Actuaries are being invited to join a pioneering mentoring scheme designed to improve diversity at senior levels within the profession. Research by the IFoA has demonstrated that non-retiring female actuaries leave the profession at the average age of 40 some 13 years earlier than their male counterparts. The scheme seeks to address this by offering female mentees ongoing career advice and support for the duration of the programme.
Actuaries are being invited to join a pioneering mentoring scheme designed to improve diversity at senior levels within the profession. Research by the IFoA has demonstrated that non-retiring female actuaries leave the profession at the average age of 40 - some 13 years earlier than their male counterparts. The scheme seeks to address this by offering female mentees ongoing career advice and support for the duration of the programme.
The IFoA is fully supportive of the scheme. Nick Salter, former IFoA president and chair of the IFoA Diversity Steering Group, comments: "The IFoA is committed to promoting diversity and inclusion across the actuarial profession. We are delighted to support this new mentoring scheme, which aims to provide connections, inspiration and education across our sector. This programme is a positive and practical opportunity to help female actuaries to achieve their full potential as they progress."
The scheme is sponsored by Pension Insurance Corporation and will be delivered by the Moving Ahead consultancy. Moving Ahead brings a wealth of relevant experience. With sister company, Women Ahead, it manages the design and delivery of a cross-company mentoring scheme on behalf of the 30% Club, which lobbies for greater female representation on boards. The scheme is the largest of its kind in the country, with 1,250 participants in 2016-2017.
Moving Ahead will match 50 senior male and female mentors with recently and nearly qualified female actuaries. All matches will be cross-functional and inter-disciplinary.
The scheme will be launched in September, but a showcase event will be held in June to provide information for employers. A number of places will be reserved for actuaries working for smaller firms or who want to return to work after a career break.
To find out more or to register your interest, please contact [email protected]
Read the IFoA's diversity research at bit.ly/2qnYjBd