The Institute and Faculty of Actuaries (IFoA) is a Royal Chartered professional body representing the actuarial community in the UK and beyond. Advancing actuarial science through research is one of the IFoA’s core objectives. It is a feature that distinguishes the IFoA from simply being a professional or membership body. Traditionally, the majority of IFoA research has been carried out by working parties of volunteers largely from within the profession. Recently, it has become clear that there are some major challenges that would benefit from the efforts of full time research teams.
To this end the IFoA has re-constituted a Research and Thought Leadership Committee (RTLC) with responsibility of coordinating research across the organisation. After consultation with industry experts and academics, a KEY QUESTIONS document has been produced to summarise some of the major research challenges of interest to the actuarial community.
The objective of this Call is to develop a series of complementary programmes of projects that address as many of the KEY QUESTIONS as possible. The IFoA intends to work collaboratively with cognate organisations and some of the programmes may be co-funded by them.
Timeline of 2015/6 Call for Research Project Proposals:
- Opening Date: 14 August 2015
- Closing date: 5 October 2015 (Midnight BST)
- Projects Awarded: Early 2016
Risks in society raise many questions and issues over who bears them and how they are managed. Many of the specific issues that actuarial science needs to address today could be considered under the broad themes of understanding future risk and complex uncertainty, people ageing, financial health and the changing economic environment. The IFoA invites consortia to submit proposals for research projects that respond to a number of research questions under these themes that have been identified by the RTLC and outlined in the KEY QUESTIONS document.
Proposals would be welcomed from any effective research-led organisations within the university, not-for-profit, public or private sector. Organisations may be based in the UK or elsewhere in the world.
This document includes essential information for applicants, including how to apply.
Interested parties should refer to this document that outlines the key questions for actuarial science which the proposals should address (a copy is also appended to the Call for Research document above).
Enquiries may be directed to Sarah Mathieson, Head of Research and Knowledge
Filter or search events
What are the advantages of using artificial intelligence (AI) in investing? What are the differences between traditional quant and AI? This new webinar discusses challenges and the future of AI in the investment sector.
Delivered by the IFRS 17 Contractual Service Margin working party.
The Certified Actuarial Analyst (CAA) qualification has rapidly established itself as adding real value, to insurers and consultancies, and to the clients of consultancies, around the World. CAAs work alongside actuaries and actuarial students, as well as other financial services professionals, in an increasingly broad range of roles and fields.
This session is a repeat of the one earlier today at 09:30
Many individuals and institutions have a long-term focus, and invest funds for the benefit of future generations. Their strategy should reflect their long horizon. University endowments are one of the oldest classes of institutional investor, and I will present the first study of the management of these endowments over the very long term.
This year's GIRO has been re-designed as a virtual conference to offer members and non-members the opportunity to get up to date content from leading experts in the general insurance field via online webinars. All sessions will be recorded and made available to purchase and re-watch post-event on the IFoA's GI Online Learning Resource area.
This year's Life Conference has been re-designed as a virtual conference to offer members and non-members the opportunity to get up to date content from leading experts in the life insurance field via online webinars. All sessions will be recorded and made available to purchase and re-watch post-event on the IFoA's website.
This webinar will provide an update on the emerging thinking around future regulation of DB schemes:
The webinar will discuss the challenges and opportunities schemes face in evaluating end game options, choosing a target state and understanding the impact this strategic decision could have on member outcomes long after the “end state” is reached. Adolfo, Kevin and Rhian bring over 60 years of experience in the industry and a variety of perspectives as scheme actuary, covenant adviser, trustee, de-risking adviser and insurer.
Cash-flow driven investing is a game-changer for DB pension funds navigating their end-game. Suitable for sponsors who want to reduce risks on their balance sheets. And for trustees, it shifts the focus to providing greater certainty of returns, managing funding level volatility and ensuring they have enough income to pay cash-flow requirements.
The talk will provide an understanding of the priorities and relationships between deficit reduction contributions, in the context of wider scheme funding, and different types of value outflow from the employer based on the working party’s recently published report.