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The Actuary The magazine of the Institute & Faculty of Actuaries

RSA seeks to develop talent

According to Post magazine, Royal & Sun Alliance last month launched a platform to drive product innovation, establish best practice in the group, and retain and attract promising staff. RSA claims the Technical Academy will also strengthen its abilities in the underwriting, claims, and actuarial areas.

It will initially consist of ten fellows, 47 senior members and RSA technical staff. It will be governed by a strategic board – including group chief executive Andy Haste and UK chief executive Bridget McIntyre – and an operating committee.

Among the Technical Academy’s objectives will be to fast-track experts into senior positions, internally and from the industry; provide structured career pathways with the opportunity of international rotation; enable cross-function career opportunities; and establish mentoring programmes.

To tie in with the launch, RSA is also establishing a bi-annual global forum - the first of which was held last week in Marlow and attended by 138 people – to bring staff from around the world to one location to share best practice and expertise, as well as a global intranet, which provides access to a database of in-house experts on a range of issues and topics.

Hayley Robinson, technical capability development director, said: ‘This is about developing our people and about attracting new talent to RSA and the industry. This can only serve to improve the business and customers’ experiences.’