Application closing date: 26 January
The Periodic Payment Orders (PPOs) Working Party is seeking to appoint additional qualified actuaries to join this established group. We are especially keen to speak with actuaries currently working for UK motor insurers who can help us establish stronger relationships with those companies.
The working party’s primary purpose is to provide analysis and trending on PPOs for the benefit of any interested parties – actuaries or otherwise. This analysis is freely available to all on the IFoA’s VLE.
This analysis is based on anonymous data contributions that are provided by several major UK motor insurers, that are then aggregated to give a market-level view. We would ask any new member to be our first point of liaison for that insurer and to help us to grow a relationship with them.
The working party also engages in thought provoking discussions about PPOs with a variety of interested parties outside of the actuarial industry. For example, recent invitees to our working party meetings include members of the MIB, GAD and claimant solicitors. Through these guest appearances we strive to broaden our understanding of PPOs, from one of facts and figures to a more rounded understanding of their nature and societal impact.
Finally, we are seeking an experienced actuary with a view to succession planning for the role of chair of the working party. Our intention is to move towards a point of handover of this role following a period of collaboration.
The working party meets online on a monthly basis. The time commitment is typically 30 minutes to one hour per month. There are also occasionally opportunities to present at conferences.
If you are interested in this role but would like an informal conversation before applying, please email us at engagement.team@actuaries.org.uk.
If you have read all the above and would like to apply, please send us:
Please email all the above to engagement.team@actuaries.org.uk. Please note, we are unable to accept late applications.
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