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Life Research Sub-committee and working parties seeking new members

The Institute and Faculty of Actuaries’ (IFoA’s) Life Research Sub-committee is seeking to recruit up to two new members, who could be Fellows or Associates or academics with expertise in actuarial, life insurance or related fields, to volunteer to join this sub-committee to help drive the development of actuarial practice in the Life area.  The Life Research Sub-committee oversees between 14 and 20 working parties undertaking research in areas of relevance for practitioners and in the public interest.

The IFRS17 Contractual Service Margin Working Party will be advertising for additional volunteers in April, and the Equity Release Mortgages Working Party will also be requiring additional volunteers in the summer for phase two of their research.   

The Life Research Sub-committee also plans to launch new working parties in 2019 on:

  • Long term product guarantees – do they have a future in the UK? What could be done to make them more affordable and attractive?
  • Impact of regulation on risk management – to investigate to what extent does regulation incentivise good long term risk management and are there unintended consequences? (possibly cross practice with Life and Risk Management)

All of these opportunities will be advertised in due course on the IFoA volunteer vacancy web page.