How well are you representing your 100,000? | The Actuary

With some 70,000 qualified actuaries (from the IFoA and other associations) and a global population of more than 7 billion, there is one actuary per 100,000 people, compared to one lawyer and one accountant per 1,400 people. So how representative are we of the global population? by THE ACTUARY TEAM.

Photo: iStock

The Diversity Advisory Group (DAG) is an IFoA member interest group committed to supporting the IFoA in developing, delivering and evolving its strategic diversity objectives, as set out in its Diversity Strategy and Diversity Action Plan. Earlier this year, the IFoA, on behalf of the DAG, issued a Diversity and Inclusion (D&I) survey through the IFoA’s online members’ feedback group the 400 Club, with over 90% responding. Many responses were positive about the progress of the IFoA, and DAG, on D&I in recent years. However, the survey highlighted a number of areas that would benefit from further improvement. These were:

Schools engagement; socio-economic inclusion

Many responders indicated that they would like the IFoA to do more with schools to encourage diverse future generations of actuaries. There was also a desire for this to be targeted at disadvantaged areas and to consider ways in which the IFoA, or members of the IFoA and their employers, may be able to help students from non-traditional backgrounds to pursue a career in actuarial science. The DAG will give this thought, building on the work already undertaken by the IFoA’s careers team. 

The ‘Girls – Count Us In’ STEM events, designed to appeal to girls interested in pursuing a career in STEM and therefore potentially a career in actuarial science, are examples of good activites already under way during the past year.
Read more...

Source: The Actuary