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IFoA Buddy System

The Buddy System is a global network of IFoA members, who are happy to offer informal, confidential support to other members. What could you gain from talking one-to-one with an experienced actuary in your field?

Who are Buddies?

Buddies are qualified members who have added their names to the Buddy list because they are keen to hear from and offer support to peers across the profession. They are committed to keeping conversations completely confidential, so system users can speak freely. 

Buddies are open to discussing any work-related issues, from actuarial methodologies and practices to managing up, from seeking promotion to dealing with work pressure.

The Buddy System is a member benefit open to all members, Students, as well as qualified. And, as well as being a source of advice from more experienced actuaries, it is also open to queries from experienced actuaries who are seeking new perspectives or peer support.

How it works

  1. Log in to access the list of Buddies below
  2. Choose a Buddy
  3. Email them directly

We would suggest that enquirers do not contact Buddies within their own organisation. Please do not contact multiple Buddies concurrently. If you are unsure which Buddy to contact, please contact the Engagement Team. And please contact us if you do not hear from your chosen Buddy within 7 days.
 

Access the Buddy list

 

The service is entirely free for you and is based on members volunteering to provide this support. Any views expressed or advice, recommendations, or guidance given by members via this service are not reviewed or endorsed by the IFoA.

The Buddy System is an excellent way to have an impartial, informed chat with an experienced actuary about any issues you may face as you make your way through your career. I look forward to hleping many actuaries and future actuaries as they move through this great profession of ours. Tim Jordan, IFoA Member

Becoming a Buddy

If you are a qualified member and interested in adding your name and contact details to the Buddy list, please contact the Engagement Team.

Your details will be accessible by all members of the IFoA and you will be committed to responding to requests that you receive and to treating discussions as confidential.

The IFoA will contact you quarterly to see how much engagement you have had and to see if we can offer you support in any way.

Location is not a barrier; we are keen to hear from qualified members around the globe.

If you volunteer to become a Buddy you can, of course, step down at any time. Please contact us as soon as possible if you find yourself in this situation, and we will remove your name from the list (even on a temporary basis).

Disclaimer

This service is facilitated by the Institute and Faculty of Actuaries (IFoA). Other than facilitating this informal support and discussion amongst members, the IFoA plays no role in how the service operates, i.e. the IFoA does not oversee how, where and when members meet and does not monitor and/or endorse the advice, guidance or recommendations that may be given by any member, or the processes or procedures that any member suggests. Nor is the IFoA responsible for the availability of, or follow up by, members to members. The IFoA accept no liability (to the fullest extent permitted by law) for any loss, damage, or inconvenience arising as a result of a member’s use of this service. The IFoA reserves the right at its sole discretion to exclude members from using this service if the IFoA considers that a member’s use is not in keeping with the purpose for which the service is provided.

July 2022

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Events calendar

  • Spaces available

    The purpose of this research paper is to explore enterprise risk management lessons which can be learnt from the Covid-19 pandemic in preparation for potential future pandemics as well as other “gray rhino” or “black swan” events. This paper is not intended to be an all-encompassing solution to the issues presented by Covid-19; rather, the content has been provided to help drive discussions regarding how risk management processes may need to evolve in line with the dynamic nature of the underlying risks that they sometimes need to capture.

  • Spaces available

    This session is for new candidates and existing candidates where we will be discussing the practical steps you need to take leading up your exam and on the day. We will be discussing how to testing the online exam platform, downloading and uploading your paper and key information from the Exam Handbook.

    The exam webinar is for candidates, new to IFoA exams and returning candidates, sitting in the September 2022 exam session.

  • Spaces available

    The role of Non-Executive Directors has become increasingly challenging and critical over the past few years.

    Big picture thinking, Governance knowledge, Independent mindset, Ambassador potential and Energy and commitment: these are the essential skills sought in a successful NED, according to the Chartered Governance Institute (UK & Ireland).

    In parallel, Environmental, Social and Governance (ESG) criteria are increasingly key and used by investors to measure the sustainability and ethical impact of investing in an organisation.

  • Spaces available

    This webinar will cover:

    • Some background on the risks of misselling in an ESG context, including the DWS case

    • Achieving positive impact is a strong antidote to the risks of greenwashing or ESG misselling, however this risks having a tension with fiduciary responsibilities

    • This tension can be resolved with a concept called Universal Ownership

    • Under Universal ownership, investors have an appetite to make a loss in order to achieve positive impact, and yet still have no compromise on their fiduciary responsibilities

  • Spaces available

    In the UK, the idea of collective defined contribution (CDC) pension schemes is gaining more attention with the launch of the Royal Mail CDC scheme, the first of its kind in the UK. Our recent research on CDC plans investigates the sources of the putative benefits of CDC schemes: the smoothing of pensions for members.  Using an attribution analysis to burrow into the scheme design, the reason for the smoothing of members' pensions is explained and understood.

  • Spaces available

    The IFoA's Infrastructure Working Party, led by Chris Lewin, will present its new introductory guide to infrastructure investment, which will be published on the IFoA web-site prior to the webinar.   Those readers whose institutions have already taken the plunge into infrastructure will know that it is a highly complex and diverse field of activity.   This guide does not explore all the matters which investors take into account, but it does discuss many of the more important points, including the risks and past returns, benchmarking, and ESG and SDG considerations.    Attendees will be invi

  • Social Care Agenda

    11 October 2022

    Spaces available

    Social care reform has long been on the to-do list for successive governments over the last two decades. In February, the government’s proposed reforms to adult social care [including cap on care costs] was published. Against this backdrop of funding promise and rising National Insurance taxation, in this session we will debate the resilience of these new proposals, the impact of future demand for care services and what role for the insurance industry and the important role it has played in long-term care funding in other countries where public-private partnership works.

  • Spaces available

    Health contributes to happiness at the personal, family, community and societal level.  Health, importantly underpins all our economic security. This talk will explore the drivers of our health, the measurement of health and the steps we can take to improve health – most of which lie outside the NHS.

  • GIRO Conference 2022

    ACC Liverpool  
    21 November 2022 - 23 November 2022
    Spaces available

    We are delighted to announce the return of GIRO as an in-person conference, giving you an opportunity to connect with actuaries in your practice area. Join leading experts to discuss key issues, emerging ideas, and new research across the General Insurance sector.

  • Life Conference 2022

    ACC Liverpool Kings Dock Liverpool Waterfront Liverpool Merseyside L3 4FP
    23 November 2022 - 25 November 2022
    Spaces available

    Life Conference returns as an in-person conference in 2022, giving you an opportunity to connect with your peers and fellow actuaries in your sector, in person. You will also hear leading experts discuss key issues, emerging ideas, and new research across the Life insurance sector.

  • Spaces available

    Mortality and morbidity risk varies by variables such as age, sex and smoking. In traditional actuarial experience analysis, these variables, and certain combinations thereof can be explored. However, with the wealth of data now available it is becoming increasingly challenging to identify the key drivers of experience and account for the interaction between different variables. A univariate approach often compares apples and pears, for example males are more likely to smoke and have larger policies than females. Likewise, variable interactions are missed unless specifically included.