Member-led research working parties are volunteer-led working groups that conduct research on timely topics of wide interest to the practice area and the profession.
The Health and Care Research Sub-committee has oversight of all the working parties listed below and encourages them to undertake research that can be shared with Institute and Faculty of Actuaries (IFoA) members via sessional papers, articles in The Actuary or the British Actuarial Journal (BAJ), and presentations at conferences or workshops.
There are currently four active Health and Care research working parties:
- Diabetes - This working party will research the risk factors, incidence and mortality of diabetes along with future plausible trend scenarios which are of relevance to working actuaries. Given the high prevalence of this disease and implication on NHS budgets and mortality/morbidity implications we view this is a key public interest issue which will also have consequences for the insurance industry.
- Electronic Medical Records - This working party research the current state of Electronic Health Records (EHRs) in the UK, so that users of the research can gain a better understanding of the opportunities and limitations these EHRs may provide, particularly in underwriting and pricing Life, Health & Care products
- Population Health Management - to promote the development of population health management within the actuarial profession and the health sector
- The Role of the Actuary in Health and Care - to describe the main areas in which IFoA member actuaries currently work in the health and care sector in the UK and abroad, and identify and assess potential new areas of opportunity.
Cross practice working parties include:
- Mental health (cross-practice with Life)
- Climate change (cross-practice with Sustainability)
- Artifical InteIligence and Automation (cross-practice with Life)
ICAT workstreams overseen by the Health and Care Board
If you have your own ideas for member-led research you would like to pursue, please refer to our Guidance for Research Working Parties or contact the Communities team.
All members are encouraged to volunteer for a research working party
Members interested in volunteering for a research working party should check Volunteer vacancies for current and new working parties.
The IFoA is also actively involved in commissioning strategic and external research relating to Health and Care
Information on research undertaken by universities and other external agencies which receive funding and/or support from the IFoA, as well as the IFoA’s strategy for involvement, the process for calls for research, current research initiatives and funding, can be found in Research and Knowledge.
Related documents
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Guidance for Member-Led Research Working Parties
9 November 2017
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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 Winter Forum: Corporate Transactions
25 January 2022
Over recent months there has been a sharp rise in M&A activity involving British businesses, with interest from overseas, domestic buyers and Private Equity investors. -
Frank Redington is recognised as one of the most influential actuaries of all time. In this talk, Craig will review some of Redington's most important ideas. He will identify the consistent actuarial principles that form a common thread across the contributions Redington made to a broad range of actuarial fields, and will highlight the ongoing relevance of Redington's thinking to 21st century actuarial practice.
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The IFoA Mental Health working party look back over their week of blogs and podcasts considering all aspects of the relationship between mental health and life insurance. The expert panel spans adviser, underwriter and actuarial experience and they explore triggers for purchasing insurance relating to mental health, the various routes to insurance and how these may be more suited to different people depending on their conditions and preferences, the products and processes involved in purchasing these as well as what claims and support are available to policyholders and how to access them.
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Part of the 'Finance in the Public Interest 2022' webinar series. If it was ever okay to consider your business in isolation from its surroundings, today it most definitely is not. Thinking about business within its surrounding system is now a necessity. The question we seek to discuss is: How should we prescribe the boundaries in which we consider problems to enable us to create better products and more resilient companies and systems?
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ARC Webinar - The next generation of CDC pensions? Analysing a post-retirement retirement vehicle
18 February 2022What will happen to DC pension savers who see life annuities as poor VFM but still want an income for life? Pooled annuity funds could offer them a decent lifetime income while reducing significantly the complex choices and risk inherent in income drawdown. They could be the next generation of CDC pension schemes, slotting into the existing DC framework as a post-retirement option.
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ARC Webinar Series 2022 - Lifting the lid on intergenerational investment risk-sharing
24 February 2022Investment risk-sharing is a fundamental part of whole-life collective defined contribution (CDC) pension schemes, such as the Royal Mail CDC. But how does investment risk-sharing benefit members? And does it favour some groups of members over others?
Over recent months there has been a sharp rise in M&A activity involving British businesses, with interest from overseas, domestic buyers and Private Equity investors.