Skip to main content
The Actuary: The magazine of the Institute and Faculty of Actuaries - return to the homepage Logo of The Actuary website
  • Search
  • Visit The Actuary Magazine on Facebook
  • Visit The Actuary Magazine on LinkedIn
  • Visit @TheActuaryMag on Twitter
Visit the website of the Institute and Faculty of Actuaries Logo of the Institute and Faculty of Actuaries

Main navigation

  • News
  • Features
    • General Features
    • Interviews
    • Students
    • Opinion
  • Topics
  • Knowledge
    • Business Skills
    • Careers
    • Events
    • Predictions by The Actuary
    • Whitepapers
    • Moody's - Climate Risk Insurers series
    • Webinars
    • Podcasts
  • Jobs
  • IFoA
    • CEO Comment
    • IFoA News
    • People & Social News
    • President Comment
  • Archive
Quick links:
  • Home
  • The Actuary Issues
  • September 2022
IFoA News
News

Bringing our DEI strategy to life

Open-access content Wednesday 31st August 2022

In April’s edition of The Actuary, IFoA CEO Stephen Mann outlined some of the actions the IFoA had taken to implement its ambitious and far-reaching Diversity, Equity and Inclusion (DEI) strategy.

ers

In the intervening months, the IFoA, working with members, volunteers and partners, has continued to progress activity and generate the momentum to deliver on its commitment to improving DEI. Here, we give an overview of some of ways the IFoA has been embedding its strategy (bit.ly/DEI_Change_for_better) in recent months. 

Leadership and culture

The demographic mix of IFoA Council, Management Board, Regulation Board and Executive Leadership team was published for the first time in June and is available in the DEI section of the IFoA 21/22 Annual Report (bit.ly/IFoA_DEI2022).

The City of London Corporation socio-economic diversity taskforce published its UK baseline survey results in August (bit.ly/CoL_Building_Baseline). More than 1,000 UK-based IFoA members took part in the survey, contributing data that will provide a starting point for lasting change in the financial and professional services sectors.

The IFoA also hosted a roundtable event with the taskforce’s Industry workstream. Representatives from leading employers shared their views, which will feed into the workstream’s consultation. Outcomes from this are expected in the autumn.

The IFoA has joined Progress Together (progresstogether.co.uk) as a supporter. The membership body, launched in May this year, will build on the work of the City of London Corporation taskforce and focus on progression and retention in the financial services sector.

A project is now underway to work with our member-led communities, committees and boards to gather DEI data across our volunteer groups. This will support the development of action plans to progress representation and participation.

Supporting members in their work

The IFoA recently relaunched its buddy scheme (bit.ly/IFoA_Buddy_System), offering members access to one-to-one, confidential and remotely-accessible peer support to help members if they have issues they want to discuss.

Supporting members in their careers

We have joined Neurodiversity in Business (neurodiversityinbusiness.org), an industry forum whose mission is to help develop more neuro-inclusive workplaces.

Improving DEI in our community

We have been working with members and employers to promote the importance of partnership working to effect change. This has included highlighting actuarial employers’ DEI work and developing informal DEI networks across employers and industry to promote best practice.

Christopher Cullen, actuarial senior manager and UK actuarial DEI lead at EY, says: “I think the IFoA has such a powerful role to play in being at the centre of all actuarial employers where they have members. Being able to co-ordinate literally thousands of people’s efforts to drive improvements in DEI across our industry (and society) would be hugely impactful.”

Read more about the IFoA’s commitment to champion and embody the benefits of a globally diverse and inclusive profession in its DEI Strategy at  bit.ly/IFoA_DEI_Strategy

 

Image credit | Shutterstock

ACT Sep22_Full LR.jpg
This article appeared in our September 2022 issue of The Actuary.
Click here to view this issue
Also filed in
IFoA News
News

You might also like...

Share
  • Twitter
  • Facebook
  • Linked in
  • Mail
  • Print

Latest Jobs

New Fast-Growing Team - Actuarial Systems Development

London (Greater)
Excellent Salary Package
Reference
143762

Actuarial Pension Consultant – Scotland/Remote – Up to £90,000 plus bonus

Edinburgh / Glasgow / Remote working
Up to £90,000 + Bonus
Reference
143761

Part Qualified Pensions Actuary– Specialised Pensions Consultancy - Scotland/Remote - Up to £70,000

Edinburgh / Glasgow / Remote working
Up to £70,000 + Bonus
Reference
143760
See all jobs »
 
 

Today's top reads

 
 

Sign up to our newsletter

News, jobs and updates

Sign up

Subscribe to The Actuary

Receive the print edition straight to your door

Subscribe
Spread-iPad-slantB-june.png

Topics

  • Data Science
  • Investment
  • Risk & ERM
  • Pensions
  • Environment
  • Soft skills
  • General Insurance
  • Regulation Standards
  • Health care
  • Technology
  • Reinsurance
  • Global
  • Life insurance
​
FOLLOW US
The Actuary on LinkedIn
@TheActuaryMag on Twitter
Facebook: The Actuary Magazine
CONTACT US
The Actuary
Tel: (+44) 020 7880 6200
​

IFoA

About IFoA
Become an actuary
IFoA Events
About membership

Information

Privacy Policy
Terms & Conditions
Cookie Policy
Think Green

Get in touch

Contact us
Advertise with us
Subscribe to The Actuary Magazine
Contribute

The Actuary Jobs

Actuarial job search
Pensions jobs
General insurance jobs
Solvency II jobs

© 2023 The Actuary. The Actuary is published on behalf of the Institute and Faculty of Actuaries by Redactive Publishing Limited. All rights reserved. Reproduction of any part is not allowed without written permission.

Redactive Media Group Ltd, 71-75 Shelton Street, London WC2H 9JQ