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  • March 2023
Opinion

Just the job

Open-access content Wednesday 1st March 2023
ioh

I wonder if the cover has prompted you to consider your options? Now might just be the right time for your next move, given the promising climate for actuarial job hunters (p24).

Find more inspiration along these lines in our feature highlighting the stellar careers of three women who have been making their mark in top actuarial jobs across Asia (p33). It’s also a fitting nod to International Women’s Day on 8 March – as a magazine, we look forward to seeing more women in senior positions.

It can be hard to listen to others. We all think we do, but… really listen. For the second article in our new soft skills series (p38), former IFoA president Tan Suee Chieh describes his experience of how beneficial and career advancing this underrated art can be.

Listening is also the thrust of Marco Spagnuolo’s piece ‘Seek cover’ (p27). He argues that life insurers must engage with their customers more than ever right now, to keep up their premia while they’re feeling the pinch. Indeed, the European Central Bank has raised interest rates by three percentage points since last summer and markets expect at least another percentage point before rates peak.

With the economic situation these days, it’s understandable that people are increasingly mindful about where they invest their money. On page 14, Tony Burdon, the CEO of campaign Make My Money Matter, urges us to think about how our pension savings impact on the world.

Finally, something totally gratis – and close to my heart. In ‘Free for all’ (p17), I share my passion for contributing back to the profession through open-source software. 

Happy reading!

ACT Mar23_Full LR.jpg
This article appeared in our March 2023 issue of The Actuary .
Click here to view this issue

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Meaningful leadership

When the IFoA was formed in 2010, our two predecessor bodies agreed the governance arrangements that we retain today: an elected governing Council, a Management Board that bridges our organisation’s strategy and operations, and an Executive that advances the IFoA day by day.
Wednesday 1st March 2023
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Meaningful change

When the IFoA launched its latest strategy in early 2020, we also launched a fresh organisational purpose: to be the voice of actuaries, and to support, develop and be the voice of our members.
Wednesday 1st March 2023
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Staying engaged

Along with Matt, I wish to say well done to everyone who has just qualified. He and I visited Singapore and Malaysia at the end of last year and had the privilege of meeting some of our new qualifiers there.
Wednesday 1st February 2023
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New way ahead

Happy New Year, and congratulations to our recent qualifiers. It’s an amazing achievement, and will provide a solid foundation on which to build a long and successful career. That’s in the future – for now, please enjoy the moment!
Wednesday 1st February 2023
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Going for it

Welcome to the first issue of 2023. This year has already got off to a good start for many, not least the students who have just qualified.
Wednesday 1st February 2023
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Book review: A Risky Business

A familiar question for actuaries, student or qualified, is: ‘what does an actuary do?’. Friends, work colleagues, US immigration officers and non-executive directors alike have all asked me this at some point. We tend to develop our own responses – ‘insurance maths’, ‘financial projections’ and so on – to move the conversation along, but they probably aren’t great.
Wednesday 1st February 2023
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Latest from Opinion

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Make it rewarding

I am often asked, ‘What is the point of the IFoA?’ I usually reply that our role is to enable our members and future members to have professionally and personally rewarding careers and to feel part of a professional community that is making a difference.
Wednesday 30th November 2022
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Widening our scope

The first pillar of the IFoA’s current strategy is to reposition the profession. In simple terms, this means moving away from the stereotypical view that actuaries are largely analytical individuals and instead recognising the breadth of skills and talents they are able to offer in new domains and industries. Put another way, we want to ensure that the skills and abilities that actuaries already bring to our traditional areas of work are utilised in wider fields
Wednesday 30th November 2022
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Wider fields of vision

A chief investment officer, a property surveyor and a tax professional walk into a bar – and they are all actuaries.
Wednesday 30th November 2022
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Latest from March 2023

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New online forum 'IFoA communities' – now live

IFoA communities is your new online digital community. Here’s how to get started on the platform
Thursday 2nd March 2023
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Is anybody out there?

There’s no point speaking if no one hears you. Effective communication starts with silence – this is the understated art of listening, says Tan Suee Chieh
Thursday 2nd March 2023
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By halves

Reducing the pensions gap between men and women is a work in progress – and there’s still a long way to go, with women retiring on 50% less than men, says Alexandra Miles
Thursday 2nd March 2023
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