconference /conference call, to ensure location is not a barrier.  There is no requirement for all members of the committee to meet in one place.
 
Tenure
Three years, reviewed annually.  To provide continuity, it is hoped that members of this committee will be happy to take up a tenure of three years.  However, tenure is reviewable annually, depending on changing circumstances, participation and performance in PCC matters.

How to offer support
If you would like to volunteer to join the PCC non-Life Panel, or request a call with Karen Butroid and a member of the non-Life panel to allow you to find out more, please contact the Engagement Team.  When contacting us please can you briefly indicate:

  • your reason(s) for wishing to get involved
  • a note of your relevant experience
  • confirmation that you are a Fellow of the IFoA and a note of when you qualified
  • a note of your ARN.

All offers of support will be progressed as received.

We are committed to promoting diversity, equality of opportunity and inclusion, within all our vacancies and we actively encourage applications from a diverse range of potential candidates. Recognising and embracing the unique and diverse talents of our volunteers is fundamental to the success of our organisation.

Volunteering provides you with a wide range of opportunities.  With all rights and opportunities come responsibilities and we ask all our volunteers to comply with the terms of the IFoA’s Governance Manual and Volunteer Information Pack (VIP).  Please view our ‘what you need to know’ webpages before offering to provide support.

 

Contact Details

If you have enquiries about volunteering please contact the Engagement team

Engagement.team@actuaries.org.uk

The Engagement team will respond to your email within three working days and often sooner.

Categories: General insurance, Regulation

UK Career Ambassador

Inspire the next generation of actuaries

Are you passionate about reaching the next generation of actuaries?  If so, we’d like to hear from you.  The Institute and Faculty of Actuaries (IFoA) is looking for members at all levels, to promote the actuarial career to bright young people in the UK.

As a career ambassador, you will raise the profile of the actuarial profession in schools, universities and within your local community through a range of talks and careers fairs.  You will also have the opportunity to reach a diverse range of students through a number of different digital activities such as case studies, blogs and much more. 

You are encouraged to pro-actively set-up your own events and opportunities.  We will provide you with the relevant resources you need to promote the profession, including brochures and presentations.

As part of this role, you will need to easily explain what an actuary is to those who may never have heard about the profession before. You will need to be confident, engaging and have a good understanding of the role of the IFoA.

View the IFoA’s Career Ambassador booklet to find out more about becoming a Career Ambassador.

This role is open to members of the IFoA based in the UK and we are particularly interested in applicants based outside of London.

If you meet the above criteria and would like to volunteer, please contact the Engagement Team.  When contacting us, please provide the following information:

  • a note of your ARN number 
  • whether you are a qualified member or a student currently in employment
  • a note of your location.

All expressions of interest will be progressed as received and if there is any additional information that we require, we will get in touch with you.

Volunteering provides you with a wide range of opportunities. With all rights and opportunities comes responsibilities and we ask all our volunteers to comply with the terms of the IFoA’s Governance Manual and Volunteer Information Pack (VIP). Please view our ‘what you need to know’ web pages before offering to provide support.

 

Contact Details

If you have enquiries about volunteering please contact the Engagement team

Engagement.team@actuaries.org.uk

The Engagement team will respond to your email within three working days and often sooner.

Categories: Education, Finance and investment, General insurance, Health and care, Life insurance, Pensions, Regulation, Risk management, Student, Sustainability

The Professional Support Service (PSS) is a free support service for Institute and Faculty of Actuaries (IFoA) members.

We are currently seeking to strengthen the existing pool of support in our Life and General Insurance panels and to appoint additional experienced, qualified, members of the IFoA to volunteer to become part of the PSS.  As such these volunteers will provide members with the benefit of their expertise and to assist them in the interpretation of:

  • The Actuaries’ Code
  • Actuarial Profession Standards
  • Guidance Notes
  • Technical Actuarial Standards issued by the FRC

In addition assistance is provided for members facing difficult professional issues.

Volunteers exchange views by email to reach an agreed response, assisted by IFoA General Counsel Executive.  In more rare and isolated cases, volunteers may have an opportunity to have direct contact with a member seeking support from the service either by email, or by phone (by prior arrangement).  

Time Commitment
The time commitment varies but will not be more than a maximum of two hours per month.

We are particularly keen to hear from members working in General Insurance and Life, who have an interest in professional ethics.  We are also keen to hear from members who are based outside the UK.

How to get involved
If you would like to express an interest in volunteering to join the PSS, please contact the Engagement Team with:

  • your reason(s) for wishing to get involved and your relevant experience in your main practice area
  • a note of your ARN.

All expressions of interest will be progressed as received, and reviewed by a selection panel.  Appointments will be based on the information provided.

Volunteering provides you with a wide range of opportunities.  With all rights and opportunities come responsibilities and we ask all our volunteers to comply with the terms of the IFoA’s Governance Manual and Volunteer Information Pack (VIP).  Please view our ‘what you need to know’ webpages before offering to provide support.

 

Contact Details

If you have enquiries about volunteering please contact the Engagement team

Engagement.team@actuaries.org.uk

The Engagement team will respond to your email within three working days and often sooner.

Categories: General insurance, Life insurance

Are diversity and inclusion important to you?  If you are a member of the IFoA, we encourage you to contribute your perspective and to volunteer to help the IFoA Diversity Action Group.

The Diversity Action Group
The Diversity Action Group (DAG – formerly known as the Diversity Advisory Group) is committed to supporting the IFoA in developing, delivering, and evolving its strategic diversity objectives as set out in its  DEI Strategy, and its 7 key Themes:

  1. Leadership & Culture
  2. DEI at the IFoA
  3. Entry to the Profession
  4. Actuarial Work
  5. Supporting Members in their work
  6. Supporting Members in difficulty
  7. Improving DEI in our community

The DAG seeks to support the IFoA by leading work-streams to deliver: Toolkits; Campaigns; Resource & Capability; Mentoring; Events; Data; and Communications as set out in the DAG Mission Statement.

You can engage with the DAG in a couple of ways.
 
DAG LinkedIn Group
Any member of the IFoA can be part of this Member Interest Group (MIG) by joining the conversation and following activity through our DAG LinkedIn group or by contacting us through diversity@actuaries.org.uk 

DAG Volunteer Group
In addition to joining the LinkedIn group, we invite members to play a potentially more proactive role by signing up to the DAG Volunteer Group.    

Who can get involved?
Any member of the IFoA.  
The DAG Managing Committee welcomes all members of the IFoA into this group and very much welcomes those new to volunteering and seeks to have as many diverse voices as possible.

What is involved?
As a member of the DAG Volunteer Group, the DAG Managing Committee will share with you more of their plans and thinking and reach out from time to time for your support, expertise or input on specific projects and activities. You will also receive regular updates to keep you informed and give you a mechanism to share your views – via email and by posting news, views and comments on the LinkedIn group.  
 
Please note:  by volunteering to be part of the DAG Volunteer Group there is no obligation on you to undertake a specific role

We are aware that the ability to volunteer can be impacted, from time to time, by personal and professional commitments.  In fact you are positively encouraged to decline an opportunity if, at the time it is offered to you, you do not feel you have the capacity to take it on, or it does not fit with your interests. Any small or occasional help you can offer will make a big difference. 
 
How to join the DAG Volunteer Group
We want to make this as simple for you as possible. If you are a member of the IFoA and would like to be part of this group, please contact the Engagement Team.  When contacting us please provide:

  • a note of your ARN and confirmation that you are a current member of the IFoA.  (By providing us with your ARN, this will allow us to see your contact details, membership status, location, and where you work/study.)  This information will be shared with the DAG Managing Committee. 
  • confirmation that you are happy for your details to be shared as described above.  (If you have any concerns please raise these with the Engagement Team.)

All expressions of interest will be progressed as received.

Volunteering provides you with a wide range of opportunities.  As with all rights and opportunities come responsibilities, we ask all our volunteers to comply with the terms of the IFoA’s Governance Manual and Volunteer Information Pack (VIP).  Please view our ‘what you need to know’  webpages before offering to provide support.

  

Contact Details

If you have enquiries about volunteering please contact the Engagement team

Engagement.team@actuaries.org.uk

The Engagement team will respond to your email within three working days and often sooner.

Categories: Finance and investment, General insurance, Health and care, Life insurance, Pensions, Risk management, Student, Sustainability

Would you like to get involved in sustainability and climate issues?  Would you like to gain experience in a rapidly expanding area of expertise that is critical to a sustainable future?

The social, business and financial worlds are increasingly being affected by sustainability risks, the increased likelihood of significant environmental and societal changes and the measures taken by governments to try to deal with them.  As long-term risk managers such developments are of crucial interest to actuaries at all stages of their career.  The IFoA Sustainability Board (the Board) works to identify the implications for actuaries, their clients and to help in the development of appropriate responses.  (The Sustainability Board was renamed from the Resource & Environment Board in August 2020.)

How you can get involved

If you would like to become involved, even just in a small way, please volunteer to join the Sustainability Volunteer Group, and become part of an active community working with the IFoA Sustainability Board.  As this is an increasingly important subject for all current and future actuaries, around the globe, the Board encourages all members of the IFoA to volunteer to join this new group.  The Board is keen to receive support from all areas of practice and is particularly keen to support diversity.  It very much welcomes those new to volunteering and particularly those representing more diverse voices.

Benefits to you (and no pre-loaded commitment!)

By volunteering to join the Sustainability Volunteer Group you will enable the Board to swiftly engage with you, and other interested members. On behalf of the Board, the Sustainability Nominations Group will invite you to be part of separate teams that will deliver valuable outputs, in a timely way, throughout the year.  You will also receive regular updates (including the weekly Sustainable Finance Community Update, a Board initiative) to keep you informed and give you a mechanism to share your views.  You will also have the opportunity for personal and professional lifelong learning, which could support your personal CPD objectives. 

Please note:  by volunteering to be part of the Sustainability Volunteer Group there is no obligation on you to undertake any role. 

Sustainability covers a broad range of interests and we are aware that the ability to volunteer can be impacted, from time to time, by personal and professional commitments.  In fact you are positively encouraged to decline an opportunity if, at the time it is offered to you, you do not feel you have the capacity to take it on, or it does not fit with your interests.  From the Board’s point of view, this is a ‘first call’ bank of names that helps the Board to streamline and speed up its recruitment process, while ensuring the process is open and available to all. 

As an example, one of the groups’ first calls to action will be to put together a new Intergenerational Fairness Working Party.  Read more about, and view details of the Sustainability: Intergenerational Fairness Working Party  

Sustainability volunteer group’s code of conduct

Actuaries are required to adhere to The Actuaries Code.  While non-actuaries are not bound by said code, it is expected that members of the Sustainability Volunteer Group (the Group) will behave professionally.  All members of the Group are expected to act honestly and with integrity (Principle 1 of The Actuaries Code) and to show respect for others in the way they conduct themselves (Amplification 1.1).  All conversations within the Group should be regarded as confidential unless indicated otherwise.  While we hope and expect that these discussions will inform your own thinking, it is not permissible to quote from other members of the Group or infer views held by other members of the Group as a result of these discussions.  Everyone should feel able to express opinions freely within the Group without concern that these opinions will be shared outside the Group without their express permission.

How to join the Sustainability Volunteer Group

We want to make this as simple for you as possible, and at the same time we are keen to learn a bit about you and what interests you, as this will ensure we send suitable opportunities your way.

When you volunteer to join this Group: 

  • we will share your details with the Sustainability Nominations Group and Sustainability Board
  • we will also add you to the mailing list to enable you to receive the weekly Sustainable Finance Community Update.  (Please note this mailing list is not held by the IFoA, it is held and maintained by volunteer members of the Sustainability Board) 
  • once appointed, a member of the IFoA Professional Communities team will send you a proforma template asking you to tell us a bit about yourself, your experience, and your interests, and to include a brief bio.  This will help the Sustainability Nominations Group and Sustainability Board to share relevant opportunities with you
  • your email and brief bio will be shared with other relevant committee members, when appointed to a specific role.  

For members of the IFoA

If you are a member of the IFoA and would like to be part of this Group, please contact the Engagement Team.  When contacting us please provide:

  • a note of your ARN and confirmation that you are a current member of the IFoA.  (By providing us with your ARN this will allow us to see your contact details, location, and where you work/study.)  This will be shared with the Sustainability Nominations Group
  • confirmation that you are happy for your details to be shared as described above.  (If you have any concerns please raise these with the Engagement Team.)

For non-members

Non-members with relevant experience will be welcomed into this Group.  If you are a non-member who would like to volunteer in this way, please contact the Engagement Team, to discuss your experience and what you feel you could bring to this Group. 

Next steps

All expressions of interest will be progressed as received.

Please read this message from Nick Spencer, Immediate Past Chair of the IFoA Sustainability Board

This is a new way of nimble working for the IFoA, and one which I hope will resonate with members.  

We would be very grateful if you can share as much as possible within the proforma template when it is sent to you.  Please also ensure the contact details and location of work/study on your IFoA record are up to date.  This will help us to ensure we are best able to bring a diverse mix of volunteers together in each group.

Please also tell others about this new group and encourage them to join.”

Your information is held securely by the IFoA, please see our privacy notice for more information: https://www.actuaries.org.uk/privacy-policy

Volunteering provides you with a wide range of opportunities.  With all rights and opportunities come responsibilities and we ask all our volunteers to comply with the above code of conduct. Further details are given within terms of the IFoA’s Governance Manual and Volunteer Information Pack (VIP) with their guidance outlined on our ‘what you need to know’ webpages. 

 

Contact Details

If you have enquiries about volunteering please contact the Engagement team

Engagement.team@actuaries.org.uk

The Engagement team will respond to your email within three working days and often sooner.

Categories: Finance and investment, General insurance, Health and care, Lay (non-members), Life insurance, Pensions, Risk management, Student, Sustainability
Application closing date: 18 August 2022

The Finance and Investment Lifelong Learning Sub-committee is seeking to recruit a Deputy Chair, who should be a Fellow or Associate member of the Institute and Faculty of Actuaries (IFoA).  This sub-committee helps shape and drive forward lifelong learning and content for events, the annual conference and education in the Finance and Investment practice area. 

This role involves identifying and shaping the content to support lifelong learning events to include a good mix of professionalism, current issues and hot topics.  Applicants will take responsibility for organising at least one event each sessional year and using the time in post to support and shadow the Chair as preparation for taking on the role of Chair, in due course.

View Task and Person Specification for Deputy Chair
View Task and Person Specification for members, which also applies to this role
View Terms of Reference for this sub-committee

Time commitment
The time commitment will be two to three days per quarter.  The majority of this time will be for follow up actions between meetings, however, participation will be required at four meetings per year.  The meetings are currently held via video conference call.  Location is not a barrier.

Next steps
If, having read the documents above, you would like to express an interest in volunteering for this role, please contact the Engagement Team.  When contacting us please provide:

  • brief details of your relevant experience
  • your reason(s) for wishing to get involved
  • a note of your ARN.

We are committed to promoting diversity, equality of opportunity, and inclusion, within all our vacancies and we actively encourage applications from a diverse range of potential candidates. Recognising and embracing the unique and diverse talents of our volunteers is fundamental to the success of our organisation.

Volunteering provides you with a wide range of opportunities.  With all rights and opportunities come responsibilities and we ask all our volunteers to comply with the terms of the IFoA’s Governance Manual and Volunteer Information Pack (VIP).  Please view our ‘what you need to know’ webpages before offering to provide support.
 

 

Contact Details

If you have enquiries about volunteering please contact the Engagement team

Engagement.team@actuaries.org.uk

The Engagement team will respond to your email within three working days and often sooner.

Categories: Finance and investment

The IFoA Data Science Research Section is seeking to appoint enthusiastic volunteers to contribute to the advancement of data science, in General Insurance, Life, Health and Care, Pensions, Finance and Investments, Risk Management or any other areas/wider fields.

The IFoA Data Science Research Section is an international research community, consisting of actuaries, data scientists, statisticians and academics bringing together diverse domain expertise to research and develop data science techniques in actuarial applications. We organise and disseminate our works through research working parties.  This is our website: https://ifoadatascienceresearch.github.io

The overall objective of the Data Science Research Section is to champion the use of Data Science techniques in traditional and emerging actuarial fields, and to encourage collaboration and understanding of wider issues in Data Science; with a view to promoting debate, research and member awareness, and to assist the IFoA in achieving the objective of equipping members of the actuarial profession with a good understanding of Data Science. 

We aim to achieve this by:

  1. Identifying interesting actuarial data science research problems and data sets
  2. Conducting research and case studies, including but not limited to pricing, underwriting, capital modelling, mortality, morbidity, fraud, customer behaviour, privacy and technology
  3. Fostering discussion among industry practitioners, and collaboration with academics
  4. Carrying out peer review, ethical checks and application of actuarial standards
  5. Publishing data science case studies and papers, via The Actuary magazine, journals, webinars, web blogs, LinkedIn and conferences

Task specification
The Data Science Research Section consists of multiple Working Parties (WP):

  1. Statistical Learning in Actuarial Applications WP [Chair: George Tzougas]
  2. Federated Learning WP [Chair: Malgorzata Smietanka]
  3. Supervised Learning WP [Chair: Vacancy]
  4. Natural Language Processing (NLP) WP [Chair: Vacancy]
  5. Unsupervised Learning WP [Chair: Debashish Dey]
  6. Deep Learning WP [Chair: Pieter Knox]
  7. Explainable Artificial Intelligence (XAI) WP [Chair: Jonathan Bowden]
  8. Data Analytics in Embedded Insurance WP [Chair: Zack Chan]
  9. Data Visualisation WP [Chair: Eilish Bouse]
  10. Data Science Contents and Webpage WP [Chair: Zack Chan]
  11. Datasets WP [Chair: George Tzougas]
  12. Algorithmic Fairness in Pricing WP [Chair: Arijit Das]
  13. Bayesian Methods WP [Chair: Vacancy]

Each WP’s case study is expected to run for 6-9 months. After completion of case study, its members could commission a new case study within the same WP or join another WP.
 
Person specification
Applications are welcomed from members of the IFoA and non-members. We are particularly interested in volunteers with relevant experience, however the Research section is open to everyone with a general understanding of data science and has time to contribute.  

Time Commitment  
Volunteers are asked to devote at least two days per month to perform research, collaborate and write up case studies. This includes participation at meetings which will be by conference call lasting approximately one hour to allow us to widen this opportunity to all members. Calls will be arranged at a mutually convenient time for all involved. 

Next steps
If you would like to express an interest in volunteering, please contact the Engagement Team. When contacting us, please provide:

  • brief details of your relevant experience
  • your reason(s) for wishing to get involved
  • the working parties you are applying for, in order of preference. 
  • confirmation of which role you are applying for, member or WP chair
  • a note of your ARN, if you are a member of the IFoA
  • for non-IFoA members, please provide a brief copy of your CV and full contact details

All expressions of interest will be considered by the Chair of Research Section.

We are committed to promoting diversity, equality of opportunity and inclusion, within all our vacancies and we actively encourage applications from a diverse range of candidates. Recognising and embracing the unique and diverse talents of our volunteers is fundamental to the success of our organisation.

Volunteering provides you with a wide range of opportunities.  With all rights and opportunities come responsibilities and we ask all our volunteers to comply with the terms of the IFoA’s Governance Manual and Volunteer Information Pack (VIP).  Please view our ‘what you need to know’ webpages before offering to provide support.
 

 

Contact Details

If you have enquiries about volunteering please contact the Engagement team

Engagement.team@actuaries.org.uk

The Engagement team will respond to your email within three working days and often sooner.

Categories: Lay (non-members), Student
Application closing date: 11 September 2022

The Institute and Faculty of Actuaries (IFoA) is seeking to appoint proactive volunteers to join the Risk Management (RM) Board, to replace Board members whose appointments recently expired.

The RM Board is championing exciting initiatives to grow a vibrant and thriving actuarial risk management community, and to deliver value to IFoA members working in risk management. 

A priority for the near term is to realise the IFoA’s new strategy for practice boards, centred on virtual communities.  In this strategy the RM Board will be closely engaged with the actuarial risk management community and accountable to it, setting and delivering a plan of work that meets the community’s needs and priorities.

If you’d like to play a part in this, we’ll be very pleased to hear from you, whatever your professional and personal profile may be.  You don’t have to be a technical expert in risk, or a CRO; you do need an interest in risk management, together with enthusiasm, creativity, and persistence.  The RM Board is keen to become a more diverse group, including by gender and country of residence.

To find out more, please view: 

Time Commitment and Tenure:  
The key commitments are to attend RM Board meetings, and to collaborate with Board members and other volunteers on actions that deliver the Board’s plan.  There are four Board meetings a year, which are 2½ hours long.  Attendance is mainly by video call, although some meetings may be hybrid with a London site.  The appointment is for a three year term.

How to volunteer:  
If you’d like to be considered for this role, please contact the Engagement Team.  When contacting us, please provide:

  • Brief details of your relevant experience and skills
  • Your reason(s) for wishing to get involved
  •  A note of your ARN

If you think this role might suit you, but you’d like more information please contact the Engagement Team, and we’ll be happy to arrange a discussion with one of the RM Board members.

If you don’t see yourself as suitable for this role, but you know a member who could be suitable, please point out this vacancy to them.

We are committed to promoting diversity, equality of opportunity, and inclusion, within all our vacancies and we actively encourage applications from a diverse range of potential candidates. Recognising and embracing the unique and diverse talents of our volunteers is fundamental to the success of our organisation.

Volunteering provides you with a wide range of opportunities.  With all rights and opportunities come responsibilities and we ask all our volunteers to comply with the terms of the IFoA’s Governance Manual and Volunteer Information Pack (VIP).  Please view our ‘what you need to know’ webpages before offering to provide support.

 

Contact Details

If you have enquiries about volunteering please contact the Engagement team

Engagement.team@actuaries.org.uk

The Engagement team will respond to your email within three working days and often sooner.

Categories: Risk management
Application closing date: 15 August 2022

The Life Research Sub-committee is seeking to recruit up to three new members, to help drive the development of actuarial practice in the Life area.  This role would be suitable for Fellows or Associates of the Institute and Faculty of Actuaries, (IFoA), or academics with expertise in actuarial, life insurance or related fields.

The Life Research Sub-committee oversees between 14 and 20 working parties, undertaking research in areas of relevance for practitioners and in the public interest.

View the Task and Person Specification for the role of Member
View the Terms of Reference

Participation in meetings can be by videoconference/conference call, to widen the opportunity and ensure location is not a barrier.

Next steps
If, having read the documents above, you would like to express an interest in volunteering to take on this role, please contact the Engagement Team.  When contacting the Engagement Team, please provide:

  • brief details of your relevant experience
  • your reason(s) for wishing to get involved
  • a note of your ARN, if you are a member of the IFoA
  • for non-members, full contact details together with a brief CV

All offers of support will be progressed as received.

We are committed to promoting diversity, equality of opportunity and inclusion, within all our vacancies and we actively encourage applications from a diverse range of potential candidates. Recognising and embracing the unique and diverse talents of our volunteers is fundamental to the success of our organisation.

Volunteering provides you with a wide range of opportunities.  With all rights and opportunities come responsibilities and we ask all our volunteers to comply with the terms of the IFoA’s Governance Manual and Volunteer Information Pack (VIP).  Please view our ‘what you need to know’ webpages before offering to provide support.
 

 

Contact Details

If you have enquiries about volunteering please contact the Engagement team

Engagement.team@actuaries.org.uk

The Engagement team will respond to your email within three working days and often sooner.

Categories: Lay (non-members), Life insurance, Student
Application closing date: 18 August 2022

The Institute and Faculty of Actuaries (IFoA) is seeking to appoint a Deputy Chair to help drive forward the Pensions Lifelong Learning Sub-committee. 

We are seeking to hear from members who would like to express an interest in taking on this volunteer role.  This is a great opportunity to become involved in shaping and driving forward lifelong learning and content for events, the annual conference and education in the pensions practice area. As part of our succession planning, it is hoped that the Deputy Chair will use the time in post to shadow the Chair and prepare to take over the role of Chair, in due course.  

Applicants for the Deputy Chair role will ideally have a growing industry profile and a good network of contacts. They will be someone who is keen to build on the strong foundations already created and have a passion to help shape and drive forward the Pensions practice area for the future.

The current Chair and board members are keen to create a diverse mix of skills and interests on the committee and encourage anyone with an interest in this area to apply. Geographical location is not a barrier.

View the Task and Person Specification for the role of Deputy Chair
View the Terms of Reference for this sub-committee

The sub-committee’s remit includes defining what events will be run, shaping the content, identifying speakers and post event feedback review.  The sub-committee works in partnership with the IFoA Executive staff.

Time Commitment
The time commitment will be broadly two to three days per quarter.

Next Steps
If, having read the above, you would like to express an interest in volunteering to join this vacancy, please contact the Engagement Team with:

  • brief details of your relevant experience
  • your reason(s) for wishing to get involved
  • a note of your ARN

If you are interested in this role, but would like an informal conversation with the Chair, prior to submitting your application, please contact the Engagement Team to arrange.

Volunteering provides you with a wide range of opportunities.  With all rights and opportunities come responsibilities and we ask all our volunteers to comply with the terms of the IFoA’s Governance Manual and Volunteer Information Pack (VIP).  Please view our ‘what you need to know’ webpages before offering to provide support. 
 

 

Contact Details

If you have enquiries about volunteering please contact the Engagement team

Engagement.team@actuaries.org.uk

The Engagement team will respond to your email within three working days and often sooner.

Categories: Pensions

The Pensions Consultations Sub-Committee of Pensions Board is seeking to appoint a new member.  The role would suit an experienced pensions actuary who is keen to be closely involved in responding to pensions industry consultations, and who has technical expertise in UK DB and/or DC occupational pensions, and an interest in broader social and regulatory policy. 

What is involved
The Institute and Faculty of Actuaries’ (IFoA’s) Consultations Sub-Committee works with the IFoA Policy team to advise policymakers on regulatory and legislative decisions by shaping the IFoA’s responses to Parliamentary inquiries and consultations from Government departments, regulators and other public interest bodies.  You will provide technical and policy input and assist with drafting and reviewing, working collaboratively with other Sub-Committee members, Pensions Board and other IFoA groups to produce consultation responses, based on rigorous and independent analysis, that will represent the views of the IFoA and support the public interest.  

Full details of the requirements for the role are laid out in the documents below:

Pensions Consultations Sub-committee Terms of Reference
Task and Person Specification, Member of the Pensions Consultations Sub-committee 
Volunteer Guide to Consultation Responses

Time commitment and tenure 
Meetings are held on an ad hoc basis, currently by conference call.  The number of meetings and the timing is dependent on the number of pensions related consultations the Sub-Committee needs to respond to, so we would just ask that you are committed to providing considered drafting and comment where a consultation is relevant to your experience and knowledge.  The Executive will support the Sub-committee in contributing to relevant IFoA consultation responses and attending meetings with key external stakeholders on policy matters.

Please note this role can be delivered from anywhere around the globe, location is not a barrier.

How to offer support
If you would like to discuss this vacancy with the Chair prior to applying, please contact the Engagement Team.

If, having read these documents, you would like to express an interest in this role, please contact the Engagement Team.  When contacting us please provide:

  • brief details of your relevant skills and experience
  • your reason for wishing to take on this role
  • a note of your ARN.

All expressions of interest will be progressed as received, and will be followed up by the Chair of the Sub-committee.

We are committed to promoting diversity, equality of opportunity and inclusion, within all our vacancies and we actively encourage applications from a diverse range of potential candidates. Recognising and embracing the unique and diverse talents of our volunteers is fundamental to the success of our organisation.

Volunteering provides you with a wide range of opportunities.  With all rights and opportunities come responsibilities and we ask all our volunteers to comply with the terms of the IFoA’s Governance Manual and Volunteer Information Pack (VIP).  Please view our ‘what you need to know’ webpages before offering to provide support.

 

Contact Details

If you have enquiries about volunteering please contact the Engagement team

Engagement.team@actuaries.org.uk

The Engagement team will respond to your email within three working days and often sooner.

Categories: Pensions
Application closing date: 31 August 2022

Do you want to help the profession by developing education materials for the next generation of actuaries? As a member of the GI Education Team you will help review and develop the GI syllabus and core reading, in particular to ensure that they are kept current, relevant and innovative. 

We are looking for volunteers with experience of general insurance pricing.

If you are interested in this role, and would like an informal conversation with the GI module lead and the GI education actuary prior to submitting your application, please contact the Engagement Team to arrange.

If you would like to express an interest in volunteering to join this vacancy, please contact the Engagement Team with:

  • brief details of your relevant experience
  • your reason(s) for wishing to get involved
  • a note of your ARN

We are committed to promoting diversity, equality of opportunity, and inclusion, within all our vacancies and we actively encourage applications from a diverse range of potential candidates. Recognising and embracing the unique and diverse talents of our volunteers is fundamental to the success of our organisation.

Volunteering provides you with a wide range of opportunities.  With all rights and opportunities come responsibilities and we ask all our volunteers to comply with the terms of the IFoA’s Governance Manual and Volunteer Information Pack (VIP).  Please view our ‘what you need to know’ webpages before offering to provide support.
 

 

Contact Details

If you have enquiries about volunteering please contact the Engagement team

Engagement.team@actuaries.org.uk

The Engagement team will respond to your email within three working days and often sooner.

Categories: General insurance
Application closing date: 22 August 2022

The Institute and Faculty of Actuaries’ (IFoA’s) General Insurance practice board is seeking expressions of interest to join this new working party. Lay members, including non-IFoA members, are also welcomed.

Background
The PRA have published guidance and expectations over the last two years on Casualty exposure management. They reviewed a sample of 10-15 firms and found that data, governance and modelling processes around Casualty CAT was not as established as the NAT CAT risks. As modelling techniques and research evolves, liability exposure management is evolving at a fast pace and we as an industry need to be able to understand and develop best practices to monitor and manage accumulation risk and dependencies. There is also a need to consider how best to represent within carrier’s capital models.
 
Skills/Experience
We are looking to attract a breadth and wealth of experience to the working party. Key skills and experience include: 

  • Exposure Management teams, perhaps with both a nat cat and liability background
  • Capital modellers, particularly those focusing on the underwriting risk component
  • Long tailed liability reserving and pricing teams, particularly those who might have worked on social inflation
  • Vendor modellers – either data providers or modelling firms
  • Brokers
  • Liability underwriters and claims specialists would be useful as experts to bring some of the material to life
  • Teams involved in assessing emerging risk

Time Commitment
The time commitment is approximately half a day to one day per month, made up of regular (probably fortnightly) meetings of the working party and contributing to research in between. We expect some key stages to be busier than others, where the commitment may involve concentrated effort, say on drafting reports and presentations. Meetings will generally be held virtually, so no requirement to meet in person in any particular location.

If you are interested in this role, but would like an informal conversation with the Chair, prior to submitting your application, please contact the Engagement Team to arrange.

If, having read the documents above, you would like to express an interest in volunteering to join this board, please contact the Engagement Team with brief details of your relevant experience

  • brief details of your relevant experience
  • your reason(s) for wishing to get involved
  • a note of your ARN, if you are a member of the IFoA
  • for non-members, a brief copy of your CV and full contact details.

We are committed to promoting diversity, equality of opportunity, and inclusion, within all our vacancies and we actively encourage applications from a diverse range of potential candidates. Recognising and embracing the unique and diverse talents of our volunteers is fundamental to the success of our organisation.

Volunteering provides you with a wide range of opportunities.  With all rights and opportunities come responsibilities and we ask all our volunteers to comply with the terms of the IFoA’s Governance Manual and Volunteer Information Pack (VIP).  Please view our ‘what you need to know’ webpages before offering to provide support.
 

 

Contact Details

If you have enquiries about volunteering please contact the Engagement team

Engagement.team@actuaries.org.uk

The Engagement team will respond to your email within three working days and often sooner.

Categories: General insurance, Lay (non-members), Student

The General Insurance Research and Thought Leadership Sub-committee (GIRTL) is responsible to the General Insurance Board (GI) for all matters relating to research and thought leadership, specifically within the GI Practice Area and The Institute and Faculty of Actuaries (IFoA)  is seeking to appoint both members and suitably qualified non-members to join this sub-committee for an active research programme. 

We are particularly seeking to recruit volunteers, who have research experience from all parts of the General Insurance (GI) industry.  Volunteers will have a passion for actively fostering and driving forward all stages of research and thought leadership for their peers working in the GI Practice Area.

Full details of the requirements for the role is laid out in the Task and Person Specification documents below: 

Time Commitment
Up to two days per month, including following up on actions as required ensuring deadlines and commitments are met; and attending committee meetings currently scheduled monthly. Meetings are usually held in London although participation can be by conference call / video conference to allow us to widen this opportunity to all members.  There is no requirement to meet in person at this time.  

Next steps

If, having read the documents above, you would like to express an interest in volunteering for this sub-committee, please contact the Engagement Team.  When contacting us, please provide:

  • brief details of your relevant experience
  • your reason(s) for wishing to get involved
  • a note of your ARN, if you are a member of the IFoA
  • for non members, a brief copy of your CV and full contact details.

Volunteering provides you with a wide range of opportunities.  With all rights and opportunities come responsibilities and we ask all our volunteers to comply with the terms of the IFoA’s Governance Manual and Volunteer Information Pack (VIP).  Please view our ‘what you need to know’ webpages before offering to provide support.

 

Contact Details

If you have enquiries about volunteering please contact the Engagement team

Engagement.team@actuaries.org.uk

The Engagement team will respond to your email within three working days and often sooner.

Categories: General insurance, Lay (non-members)
Application closing date: 18 August 2022

Periodical Payments Orders (PPOs) are a significant feature of insurers' and reinsurers' balance sheets already and are having an impact on pricing and capital modelling efforts of GI actuaries.  The PPO Working Party exists as a source of knowledge and expertise within the Institute and Faculty of Actuaries (IFoA) and has been at the forefront of advising GI actuaries about the impacts of PPOs on their work, such as the need to use life insurance techniques in their valuation. 

The PPO Working Party is currently seeking a new Chair to lead the working party.  This includes driving the working party forward, chairing the meetings and representing the working party at committees and events, where necessary.  This role is suited to both members and non-members who have an insurance, pensions or legal background. 

The PPO Working Party meets monthly, by conference call, and is expected to produce a written report of the findings of their work and to present at industry events as appropriate. 

Skills and experience
As Chair, you will lead the group’s discussions and the communication of the output.  For this role, we are ideally looking for a volunteer with experience of leading, or working within, a working party or committee environment with experience in PPOs.  While this is not essential it is important that the Chair should have demonstrable experience in their ability to run the working party and to help progress its key objectives. 

The Chair will drive the work streams forward, taking responsibility for one particular work stream.  It is important for the Chair to maintain the momentum of a working group comprising members from a variety of different locations, including internationally.  Previous experience of leading a working party is not necessary, but the ability to encourage discussion and drive action is key.

Time commitment
As Chair, you will typically be expected to commit three to six hours per month, including preparing for and participation in the working party meetings.  You may also be required to attend other GI committee meetings and events as a representative of the working party.  There is no requirement to meet in person at this time.

Next steps
If you are interested in this role, but would like an informal conversation, prior to submitting your application, please contact the Engagement Team to arrange.

If, having read the documents above, you would like to express an interest in volunteering to join this board, please contact the Engagement Team with brief details of your relevant experience

  • brief details of your relevant experience
  • your reason(s) for wishing to get involved
  • a note of your ARN, if you are a member of the IFoA
  • for non-members, a brief copy of your CV and full contact details.

We are committed to promoting diversity, equality of opportunity, and inclusion, within all our vacancies and we actively encourage applications from a diverse range of potential candidates. Recognising and embracing the unique and diverse talents of our volunteers is fundamental to the success of our organisation.

Volunteering provides you with a wide range of opportunities.  With all rights and opportunities come responsibilities and we ask all our volunteers to comply with the terms of the IFoA’s Governance Manual and Volunteer Information Pack (VIP).  Please view our ‘what you need to know’ webpages before offering to provide support.

 

Contact Details

If you have enquiries about volunteering please contact the Engagement team

Engagement.team@actuaries.org.uk

The Engagement team will respond to your email within three working days and often sooner.

Categories: General insurance, Lay (non-members)

The overarching objective of the Flood Working Party is to be a source of knowledge and expertise within the Institute and Faculty of Actuaries (IFoA) on matters relating to flood.  The working party’s research has a strong UK focus.

The working party is seeking additional members, and would welcome applicants from IFoA members, or non-members, with the following: 

  • experience of actively contributing to a working party
  • skilled in leading discussions and driving research objectives
  • extensive knowledge of the topic
  • a strong network of contacts within the industry.

If you have a passion for the subject and the time to contribute we would like to hear from you.  In particular, an awareness of customer interaction with insurance and of public policy or capital and reserving expertise are sought, as this working party is comprised of a broad mix of skills.

Further details of the Flood Working Party can be found on the IFoA website.

Time commitment

Members will be asked to commit three to five hours per month for active involvement in this working party, including a monthly meeting, which is by conference call to allow wider participation.  There will be no requirement for volunteers to meet in one place.

Volunteers are also asked, where possible, to contribute to presentations.  This is by mutual convenience with no requirement to attend any specific conference.  There are opportunities in various locations in the UK, as well as in London.

How to get involved

If you would like to volunteer to be considered as a member of this working party, please contact the Engagement Team.  When contacting us, please provide the following information:

  • a note of your relevant experience and interest in the topic
  • your reasons for wishing to get involved
  • a note of your ARN, if you are a member of the IFoA
  • if you are a non-members, please provide your full contact details (including postal address, email and a phone number) and a copy of your CV.

All offers of support will be progressed as received, and reviewed by a selection committee.

Volunteering provides you with a wide range of opportunities.  With all rights and opportunities come responsibilities and we ask all our volunteers to comply with the terms of the IFoA’s Governance Manual and Volunteer Information Pack (VIP).  Please view our ‘what you need to know’ webpages before offering to provide support.

 

Contact Details

If you have enquiries about volunteering please contact the Engagement team

Engagement.team@actuaries.org.uk

The Engagement team will respond to your email within three working days and often sooner.

Categories: General insurance, Lay (non-members)

Our starting premise is that whilst machine learning techniques are widespread in pricing, they are not being adopted ‘on the ground’ in reserving (certainly in the UK).  The idea of the working party is to help move this forward, by identifying what the barriers are, communicating any benefits, and helping develop the research techniques in pragmatic ways.

At the same time we understand the resource and time pressures that reserving actuaries are under and the aim is not to replace existing reserving methods per se, but to start the journey to understanding if and how machine learning may help us in our day to day work.

This is an international working party bringing together experts in this field from around the globe.

Scope

1.  Find out where the market is on progressing this

  • What are the barriers
  • What are the benefits?

2.  Bring together papers/work done to date
3.  Undertake research

  • Identify any “literature gaps”, eg areas as yet unstudied;
  • Carry out research to fill the gap
  • This is likely to include an element of education in data science techniques using examples

4.  Look at specific questions around techniques, eg:

  • What techniques should be looked at/which work best and why?
  • How to incorporate actuarial judgement into process
  • How to measure/spot trends
  • Can uncertainty be measured?
  • IBNER most modelled for these purposes– what to do about IBNYR?
  • Paid is often more reliable than incurred – can the information in case estimates be utilised?
  • Use of operational time/claims process

5.  What research should be commissioned?
6.  Trust and Ethics

  • Analysis of the wider debate in machine learning where relevant to our work

7.  What data sources are available?

  • For testing methods
  • Incorporating wider data sources, pricing, claims, external data. 

We are particularly interested in volunteers with relevant experience, however the working party is open to everyone with enthusiasm for the subject and time to commit. Applications are welcome from both members of the Institute and Faculty of Actuaries (IFoA) and non-members.

Time commitment

It is estimated that volunteers will be asked to devote at least one or two days per month to the research, developing models and/or writing up findings.  
 
How to Volunteer

If you would like to offer your support and volunteer for this working party, please contact the Engagement Team.   When contacting us, please provide:

  • Brief details of your relevant experience
  • Your reasons for wishing to join the working party
  • A note of your ARN (if you are a member of the IFoA)
  • For non IFoA members, your contact details and a brief CV.

Volunteering provides you with a wide range of opportunities.  With all rights and opportunities come responsibilities and we ask all our volunteers to comply with the terms of the IFoA’s Governance Manual and Volunteer Information Pack (VIP).  Please view our ‘what you need to know’ webpages before offering to provide support.  

  

Contact Details

If you have enquiries about volunteering please contact the Engagement team

Engagement.team@actuaries.org.uk

The Engagement team will respond to your email within three working days and often sooner.

Categories: General insurance, Lay (non-members), Student

The Institute and Faculty of Actuaries' (IFoA’s) Third Party Working Party investigate emerging claim trends in third-party motor insurance.

Objectives:

  • work in conjunction with the Periodical Payment Orders (PPO) Working Party to ensure that key messages of interest to the industry, consumers, the press, or government bodies are appropriately aired
  • collect additional data from within the UK market or from other sources as the working party sees fit
  • maintain appropriate standards with respect to competition law – in particular, no individual company actuary will see any data other than aggregate market data and there will be no discussion around pricing related matters
  • all data processing is being hosted and anonymized by Willis Towers Watson.

View full details and recent press releases

Membership of the working party

The working party aims to include a representative from each organisation that handles UK-based General Insurance (GI) third-party data.  While this is an individual volunteer appointment, the individual volunteers appointed to this working party are appointed to represent their organisation. 

Time commitment and participation

The time commitment is approximately one day per month, made up of attendance at a monthly meeting by conference call lasting approximately one and a half hours, with follow-up research and actions between meetings.

How to get involved

If you work for an organisation that handles UK-based third party data and your organisation is not currently represented in this group, we would like to hear from you.  Please contact the Engagement Team.  When contacting us please provide the following information:

  • your name and the name of your organisation
  • brief details of the type of UK based third party data your company handles
  • your reasons for wishing to get involved
  • what you feel you could bring to this working party
  • your ARN, if you are a member of the IFoA
  • if you are non-members who meet the above criteria, full contact details including postal address, email and a phone number.

All expressions of interest will be considered by the Chair of the working party.

Volunteering provides you with a wide range of opportunities.  With all rights and opportunities come responsibilities and we ask all our volunteers to comply with the terms of the IFoA’s Governance Manual and Volunteer Information Pack (VIP).  Please view our ‘what you need to know’ web pages before offering to provide support.

 

Contact Details

If you have enquiries about volunteering please contact the Engagement team

Engagement.team@actuaries.org.uk

The Engagement team will respond to your email within three working days and often sooner.

Categories: General insurance, Lay (non-members)

"Organisations that employ at least three qualified actuaries are encouraged to appoint a CPD Co-ordinator".  This is an Institute and Faculty of Actuaries (IFoA) recommendation.

CPD Co-ordinators play a key role in effective engagement between organisations who employ our members and the IFoA. Organisations with multiple offices often appoint one per office.  Some of the large organisations appoint one CPD Co-ordinator per practice area, eg a different person for Life and General Insurance in the same organisation.
 
We have created, following peer review, a CPD Co-ordinators Guide, called "The role of the CPD Co-ordinator: Engaging with employers". This guide highlights the principles, benefits and opportunities. 

Download The role of the CPD Co-ordinator: Engaging with employers.

Within the guide you will find:

  • Page 4:  sets out the information CPD Co-ordinators will receive
  • Page 7:  provides opportunities for your organisation to engage
  • Page 11: gives nine examples; how others do it.  In this section nine CPD Co-ordinators share their thoughts.

As CPD Co-ordinator you will also receive the CPD Co-ordinators quarterly newsletter as well as other updates, from time to time.  View the latest CPD Co-ordinators newsletter.

The IFoA maintains a database of all CPD Co-ordinators.  The database is growing and not all organisations are represented as yet.  If you would like to check if your organisation is represented, or to volunteer to act as a CPD Co-ordinator for your organisation, please contact the Engagement Team.  When contacting us please provide a note of the name of your organisation, approximately how many offices your organisation operates around the globe and a note of your ARN, if applicable.  If you are a non member, please provide your full contact details.

Volunteering provides you with a wide range of opportunities.  With all rights and opportunities come responsibilities and we ask all our volunteers to comply with the terms of the IFoA’s Governance Manual and Volunteer Information Pack (VIP).  Please view our ‘what you need to know’ webpages before offering to provide support. 

 

Contact Details

If you have enquiries about volunteering please contact the Engagement team

Engagement.team@actuaries.org.uk

The Engagement team will respond to your email within three working days and often sooner.

The Quality Team at the IFoA actively seeks individuals to support the examination process.  We have a number of roles that may interest individuals who wish to support the IFoA.

For further information please view the Educational opportunities (paid) webpage.

 

Contact Details

If you have enquiries about volunteering please contact the Engagement team

Engagement.team@actuaries.org.uk

The Engagement team will respond to your email within three working days and often sooner.

Categories: Education

Providing financial education through the Livery Schools Link, the London-based Worshipful Company of Actuaries has teamed up with Teaching Business Enterprise and Employability in Schools (BEE) to provide financial education to young people. They are currently running schemes in three primary schools in the UK - one in Tower Hamlets in London, one in Dorking in Surrey and one in Radlett in Hertfordshire.

Each scheme usually comprises six sessions across the Summer term of year five and Autumn term of year six. Four of the sessions are conducted in the classroom at the school with one optional session at the Bank of England. The final session is a Dragon’s Den style event hosted at local offices, where possible. Each session lasts up to two hours. Ideally volunteers would be able to attend more than one of these sessions to help to provide some continuity for the children. The 2021/22 scheme may change timings and locations depending on the requirements of schools.
 
If you are a member of the IFoA and live and/or work in or near any of the locations, then please consider volunteering to share your enthusiasm and your knowledge of finance and business with young people in these schools.
 
View an Introduction to the BEE Programme.
 
To find out more about what is involved, the time commitment involved and to register your interest, please contact:

Shani Clarke (London)Andy Whitehouse (Surrey) or Andy Cherkas (Hertfordshire)

Contact Details

If you have enquiries about volunteering please contact the Engagement team

Engagement.team@actuaries.org.uk

The Engagement team will respond to your email within three working days and often sooner.

Categories: Finance and investment, Student

At the Institute and Faculty of Actuaries (IFoA) we pride ourselves on working collaboratively with organisations that employ our student members.  It is vital that we get your feedback and work with you to support your (and our) students, so make sure you have a volunteer Student Employer Contact (SEC) registered with us.

How does this benefit you?  Having an SEC:

  • gives you direct communication with our Engagement and Learning Directorate
  • will ensure you are one of the first to receive important information and updates about any changes which may effect your students
  • allows your organisations’ voice to be heard and for your organisation to have your say about a hot topic (such as the Education Strategy Review)
  • provides you with support to ensure students in your organisation are supported.

An SEC does not need to be a qualified actuary but they do need to be someone who is willing to play a proactive role in two-way communication between the IFoA and the employer.

As this role involves supporting students, it is not possible for a current student to become an SEC.

If your organisation employs IFoA student members we encourage you to appoint an SEC.  If you would like to volunteer to take on this role, or to check if someone in your organisation has already volunteered, please contact the Engagement Team, who will put you in contact with Kirstie Smith, Senior Stakeholder Relationship Manager at the IFoA.  Kirstie supports all SECs.  When contacting the Engagement Team it would be helpful if you could please provide a note of the following:

  • your organisation’s name and location(s)
  • an approximate number of IFoA student members currently in your organisation 
  • a note of your ARN, if you are a member of the IFoA
  • if you are not a member of the IFoA, please provide your full contact details plus a note of your role within your organisation.

All expressions of interest will be followed up as received.

Volunteering provides you with a wide range of opportunities.  With all rights and opportunities come responsibilities and we ask all our volunteers to comply with the terms of the IFoA’s Governance Manual and Volunteer Information Pack (VIP).  Please view our ‘what you need to know’ webpages before offering to provide support.

 

Contact Details

If you have enquiries about volunteering please contact the Engagement team

Engagement.team@actuaries.org.uk

The Engagement team will respond to your email within three working days and often sooner.

Categories: Education
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