Asia International Working Party

The General Insurance (GI) Asia International working party provides a forum for GI actuaries to explore local and international GI issues specifically impacting members in the Asia region.

Proactive volunteers who have a passion for advancing the profession and the time to contribute are encouraged to get involved. The opportunity is open to both members of the IFoA and to non-members who are working in the GI sector. We welcome applicants who have extensive experience, as well as those who are newer to the profession, including students. There is no requirement to be located in the Asia region, but prospective members should be interested in working on Asia-specific projects.

We are ideally seeking volunteers who have:

A background in the GI Practice Area and a desire to contribute to the advancement of the GI IFoA community in Asia
Experience of strategic processes, research, communications, and programme or events development
A good network of contacts within the Asia region and the enthusiasm to further grow this network

Time commitment

A minimum of one hour every month for working party meetings in addition to one to two hours per month for those actively contributing to the working party’s output
The time commitment may increase towards the preparation and delivery of outputs (for example drafting surveys, preparing and delivering presentations at conferences, conducting research)

Please note: meetings will be held via video conferencing/conference call every two weeks. Attendance at the main monthly meeting is compulsory (with reasonable exceptions allowed), whereas attendance at the second meeting is encouraged but optional. Volunteers are not required to travel to participate in this working party, nor to meet in person, but members in the same location may take the lead in coordinating meetings in their offices or dialling in together, if they wish.

Research areas

Current areas of research include the following:

Inflation impact on Asian (re)insurers
Malaysian Motor Inflation
Cyber risk in Asia
Regulatory hot topics in Asia (currently focused on IFRS17)

Past areas of research:

Artificial Intelligence: Trends and Challenges on Insurability
Data science for actuaries survey (focused on Asia)
Solvency Regimes in APAC: Implementation Progress and Potential Impacts
Non-life Insurance Market Outlook in Asia
Embedding ESG into Insurance
C-Ross updates from China

If you are interested in this role, but would like an informal conversation with the Chair, prior to submitting your application, please contact the Engagement Team at engagement.team@actuaries.org.uk.

Next steps

If, having read the documents above, you would like to express an interest in volunteering to join this board, please contact the Engagement Team at engagement.team@actuaries.org.uk. When contacting us please provide:

brief details of your relevant experience
your reason(s) for wishing to get involved
a note of your ARN, if you are a member of the IFoA
for non-members, a brief copy of your CV and full contact details
confirmation that you have read, understood and agree to the information and requirements laid out in our Volunteer Information Pack (VIP). Please be aware that until we have received this confirmation, we will not be able to appoint you as a volunteer

What you need to know

Volunteering provides you with a wide range of opportunities. With all rights and opportunities come responsibilities and we ask all our volunteers to comply with the terms of the IFoA’s Governance Manual and Volunteer Information Pack (VIP). Before offering to provide support, please read through ‘what you need to know’.

Practice areas

The practice area that relates to this vacancy is general insurance. To learn more, see practice areas.

Asia International Working Party – members