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Volunteer vacancies

Debbie Atkins

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   

See below for our current vacancies (volunteer and paid roles). Subscribe to the RSS feed to be kept up-to-date with the latest vacancies.  To find out more contact Debbie Atkins, Head of Engagement.

Download our flowchart to see how we recruit our volunteers.

Volunteering categories
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.

As part of their remit to engage with members living and working in Scotland, the Scottish Board run an initiative called "Knowledge Sharing Scotland" which delivers technical and professional CPD training, to small (20-40) groups of actuaries in Edinburgh, Glasgow and Stirling, throughout the year.

The purpose is to better engage with employers of actuaries; to bring these sessions to their offices, provide networking, offer CPD, and to deliver additional events and valuable knowledge to members living and working in Scotland.
 
These events are advertised on the events calendar.
 
The Scottish Board are seeking to hear from individuals who would be prepared to volunteer to support this resource either as:  

  • a speaker at a future event, and or 
  • to host a lunchtime event in their office 

If you would like to offer your support, or find out more, please contact Debbie Atkins, Head of Engagement.  When contacting Debbie please indicate the type of support you would be willing to provide with as much detail as possible.  

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 Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Application closing date: 30 May 2019

The Regulation Board (the Board) has vacancies for two new members.  We are seeking applications from Fellows and Associates of the Institute and Faculty of Actuaries (IFoA).

Background

The Regulation Board is responsible for the IFoA’s regulatory framework and strategy, which underpins its public interest function.  As such the Board plays a central role in overseeing our relationship with the Financial Reporting Council (FRC), as our regulatory oversight body for the work undertaken in relation to UK Practice, but is also responsible for our regulatory policy and strategy for all members irrespective of where they operate.  

The Board has a significant and stimulating work plan to maintain and further develop our regulation policy in both a UK and international context.  The challenges and demands on the Board are complex, interdependent and fast moving. 

The Board meets six times a year, usually in London and occasionally in Edinburgh.  Although we are keen that members attend our board meetings in person, we are flexible and utilise virtual meeting and video-conferencing technology to make this role accessible to the widest range of potential appointees.

The Board strives to maintain a balance of practice area representation and specialists are currently, particularly sought from any of the following areas:

  • Finance and Investment
  • Wider Fields
  • Retirement Benefits.

For full details of the role of member, please view the Task and Person Specification

Applications

If you are a Fellow or Associate of the IFoA and would like to offer your assistance and to be considered for the Regulation Board, or would like to find out more, please contact Debbie Atkins, Head of Engagement.  When contacting Debbie, please provide: 

  • a note of what you feel you can bring to the role 
  • a brief synopsis of your relevant background and experience
  • a note of your ARN would also be helpful. 

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 Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Finance and investment, Pensions, Regulation
Application closing date: 30 May 2019

The Institute and Faculty of Actuaries’ (IFoA’s) Disciplinary Appointments Committee (DAC) makes the appointments for all those working in the profession’s Disciplinary Scheme.

As a result of a planned retirement a vacancy will arise and we are therefore seeking to hear from Fellows of the IFoA who are keen to be considered for this senior volunteer opportunity.

View the Task and Person Specification for this role 
View the remit of the DAC which is set out in the IFoA’s Disciplinary Scheme

Please note: interviews are anticipated to take place on the 24 and 25 of June. 

Mention the disciplinary process to other actuaries, and most will simply say that they are glad not to have had any dealings with it.  But it is a vital part of our profession, and I would encourage members to consider getting involved.

Gordon Sharp, Fellow: member of the Disciplinary Board.  Read Gordon's volunteer experience.

How to offer support

If you are a Fellow of the IFoA and would like to express interest in joining the DAC please contact Debbie Atkins, Head of Engagement. When contacting Debbie please provide the following information to support your expression of interest:

  • your CV (maximum of two pages)
  • a cover letter (maximum of 1000 words) focussing on:
    • why you are applying
    • your relevant skills based on the Task and Person Specification
    • a note of what you feel you can bring to this role
  • a note of your ARN.

All expressions of interest will be followed up after the closing date.

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 Induction 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 Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Regulation
Application closing date: 12 June 2019

The Practising Certificates Committee (PCC) is seeking to appoint one new member to join the Lloyd’s Panel to consider applications for Lloyd’s Syndicate Practising Certificates to sign Syndicate Actuary Opinion’s.

Expertise required

The current Chair of the PCC, John Jenkins, is seeking to hear from members who are Fellows of the Institute and Faculty of Actuaries (IFoA) (qualified for at least 3 years) with up-to-date experience in, and knowledge of, Lloyds and the London market.

View the Terms of Reference for this Committee

Time commitment

As contributions are mainly done by email the time commitment is approximately, on average, three hours per month, maybe more in September and October.  There are two review meetings each year which are held in London.  Attendance at these meetings can be by conference call, if preferred. 

Tenure

It is hoped that members of this committee will be happy to take up a tenure of three years.  Tenure is reviewable annually, depending on changing circumstances, participation and performance in PCC matters.

How to offer support

To volunteer to provide support to the PCC Lloyds Panel please contact Debbie Atkins, Head of Engagement.  When contacting Debbie please can you briefly indicate:

  • your relevant experience and reason(s) for wishing to be involved  
  • a note of your ARN 
  • confirmation that you are more than three years qualified.

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 Induction 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 Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: General insurance
Application closing date: 12 June 2019

The Practising Certificates Committee (PCC) is seeking to appoint a new member to join the Non-Life Panel to consider applications for General Insurance Chief Actuary Practising Certificates, both with and without Lloyd’s.

Expertise required

The current Chair of the PCC, John Jenkins, is seeking to hear from members who are Fellows of the Institute and Faculty of Actuaries (IFoA) (qualified for at least 3 years) and who have knowledge of work reserved under Solvency II for a Chief Actuary to a Non-Life Insurer.  Ideally this person will also have 10+ years’ experience of general non-Life work, as well as the work reserved for the Chief Actuary.

View the Terms of Reference for this committee

Time commitment

As contributions are mainly done by email the time commitment is approximately, on average, 10 hours per month, maybe more in the latter half of the year.  There are two review meetings each year which are held in London.  Attendance at these meetings can be by conference call, if preferred. 

Tenure

It is hoped that members of this committee will be happy to take up a tenure of three years.  Tenure is reviewable annually, depending on changing circumstances, participation and performance in PCC matters.

How to offer support

To volunteer to provide support to the PCC Non-Life Panel please contact Debbie Atkins, Head of Engagement.  When contacting Debbie please can you briefly indicate:

  • your relevant experience and reason(s) for wishing to be involved
  • a note of your ARN 
  • confirmation that you are more than three years qualified.

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 Induction 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 Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: General insurance
Application closing date: 12 June 2019

The Practising Certificates Committee (PCC) is seeking to appoint a member to join the Pensions Panel to consider applications for Scheme Actuary Practising Certificates.

Expertise required

The current Chair of the PCC, John Jenkins, is seeking to hear from members who are Fellows of the Institute and Faculty of Actuaries (IFoA) (qualified for at least three years) and who have knowledge and up to date experience in Scheme Actuary work coupled with broader experience of pensions work to contrast Scheme Actuary work against.  Ideally this person will also be a current, or recent, holder of a Scheme Actuary Practising Certificate. 

View the Terms of Reference for this committee

Time commitment

Approximately, on average, ten hours per month, maybe more in December and January.  The PCC approve applications by email, and only if a case needs discussed will they meet by conference call.  There are two review meetings each year which are held in London.  Attendance at these meetings can be by conference call, if preferred. 

Tenure

It is hoped that members of this committee will be happy to take up a tenure of at least three years.  Tenure is reviewable on a regular basis depending on changing circumstances, participation and performance in PCC matters.

How to offer support

To volunteer to provide support to the PCC please contact Debbie Atkins, Head of Engagement.  When contacting Debbie, please can you briefly indicate:

  • your relevant experience both as a Scheme Actuary and in the Pensions practice area
  • a note of your ARN 
  • confirmation that you are more than three years qualified.

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 Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Pensions
Application closing date: 23 May 2019

An opportunity to join the Designated Professional Body (DPB) Board of the IFoA has arisen.

If you are a Fellow or Associate of the IFoA and work in a DPB licensed or FCA authorised firm you may be interested in joining the Board tasked with responsibility for overseeing the operation of the DPB regime.
 
Background information: The Financial Services & Markets Act 2000, which governs all financial services in the UK, allows some professional organisations to act as designated professional bodies or DPBs. Under this regime, those licensed by a DPB may carry out a limited range of regulated activities, without having to obtain direct authorisation from the Financial Conduct Authority under the terms of a DPB Licence.

The DPB Board is charged with responsibility for acting on behalf of Council to meet the IFoA’s responsibilities as a DPB under the Financial Services and Markets Act 2000. 
 
View the Terms of Reference for the Designated Professional Body Board (currently being reviewed) 
View full details on the Task and Person Specification for the role. 
 
Offering support:  If you would like to find out more, or express an interest in taking on this role for the IFoA, please contact Debbie Atkins, Head of Engagement.  

When contacting Debbie, please provide: 

  • a brief overview of your relevant skills and experience; 
  • the name of the DPB licensed firm in which you currently operate; 
  • an indication of what you feel you could bring to the role; 
  • your reasons for wishing to offer support; and
  • a note of your ARN.

After the closing date, all expressions of interest will be considered by the Chair of the Board, together with input from the Chair of the Regulation Board.

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 Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Regulation
Application closing date: 23 May 2019

The Institute and Faculty of Actuaries’ (IFoA’s) Finance and Investment Board is seeking to appoint up to four new members to broaden the collective experience of the board in relation to the range of backgrounds and areas of professional interest.  

The Finance and Investment Board is committed to promoting diversity, inclusion, and equal opportunity for all board members.  We encourage applications from a diverse range of potential candidates, in terms of, but not exclusively gender, age, disability and ethnicity, as well as reflecting the geographical spread of our membership.  Applications are particularly welcome from female members and from members based outside the UK, who are currently under-represented.

In addition, we encourage candidates directly involved in investments for pension funds or insurance companies and are also keen that members from the banking industry (investment and retail) banking, and Non-Executive Directors (NEDs) to express interest in this role.  Actuaries of all ages are encouraged to volunteer including mature and newly qualified actuaries.  It is relevant experience and an ability to contribute that is required.

The board acts as a source of expertise within the profession on matters relating to the Finance and Investment practice area, and has a key role in promoting, supporting and championing the interests of practice area members.

Please feel free to contact the Chair of the Finance and Investment Board, Dick Rae, or any other Member of the Finance and Investment Board, if you would like to find out more before applying.

View the Task and Person Specification
View the Terms of Reference

How to volunteer

If, having read the above documents, you would like to express interest in joining this board, please contact Debbie Atkins, Head of Engagement.  When contacting Debbie, please can you provide:

  • a brief indication of your key reason for wishing to join the board
  • a brief indication of what you feel you can bring to the role
  • a brief synopsis of your relevant background and experience
  • a note of your ARN.

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 Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Finance and investment
Application closing date: 26 June 2019

The Pensions Consultations Sub-committee is seeking to appoint a Deputy Chair to join this group.  The sub-committee membership comprises of Pensions actuaries in technical support roles and client facing roles.

This group works with the Institute and Faculty of Actuaries’ (IFoA’s) Executive staff to consider consultations from Government, regulatory bodies, and other public interest bodies, and drafts responses as appropriate, in accordance with the IFoA’s consultations process.  The aim is to work collaboratively with other boards/consultation sub-committees as appropriate to produce comprehensive consultation responses that represent the wider IFoA views.  The sub-committee also works with external stakeholders to promote the public interest by providing their expertise and highlighting the value that actuaries can bring to society.  

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

Time commitment and tenure 

For the Deputy Chair role, tenure is two years with a further two years to follow in the post of Chair.  Meetings are held on an ad hoc basis in London and attendance by conference call is possible.  The number of meetings is dependent on the number of pensions related consultations the sub-committee is called upon to provide expert input on.  The Executive will support the sub-committee in contributing to relevant IFoA consultation responses and attending meetings with key external stakeholders on policy matters.

How to offer support

If you are a Fellow or Associate member of the IFoA with experience in the Pensions practice area, please contact Debbie Atkins, Head of Engagement.  When contacting Debbie please provide brief details of your relevant experience and your reason for wishing to join this group.  A note of your ARN would also be helpful.

All expressions of interest will be considered by the Chair of the Pensions Consultations Sub-committee, Chair of the Pensions Board and Executive staff.

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 Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Pensions

The Pensions Consultations Sub-committee is seeking to appoint members to join this group.  The sub-committee membership comprises of Pensions actuaries in technical support roles and client facing roles.

This group works with the Institute and Faculty of Actuaries’ (IFoA’s) Executive staff to consider consultations from Government, regulatory bodies, and other public interest bodies, and drafts responses as appropriate, in accordance with the IFoA’s consultations process.  The aim is to work collaboratively with other boards/consultation sub-committees as appropriate to produce comprehensive consultation responses that represent the wider IFoA views.  The sub-committee also works with external stakeholders to promote the public interest by providing their expertise and highlighting the value that actuaries can bring to society. 

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 by conference call.  The number of meetings is dependent on the number of pensions related consultations the sub-committee is called upon to provide expert input on.  The Executive will support the sub-committee in contributing to relevant IFoA consultation responses and attending meetings with key external stakeholders on policy matters.

How to offer support

If you are a Fellow or Associate member of the IFoA with experience in the Pensions practice area, please contact Debbie Atkins, Head of Engagement.  When contacting Debbie please provide brief details of your relevant experience and your reason for wishing to join this group.  A note of your ARN would also be helpful.

All expressions of interest will be considered as received, by the Chair of the Pensions Consultations Sub-committee, Chair of the Pensions Board and Executive staff.

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 Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Pensions
Application closing date: 28 May 2019

The Pensions Consultations Sub-committee is seeking to appoint a member with expertise in defined contribution (DC) pensions to join this group.  The sub-committee membership comprises of pensions actuaries in technical support roles and client facing roles.

This group works with the Institute and Faculty of Actuaries’ (IFoA’s) Executive staff to consider consultations from Government, regulatory bodies, and other public interest bodies, and drafts responses as appropriate, in accordance with the IFoA’s consultations process.  The aim is to work collaboratively with other boards/consultation sub-committees as appropriate to produce comprehensive consultation responses that represent the wider IFoA views.  The sub-committee also works with external stakeholders to promote the public interest by providing their expertise and highlighting the value that actuaries can bring to society. 

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, by conference call.  The number of meetings is dependent on the number of pensions related consultations the sub-committee is called upon to provide expert input on.  The Executive will support the sub-committee in contributing to relevant IFoA consultation responses and attending meetings with key external stakeholders on policy matters.

How to offer support

If you are a Fellow or Associate member of the IFoA with experience in the pensions practice area, please contact Debbie Atkins, Head of Engagement.  When contacting Debbie please provide brief details of your relevant experience and your reason for wishing to join this group.  A note of your ARN would also be helpful.

After the closing date, all expressions of interest will be considered by the Chair of the Pensions Consultations Sub-committee, Chair of the Pensions Board and Executive staff.

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 Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Pensions

The Life Standards and Consultations Sub-committee is seeking to appoint up to three members to join this group.  The sub-committee membership comprises of Life actuaries in certificate holder, technical support roles and client facing roles; and we would particularly appreciate volunteers from direct offices.

This group works with the Institute and Faculty of Actuaries' (IFoA’s) Executive staff to consider consultations which have been delegated to it and drafts responses as appropriate, in accordance with the IFoA’s consultations process.  The aim is to work collaboratively with other boards/consultation sub-committees as appropriate.  This ensures responses represent the wider IFoA’s views.  The group also participates with and liaises with other organisations and external working parties, as appropriate.  This sub-committee also provides input to help the IFoA ensure the development and maintenance of robust technical and ethical standards and non-mandatory resource material for the practice area.

View the Terms of Reference for this sub-committee
View task and Person Specification for the role of member
View our Volunteer Guide to Consultation Responses

How to offer support

If, having read the above information, you feel you have the skills, experience, and time, to devote to this important and senior role, please contact Debbie Atkins, Head of Engagement, to express your interest.  When contacting Debbie please provide the following:

  • details of your relevant experience
  • reasons explaining your desire to volunteer
  • your ARN.

All expressions of interest will be progressed as received and will be considered by a selection panel including the Chair of the Life Board.  

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 Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Life insurance

The General Insurance (GI) Standards and Consultations Sub-committee is seeking to appoint two additional members.  The sub-committee membership comprises of GI actuaries in technical support roles and client facing roles; new volunteers are welcome from either background.

This sub-committee is committed to promoting diversity and equal opportunities.  We encourage members around the globe to get involved.  Location is not a barrier. 

This group works with the Institute and Faculty of Actuaries’ (IFoA’s) Executive staff to consider consultations which have been delegated to it and drafts responses as appropriate, in accordance with the IFoA’s consultations process.  The group works collaboratively with other boards/consultation sub-committees as appropriate.  The group also liaises with other organisations and external working parties, as appropriate.  This enables the group’s consultation responses to take account of wider views both within the IFoA and beyond.  This sub-committee also provides input, when required, to help the IFoA develop and maintain technical and ethical standards and non-mandatory resource material for the practice area.

Full details of the sub-committee and the role of members are contained in the documents below:

View the Terms of Reference for this sub-committee
View the Task and Person Specification for a Member of this sub-committee
View our Volunteer Guide to Consultation Responses

How to offer support

If you are a Fellow or Associate member of the IFoA with experience in the GI practice area, and having read the appropriate documents above wish to express an interest in the role, please contact Debbie Atkins, Head of Engagement.  When contacting Debbie please provide:

  • brief details of your relevant experience
  • your reasons for wishing to take on this role
  • a note of your ARN would also be helpful.

All offers of support will be progressed 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 Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: General insurance

We are seeking support from two to three experienced Fellows and Associates of the Institute and Faculty of Actuaries (IFoA) to volunteer to become part of the Professional Support Service (PSS) in order to strengthen our volunteer panels and to enable us to provide members with the benefit of their expertise in the interpretation of:

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

Members may also request assistance relating to ethical dilemmas.

There is a particular need for practitioners specialising in Life, with an interest in professional ethics.  Please note this role can be delivered from anywhere around the globe, location is not a barrier.

How the PSS works

Members of the IFoA contact the PSS via an online form on the website to submit their queries and to ask for assistance on the interpretation of these professional and technical standards, or professional issues.  Queries are first considered and anonymised by members of the IFoA’s Executive staff before being circulated by email to the relevant topic specific panels of PSS experts.  

The PSS panel members share their views on the query and communicate with other panel members, predominantly via email, to discuss the key components of a suitable response before a final response is drafted by the IFoA’s Executive staff.  The draft response is then shared and considered by the panel members before a final response is agreed and sent to the enquiring member.  The PSS panel operate to a service level agreement whereby they aim to provide a full response within 15 working days.  For a more general overview of the operation of the PSS, you may wish to view the PSS User Guide.

Time commitment

The time commitment is not onerous.  The service receives on average 24 queries per year across a spread of disciplines with around half of the queries going to the professionalism panel.

How to get involved

If you would like to express interest in this role, or to have a discussion and find out more, please contact Debbie Atkins, Head of Engagement.  When contacting Debbie please provide a brief note of your relevant experience and a note of our ARN.

All expressions of interest will be progressed as received and you will have an opportunity to discuss this, in more detail, with Fiona Goddard, IFoA Head of Professionalism.

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 Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Life insurance

We are looking for volunteers to fill a variety of roles to help deliver the Institute and Faculty of Actuaries’ (IFoA’s) 3-Stage Professional Skills Training regime:

Stage 1: Online Professionalism Awareness Test (OPAT)
Stage 2: Professional Skills Course (PSC)
Stage 3: Professional Skills for Experienced Members (PST)

We operate a 'Professional Skills Pool' which enables volunteers to declare an interest in specific roles suited to their particular skills, whilst opting out of other tasks perhaps less so.  These roles are:

1.  members to join a review group looking at the re-design of the OPAT and PSC;
the existing review group has vacancies for members with a Life or wider fields background to help design revised modules for Stages 1 and 2 of the IFoA’s Professional Skills Training.  Draft outline courses and formats have been proposed and the group is now in content development mode

2.  reviewing content for the re-designed OPAT and PSC (when finalised);
it is proposed to set up a review sub-group to evaluate the proposed content for the re-designed modules for Stages 1 and 2 of the IFoA’s Professional Skills Training

3.  facilitating Professional Skills sessions at IFoA events and conferences;
volunteers are sought to present at Professional Skills Sessions designed to meet the Stage 3 PST requirements at scheduled IFoA events and conferences

4.  facilitating ad hoc Professional Skills sessions at other locations including overseas;
there is also a requirement for volunteers to deliver Professional Skills sessions on request.  This can be to Regional Actuarial Associations or overseas associations on an ad hoc basis.

The 2018/2019 video case studies can be accessed on the Professional Skills Training webpage.

Applications are invited from all practice areas.  We would like to hear from enthusiastic members of the IFoA who have a keen interest in professional ethics and wish to offer the benefit of their experience dealing with professional issues to other members. 

How to get involved

To offer your support, or to find out more, please contact Debbie Atkins, Head of Volunteer Engagement.  When contacting Debbie please provide:

  • brief details of your reason(s) for wishing to be involved
  • in what capacity
  • a brief note of your relevant experience, including any experience which you may have of serving on an in-house ethics/professionalism
  • committee.  This is not essential but would be very helpful
  • a note of your ARN. 

All offers of support will be progressed as received and interested applicants will be put in touch with Fiona Goddard, Head of Professionalism.   Fiona will be happy to discuss this with you and take this forward from here.  She can expand on any of the roles in a conversation.

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 Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Finance and investment, General insurance, Health and care, Life insurance, Pensions, Resource and environment, Risk management
Application closing date: 29 May 2019

Students – we need your passion and ideas!

Student volunteers are one of our most valuable assets.  We are currently seeking enthusiastic and committed students from our global community who are ready to get involved to help shape the exam experience for future students.  As regional representatives, you will work with us and other forum members on future decisions or considerations in regards to exam process, structures, administration and other key aspects of the student experience.

Being a regional representative for us is one of the most impactful ways to contribute to your profession and make positive change.  We have six global forums to ensure that you can have your say, no matter where you are located.

The areas where we are currently seeking regional representatives to help us are:

  • The Americas
  • Europe (excluding the UK, Channel Islands and Ireland)*

*Students from the UK, Channel Islands and Ireland are represented by the Student Consultative Forum.

Depending on the availability and interest levels, we are prepared to establish other forums.  Please contact the Quality Team to discuss this further.

In order to be an area representative you MUST:

  • be a student member of the Institute and Faculty of Actuaries (IFoA)
  • be available in the month after the exams (May/June and October/November) when the forums will take place
  • be able to attend virtual meetings, using either phone conferencing or other digital collaborative platforms.  Face-to-face meetings may also be considered
  • have access to a computer and intranet as this role will require conducting student consultations during the period directly after exams.

This opportunity is open to all IFoA students; however, representatives will only be able to apply to represent the forum in their geographical location of work.  Please contact the Quality Team if you are not sure which forum you should join.

Please note: The IFoA is at liberty to reshape the forum at any time as needed.

View the Task and Person Specification for this role

How to apply

If you would like to be considered as a Global Student Representative please contact Debbie Atkins, Head of Engagement.  When contacting Debbie please provide:

•    brief details of your relevant skills and experience to undertake this role
•    a note of your ARN
•    a note of which global region you wish to apply for.

All expressions of interest will be considered by a selection panel, after the closing date.  The selection will be based on the information you provide to Debbie.

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 Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

For all members of the Institute and Faculty of Actuaries (IFoA) – volunteer to join the IFoA’s 400 Club and have an effective voice in shaping the future of your profession.

No matter where you are based around the globe, we encourage all members of the IFoA to volunteer to join the IFoA’s 400 Club, our online feedback group.  

Members of the 400 Club have said:

  • “I have enjoyed being a part of the 400 Club, and it has definitely opened my eyes to lots that goes on at the IFoA that I was previously unaware of, so thank you.”
  • “The 400 Club allows me to feel engaged with the IFoA.  I have a two-way connection with my professional body, and can give something back as well as keeping up to date with developments.”

Read what other members have said about volunteering for the 400 Club

To volunteer for the 400 Club you must be a member of the IFoA. 

The 400 Club helps inform Directors, Council and Management Board and is a hugely valuable source of information and feedback for the IFoA.  

Being a volunteer member of the 400 Club is not an onerous task.  You will be asked to complete up to six online surveys each year and by doing so you will help us to track progress against our strategic objectives and future plans.

View the Task and Person Specification

How to volunteer and get involved

Please contact Debbie Atkins, Head of Engagement.  When contacting Debbie please confirm you are a member of the IFoA and provide a note of your ARN.  All expressions of interest will be progressed 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 Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

We are seeking to hear from qualified IFoA members willing to take part in this service.

The Institute and Faculty of Actuaries (IFoA) is delighted to announce an 'IFoA Buddy System'.  The introduction of this new service will be facilitated by the IFoA and it aims to provide IFoA members with access to experienced (qualified) IFoA members who are willing to share their thoughts and experiences, and have a conversation, with other members, around the globe.  

We are looking for qualified actuaries who would be willing to volunteer to take part and who would like to volunteer to share some of their experience to help other members of the profession.  Our new buddy system will offer the opportunity for members to get in touch with other members if they are looking for an independent person to talk to about career choices, professional, or other issues. 

Please note: Initially we were trialling this in the general insurance, finance and investment, and risk areas.  As this trial was successful we are expanding this to all practice areas.

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

Fellow, Matthew Pearlman said: 
“Some of the most rewarding moments of my career have come from being able to help someone else move forward in their own personal journey as an actuary. I am therefore very pleased that the IFoA is setting up a new buddy system and I would encourage you to take part in this, not only to help more junior members of the profession, but also to help in your own personal development.”  

This new service will complement existing IFoA initiatives, such as:

View the details, to find out more  

If you are a qualified member of the IFoA, who is willing to take part, please contact Debbie Atkins, Head of Engagement.  When contacting Debbie 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 your email address to be displayed in the list of Buddies in the members’ area of our website.

All offers of support 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 Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

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

"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 12: 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 Debbie Atkins, Head of Engagement.  When contacting Debbie 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 Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

As part of the Institute and Faculty of Actuaries’ (IFoA’s) international strategy of proactive engagement, we speak up on relevant matters through our representation on both the International Actuarial Association (IAA) and the Actuarial Association of Europe (AAE).

IFoA members who are appointed by the IFoA to represent the IFoA in this way, do so via a range of activities which include focusing on:

  • education issues
  • professionalism
  • assisting new associations
  • technical committee work – such as looking at aspects of relevance to specific practice areas in General Insurance; Life Insurance; Pensions; Health and Care; Finance and Investment; Risk Management and Resource and Environment.
  • assisting with the administration of the IAA

These may take the form of a short term task force or working group; attendance at a specific conference; or committee membership on behalf of the IFoA.

Find out more about the IAA
Find out more about the AAE

Getting involved

If you are a qualified member of the IFoA with an international remit, or international experience, please consider expressing an interest in getting involved in future opportunities.

We are ideally seeking members with existing experience of volunteering for the IFoA, though this is desirable rather than essential.  

Occasionally a student member of the IFoA, who has extensive experience in a particular area, may also be able to offer support to one of the task forces.

How the pool works

Once appointed to the pool, your details, and information about your area of expertise and interest, will be retained by the IFoA.  When a new opportunity arises, or when a current volunteer stands down from their post, we will advertise the details to those who have indicated a relevant interest, or who have suitable experience.  At that time a detailed Task and Person Specification will explain what is involved.  Sometimes these vacancies need to be filled fairly quickly and often require specialist technical input.  In light of this requirement, and to encourage the chance for succession planning, we are keen to build up a pool of suitably qualified members who are willing to offer this ad hoc support, subject to their availability of the time. 

Expressions of interest

If, having read the above, you feel you have the relevant skills and experience and would like to offer support and find out more, please contact Debbie Atkins, Head of Engagement.  When contacting Debbie please provide the following information:

  • your name and ARN
  • a brief summary of your interest, outlining why you wish to get involved, and with which areas / topics in particular
  • an abbreviated CV highlighting your relevant experience in the area, including a note of any IFoA volunteer roles you have undertaken to date, and showing your understanding and experience of working in different countries and taking account of different cultures and working practices.

All expressions of interest will be progressed as received.  

NB:  In addition to the above, some of our members are approached directly by the IAA and AAE and as such they are asked to take up individual appointments as Officers or a Chairperson of a committee or as members of a task force or working group.  These members do so in a personal capacity.  They are not appointed to represent the views of the IFoA.  However, if such a member feels there is scope to share an aspect of their work with the IFoA and to seek input from the IFoA they are encouraged to make contact with the IFoA’s Public Affairs Manager, Michael Williams.

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 Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

The Health and Care Lifelong Learning Sub-committee is seeking to recruit a Deputy Chair.  The sub-committee are seeking to balance their membership and therefore wish to recruit members with a PMI background and/or who work for a direct insurer.

The sub-committee is principally responsible for the technical programming of the Protection, Health and Care Conference and of up to three other annual Health and Care events.  

View Task and Person Specification for Deputy Chair
View Terms of Reference

Next steps

If, having read the documents above, you would like to express an interest in volunteering to join this sub-committee, please contact Debbie Atkins, Head of Engagement.  When contacting Debbie, please provide:

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

All offers of support will be progressed 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 Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Health and care

The Lifelong Learning (Life Practice) Sub-committee is seeking to recruit up to two members to join them, who should be a Fellow or Associate member of the Institute and Faculty of Actuaries (IFoA).

The sub-committee oversees the Life Conference Sub-committee and runs up to eight one day workshops annually, alongside up to six evening CPD and networking events.  Sub-committee members will be expected to lead on the development of the programme of one or more of these annual events.

The sub-committee is committed to promoting diversity and equal opportunity.  Location is not a barrier.

View Task and Person Specification for member
View Terms of Reference

Next steps

If, having read the documents above, you would like to express an interest in volunteering to join this sub-committee, please contact Debbie Atkins, Head of Engagement.  When contacting Debbie, please provide:

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

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 Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Life insurance
Application closing date: 9 June 2019

The Institute and Faculty of Actuaries’ (IFoA’s) Life Board and Life Research Sub-committee are seeking up to ten volunteers to join a working party to investigate regulation and risk management. The board are aware that insurance regulation, both prudential and accounting, may incentivises risk management behaviours, notably in the areas of investment, hedging and reinsurance strategy, but also in diversification of business models. 

The key questions the working party will investigate are:

  • Does life insurance regulation incentivise good long-term risk management, and are there any unintended consequences?    
  • How can actuaries simultaneously optimise regulatory and economic risk measures, where conflicts arise?

Ideally, volunteers should have expertise in risk management and a good knowledge of Solvency II as it affects life insurers.  We would also be keen to include academics with research experience in these areas. 

Time commitment

This working party is intended to run for up to two years.  The volunteers on this working party will be asked to participate in one meeting a month. Meetings typically last around 60 minutes and will be by videoconference or teleconference call to allow us to widen this opportunity to all members.  It is expected that volunteers will also undertake a few hours for follow up actions between  meetings which may include undertaking research and drafting articles.

If you live or work near to one of the IFoA offices, you are welcome to make use of our facilities for the call.  Similarly, if more than one member of the working party is based close to each other, you may agree to meet up and dial in together, but there will be no requirement for volunteers to meet in one place.  Location is not a barrier.

How to get involved 

If you would like to express an interest in volunteering for this working party, please contact Debbie Atkins, Head of Engagement.  When contacting Debbie, please provide:

  • a note of whether you are applying for the role of Chair, Deputy Chair or member
  • brief details of your relevant experience 
  • your reason(s) for wishing to get involved
  • a note of your ARN, for members of the IFoA
  • for non-members, your full contact details together with 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 Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Finance and investment, Lay (non-members), Life insurance, Risk management
Application closing date: 9 June 2019

The Life Board and Life Research Sub-committee are seeking up to four additional volunteers to join a working party investigating Equity Release Mortgages.

Ideally, volunteers should have extensive expertise of equity release mortgages, in particular modelling of the no-negative equity guarantee.  Experience of using economic scenario generators to model asset classes or a good statistical background in modelling residential house prices or other asset classes would be beneficial.  

For additional information view the:

Terms of Reference document 
Equity Release Mortgages working party webpage

Time commitment

The intention is that the working party will finalise its research paper by December 2019 and is likely to close by spring/summer 2020. The volunteers on this working party will be asked to participate in short fortnightly meetings.  Meetings typically last around 30 to 60 minutes and will be by video conference/conference call to allow us to widen this opportunity to all members.  It is hoped that volunteers will also undertake a few hours a month of activity to support the research described in the terms of reference, which may also include drafting articles or sections of the research paper.

If you live or work near to one of the IFoA offices, you are welcome to make use of our facilities for the call.  Similarly, if more than one member of the working party is based close to each other, you may agree to meet up and dial in together, but there will be no requirement for volunteers to meet in one place. Location is not a barrier.

How to get involved 

If, having read the Terms of Reference document above, you would like to express an interest in volunteering for this working party, please contact Debbie Atkins, Head of Engagement.  When contacting Debbie, please provide:

  • brief details of your relevant experience 
  • your reason(s) for wishing to get involved
  • a note of your ARN, for members of the IFoA
  • for non-members, your full 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 Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Finance and investment, Lay (non-members), Life insurance
Application closing date: 29 May 2019

The Life Board and Life Research Sub-committee are seeking up to two additional volunteers to join a working party to investigate discount rates as they function under IFRS 17. 

Ideally, volunteers should have expertise in IFRS 17, particularly as it applies to the life insurance arena, and also have worked in the areas of consulting, pricing, financial reporting or investment for a number of years. 

For additional technical details, view the Terms of Reference which was created for the working party.

Time commitment

The volunteers on this working party will be asked to participate in one meeting a month.  Meetings typically last around 60 minutes and will be by conference call to allow us to widen this opportunity to all members.  It is hoped that volunteers will also undertake a few hours for follow up actions between meetings, which may include undertaking research and drafting articles.

If you live or work near to one of the IFoA offices, you are welcome to make use of our facilities for the call.  Similarly, if more than one member of the working party is based close to each other, you may agree to meet up and dial in together, but there will be no requirement for volunteers to meet in one place.  Location is not a barrier.

How to get involved 

If, having read the document above, you would like to express an interest in volunteering for this working party, please contact Debbie Atkins, Head of Engagement.  When contacting Debbie, 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, your full 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 Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Lay (non-members), Life insurance
Application closing date: 9 June 2019

The Life Board and Life Research Sub-committee are seeking up to ten volunteers to join a working party to investigate long terms guarantees on pensions, savings, protection and annuity products.  The two key questions to be answered are:

  • Do long term insurance guarantees have a future in the UK? 
  • What could be done to make them more affordable and attractive?

Additional areas to research include:

  • Can these products be simplified to ensure that the customer understands the features/risks?
  • Is there consumer confidence/a market for these products following Equitable Life and mis-selling of endowment mortgages?
  • How viable are these products in a low interest environment?
  • What new products and features could be developed to meet any need?
  • Are there any limitations imposed by current capital requirements that would require to be overcome?

Ideally, volunteers should have a strong interest and/or background in products offering long term guarantees.  This could include those with expertise in protection, longevity, risk, capital management and investments, pension products or with-profits products.

Time commitment

The intention is that the working party would run for 12 months.  The volunteers on this working party will be asked to participate in one meeting a month.  Meetings typically last around 60 minutes and will be by video conference/conference call to allow us to widen this opportunity to all members.  It is hoped that volunteers will also undertake a few hours for follow up actions between meetings which may include undertaking research and drafting articles.

If you live or work near to one of the IFoA offices, you are welcome to make use of our facilities for the call.  Similarly, if more than one member of the working party is based close to each other, you may agree to meet up and dial in together, but there will be no requirement for volunteers to meet in one place.  Location is not a barrier.

How to get involved 

If you would like to express an interest in volunteering for this working party, please contact Debbie Atkins, Head of Engagement.  When contacting Debbie, 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, your full contact details and a brief CV 
  • an indication of whether you are applying as Chair, Deputy Chair or member.

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 Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Finance and investment, Lay (non-members), Life insurance, Pensions, Risk management
Application closing date: 30 May 2019

Up to two volunteers are sought to join the Institute and Faculty of Actuaries’ (IFoA’s) Life Office Taxation Working Party in the role of member.

Working party objective/aims:

  • identify and advise on new developments in the field of taxation of life assurance companies and the policies that life assurance companies issue
  • support the working party in their consideration of implications for members of the actuarial profession in their work within the life assurance field
  • support the working party in any drafting of responses to HMT or HMRC consultations
  • support the working party in any communications with members of the IFoA either through presentations, articles for publication, etc.

Area of expertise

The working party is looking for a member of the IFoA who has an interest and/or experience in the area of tax for life assurance companies.  This includes how the tax rules in the UK impact on the design and management of life assurance products.  Experience in relation to the taxation of insurance policies, VAT and other aspects of tax that affect life assurance companies and their products would also be helpful.

Time commitment

Participation in this working party will be by conference call to allow us to widen this opportunity to all members.  Meetings are generally held monthly by conference call.  The duration of the meeting varies according to the agenda but will normally not exceed one hour.

There is also likely to be a need to support drafting of communications from time to time.

Getting involved

If you are interested in volunteering for this working party, please contact Debbie Atkins, Head of Engagement, to register your interest.  When contacting Debbie, please provide:

  • your reasons for wishing to become involved
  • a note of your ARN
  • your contact details
  • a brief CV. 

After the closing date, all expressions of interest will be considered by the selection panel.  The selection process will aim to be concluded within four weeks of the closing date, and 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 Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Life insurance

The Institute and Faculty of Actuaries (IFoA) is seeking to appoint additional experienced, proactive and innovative volunteers to join the Finance and Investment Lifelong Learning Sub-committee to help shape and drive forward the Finance and Investment practice area for the future.
 
View Task and Person Specification
View Terms of Reference
 
How to get involved

If, having read the above documents, you would like to express an interest or find out more, please contact Debbie Atkins, Head of Engagement.  When contacting Debbie, please provide:

  • details of your relevant skills and experience
  • a note of your ARN, if you are a member of the IFoA
  • for non-members, your contact details and a brief CV.

All expressions of interest will be progressed as received, and considered by the Chair of this sub-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 Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Finance and investment, Lay (non-members)
Application closing date: 27 May 2019

The Institute and Faculty of Actuaries’ (IFoA’s) Finance & Investment Research Sub-committee are seeking expressions of interest to join this new working party.  Lay members (i.e. non IFoA members) are also welcome.

Background 

Most defined benefit pension schemes are closed to accrual and new entrants.  Liability profiles are maturing and schemes are becoming more cash flow negative.  The risk and return dynamics of an investment strategy changes as cash flow needs increases.  A cash flow driven investment strategy can be defined as the optimal investment strategy for a scheme, taking into account the need to pay benefits, generate investment returns and control risk.

Working party objectives:

  • to be a source of knowledge and expertise within the IFoA on CDI investment strategies for DB pension funds 
  • to publish at least one paper/presentation which sets out the key characteristic of CDI investment strategies and their construction  
  • review CDI approaches and asset classes used to build these investment strategies 
  • will consider how the cash flow objective can be defined (e.g. using benchmark credit indices or projected cash flow values); the impact of sponsor covenant; the impact of pension funds wanting to have an investment strategy which is compatible with an insurance end game objective and how this would affect the illiquidity appetite and how CDI investment strategies fit into the risk management framework.

The findings and results will be presented to the wider actuarial community via presentations at IFoA events, industry conference and articles in the Actuary Magazine. 

Time commitment

Volunteers will be asked to participate in approximately six to eight meetings per year which will be by conference call to allow us to widen this opportunity to all members.  These will be held every four to six weeks and last between 60-90 minutes.  It is anticipated that volunteers will be expected to undertake research and follow up actions between meetings.

If you live or work near to one of the IFoA offices, you are welcome to make use of our facilities for the call.  Similarly, if more than one member of the working party is based close to each other, you may agree to meet up and dial in together, but there will be no requirement for volunteers to meet in one place.

How to get involved

If you would like to express an interest in joining this working party please contact Debbie Atkins, Head of Engagement.  When contacting Debbie please provide:

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

All expressions of interest will be followed up by a member(s) of the Finance and Investment Research Sub-committee and relevant Executive staff, after the closing date.

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 Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Finance and investment
Application closing date: 22 May 2019

The Institute and Faculty of Actuaries’ (IFoA’s) Finance and Investment Research Sub-committee is seeking expressions of interest from members interested in joining this new cross practice working party.  Lay members (i.e. non IFoA members) are also welcome to join. 

We recommend a working party of ten members of the actuarial profession working within life insurance, pensions and investment to undertake this research.

Background 

There have previously been two successful IFoA working parties exploring the development of the private credit market covered under the Life Insurance and Finance and Investment Boards.

The key outputs of these working parties were:

  • observations of industry practice, designed to provoke ideas for best practice amongst insurers
  • an ‘encyclopaedia’ of private credit, considering a number of different asset classes and their application to insurers and pension schemes.

Investment in private credit continues to increase across the insurance market and within pension schemes.  As such, this new working party is expected to pick up where these working parties left off and fill in some of the gaps.

Objectives:

  • review current literature, particularly focusing on the analysis already performed by the previous working parties, to ensure that the gaps suggested in this Terms of Reference are appropriate and to ensure that current research into the gaps is taken into account
  • analyse gaps in current research and agree areas of research to be taken forward
  • respond to consultation papers from regulators and from government bodies.  Whilst we expect to liaise most closely with UK and European bodies, it may be helpful to consult or consider guidance from other regulators (e.g. BMA)
  • provoke thought leadership and innovation within the industry through presentations and forums to gain wider input.

Time commitment

Meetings will be by conference call to allow us to widen this opportunity to all members.  Conference calls will be arranged at a mutually convenient time for all involved.  If you live or work near to one of the IFoA offices, you are welcome to make use of our facilities for the call. Similarly, if more than one member of the working party is based close to each other, you may agree to meet up and dial in together, but there will be no requirement for volunteers to meet in one place.

How to get involved

If you would like to express an interest in joining this working party please contact Debbie Atkins, Head of Engagement.  When contacting Debbie please provide:

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

All expressions of interest will be followed up by a member(s) of the Finance and Investment Research Sub-committee and relevant IFoA Executive staff, after the closing date.

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 Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Finance and investment, Life insurance, Pensions
Application closing date: 22 May 2019

The Institute and Faculty of Actuaries’ (IFoA’s) Finance and Investment Research Sub-committee is seeking expressions of interest from members interested in joining this new working party.  Lay members (i.e. non IFoA members) are also welcome to join.

Background 

Prior to pension freedoms virtually all retirees, with a defined contribution (DC) pension, used their savings to buy annuities to provide themselves with a retirement income.  Only a small number of wealthy (often financially sophisticated) retirees used income drawdown.  There were rules governing the amount of income that could be taken, a requirement for regular reviews, and access to advisers.  Capped drawdown, as it is now known, ceased for new retirees after April 2015.  Drawdown has now become the most popular option for accessing pension savings with nearly three times as many new drawdown accounts being set up than annuities purchased since October 2015.

A consequence of the sudden way in which pension freedoms were announced in the 2014 Budget and introduced in 2015 is that a supporting regulatory environment was not in place and remains, for the most part, inadequate for the challenges consumers now face when making potentially life changing financial decisions.

Objectives

This working party is being established to act as a source of knowledge and expertise within the IFoA on drawdown.  It will:

  • initiate proposals and respond to consultations on regulatory change
  • review existing strategies for managing drawdown for income and the tools currently available
  • recommend best practices for: 
    • managing income drawdown 
    • considering the option and timing of annuity purchase
    • consumer communications 
  • publish papers/presentations covering current practice and working party’s recommendations.  It is hoped that the first paper or presentation will be released by the end of October 2019
  • present findings and results at IFoA and industry conferences.

Time commitment

Meetings will be by conference call to allow us to widen this opportunity to all members.  Conference calls will be arranged at a mutually convenient time for all involved.  If you live or work near to one of the IFoA offices, you are welcome to make use of our facilities for the call.  Similarly, if more than one member of the working party is based close to each other, you may agree to meet up and dial in together, but there will be no requirement for volunteers to meet in one place.

How to get involved

If you would like to express an interest in joining this working party please contact Debbie Atkins, Head of Engagement.  When contacting Debbie please provide:

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

All expressions of interest will be followed up by a member(s) of the Finance and Investment Research Sub-committee and relevant IFoA Executive staff, after the closing date.

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 Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Finance and investment, Lay (non-members), Pensions
Application closing date: 30 May 2019

The Institute and Faculty of Actuaries (IFoA) is seeking to appoint an experienced, proactive and innovative volunteer to join the Pensions Research Sub-committee as Chair. The successful applicant will contribute to shaping the research in the Pension area, and work directly with the Pension Board and other committees to identify and facilitate cross practice research.  

This role involves identifying, promoting and fostering research opportunities; providing guidance and supporting the progress and needs of member-led working parties, including ensuring timely and relevant outputs.  In addition to this, taking responsibility to shadow at least one working party.

The sub-committee is committed to promoting diversity and equal opportunity.  Location is not a barrier.

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

View Task and Person Specification for Chair
View Task and Person Specification for members
View Terms of Reference for this sub-committee

Next steps

If, having read the documents above, you would like to express an interest in volunteering for this role, please contact Debbie Atkins, Head of Engagement.  When contacting Debbie, please provide:

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

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 Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Pensions

The Institute and Faculty of Actuaries (IFoA) is seeking to appoint experienced, proactive and innovative volunteers to join the Research Sub-committee of the Pensions Board and help develop the Pensions research programme at the IFoA.  This sub-committee helps shape and drive forward research in the Pensions practice area in line with the IFoA’s policy priority themes for the future.

If, having read these documents, you would like to express an interest in this role, please contact Debbie Atkins, Head of Engagement.  When contacting Debbie 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 and a member of the Executive staff.

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 Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Pensions
Application closing date: 30 May 2019

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 managing the current Pensions Education, CPD and Conference programme as well as shaping the future provision of Pensions CPD provided by the IFoA.  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.  

We encourage applications from a diverse range of potential candidates, in terms of but not exclusively gender, age, disability and ethnicity as well as reflecting to geographical spread of our membership.  Applications are particularly welcome from the female members and from the members based outside the UK who are currently under-represented.  

A copy of the Task and Person Specification for the role of Chair is available should a potential volunteer wish to view it.

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

The Pensions Life Long Learning Sub-committee is currently responsible for organising the Annual Pension’s Conference and other Pension events providing CPD to over 1,000 Pensions actuaries.  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.

How to offer support

If, having read the above documents, you would like to express an interest or find out more, please contact Debbie Atkins, Head of Engagement.  When contacting Debbie please provide:

  • details of your relevant skills and experience
  • a note of what you feel you can bring to this role
  • a note of your ARN.

All expressions of interest will be considered by a selection panel including the Chair of the Pensions Board and the Pensions Communities Manager.

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 Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Pensions

The Pensions Lifelong Learning Sub-committee is looking to appoint new members.  In particular, we are interested in applications from members to help ensure that we cover a varied and appropriate range of topics in our CPD Programme and Annual Pensions Conference.

This sub-committee plays an important and highly active role in shaping the content provided in the Institute and Faculty of Actuaries' (IFoA's) Pensions CPD events and education.  They seek to ensure the events include a good mix of professionalism, current issues, and hot topics.  The tasks involved include:

  • creating and developing an excellent and varied pensions CPD events programme
  • content for Pensions Conference
  • identifying topics and potential speakers for specific events
  • listening to members’ feedback.

View Task and Person Specification

View the Terms of Reference

Skills and experience 

If you are a member of the IFoA, and have an enthusiasm for lifelong learning and planning CPD events, we would like to hear from you.  We are ideally looking for volunteers who have:

  • an awareness of current issues in pensions
  • an ability to come up with ideas and to identify hot topics
  • a willingness to pro-actively help organise and chair one event per year (this includes making contact with the potential speakers and securing their support)
  • a desire to develop CPD online and explore new delivery methods would also be an advantage but is not essential
  • experience of organising training events is also desirable but not essential.

 In order to broaden the expertise on the sub-committee, we are particularly interested in hearing from individuals who currently work within the public sector.

Time commitment

The time commitment would be one hour meetings every quarter, from September through to July, plus approximately another hour per month (more when managing a specific event) for follow up emails/calls etc.  Meetings will be by conference call to allow us to widen this opportunity to all members, and do not require members to attend in person.

Calls will be arranged at a mutually convenient time for all involved.  If you live or work near to one of the IFoA offices, you are welcome to make use of our facilities for the call.  Similarly, if more than one member of the working party is based close to each other, you may agree to meet up and dial in together, but there will be no requirement for volunteers to meet in one place.

How to volunteer 

If you would like to volunteer, or find out more, please contact Debbie Atkins, Head of Engagement.  When contacting Debbie, please give brief details of your relevant experience and your reason for wishing to be involved.  A note of your ARN would also be helpful.

Offers of support will be progressed 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 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 Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Pensions

The Institute and Faculty of Actuaries is seeking proactive and experienced volunteers to join the General Insurance (GI) Education Team. This is your opportunity to help the profession by developing syllabus materials for the next generation of actuaries.

The GI Education Team will support the GI Module Lead in reviewing and developing the GI syllabus, core reading and assessment material. They will ensure the module is kept current, relevant and innovative in its thinking. Team members will be asked to carry out their responsibilities in a proper and impartial manner, in accordance with IFoA governance.

We are looking for volunteers with experience of all areas of general insurance including pricing, reserving and capital modelling.

Time Commitment
The expected time commitment is 20-30 hours per year.

The IFoA syllabus is updated annually and signed off by the Education Committee (which reports to the Lifelong Learning Board) in January for the following year with the module content prepared for publishing in June each year. Assessment materials are all signed off by the end of February for that year. Volunteers will be required to attend regular module review meetings (attendance can be via phone or video conference) and undertake actions, including reviewing and writing relevant material.
 

How to volunteer
If you would like to express an interest in joining the GI Module Team please contact Debbie Atkins, Head of Engagement.  When contacting Debbie, 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 CV and 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 Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: General insurance, Lay (non-members)
Application closing date: 27 June 2019

IFRS 17 Standard for Insurance Contracts is expected to be effective from 1 January 2022.  The new Standard will apply to all insurers that have IFRS reporting requirements and will mean potentially significant changes for all general insurers falling in this category.  The impact of IFRS 17 will be far reaching from data needs to modelling requirements, all the way through to financial reporting.

The IFRS 17 Working Party is currently seeking to appoint an additional member to join them to fulfil the volunteer role of minute taker for the group.  The successful candidate will participate in the monthly working party meetings, minute the discussions and actions and circulate these round the group.  They will also be asked to summarise key discussions at meetings and events in order to produce draft form outputs to be used for blogs, articles and make preliminary notes for final report outputs.

This role is ideally suited to a member of the Institute and Faculty of Actuaries (IFoA) (qualified or student member) who has a general insurance background.  This is an excellent opportunity to work closely with the Chair and to support this working party.  It also offers the opportunity to gain experience of being involved in a working party, to network with the existing members, and to increase your knowledge and experience in this area.  It is therefore a great opportunity for those new to working parties or new to IFRS17.

Time commitment   

This volunteer will typically be expected to commit two to four hours per month.  This includes participation at a monthly meeting, and follow up actions.  The monthly meetings will be by conference call to allow us to widen this opportunity to all members.  Conference calls will be arranged at a mutually convenient time for all involved.  

If you live or work near to one of the IFoA offices, you are welcome to make use of our facilities for the call.  Similarly, if more than one member of the working party is based close to each other, you may agree to meet up and dial in together, but there will be no requirement for volunteers to meet in one place.

How to get involved 

If you would like to express an interest in joining this working party, and taking on this role, please contact Debbie Atkins, Head of Engagement. When contacting Debbie please provide:

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

All expressions of interest will be followed up after the closing date.

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 Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: General insurance
Application closing date: 20 May 2019

The Chair of the UK Asbestos Working Party, Robert Brooks, is seeking to recruit additional members to assist in the production of a new insurance market estimate.

The working party was re-established in 2008 with objectives to assist actuaries in reserving for asbestos-related liabilities.  In January 2010, it released its estimates of the future cost of UK asbestos-related claims to the insurance industry.  Since the 2009 insurance market estimate, the working party has been monitoring the experience of asbestos-related claims and mesothelioma deaths.  It has now decided that its insurance market estimate should be updated to take into account the last five years of experience.

Individuals with experience of asbestos reserving are encouraged to volunteer to join this working party and get involved.  Applications are welcome from both members of the Institute and Faculty of Actuaries (IFoA) and non-members.

We are particularly keen to hear from anyone involved in GI reserving with a passion for qualitative reserve risk.

Time commitment

It is estimated that volunteers will be asked to devote two days per month to the research, developing models and writing up findings for this working party.  Included in this, volunteers will be expected to attend (or dial in) to the monthly or quarterly meetings (depending on the reporting cycle of the working party).

If you live or work near to one of the IFoA offices, you are welcome to make use of our facilities for the call.  Similarly, if more than one member of the working party is based close to each other, you may agree to meet up and dial in together, but there will be no requirement for volunteers to meet in one place.

How to get involved

If you would like to offer your support and volunteer to be considered for this working party, please contact Debbie Atkins, Head of Engagement.   When contacting Debbie, please provide the following information:

  • your relevant experience and interest in the topic
  • your reasons for wishing to get involved
  • any suggestions you may have
  • 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.

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 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 Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: General insurance, Lay (non-members)

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

Approximately one day per month made up of attendance at a monthly meeting by conference call lasting approximately one and a half hours and 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 Debbie Atkins, Head of Engagement.  When contacting Debbie 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 applicable), or  non-members who meet the above criteria can volunteer by providing 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’ webpages before offering to provide support.

 

Contact Details

If you have enquiries about volunteering please contact Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: General insurance, Lay (non-members)

The Principal Examiner role is appointed by the IFoA, under authority of CAA Global, to maintain the education and qualification standards of the Certified Actuarial Analyst (CAA) modules.  This is a senior appointment and applicants must be able to show interest in education and understanding of the CAA Global curriculum, assessment processes and procedures.

The exams for Module 2 have been developed in conjunction with Pearson VUE, a leading provider of Computer-Based Assessments world-wide.  The exams consist of multiple choice questions which have been prepared by a team of question setters.  During development these questions undergo a two stage review process which is carried out by the module’s Principal and Assistant Examiner.  Item banks are reviewed bi-annually in line with examination sessions.

If you would like to be part of a collaborative team, and have an opportunity to gain in knowledge in the education and exam area, please look at the Task and Person Specification for full details of the role.

How to apply

If you would like to register your interest please contact educationrecruitment@actuaries.org.uk  providing the following:

  • a note of your ARN, if you are a member of the IFoA
  • your full contact details, if you are a non-member
  • brief details of your relevant skills and experience to undertake this role or a CV showing this information.

This is one of the IFoA’s paid positions and a fee will be paid in return for this support. 

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 Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Education, Lay (non-members)

The Institute and Faculty of Actuaries’ (IFoA’s) Engagement and Learning Directorate are seeking to hear from applicants who would like to be considered for the role of Module Lead for Actuarial Statistics (CS1 and CS2), a new role for the new curriculum.  This is a senior appointment and applicants must be able to show an understanding and interest in education at post graduate level.

View the Task and Person Specification for this role

How to apply

If you would like to register your interest in this role, please contact the Quality team.  When contacting the Quality team please provide the following information:

For qualified members of the IFoA:

  • a note of your ARN, and confirmation that you are a Fellow or an Associate member
  • a note of the subjects you would like to mark
  • brief details of your relevant skills and experience to undertake this role or a CV showing this information.

For suitably qualified academics or individuals with suitable sector experience who are not members of the IFoA:

  • a note of your name and full contact details, including postal address
  • a copy of your CV
  • a note of the subjects you would like to mark
  • brief details of your relevant skills and experience to undertake this role.

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

These roles play a key part in the marking of our examinations, and therefore student members of the IFoA or other Actuarial Associations will not be considered for these positions. Once qualified as an Associate or Fellow then your application can be considered and we would love to hear from you.

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 Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Education, Lay (non-members)

The Institute and Faculty of Actuaries’ (IFoA’s) Engagement and Learning Directorate are seeking to hear from applicants who would like to be considered for the role of Module Lead for Health and Care SP1 and SA1, a new role for the new curriculum.  This is a senior appointment and applicants must be able to show an understanding and interest in education at post graduate level.

View the Task and Person Specification for this role

How to apply

If you would like to register your interest in this role, please contact the Quality team.  When contacting the Quality team please provide the following information:

For qualified members of the IFoA:

  • a note of your ARN, and confirmation that you are a Fellow or an Associate member
  • a note of the subjects you would like to mark
  • brief details of your relevant skills and experience to undertake this role or a CV showing this information.

For suitably qualified academics or individuals with suitable sector experience who are not members of the IFoA:

  • a note of your name and full contact details, including postal address
  • a copy of your CV
  • a note of the subjects you would like to mark
  • brief details of your relevant skills and experience to undertake this role.

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

These roles play a key part in the marking of our examinations, and therefore student members of the IFoA or other Actuarial Associations will not be considered for these positions. Once qualified as an Associate or Fellow then your application can be considered and we would love to hear from you.

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 Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Education, Lay (non-members), Life insurance
Application closing date: 4 June 2019

Periodical Payment 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 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 one proactive volunteer to lead the investment work stream.  This role is suited to both members and non-members who have a background in the investment area either from a general insurance, pensions or investment bank perspective. The successful candidate would be expected to drive a work stream and maintain the momentum of a working group comprising members from a variety of international locations. 

The investment work stream would be expected to produce a written report of the findings of their work and present at industry events as appropriate.

Time commitment

Volunteers will typically be expected to commit six to seven hours per month.  This includes participation at a monthly meeting which will be by conference call to allow us to widen this opportunity to all members.  Conference calls will be arranged at a mutually convenient time for all involved.  If you live or work near to one of the IFoA offices, you are welcome to make use of our facilities for the call.

Similarly, if more than one member of the working party is based close to each other, you may agree to meet up and dial in together, but there will be no requirement for volunteers to meet in one place.

How to get involved

If you would like to be considered as a volunteer for this working party, please contact Debbie Atkins, Head of Engagement.  When contacting Debbie please provide:

  • brief details of your relevant experience
  • an indication of your reasons for wishing to be involved 
  • a note of your ARN, if you are a member of the IFoA
  • for non-members, your full 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 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 Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Finance and investment, General insurance, Lay (non-members), Pensions

The Institute and Faculty of Actuaries’ (IFoA’s) Engagement and Learning Directorate is seeking to hear from suitably qualified individuals who would like to be considered for the role of Specialist Applications Examiner (SA0): Pricing Models for Cyber Insurance.

SA0 Examiners are appointed by the IFoA to assist in the process of examining the dissertation submitted by the student.

The post holder will need to have knowledge around the specialist area chosen (Pricing Models for Cyber Insurance).

This is an exciting opportunity for members to be involved in the growth of actuarial research.  We are particularly interested to hear from our suitably qualified overseas members.

More details about the role will be found in the Task and Person Specification.

How to apply

If you would like to apply for this role, please contact the Quality team.  When contacting the Quality team please provide:

  • your ARN (if applicable)
  • your membership status (if applicable) 
  • for non-members, please outline your relevant experience
  • confirmation of your availability over summer 2019. 

This is a remunerated role and a fee will be paid.  Details of the role are contained in the Task and Person Specification.  Information regarding the fee for the role will be made available on request.

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 Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Education, Lay (non-members)

Applications will be progressed as received

The Institute and Faculty of Actuaries’ (IFoA’s) Engagement and Learning Directorate is seeking to hear from Fellows and Honorary Fellows who would like to be considered for the role of Specialist Applications Examiner (SA0).

SA0 Examiners are appointed by the IFoA to assist in the process of examining the dissertation submitted by the student.

The post holder will need to have knowledge around the specialist area chosen (Modelling Equity Release Business in a UK Life Insurance Company with Focus on ESG Models used)

This is an exciting opportunity for members to be involved in the growth of actuarial research.  We are particularly interested to hear from our suitably qualified overseas members.

More details about the role will be found in the Task and Person specification.

How to apply

If you would like to apply to become an SA0 examiner contact the Quality Team.  When contacting the Quality Team please provide:

  • your ARN
  • your membership status (if appropriate).
  • For non-members, please outline your relevant experience
  • Confirmation of your availability during late September/early October 2018

This is a remunerated role and a fee will be paid.  Details of the role are contained in the Task and Person Specification.  Information regarding the fee for the role will be made available on request.

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 Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Education, Lay (non-members)

The Institute and Faculty of Actuaries (IFoA) is seeking to appoint appropriately experienced individuals to support the delivery of assessment setting and marking of the following subjects of the IFoA qualification.

  • CM2 (CT8) - Financial Engineering and Loss Reserving
  • SP1 (ST1) - Health and Care Principles
  • SP6 (ST6) - Financial Derivatives Principles
  • SA1 - Health and Care Applications

We encourage applications from a diverse range of potential candidates, in terms of, but not exclusively gender, age, disability and ethnicity, as well as reflecting the geographical spread and practice areas of our membership. 

This is an exciting opportunity to be involved in Education and to work as part of a collaborative team to maintain the rigor of the IFoA qualification.  The role is to assist with the setting and marking of examinations from 2019 onwards and is a senior position supporting the Chief Examiner.  It is suitable for appropriately experienced individuals, regardless of their location.

If you would like to be part of a collaborative team, with the prospect to diversify and expand your knowledge of the education and exam area, please review the Task and Person Specification.

How to apply

If you would like to register your interest in this role, please contact the Quality team.  When contacting the Quality team please provide the following information:

For qualified members of the IFoA:

  • a note of your ARN, and confirmation that you are a Fellow or an Associate member
  • a note of the relevant subject
  • details of your relevant skills and experience to undertake this role or a CV showing this information.

For suitably qualified academics or individuals with suitable sector experience who are not members of the IFoA:

  • a note of your name and full contact details, including postal address
  • a copy of your CV
  • a note of the relevant subject
  • details of your relevant skills and experience to undertake this role.

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

These roles play a key part in the marking of our examinations, and therefore student members of the IFoA or other Actuarial Associations will not be considered for these positions. Once qualified as an Associate or Fellow then your application can be considered and we would love to hear from you.

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 Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Education, Finance and investment, General insurance, Health and care, Lay (non-members), Life insurance, Pensions, Risk management

The Institute and Faculty of Actuaries’ (IFoA’s) Engagement and Learning Directorate are seeking to hear from applicants who would like to be considered for the role of Chief Examiner Actuarial Statistics - Risk Modelling and Survival Analysis, a new role for the new curriculum.  This is a senior appointment and applicants must be able to show an understanding and interest in education at post graduate level.

View the Task and Person Specification for this role

How to apply

If you would like to register your interest in this role, please contact the Quality team.  When contacting the Quality team please provide the following information:

For qualified members of the IFoA:

  • a note of your ARN, and confirmation that you are a Fellow or an Associate member
  • a note of the subjects you would like to mark
  • brief details of your relevant skills and experience to undertake this role or a CV showing this information.

For suitably qualified academics or individuals with suitable sector experience who are not members of the IFoA:

  • a note of your name and full contact details, including postal address
  • a copy of your CV
  • a note of the subjects you would like to mark
  • brief details of your relevant skills and experience to undertake this role.

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

These roles play a key part in the marking of our examinations, and therefore student members of the IFoA or other Actuarial Associations will not be considered for these positions. Once qualified as an Associate or Fellow then your application can be considered and we would love to hear from you.

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 Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Education, Lay (non-members), Risk management

The Institute and Faculty of Actuaries’ (IFoA’s) Engagement and Learning Directorate are seeking to hear from applicants who would like to be considered for the role of Chief Examiner, Specialist Principles - Health and Care, a new role for the new curriculum.  This is a senior appointment and applicants must be able to show an understanding and interest in education at post graduate level.

View the Task and Person Specification for this role

How to apply

If you would like to register your interest in this role, please contact the Quality team.  When contacting the Quality team please provide the following information:

For qualified members of the IFoA:

  • a note of your ARN, and confirmation that you are a Fellow or an Associate member
  • a note of the subjects you would like to mark
  • brief details of your relevant skills and experience to undertake this role or a CV showing this information.

For suitably qualified academics or individuals with suitable sector experience who are not members of the IFoA:

  • a note of your name and full contact details, including postal address
  • a copy of your CV
  • a note of the subjects you would like to mark
  • brief details of your relevant skills and experience to undertake this role.

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

These roles play a key part in the marking of our examinations, and therefore student members of the IFoA or other Actuarial Associations will not be considered for these positions. Once qualified as an Associate or Fellow then your application can be considered and we would love to hear from you.

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 Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Education, Health and care, Lay (non-members)

Independent Examiners are appointed by the Institute and Faculty of Actuaries (IFoA) to assist in monitoring the quality and standards of university programmes with IFoA exemption agreements.

They play a vital role in ensuring that the exemption recommendation process runs smoothly and make a positive impact on maintaining and developing university programmes which have agreements with the IFoA.

This enables us to demonstrate to the Financial Reporting Council Conduct Committee as well as other stakeholders and customers, that the quality and standards of alternative routes to Qualification are equivalent to the Profession’s exams.

This is a senior role with a high level of responsibility and as such we take considerable care in the selection process.

We are seeking to hear from Fellows, Associates and Honorary Fellows who have:

  • experience in actuarial practice and/or are involved in teaching actuarial science programmes
  • relevant experience in setting and marking the IFoA’s exams, or equivalent university programme or professional qualification exams
  • a good working knowledge of the IFoA’s current exam syllabus and structure and awareness of the latest developments.

It is important to us to have the right balance of practitioners and academics each year and therefore we are keen to build up a good bank of support upon which we can draw.

View the volunteer experience from one of our Independent Examiner’s

View the Task and Person Specification for this role

How to apply

If you would like to be considered as an Independent Examiner, please review the Task and Person Specification then email your expression of interest to the Quality team.

When contacting the Quality team, please state your ARN and provide responses to the following: 

  • highlight your relevant experience, in actuarial practice and/or academia, and provide an indication of your experience in setting and marking the IFoA’s exams, or equivalent
  • give brief details of what you see as the greatest strengths and values of the IFoA’s exam syllabus and structure that should be represented in the Accredited Programme.  Include your perception of the latest developments.

All expressions of interest will be considered by the Education Committee at their first meeting after the offer of support has been received.

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

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 Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Education

Inspire the next generation to consider an actuarial career.

The Institute and Faculty of Actuaries (IFoA) is looking for members who want to promote an actuarial career to enthusiastic young people.

If you want the opportunity to get out into your community or to visit a university and help guide the next generation in a fulfilling and diverse career, as an actuary, then this is the volunteer vacancy for you.

A Career Ambassador is a rewarding opportunity, which can take you to all sorts of interesting places.  We are seeking volunteers to speak at schools, colleges and universities about an actuarial career.  The IFoA attends over 15 career fairs and talks annually and Career Ambassadors help represent the IFoA and the industry as a whole at these events.

How it works

Once confirmed, you will be added to a bank of names of Career Ambassadors.  You will then, as opportunities arise, be sent an email by the Careers Team.  These opportunities might be invitations to attend a careers fair, or to give an A-level student a call to explain to him or her what an actuary does.

We also hope you will pro-actively look for opportunities in your area.  When you identify an opportunity we ask you to let our Career team know, so we can provide you with up to date material to support your talk.

To volunteer to act as a Career Ambassador you should either be a qualified actuary or a student member in employment working towards your qualification.  You need to be confident enough to be able to talk about your route into the profession and your current role.  You should also be in a position to know a bit about the current exams, how the profession works and what we do.

There is a helpful booklet which, amongst other things, answers the following frequently asked questions:

  • who can apply?
  • how does this work?
  • what can you get involved in?
  • responding to requests.

View the IFoA’s Career Ambassador booklet

If you meet the above criteria and would like to volunteer in this way, please contact Debbie Atkins, Head of Engagement.  When contacting Debbie, please confirm that you are a qualified member, or a student member currently in employment, and provide a note of your location.  A note of your ARN would also be helpful.

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 Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Education

If you would like to volunteer to deliver a talk at a Regional Society event, please contact Debbie Atkins, Head of Engagement.

When contacting Debbie, please provide brief details of the topic and content of your proposed talk and a note of the geographical location(s) which might be of interest to you.  A note of your ARN, if applicable, would also be helpful.

View full details of our current regional actuarial activities.

In addition, details of how to recommend a speaker, or to volunteer to be considered as a speaker, at one of the future IFoA events or residential conferences, can be found here.

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 Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Lay (non-members)

This is an opportunity to support the quality assurance of the IFoA’s research outputs.

Background

As a Learned Society, the Institute and Faculty of Actuaries (IFoA) has an active research agenda through volunteer working parties and commissioned research projects, primarily under the remit of the seven Practice Boards or the Research and Thought Leadership Committee (RTLC).  Research topics include all practice areas, as well as emerging themes for the actuarial profession. 

All IFoA research seeks to be open access, thus freely available to a variety of audiences worldwide.  Therefore, it is important that research outputs are of the highest quality.

Research outputs typically include sessional meeting papers, other published research papers, conference presentations and also journal articles.  Dissemination can be through sessional meetings, conferences and other events; journals and publications, including the British Actuarial Journal and Annals of Actuarial Science; the IFoA website and external channels.

This volunteer role

The IFoA is seeking to build up a pool of volunteers who have an interest in research and are in a position to review research outputs on an ad hoc basis.  The volunteers will form a virtual group know as the Research Peer Review Pool.

View the Task and Person Specification

How to volunteer

If you are interested in becoming a member of the Research Peer Review Pool please contact Debbie Atkins, Head of Engagement.  When contacting Debbie please provide details of your expertise and interests, and a note of your ARN.  All offers of support will be progressed as received and will be followed up by the Research Programmes Manager.  

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 Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

City & Guilds is the leading Apprentice Assessment Organisation in the UK and are now recruiting Assessors in the Actuarial Level 4 Standard.  The Institute and Faculty of Actuaries (IFoA) is delighted to promote this opportunity to our qualified members. 

Full details, including an application form, can be found on the City & Guilds website and a summary is noted below.

If you are a qualified member of the IFoA please consider expressing an interest in this City & Guilds role.

Background

City & Guilds have been successful in applying to the Skills Funding Agency for 17 standards, one of which is the Actuarial Level 4 Standard.
Apprenticeships benefit employers and individuals, and by boosting the skills of the workforce they help to improve economic productivity. Apprenticeship reforms will support an increase in the quality of apprenticeships so that more individuals have the chance to pursue a successful career – whether this is their first step on the employment ladder or progression within a current employer or sector.

The role of the Assessor

Successful candidates will become an Independent End-point Assessor for City & Guilds Independent End Point Assessment Service, in the Investment Industry area.

As an Independent End-point Assessor, you will be the key person in the decision making process of apprenticeship outcomes.  The primary focus of this role is to liaise with the relevant organisations / employers; planning and carrying out assessment activities; and ensuring consistency of grading decisions.  You will also have the opportunity to share and interpret your decisions as part of standardisation meetings which will be run by a Lead Independent Assessor for internal training and moderation purposes.  Having gained expertise and credibility through your work in the industry, you will have the chance to be part of a team looking to develop the Investment Industry professionals of the future.

Applications

If interested, please follow the link below and email your application form to: independentendassessor@cityandguilds.com

View full details on the City & Guilds website 

 

Contact Details

If you have enquiries about volunteering please contact Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

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. We are currently running schemes in two primary schools - one in Tower Hamlets in London, and one in Dorking in Surrey - and we are likely to be setting one up in Hertfordshire in 2019.

Each scheme comprises six sessions across the Summer and Autumn terms. Four of the sessions are conducted in the classroom at the school and one at the Bank of England. The final session is a Dragon’s Den style event hosted at local offices. Each session lasts up to 2 hours. Ideally volunteers would be able to attend more than one of these sessions to help to provide some continuity for the children. The schools may require DBS checks for volunteers.
 
If you are a member of the IFoA and live and/or work in, or near, London, Dorking or Hertfordshire, please consider volunteering to share your enthusiasm and your knowledge of finance with young people in our schools.
 
View an Introduction to the BEE Programme.
 
To find out more about what is involved, the materials that will support you, and the time commitment involved, please contact Andy Whitehouse to register your interest.

 

Contact Details

If you have enquiries about volunteering please contact Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Finance and investment

This is an excellent opportunity for Institute and Faculty of Actuaries (IFoA) members with experience in our exams to get involved in providing support to our student members, around the globe. 

In 2016 Actuaries Without Borders (AWB®) launched a global mentorship program, covering remote exam tutoring for professional actuarial exams, and providing the following benefits to the global society:

  1. assistance in the development of the actuarial profession where there is a lack of such resources
  2. contributes to the awareness of the actuarial profession and the spread of the actuarial education, by encouraging qualified actuaries and academics across the world to volunteer in global mentoring, including actuarial exam tutoring, through a convenient platform available around the clock.

This program is not intended to provide free consulting service nor non-actuarial coaching.  It is restricted to non-commercial use.

The program has expanded rapidly following its launch, and to meet the demand of different mentees AWB are currently looking for individuals to volunteer to become mentors and also for someone to take on the role of deputy project manager.

To find out more about these AWB opportunities, and to see how you can offer support, please make contact with AWB direct via the following link:

• View details of the AWB’s mentorship program

If you would like to discuss this with AWB, please contact the AWB Executive Director, Renata De Leers, or Project Manager, Bosco Chan.

We encourage you to get involved.

 

Contact Details

If you have enquiries about volunteering please contact Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

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 Debbie Atkins, Head of Engagement.  Debbie will put you in contact with Kirstie Smith, Senior Stakeholder Relationship Manager at the IFoA.  Kirstie supports all SECs.  When contacting Debbie 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 Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Education
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