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The Actuary The magazine of the Institute & Faculty of Actuaries

A globalised actuarial profession in 2020

Readers of The Actuary will recall that the June edition ran a news piece called “A short break in Cape Town?” Readers were encouraged to take a trip to South Africa in March 2010 and have the opportunity to experience one of the most attractive, vibrant and cosmopolitan places on the planet, as well as meeting young actuaries from around the world and expanding their actuarial horizons. The Profession’s International Committee invited younger members to enter an essay competition with a £2000 prize to help with the costs of attending the 29th International Congress of Actuaries.

The June piece generated a great deal of interest and several essays were submitted. The standard was very high and the judges enjoyed reading them. The winning entry was submitted by Marian Elliott, seen here receiving her prize at the Institute Sessional meeting on 2 November from Michael Pomery, chairman of the International Committee and one of the judges. In handing over the prize, Mr Pomery said: “The judges thought that your essay contained a wide-ranging analysis, covering mortality, investment, pensions, life and non-life insurance and newer areas of actuarial practice. It showed much innovative thought and was engagingly presented in a lively and creative way. It was just the right length and was readable and entertaining.”

Ms Elliott’s winning essay can be found here.