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:
- Climate Change: Practical Guide - to Develop and maintain a Climate Change Practical Guide for H&C actuaries and identify and monitor climate change issues of relevance to H&C actuaries
- 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 as a key public interest issue that 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
- Social Care - to contribute to the public debate around adult social care to help turn the Government's first step into a long-term sustainable solution to the funding of adult care.
- 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)
- Artificial intelligence 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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Climate Solvency The Actuaries Carbon Collaboration: Applying Actuarial Concepts to Carbon Emissions
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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.
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Health – Our Greatest Asset
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