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The Actuary The magazine of the Institute & Faculty of Actuaries

Joint Councils approves corporate plan

The Joint Councils of the Faculty and Institute has agreed and published the corporate plan for 2010-1. The plan will direct and concentrate the efforts and energies of the Profession as it continues to work to ensure that it provides and delivers the level of professional support that members have come to expect.

There are five themes in the plan this year, all designed to promote the profession and offer first-class support and professional development for members. The themes are:

Develop strong and supportive relationships with the employers of our members
To provide world-class customer service and build relationships with employers by better understanding their needs.

Ensure members understand the need to keep their skills and knowledge current and relevant
To ensure members have the appropriate and relevant skills and knowledge to develop their career.

Maintain the high standards of our quality framework against the measures of actuarial quality developed by the Financial Reporting Council
To demonstrate the public confidence in the quality and expertise of the actuarial skill-set.

Demonstrate the value of actuaries as experts in risk management
To establish the Profession as an eminent professional body for experts in risk management in traditional and nontraditional areas.

Establish the Profession as a thought leader in the financial sector
To develop the reputation of the Profession as a thought leader, contributing to public debate and matters of public interest, and ensuring that the actuarial viewpoint and knowledge is recognised and valued by employers, regulators, media and other external organisations.