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Non-Executive Directors

Welcome to the Non-Executive Directors' Member Interest Group community

Our main objective is to promote actuaries as valuable NEDs. Our group (the NED MIG) encourages Actuary NEDs to succeed together by operating a platform where knowledge and creativity can be shared passionately. Our members can gain insight and together, overcome unique challenges affecting Boards and NEDs. 

Thank you to our sponsors; Clifford Chance, Oliver Wyman, PricewaterhouseCoopers and Ridgeway and Partners, for their ongoing support.

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Discuss all things related to the IFoA Finance and Investment practice community in our LinkedIn Group.
 

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Our objectives

  1. To promote the value which actuaries can add as NEDs, particularly in the financial services context. 
  2. To deliver a range of advice and resources to support our IFoA Non-Executive Directors in their roles. 
  3. Provide opportunities for networking between members, both in open forums and on-line.  Members are encouraged to share experience and engage in stimulating discussions on current issues and challenges facing NEDs (particularly in the regulated financial services context).
  4. To inspire the next generation of Actuary NEDs by providing information and insight on this essential role. 
  5. Acting as informal representative body for NEDs and working with Institute and Faculty of Actuaries and external stakeholders including regulators to help address issues affecting Actuary NEDs.

Management Committee of the NED MIG  

The MIG Managing Committee is set up to support the Chair develop and deliver the core objectives of the group.

More about our Committee 

 

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Keep informed of upcoming events by joining our mailing list.
 

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Resources

Contact Details

If you want more information about Member Interest Groups, or would like to start one, please contact the Communities Engagement Team:

MemberInterestGroups@actuaries.org.uk

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Start date
E.g., 04/07/2022
End date
E.g., 04/07/2022

Events calendar

  • Spaces available

    The Actuaries’ Carbon Collaboration (ACC) is a group of actuaries and other professionals working towards a coherent understanding of the issues around greenhouse gas (GHG) emissions by considering them in an actuarial context.

    Emissions into and absorption from the atmosphere can be modelled in the same way that we model variable cash flows, including the impacts of uncertain quantities and timing. The ACC’s work investigates both the insights that this analogy provides and its limitations.

  • Spaces available

    This talk presents the work of the Data and Modelling workstream of the IFoA Mental Health Working Party. We explore data and modelling considerations in the risk assessment and underwriting of mental health conditions. We will also consider how newer risk factors and improved data availability might open up opportunities for additional underwriting and product designs.

  • Pensions Dashboards

    12 July 2022

    Spaces available

    As the industry prepares for Pensions Dashboards, we have lined up a specialist panel who is at the heart of the ongoing work in this area. Hear the latest developments, future proposals and have the opportunity to put forward your questions to our speakers.

  • Spaces available

    Crisis management, the process by which an organization deals with a disruptive, sudden and unexpected event that threatens to harm the organization or its stakeholders, has become a key concern in the light of the Pandemic and Geopolitical risks.

  • Spaces available

    Artificial Intelligence is heralded as a game-changer to the ways industries use data, with the insurance industry especially looking to embrace these new technologies. This brings many questions – not least around data privacy, ethics, potential biases and so on – with regulators increasingly interested in developments.

    Moreover, whilst the stunning progress of specific technologies such as Watson and Alphazero made headlines some years ago, current commercial applications of AI remain far from mature.

  • Spaces available

    This webinar will cover:

    • Some background on the risks of misselling in an ESG context, including the DWS case

    • Achieving positive impact is a strong antidote to the risks of greenwashing or ESG misselling, however this risks having a tension with fiduciary responsibilities

    • This tension can be resolved with a concept called Universal Ownership

    • Under Universal ownership, investors have an appetite to make a loss in order to achieve positive impact, and yet still have no compromise on their fiduciary responsibilities

  • Spaces available

    This session will focus on the transformation roadmap of the healthcare sector in KSA and the role of actuarial capabilities in enhancing its evolution to the desired end stage as per the objectives of the Vision 2030. The discussion will focus how the system has evolved so far and shed light on  the expected future changes. Through examining  the transformation, we will highlight how the sector is and can use actuarial  expertise to not only assist with this transformation but also use basic actuarial principles to identify the key risks and their respective mitigation strategies.

  • Spaces available

    The purpose of this research paper is to explore enterprise risk management lessons which can be learnt from the Covid-19 pandemic in preparation for potential future pandemics as well as other “gray rhino” or “black swan” events. This paper is not intended to be an all-encompassing solution to the issues presented by Covid-19; rather, the content has been provided to help drive discussions regarding how risk management processes may need to evolve in line with the dynamic nature of the underlying risks that they sometimes need to capture.

  • Spaces available

    The IFoA's Infrastructure Working Party, led by Chris Lewin, will present its new introductory guide to infrastructure investment, which will be published on the IFoA web-site prior to the webinar.   Those readers whose institutions have already taken the plunge into infrastructure will know that it is a highly complex and diverse field of activity.   This guide does not explore all the matters which investors take into account, but it does discuss many of the more important points, including the risks and past returns, benchmarking, and ESG and SDG considerations.    Attendees will be invi

  • Spaces available

    Health contributes to happiness at the personal, family, community and societal level.  Health, importantly underpins all our economic security. This talk will explore the drivers of our health, the measurement of health and the steps we can take to improve health – most of which lie outside the NHS.