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
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.
- 9 November 2017
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For more information about Health and Care working parties contact the Communities Team.
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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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