As the new President of the IFoA I could not have picked a more turbulent time to assume the role – Brexit, a minority government, President Trump, technological leaps forward and the shifting tides of global politics make this an interesting period for actuaries everywhere.
Thus the theme I have chosen for my Presidential year is ‘Advancing the Profession’. The work of the IFoA’s Policy and Public Affairs team fits directly into this. For example, the opportunities for the profession posed by advances in data science are being explored in a number of ways, through policy papers, and the forthcoming Data Summit and Autumn Lecture (see more below).
In these uncertain times, the way that the profession rises to new challenges will define it, and secure its future. What we do to ensure that we remain relevant and make our voice heard, is the primary focus of the Policy and Public Affairs team. The IFoA will continue to promote actuarial science in the public interest when taking our message to policymakers and beyond.
If you have questions about any of the items in this newsletter, ideas for future policy work, or suggestions for how we could improve, please do get in touch: policy@actuaries.org.uk.