Actuaries have long been involved in assessing risk and creating solutions to manage the costs and other financial consequences arising from serious illness. Actuaries in this area usually work closely with academics, medical professionals, underwriters, claims assessors, and other experts to understand the key risks. They work on creating a range of solutions for both individuals, as well as employers and governments.
Some of the solutions actuaries help to design and manage include:
Health and care is truly a cross practice area, as it touches on life, pensions, risk management, and resource and environment. Its outputs in the areas of research and continuing professional development (CPD) impact actuaries working in a variety of fields.
Explore all the IFoA’s active health and care research working parties.
We are looking for speakers at our in-person event on 18 June in London and for webinars throughout the year.
The Health and Care Board actively influences the environment in which actuaries practice. It is a member-led board run by senior volunteer actuaries and advises the IFoA on important health and care issues.
The board operates within a terms of reference laid out in the IFoA’s governance manual. It supports the IFoA Council in the delivery of our strategy.
Further information for volunteers, including tips on how to chair a meeting, can be found in our Volunteer Information Pack.
Membership is drawn from a broad cross-section of the life insurance community to ensure full coverage of all protection, health, and care insurance-related issues. In 2023 to 2024, its members are:
The board and its subcommittees are committed to ensuring their members are educated and practice in an environment of the highest standard. Notably, the board and its subcommittees are responsible for:
We would like to hear your views on how we can better communicate and engage with you on what is happening within the practice area.
The Health and Care Board have created this survey and would greatly appreciate it if you could take a few minutes to complete the survey and share your views as a community member on how we can engage more effectively with you on all upcoming health and care matters.
To help foster and grow the health and care community we’ve established the Health and Care Practice Area IFoA LinkedIn group. Please join the discussion to help shape the future of the health and care practice area and debate the key issues of the day.
The Health and Care Board sets key objectives annually for, has oversight of, and is supported by the:
The Health and Care Research Sub-committee ensures a strong research output in the health and care practice area through member-led research.
The sub-committee oversees all research in the practice area, including:
Membership is drawn from a broad cross-section of the health and care community to ensure that a spectrum of specialties and topics are investigated.
The sub-committee is supported by the IFoA Communities Team.
The sub-committee operates within a terms of reference and supports the IFoA’s Council in the delivery of its corporate strategy.
The Health and Care Lifelong Learning Sub-committee ensures that education and CPD requirements are coordinated and constantly evolving for the benefit of health and care actuaries and all members.
The sub-committee oversees all education and continuing professional development (CPD) needs. Notably, the sub-committee is responsible for:
The sub-committee is supported by the IFoA Communities Team and Education Actuary Colin Thores.
Membership is drawn from a broad cross-section of the health and care community to ensure that a spectrum of specialties and topics are represented.
The sub-committee operates within a terms of reference laid out in the IFoA’s governance manual. It supports the IFoA’s Council in the delivery of its corporate strategy.
For more information about any of our practice areas, please email the Communities Engagement Team
