The current cross practice research working parties are:
- Behavioural Finance - this Cross Practice Working Party investigates how various aspects of behavioural finance impacts on the work of actuaries
- Climate Change - focusing on a broad range of topics covering all practice areas likely to be effected by climate change
- Consumer Risk Metrics - developing simple and easy ways to understand risk metrics that will allow consumers to understand risk in a consistent way - this is a Cross Practice Working Party shared with Life and Risk
- Extreme Events - this Cross Practice Working Party is shared by Life and F&I - widens understanding of the various methodologies that could be used for developing benchmark figures, including the advantages and disadvantages of each
- FRC and Risk Reporting - current focus is on research into Long Term Viability Statement and Risk Culture
- Impact of Changes in Employment Trends and Product Development - this cross practice working party will address potential practice areas to develop to include pensions rebranded on long term savings and protection needs
- Infrastructure - This cross practice working party will undertake research to uncover information about the risks and rewards which investing institutions are likely to experience
- Managing Uncertainty with Professionalism - seeks to develop general and simple principles to support actuaries in managing and communicating uncertainty in all fields
- Modelling, Analytics and Insights from Data - established to investigate “Big Data” and primarily focused on the latest and emerging thinking associated with modern mathematical tools and techniques
- Operational Risk (OR) - a cross Practice Working Party that acts as the conduit for Operational Risk (OR) research across all practice areas
- Pensions and Long Term Care Steering Group - A cross practice Working Party investigating the challenges of meeting long term care costs, a significant funding challenge for individuals, and both, current and future governments
- Practical Guide to Climate Change for GI Practitioners - a cross practice working party created to examine the main implications of Climate Change for General Insurance actuaries and identify the best ways to manage those implications
- Practical Guide to Climate Change for Investment Actuaries - a cross practice working party created to examine the main implications of Climate Change for Investment actuaries and identify the best ways to manage those implications
- Practical Guide to Climate Change for Life Actuaries - a cross practice working party created to examine the main implications of Climate Change for Investment actuaries and identify the best ways to manage those implications
- Programming of Actuarial Work - exploring and supporting the adoption of best practice computer programming concepts and techniques in daily actuarial work
- Risk Considerations for Autonomous Vehicles - seeking to identify the key risks associated with AV and examning in detail how the insurance industry might be affected
- Infrastructure - undertaking research to uncover information about the risks and rewards which investing institutions are likely to experience with infrastructure investment
- Secondary Annuities Scoping Group - seeks to conduct research related to annuitants and their engagement in a future secondary annuities market in the UK
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If you have any questions about a practice area, its working parties, Member Interest Groups or Board and sub-committees, please contact the Communities Team:
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Drawing from his most recent book “The New Long Life” and his longevity research Andrew J Scott will outline how longer lives and new technologies will fundamentally reshape how we structure our lives and transform the economy. As well as looking at the agenda this will set governments and corporates he will focus on the implications for you and how you prepare your future career.
The IFoA’s Actuarial Review Team has published its first thematic review, which looked at the actuarial advice given by scheme actuaries to UK pension scheme trustees on setting transfer values and commutation rates.
IFoA Immediate Past President John Taylor would like to invite you to the Institute and Faculty of Actuaries’ (IFoA) virtual India Town Hall 2021, hosted by John Taylor with IFoA Council Member Mahidhara Davangere and IFoA Chief Executive, Stephen Mann.
What are the options for the world economy looking ahead?
In this Thought Leadership Lecture, Economist, Vicky Pryce, will be discussing world economic trends, including the differences in geographical performance and how output is recovering and where.
Trust and Leadership for Actuaries
Led by Dr. Jim Baxter, University of Leeds, this webinar introduces some key ideas in the ethics of trust, with a particular focus on those in, or on the path to, leadership roles. Dr Baxter is joined by a panel of experienced leaders who will give their personal perspectives on how they understand the value of trust and how they seek to promote and inspire trust, drawing on their experiences of leadership. The panel includes:
In this webinar, we have two presentations showing the latest research on the implications for life and health insurers of two key issues: genomics and pandemic risk.
Dr Peter Joshi and Paul Timmers will share their research on how well-established underwriting processes can allow for genomics in predicting expected mortality and morbidity. They will then discuss the potential for stratified screening and personalised medicine to improve health and reduce claim costs.
As the world’s attention begins to turn to COP26 later this year in Glasgow, Sarah Gordon (Chief Executive, Impact Investing Institute) will share her vision for how the financial services industry can deliver for people and the planet, as well as how to encourage more investment with the intention to generate positive, measurable social and environmental impact alongside a financial return.
IFoA Immediate Past President John Taylor would like to invite you to the Institute and Faculty of Actuaries’ (IFoA) virtual SSA Town Hall 2021, hosted by John Taylor with IFoA Council Members Mukami Njeru, Prosper Matiashe and IFoA Chief Executive, Stephen Mann.
IFoA Immediate Past President John Taylor would like to invite you to the Institute and Faculty of Actuaries’ (IFoA) virtual MENAP Town Hall 2021, hosted by John Taylor and IFoA Chief Executive, Stephen Mann.