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
You might also like
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:
Filter or search events
View the full schedule of webinars in this series via this link.
This webinar series will provide topical and practical updates and discussion on the latest thinking and innovations in mortality and longevity, and is designed to be very accessible to a broad range of experience.
Part of the Mortality and Longevity webinar series. As an industry, it has been important to be able to look to the future to identify the next quantifiable risk. In this session, I will explore some of the less tangible, but none-the-less concerning risks to future health, such as the health risks associated with exposure to pesticides, ingestion of plastic in the food chain, and the hazards of indoor air pollution through exposure to volatile organic compounds.
Part of the Mortality and Longevity webinar series. The working party will help the industry to update and enhance how potential risk from diabetes and excess mortality is considered, including the need to understand the underwriting implications as treatments improve, and potentially to develop new products that are tailored to those with diabetes.
A Trusted Profession
This free 1 hour CPD webinar is designed to meet the IFoA’s Stage 3 Professional Skills Training under the IFoA’s CPD Scheme 2019/2020 and is suitable for actuaries working in any area (i.e. it is not specifically aimed at Pensions, GI or any other technical discipline) and is interactive.
Modelling the structure and trends of cancer morbidity risk is important for pricing and reserving in related health insurance fields such as critical illness insurance and care provision. We model the dynamics of cancer incidence over time in different regions in England, using 1981-2016 ONS data. The modelling allows estimation of cancer rates at various age, year, gender and region levels, following a Bayesian setting to account for statistical uncertainty. Our analysis indicates significant regional variation in cancer incidence rates.
In this talk we will outline the steps Aviva took in pulling together our first large-scale disclosures on the exposure of our business to climate change published in March 2019; in line with the recommendations of the Taskforce on Climate-related Financial Disclosures. After touching on why insurers have such an important role in climate change, we'll cover a brief “how-to” guide for those who have not yet embarked on thinking about these topics before giving a case study of how the learnings from a TCFD disclosure exercise can be applied to investment portfolios.
The insurance industry currently underwrites customers with diabetes based on a range of factors, medical expertise and various medical studies. The work undertaken by the Diabetes Working Party would help the industry to approach this using current research findings to update and enhance how potential risk from diabetes is considered. This includes the need to understand the underwriting implications as treatments improve, and potentially to develop new products that are tailored to those with diabetes. This webinar will present our latest findings in the management of this important chronic condition which will include research in collaboration with the ARC.
This event is now fully booked. To join the wait list, please register here.
Get ready for the new CPD Scheme launching on 1 September. Join us for a discussion on what the new Scheme will look like in practice. There will be an opportunity to field questions to the IFoA Executive on how the Scheme’s requirements will affect you.
There will be a prestigious line-up of international speakers discussing the insurance and financial industry’s innovation and change in Asia. The conference will take place throughout September via an online platform. The webinars consist of plenary speaking sessions and a series of workshop sessions including Life, GI, Data Science, Sustainability, Risk Management and Investment.
This will be the perfect opportunity for you to discover,ask questions and be at the forefront of current and developing actuarial/financial topics and trends in Asia.
In this webinar we will provide an insight into enterprise-wide risk management in banking, showing similarities to the world of insurance as well as identifying differences. Just as insurance companies have to submit an ORSA, so bank’s have to submit their own equivalent, the Internal Capital Adequacy Assessment Process or ICAAP.
This free 90 minute webinar is designed to support the IFoA CPD Co-ordinators, and others, involved in supporting our members to achieve their CPD requirements.
The programme will include an overview of the new CPD Scheme; specifically sharing with you key messages to support you implement and embrace the new CPD Scheme for our members within your organisation and regional community; how to arrange a reflective practice discussion; and an interactive reflective practice discussion learning exercise. In addition, delegates will gain information about accessing, and making the most of the IFoA event Toolkits which you can make use of to run your own in-house events and events for regional communities.