Deputy Chair of the Board of Examiners

The Institute and Faculty of Actuaries (IFoA) is seeking to appoint an appropriately experienced individual as Deputy Chair the IFoA’s Board of Examiners. We are looking for both a Lay Deputy Chair and an Actuary Deputy Chair.

We encourage applications from a diverse range of potential candidates, in terms of, but not exclusively gender, age, disability and ethnicity, as well as reflecting the geographical spread and practice areas of our membership.

Task specification

The IFoA is the UK’s only chartered professional body dedicated to educating, developing and regulating actuaries based around the globe. We have a worldwide membership of over 30,000 of which over 50% are student members. 47% of our membership and 64% of our students are based outside the UK, reflecting the increasingly global nature of actuarial practice.

The IFoA Council sets the strategy, with Executive staff responsible for its execution. The IFoA Board is responsible for the oversight of delivery of specific aspects of this strategy related to the pre-qualification education of actuaries, and their continuing professional development and lifelong learning. The IFoA Board delegates the oversight and assessment of the qualification standards to the Board of Examiners.

The Board of Examiners has the following responsibilities

  • To safeguard and monitor the academic standards of the IFoA qualifications.
  • To ensure that assessment, marking and moderation processes are appropriate, rigorous and fair.
  • To ensure equity of treatment for students.
  • To ensure that the assessments have been conducted within the IFoA’s regulations and guidance.
  • To confirm subject marks and determine the pass list for each subject.
  • To identify and highlight any issues for discussion at IFoA Board or Education Committee.
  • To consider any matter referred to it by IFoA Board.

The Deputy Chair of the Board of Examiners will be expected to work collaboratively and in support of the Chair and IFoA Executive Staff to: 

  • Ensure that the Board carries out its responsibilities in a proper and impartial manner and in accordance with the IFoA governance.
  • Make sure that all the responsibilities of the Board are met, and that the Board is properly constituted.
  • Make certain that the secrecy of the exam papers is maintained.
  • Provide high level oversight during the creation of examination materials. 
  • Confirm that all assessments have been comprehensively and consistently marked and moderated.
  • Lead an Assessment Regulations investigation panel to consider and resolve any allegations of breaches to the Assessment Regulations.
  • Consider and sign off any appeals that move to a pass.
  • Make a judgement and sign off assessment prizes.
  • Sign off the minutes from each Board meeting.
  • Lead the Mitigating Circumstances panel in key decision making providing independent judgement.
  • Be responsible for all communications between the Board of Examiners, the Education Committee and IFoA Board.
  • Contribute to an annual report on the candidate performance and assessment procedures for submission to the IFoA Board.
  • Support the IFoA Executive team in the development of new assessment process and procedures.
  • Act on behalf of the Board of Examiners outside the meetings where the matter is urgent or where for some reason the Board of Examiners does not have sufficient information or is for some other reason unable to reach a decision in the meeting.
  • Lead the Board in fostering a mutually respectful relationship with the IFoA Executive team.

Reporting

The Deputy Chair of the Board of Examiners will report to the Chair of the Board of Examiners.

Tenure 

The Deputy Chair will be appointed for a period of two years.

Time commitment

The Board of Examiners meets twice a year for a full day and participation will be via face-to-face meetings, by telephone or video conference call. The timings of the meetings are arranged to be sympathetic to the times zones of any international members.

The IFoA inappropriate conduct review and appeals processes are conducted twice a year and requires Board representation to undertake the Chairing of the panel meetings. This work is shared among the Board Chair and two Deputy Chairs annually.

The role also requires attendance at the mitigating circumstances panel which takes place the day before of the Board meeting and an afternoon is required as well as preparation time reading the cases for consideration. Participation will normally be via conference call.

The Deputy Chair of the Board will support the Chair, to review draft exam papers where concerns arise with assessment expectations/standards. They may need to attend Exam paper scrutiny meetings to ensure the IFoA quality standards are met. 

In addition to these meeting there will be follow up actions and communications between meetings by email and telephone, along with an annual examiners meeting.

Annually, the IFoA runs a briefing day for Chief Examiners and Examiners. The Deputy Chair will be expected to attend and may support the Chair with presentations. 

The role is an ex officio member of the Education Committee. The Education Committee meets five times each year for half a day and participation will be via face-to-face meeting in London, by telephone or video conference call. The timings of the meetings are arranged to be sympathetic to the times zones of any international members.

The total annual time commitment is around 15 days per annum (approximately 105 hours).

Remuneration

The appointment will be remunerated through the IFoA payroll. The fee (gross) is £600 per day, payable per annum, plus out of pocket expenses in accordance with the IFoA’s Volunteer Expenses Policy.

Person specification

Essential

  • Experience of maintaining examination standards either within the IFoA, within another professional body or within an actuarial department in an academic environment.
  • Ability to exercise independent judgement and to think objectively.
  • Strong and effective communication and interpersonal skills.
  • Recognising the need to respect cultural and language differences.

Desirable

  • Experience as an effective Chair.
  • Understanding of the current IFoA’s pre-qualification processes.
  • Awareness of advances in the education sector that could support current and future members.
  • Understanding of the strategy of the IFoA, particularly its education strategy.
  • An appreciation of the challenges facing professional bodies.
  • Experience of helping or supporting a business with global expansion.

How to apply

To apply, please email hrsupport@actuaries.org.uk providing the following information by the closing date of 16 May 2025:

  • Your CV and full contact details
  • A cover letter (maximum 500 words) with a synopsis of your relevant background and experience, a note of your reasons for wishing to take on this role, and an overview of what you feel you could bring to this role.

IFoA’s values

The role holder must be an ambassador for and demonstrate the IFoA Values in all aspects of their work.

  • Member-focused: We put members at the heart of everything we do
  • Action-oriented: We work hard, we work smart, and we take pride in getting things done, valuing action over perfection
  • Forward- and outward-looking: We’re always looking to be bold and improve, innovate and take the next step
  • Team-driven: We work in partnership, advancing together as one IFoA

Alternative format and adjustments

Please email the HR Team if you require:

  • any information regarding our vacancies in an alternative format
  • any adjustments to support you to fully participate in any part of the application and recruitment process

Any information shared will be used only to enable us to make reasonable adjustments to support candidates to participate in the recruitment process. It will not inform selection decisions.

You can reach us at HRsupport@actuaries.org.uk.

Diversity, equity, and inclusion

The IFoA encourages applicants from a variety of backgrounds and experience and welcomes diversity with regard not only to protected characteristics but also diversity of thought. Diversity, equity and inclusion are more than just words for us. That’s why we are committed to creating a culture where everyone feels included and respected, and where no one is unfairly discriminated against. Consequently, we promote diversity, equity and inclusion in all our policies, practices and procedures, and actively encourage applications from a diverse range of potential candidates. All applications for our roles are considered on merit alone, and if you don’t meet all the criteria but believe you have something to offer, we want to hear from you. For more information on our commitments, please see our DEI strategy page.

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