The actuarial profession; flourishing in challenging times

Video: The actuarial profession; flourishing in challenging times

Presidential Adress 2022 by Matt Saker  [27:46]

Institute and Faculty of Actuaries

The professions as we know them today are largely a product of the 19th and 20th centuries. Their rise over this period was primarily driven by growth in population, trade and societies, and they were built on the development of knowledge and expertise for which demand spiralled. 

“Actuary: a person who compiles and analyses statistics and uses them to calculate insurance risks and premiums”

Now, while it is true that actuaries do this work, this definition feels more like something you would have come up with if you were defining what actuaries did in 1848, when the Institute of Actuaries was first established. 

Of course, we all know that these days actuaries do far more than this, but do others?

How the actuarial profession can grow, influence and lead in a rapidly changing world. Matt delivered his Presidential address, 'Flourishing in challenging times' on 16 June 2022.

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