Please note: All roles in working groups, practice committees, task forces, programs, boards and other committees/GROUPS are required to be advertised for applications.
Volunteers needed for Superannuation and Investments Practice Committee (SIPC) subcommittees.
Directly reporting to the SIPC, various subcommittees (including the newly branded IASC) are currently looking for volunteers to assist:
Legislation Subcommittee with Paul Shallue:
- The Legislation Subcommittee monitors legislative developments that may impact on actuaries practising in superannuation and identifies issues that may merit a submission from the Institute and/or may require updates to existing professional guidance, or new guidance to be prepared. As a Committee Member, you can contribute in a number of ways such as impact analysis, drafting of submissions, drafting of guidance material, and helping keep other actuaries informed.
- Please contact Paul Shallue to find out more.
Superannuation Projections and Disclosure Subcommittee (SPD) with Estelle Liu
- The SPD’s main objectives are to position the actuarial profession to be thought leaders in superannuation projections and disclosure issues, and to provide support for actuaries practicing in this area, especially relating to benefit projections and disclosure of fees, costs, and investment performance.
- We specifically focus upon:
- Benefit projections whether mandated, standardised, or voluntary.
- Legislated or regulated disclosure for superannuation regarding fees, costs, investment performance, or projections.
- League tables published by government bodies.
- Comparisons of superannuation funds in the areas of member outcomes, including fees, costs, investment performance, and projected outcomes.
- Professional Standards, Professional Guidance, Information Notes and Prudential Standards relevant to our main objectives.
- There are currently 14 members, and we meet monthly. Our recent and current activities include:
- Promoting Actuarial expertise in retirement income projections and calculators.
- Led recent submission to ASIC CP351 on Superannuation forecasts and is currently working through implication of ASIC new Instrument 2022/603 and RG276.
- Engagement with APRA, ASIC, Treasury, and major industry bodies on developing a long-term risk metric to be used alongside the standard risk metric.
- Working cross-committee and contributing to key policy submissions including Quality of Advice Review, issues re ATO comparison tool, Your Future, Your Super and the formation of international good practice for pension projections.
- Our new member will preferably have a background and current position in the superannuation industry, with an interest in retirement benefit modelling. Our current membership includes a variety of backgrounds: investments, superannuation consulting, research, and regulation. Please contact Estelle Liu if you would like to find out more.
Investments and Advice Subcommittee with Philip Chu
- The Wealth Management Subcommittee has been official rebranded to the Investments and Advice Subcommittee (IASC). The rebranding aims to make it clearer the focus of the subcommittee, including its new aim to be more customer centric with a focus on investments and advice issues. Under this new direction, the SIPC believe the subcommittee will have broader appeal to members, rather than focusing on the being limited to those who practice wealth management.
- The IASC is currently calling for volunteers. Should you wish to engage with the newly named IASC or learn more, please reach out to Philip Chu.
JOIN THE LIFE INSURANCE PRACTICE COMMITTEE
The Life Insurance Practice Committee (LIPC) is seeking expressions of interest from Members to join the Committee to fill up to three vacancies. The current Chair of the LIPC has also indicated his intention to step down at the end of the year, and the Institute is keen to see a smooth changeover. A new Chair will be selected from the group of continuing and new LIPC members.
The LIPC has several key functions, including:
- contributing to the strategic direction of the Institute;
- actively supporting the development of actuarial practice through the Institute’s education, CPD, standard-setting, public policy and research activities; and
- actively identifying and promoting opportunities for members working in life insurance and facilitating communication and liaison within the profession.
The LIPC meets monthly, and members generally contribute about 30 hours to the Committee each year, through meeting attendance and involvement in their nominated focus areas.
More information about the LIPC, its activities and the practice area can be found here.
Committee member roles
The LIPC seeks to ensure that, amongst its membership, there is a wide spread of experience and expertise. Specific areas of expertise that would be valued in appointing new members to the LIPC include:
- reinsurance experience;
- a current role in a large life insurer;
- a current Appointed Actuary; and
- product development or product management experience.
The Chair is accountable for the practice committee fulfilling its functions. As part of this, the Chair has formal regular duties to undertake including:
- chairing monthly LIPC meetings; and
- periodically briefing Council on LIPC activities/issues.
The successful candidate for the role of Chair needs to have strong leadership, communication and teamwork skills.
Other criteria that will be considered for both the member and Chair roles include:
- an interest in, and ability to contribute to, current life insurance topics, including the emerging trends that are of most interest to life insurance actuaries;
- the ability to help drive the direction of the Actuaries Institute’s focus as it relates to support for life insurance actuaries;
- the level of experience in life insurance, either practising as an actuary or in other roles; and
- the ability of the applicant to add to the diversity of experience and views within the LIPC.
To apply, please send your CV to Kelly Holcroft, the Institute’s Member Engagement Manager by 30 September 2022. Members wishing to discuss aspects of the role should contact the LIPC Chair, Anton Kapel by email.
Actuaries Digital Editors - multiple positions
Actuaries Digital is seeking applications for the roles of Superannuation & Investments and Life Insurance editors to join its Editorial Committee.
These roles present a great opportunity to have your say, display your leadership, show off your written/verbal communication skills, and help share thought leadership and news with the profession.
We’re looking for anyone who:
- has a passion for showcasing your expertise and highlighting newsworthy stories throughout the areas of Life Insurance/Wealth Management/Climate Risk/Diversity & Inclusion;
- are eager to contribute to the Actuaries Institute in a professionally rewarding way; and
- want to raise their career profile.
What do you need to do?
- Identify topical issues of relevance to actuaries and your editorial portfolio and source content opportunities for Actuaries Digital;
- review articles for suitability for publishing, relevant to your editorial portfolio; and
- attend monthly Actuaries Digital Editorial Committee meetings.
This volunteer opportunity involves 1-2 hours per week commitment and a monthly 30-minute editorial meeting. Successful candidates will also receive support from the Institute’s Communications and Marketing Team, who are responsible for production requirements.
Are you interested?
Please send your CV to Richard Bannon, Senior Communications and Marketing Specialist.
Call for Volunteers - Young Actuaries Linkedin Group
The Young Actuaries Actuaries Advisory Board are seeking interested volunteers to curate, create and manage the 'Young Actuaries' LinkedIn Group.
We have two roles available. Duties include;
- Sourcing relevant articles, news, events and content to post in the group
- Removing irrelevant and spam posts
- Creating polls to generate engagement
- Community management e.g. removing spam, approving new requests
You will receive training on all duties.
If you are interested, please contact the Comms team.
PS Don't forget to join the Young Actuaries Linkedin Group.
VOLUNTEER OPPORTUNITY: PHONECALL SUPPORT SERVICE TO ISOLATED STUDENTS
Would you be available to assist students who may be isolated and could benefit from telephone call support for reassurance and wellbeing?
If this sounds of interest please email the Education Team for further information.
This page will be updated regularly with new and existing vacancies. In the meantime, please send any volunteering expressions of interest to firstname.lastname@example.org