Explore our DEI strategy, news, blogs, data and reports, member activity, and resources
As a global professional body with more than 32,000 members in over 100 different countries, we recognise, value, and embrace the importance of diversity.
We are the voice of our members and the profession in a rapidly changing world. We take bold positions on the big issues of the day and those of real consequence. Diversity, equity, and inclusion (DEI) is one of them.
On this page you can read our 5-year strategy and explore our DEI news, data, and reports.
We are committed to championing and embodying the benefits of a globally diverse and inclusive profession, delivering lasting and ongoing cultural change. We drive this forward by working with the member-led Diversity Action Group, our internal DEI colleague group, partners, employers, and our global membership.
This allows us to listen to and learn from individuals and groups. It enables us to focus on delivering targeted initiatives, and support, to make a difference.
All employees and members are welcome to be part of their respective groups and are encouraged to join the conversation. Collaboration is central to our approach and at the heart of our decision making.
Leadership and culture, entry into the profession, actuarial work, and how we support our members.
Our statement on the Financial Reporting Council’s research on gender imbalance among UK qualified actuaries.
Our members play a vital role in the growth of a globally diverse and inclusive profession. We are committed to ensuring that a diverse range of views and voices are amplified in the delivery of our strategy activities.
Our work on diversity is supported by the Diversity Action Group, comprised of volunteer IFoA members.
“We have made some important steps forward in the last 2.5 years since the launch of the IFoA DEI Strategy. In this time, the Diversity Action Group (DAG) has taken on the role of working collaboratively with the IFoA to support the implementation of the strategy and acting as a critical friend. When the strategy was launched, we envisaged a profession that was accessible and inclusive, and where all actuaries – current and future – can thrive. This was never going to be a short-term initiative, and the challenge is to maintain progress. The Diversity Action Group looks forward to further engaging with members alongside the IFoA on its continued path in the years ahead.”
– Chika Aghadiuno, Chair of the DAG managing committee
Learn more about the Diversity Action Group
AMP is a pioneering global mentoring initiative designed to improve diversity within the actuarial profession. And its impact is truly tangible, with 65% of mentees* progressing in their career.
The programme is delivered by Moving Ahead with the support of the Institute and Faculty of Actuaries (IFoA) and sponsorship from the Pension Insurance Corporation (PIC). It features:
Learn how AMP can support your organisation
*2021 to 2022 programme
“Our ambition is high, and we are seeking to be bold” – Chika Aghadiuno, Chair of the Diversity Action Group managing committee
As part of our DEI strategy, we are committed to publishing DEI demographic data for our key boards, and working to improve and expand the data we hold for our membership overall. Our most recent reports and data include the below.
The VLE’s DEI hub pulls together the best of the IFoA’s latest resources and events on the topic.
Actuary and neurodiversity consultant, Alicja Nocon, blogs on attracting and retaining neurodiverse talent.
The IFoA and its members have long had a deep and abiding belief in diversity, equity, and inclusion, rooted in our commitment to act in the public interest and for the good of society. Embracing diversity of thought and perspective is essential to the role of an actuary. – IFoA DEI strategy
We recognise the value and importance of working with other organisations and professional bodies to support, learn, and develop best practice. Find out more about some of the key organisations we work with, and how they may be able to support you, below.
Progress Together’s latest data report is the largest of its kind globally. It examines the link between socio-economic background and progression to the most senior and influential positions in UK financial services.
Building on the inaugural data collection in 2023, the 2024 report reveals that:
To learn more, see:
This research report brings together qualitative input from colleagues from lower socio-economic backgrounds working in the financial services in the UK. The document identifies underlying biases that hinder retention and progression of colleagues from lower socio-economic backgrounds with a set of clear recommended actions (rooted in behavioural science research) for individuals, managers and organisations to promote positive change.
Find out more about the City of London taskforce, including the:
Learn more about Progress Together
GAIN (Group for Autism, Insurance, Investment and Neurodiversity) is an industry-wide initiative, committed to championing neurodiversity in the insurance, investment, and related financial services industry.
The Diversity Project is a cross-company initiative championing a truly diverse, equitable, and inclusive UK investment and savings industry. It has over 108 members, representing more than £13 trillion assets under management and over 85,000 employees.
Find out more about Diversity Project and read its latest impact report.
“We are embracing a progressive DEI strategy that considers our varied stakeholders as it is the right thing to do.” – Marjorie Ngwenya, IFoA President 2018 to 2019
