Skip to main content
The Actuary: The magazine of the Institute and Faculty of Actuaries - return to the homepage Logo of The Actuary website
  • Search
  • Visit The Actuary Magazine on Facebook
  • Visit The Actuary Magazine on LinkedIn
  • Visit @TheActuaryMag on Twitter
Visit the website of the Institute and Faculty of Actuaries Logo of the Institute and Faculty of Actuaries

Main navigation

  • News
  • Features
    • General Features
    • Interviews
    • Students
    • Opinion
  • Topics
  • Knowledge
    • Business Skills
    • Careers
    • Events
    • Predictions by The Actuary
    • Whitepapers
    • Webinars
    • Podcasts
  • Jobs
  • IFoA
    • CEO Comment
    • IFoA News
    • People & Social News
    • President Comment
  • Archive
Quick links:
  • Home
  • The Actuary Issues
  • October 2014
10

Non-executive director member interest group meeting 3 November

Open-access content Tuesday 7th October 2014 — updated 5.13pm, Wednesday 29th April 2020

The next meeting of the Non-Executive Director Member Interest Group takes place at Staple Inn Hall on 3 November and is entitled ‘Matching the profile of a suitable non-executive director’

If you hold or have held a non-executive role, or equally importantly, if you're interested in becoming a non-executive director (NED), this will be of interest to you. Those of you who have been to previous NED MIG meetings will know that both the quality of speakers and audience participation has been of a very high standard, so I would urge you to book early.

The line-up for the meeting on the 3 November is particularly strong. Our chair for the evening is Sarah Bates. Sarah chairs the Board of FTSE 100 company, St. James's Place, as well as holding a number of other NED positions. Joining Sarah on the panel we have Malik Karim, founder and CEO of Fenchurch Advisory Services, William Micklethwait, director at specialist NED recruiters, First Flight and Sophie O'Connor NED and chair of Audit at both RMIS and BYN Mellon (International). Our final panellist is Alison Smith. Alison is chief corporate correspondent for the Financial Times, having worked for the FT for more than 20 years.

If you're looking for your first non-executive position and don't know where to start, this could also be a very good first step along the way. As well as coming to the meeting, you should consider joining our LinkedIn group and use this, and the meeting, to network with other actuaries who are either existing NEDs or aspiring NEDs.  

The meeting at Staple Inn Hall will focus on the experiences of recently recruited NEDs together with a view from the boardroom. Importantly, we will also cover what's expected of an NED in this day and age from a regulatory perspective, as well as from a shareholder and consumer perspective.  

Boards are increasingly in the spotlight these days and a non-executive role - particularly one which carries the responsibility of the actuarial qualification - can be a very rewarding and challenging position. The experience of adhering to high professional standards makes actuaries good candidates for NED roles, as well as the obvious actuarial and mathematical skills and their broader business background. However, being an NED also requires other skills that are not always associated with the actuarial profession such as communication, breadth and understanding of non-actuarial topics, and the ability to add value outside of the actuarial profession to other businesses.  

Most NED positions are filled by specialist recruitment companies and by recommendation, so networking and knowing people is clearly very important. However, it is also important that you can show you have thought through what's required of the NED role. These meetings are designed to help inform you and to allow you the opportunity to ask questions directly of people who have already made the transition or who have had experience of hiring non-executive directors.  

If anyone would like any more information about the meeting, please visit http://bit.ly/1rSiWQh.   Please book early as these events have been full in the past and we're hopeful for another good turnout again on 3 November, start time is 17.00 for coffee with the meeting starting at 17.30 with a finish at 19.30 for a chance to network over a glass of wine.

This article appeared in our October 2014 issue of The Actuary.
Click here to view this issue
Filed in:
10

You might also like...

Share
  • Twitter
  • Facebook
  • Linked in
  • Mail
  • Print

Latest Jobs

Senior Underwriting Risk Manager

London (Central)
£85K-£95K + Benefits
Reference
124386

Reserving Manager (Contract)

London (Central)
£1200 - £1400 per day
Reference
124385

Life Actuary - Contract - IFRS 17 Financial Impact

England, London / England, Bristol / North Yorkshire, England
£900 - £1150 per day
Reference
124384
See all jobs »
 
 

Today's top reads

 
 

Sign up to our newsletter

News, jobs and updates

Sign up

Subscribe to The Actuary

Receive the print edition straight to your door

Subscribe
Spread-iPad-slantB-june.png

Topics

  • Data Science
  • Investment
  • Risk & ERM
  • Pensions
  • Environment
  • Soft skills
  • General Insurance
  • Regulation Standards
  • Health care
  • Technology
  • Reinsurance
  • Global
  • Life insurance
​
FOLLOW US
The Actuary on LinkedIn
@TheActuaryMag on Twitter
Facebook: The Actuary Magazine
CONTACT US
The Actuary
Tel: (+44) 020 7880 6200
​

IFoA

About IFoA
Become an actuary
IFoA Events
About membership

Information

Privacy Policy
Terms & Conditions
Cookie Policy
Think Green

Get in touch

Contact us
Advertise with us
Subscribe to The Actuary Magazine
Contribute

The Actuary Jobs

Actuarial job search
Pensions jobs
General insurance jobs
Solvency II jobs

© 2022 The Actuary. The Actuary is published on behalf of the Institute and Faculty of Actuaries by Redactive Publishing Limited. All rights reserved. Reproduction of any part is not allowed without written permission.

Redactive Media Group Ltd, 71-75 Shelton Street, London WC2H 9JQ