Institute and Faculty of Actuaries President’s Award winners

The President’s Award is given to members of the Profession who have, in the opinion of the President, made a particular and special contribution to the Institute and Faculty of Actuaries.

The recipients this year were:

• Sally Bridgeland, for her chairmanship of the Actuarial Profession’s Management Board
• Alan Botterill, for his outstanding contribution to the development of the Profession’s role in risk management
• Robert Hails, in recognition of his many years of service to the Profession, latterly as the first Honorary Treasurer of the Institute and Faculty of Actuaries.

Sally Bridgeland said: “I am delighted to receive this award. Serving the profession as Chairman of the Management Board has been a fantastic experience in acting as a non-executive and in understanding operational risk.  The next few years will be an exciting time for the Profession and I would like to take this opportunity to encourage other members to come forward, bringing their ideas and enthusiasm with them, confident in how volunteering can add to the skills they need in the workplace."

Alan Botterill said: ““More than ever the private and public sectors need effective risk management. Actuaries can add real value through applying objective quantitative skills, helping to manage uncertainty and informing strategic business decisions. It has been a pleasure to help shape the initial thinking - and to be recognised by this award - but there is a lot more to do, building on the excellent work being done by many within the Profession, to establish actuaries as leading influencers in the wide and competitive world of global risk management.”

Robert Hails said: "I am both surprised and delighted by this award. Serving on Council in various capacities has been a challenging, enjoyable and rewarding experience - particularly serving on Management Board since its creation in 2008. The high point must be the successful merger of the Institute and Faculty of Actuaries. The focus has now turned to the future and delivering the strategy to develop the strengths of the combined Profession. I would encourage members to volunteer - the current environment is challenging for actuaries and what could be better than helping to shape the future evolution of the actuarial profession."

Ronnie Bowie said: “It is a pleasure to be able to honour such distinguished volunteers as Sally, Alan and Robert who have given up so much of their time to help the Profession.  I echo Sally and Robert’s  comments about volunteering and invite members to get involved and help shape the future of their profession.”

Ends

Enquiries: Tel. Michael Scanlan on 07798 804 871 or email michael.scanlan@actuaries.org.uk#

Notes for editors

1. Actuaries provide commercial, financial and prudential advice on the management of a business’s assets and liabilities, especially where long term management and planning are critical to the success of any business venture. They also advise individuals, and advise on social and public interest issues.
2. Members of the Profession have a statutory role in the supervision of pension funds and life insurance companies. They also have a statutory role to provide actuarial opinions for managing agents at Lloyd’s.
3. The Profession is governed by the Institute and Faculty of Actuaries. A rigorous examination system is supported by a programme of continuing professional development and a professional code of conduct supports high standards reflecting the significant role of the Profession in society.
4. The Profession is available to provide expert comment to the media on a range of actuarial- related issues, including enterprise risk management, finance and investment, general insurance, health and care, life assurance, mortality, and pensions.

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