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Actuaries - venturing out
21 September 2018
In this blog, Chloe Hung, Amazon best-selling author, talks about the evolving industries which actuaries are now working in.
Historically, the actuarial profession was made up of a relatively small community of actuaries who worked mainly within the insurance field. Over the years though, more and more actuaries have been venturing into other fields such as data science, investments, banking, finance and so forth.
Opportunity to volunteer on the IFoA Health and Care Lifelong Learning Sub-committee
19 September 2018
The Health and Care Lifelong Learning Sub-committee is seeking to recruit up to two members. The Sub-committee are seeking to balance their membership and therefore wish to recruit one member with a PMI background and one member who works for a direct insurer.
Health and Care Product Research Group seeking volunteers
19 September 2018
The Health and Care Research Sub-committee is seeking two additional members to support the care cap and means test work stream of the Product Research Group. These volunteers will be required for approximately six months to undertake modelling work. They should ideally be IFoA Fe
Opportunity to volunteer on the Life Lifelong Learning Sub-committee
19 September 2018
The Lifelong Learning (Life Practice) Sub-committee is seeking to recruit up to two members, who should be a Fellow or Associate member of the Institute and Faculty of Actuaries (IFoA).
Opportunity to volunteer on the IFoA Life Research Sub-committee
19 September 2018
The Life Research Sub-committee, which oversees between 14 and 20 working parties, 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.
Networking event: Life actuaries and global markets - opportunities and learning from experience? (25 October 2018)
19 September 2018
Join our international experience networking event on 25 October at Staple Inn Hall, London, to understand more about how working overseas has helped our members to develop their career.
At this event you will have the opportunity to hear first-hand from a number of members who have worked overseas. They will share their experiences not only of actuarial work overseas, but their practical experience of living and working overseas, what they wished they understood before the embarked upon this opportunity and how they successfully returned back to the UK.
Funeral Plans Member Interest Group CPD event (29 October 2018)
19 September 2018
The Funeral Plans MIG Managing Committee are putting together an excellent programme for the annual CPD event for 2018, which is now open for bookings.
We are delighted that LGT Vestra LLP have agreed to host the event this year, which will take place on 29 October 2018 with registration from 15.00 and the event running 15.30 – 18.00.
For more information and to book your place, please email Funeral.Plans@actuaries.org.uk with:
Actuaries and the United Nations Sustainable Development Goals
19 September 2018
Ken Buffin, Founder of the US-based Buffin Foundation, discusses the UN’s Sustainable Development Goals and the innovative ways actuaries can harness their skills to drive progress towards achieving them by 2030.How the IFoA is committed to making environmental changes
17 September 2018
The IFoA believes we all need to take steps to reduce our environmental impact, but knowing how to begin and which steps to take can be a challenge for all of us – simply put, where do we start?
Exam centre closures in Hanoi, Hong Kong and Shenzhen
14 September 2018
The CA1 paper 1 and the CT5 exams on Monday 17 September have been postponed in Hong Kong, Shenzhen and Hanoi, and will not take place on this date, and the exams will be rescheduled.
All affected candidates have been emailed about this. We will be in contact with new exam dates early next week.
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Other actuary news
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InsurTech investments hit record high
Added: Fri, 21/09/2018 - 16:40There were a record-breaking number of insurance technology investments made in the second quarter of 2018, with incumbent firms showing an unprecedented level of interest. -
Insurance industry predicts rise in cyber-related losses over next year
Added: Wed, 19/09/2018 - 18:00The majority of insurance companies worldwide are expecting an increase in cyber-related losses over the next 12 months, with the frequency of large-scale attacks also predicted to rise. -
Positive outlook expected for UK life insurers
Added: Wed, 19/09/2018 - 15:35Life insurers in the UK can look forward to a period of stability over the next 12 to 18 months, with strong operating profits underpinned by continued solvency resilience and increasing demand for products. -
Pension funds shifting towards more complex investment portfolios
Added: Wed, 19/09/2018 - 15:10The majority of institutional investors like pension funds are increasing overhauling their portfolios in search of greater returns, with two-thirds having added at least one new asset class over the last three years. -
Two-thirds of large businesses considering blockchain technology
Added: Tue, 18/09/2018 - 13:40Nearly two-thirds of businesses with over 10,000 staff are at least considering new blockchain projects, up from around half last year, a new survey has found. -
Fossil fuel demand to peak in 2020s
Added: Wed, 12/09/2018 - 13:30Rapid growth in renewable energy and clean technology will see fossil fuel demand peak over the next decade, leaving trillions of pounds worth of investments at risk. -
Small insurers failing to step up IFRS 17 preparations
Added: Tue, 11/09/2018 - 18:28Just one in ten insurers with less than $1bn (£770m) in premiums worldwide have started the design or implementation phase for incoming accounting standard IFRS 17. -
Majority of firms unsure who should manage cyber security
Added: Mon, 10/09/2018 - 17:00The majority of executives worldwide are not sure who should be in charge of their firm's cyber resilience, with most facing a specialist or generalist dilemma. -
Most top pension funds risk breaching their legal duties on climate change
Added: Mon, 10/09/2018 - 12:40Almost two-thirds of the world's 100 largest public pension funds give very little or no information on the financial implications of climate change on their investments. -
Almost two million more UK workers saving for a pension since 2016
Added: Thu, 06/09/2018 - 16:50The introduction of workplace pension auto-enrolment has resulted in almost two million more UK workers saving for retirement since 2016, new data shows.