Evolving health provision models to meet changing needs is also a feature of the expansion of private sector work. Actuaries work with other health professionals to find appropriate solutions for private medical insurance, income protection, critical illness, and long-term care insurance.
Health and Care is a small but valuable field
Health and Care is truly a cross practice area, as it touches on life, pensions, risk management and resource and environment. Its outputs in the areas of research and continuing professional development (CPD) impact actuaries working in a variety of fields.
The Health and Care Board actively influences the environment in which actuaries practice
The Health and Care Board, a member-led Board run by senior volunteer actuaries, advises the Institute and Faculty of Actuaries (IFoA) on important health and care issues. The Health and Care Board sets key objectives annually and has oversight of two subcommittees:
The Health and Care Board and its subcommittees shape the IFoA’s education, standards, CPD, events and research
The Health and Care Board and its subcommittees are committed to ensuring that their members are educated and practice in an environment of the highest standard. Notably, they Board and its sub-committees are responsible for:
- developing topics for member-led research working parties and helping push through research outputs, such as sessional research papers, presentations or articles in the British Actuarial Journal
- pushing forward timely CPD opportunities and events, ensuring all members have access to CPD of the highest standard
- helping to shape IFoA responses on consultations
- raising issues of strategic interest to the profession.
Related documents
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Governance Manual of the Institute and Faculty of Actuaries
23 June 2020 -
Solvency II - Health insurance
6 June 2016
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Contact Details
For more information about Health and Care working parties contact the Communities Team.
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Events calendar
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Pensions: Actuarial Factors used to Calculate Benefits in UK Pension Schemes
Webinar28 January 2021The 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.
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India Town Hall
Webinar28 January 2021
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. -
Winter Thought Leadership Lecture with Vicky Pryce
Webinar3 February 2021What 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.
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Professional Skills Training Webinar - 9 February 2021
Webinar9 February 2021
Trust and Leadership for ActuariesLed 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:
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Health and Care Hot Topics webinar
Online webinar10 February 2021In 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.
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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.
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Sub-Saharan Africa Town Hall
26 February 2021IFoA 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. -
MENAP Town Hall
2 March 2021IFoA 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.
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.