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The Actuary The magazine of the Institute & Faculty of Actuaries

Sustaining university research communities

Having a continuing presence in universities of researchers committed to the development of actuarial science is vital to the long-term health of the profession and actuarial science and will form the backbone for future research and help support the competence of members (both current and future generations).

In order to build and sustain university research communities, the Profession needs to see a new generation of PhD students and researchers regarding this as a vibrant field where they can progress and have interesting and fruitful careers. This applies not only to the traditional actuarial centres of excellence but also 
to the new group of universities attempting to grow their research base following on from accreditation in actuarial teaching.

Academic actuaries are also required to engage fully as members of the UK and international community through attendance at conferences and other events.

The Profession is therefore seeking 
to support university communities through three routes:

• By part-funding some PhD studentships in the UK to start between September 2011 and September 2012 inclusive. The Profession will consider funding up to 50% of the full studentship costs.

• By funding academics to attend conferences and other events, covering costs such as travel, accommodation and registration fees. These can either be applied for on an individual basis or a university can apply for a bulk grant to minimise administration.

• The Profession would welcome applications for helping pump prime research in areas of actuarial interest.

Applications are invited from 
UK universities or universities that have accredited courses with the UK Actuarial Profession. The closing date is 
30 September 2011 for PhD studentships, bulk grants for conference attendance, and pump-priming grants.

This may be a tight timescale to agree a fully worked up proposal for a PhD studentship and so the Profession is happy to receive expressions of interest in this area if a fully agreed proposal is not yet finalised.

For more information please see 
http://tinyurl.com/4xac34c or contact 
Ruth Loseby on ruth.loseby@actuaries.org.uk