It is vital for the Profession’s sustainability and relevance that it remains at the forefront of the development of actuarial science, fostering a culture of continuous learning and providing forums where members can put forward, explore and discuss new ideas.
This is why the Profession’s role in helping to deliver thought leadership is recognised in our strategy, which states our ambition to “advance all matters relevant to actuarial science”. It is also an important element of the Profession’s strategic objective of promotion, as research provides the content that allows the Profession to speak out on matters relevant to the public interest.
To that end, we have reinvigorated our research capability to support the diversity of research initiatives undertaken. These range from papers by working parties and member interest groups (often presented at sessional meetings and conferences) through to university-led projects and articles for our publications (British Actuarial Journal, Annals of Actuarial Science and the newer Longevity Bulletin). Many of these activities are supported by a community of over 700 volunteers, who are actively contributing to the future of the subject. As part of reviewing our thought leadership activities, we will be looking at how we can best disseminate our research activities.
We will shortly be implementing ‘thought leader’ and ‘experienced practitioner’ pathways to the chartered enterprise risk actuary (CERA) award. Under this scheme, up to 12 inspiring thought leaders (who meet strict criteria) will be selected to receive this prestigious award and help the CERA community to flourish. The application and selection process for the ‘experienced practitioner’ pathway will take place later this year.
Our many research activities will ensure that the Profession remains at the cutting edge of actuarial science. If you would like to get involved, visit the Actuarial Profession’s stand at residential conferences or contact volunteer engagement manager Debbie Atkins on (+44) 131 240 1803 or firstname.lastname@example.org
. Policy managers Paul Shelley and Sarah Mathieson also attend major events and are happy to discuss any research ideas to help inform policy development.