Life Insurance Artificial Intelligence and Automation Working Party – Chair, Deputy Chair and members

Application closing date: 29 June

The IFoA is seeking to appoint both members and suitably experienced non-members to join the newly formed Life Insurance Artificial Intelligence (AI) and Automation Working Party. 

The working party will aim to explore current use of AI and automation across the full range of work carried out by life actuaries. It will do this by investigating both emerging best practice and longer-term changes driven by new technology. 

We are looking for enthusiastic volunteers with visionary mindsets who are passionate about technology and its transformative potential.

We would particularly welcome volunteers who have experience in the automation of processes (including the use of Python) and in the application of AI techniques (including machine learning, predictive modelling and generative AI) within their practice area, from pricing/product design to assumption setting/reserving and capital management. 

Time commitment

The time commitment will vary but will not be more than a maximum of five hours per month. The working party will consist of monthly meetings lasting around one hour with more regular meetings as required. Meetings will be held via video conferencing and will be arranged at a mutually convenient time for all involved. There is no requirement to meet in person. 

Next steps

If you are interested in this role and 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:

• brief details of your relevant experience including:

• • your experience to date with AI and automation in the life insurance industry including detail of relevant practice areas and projects you have worked on
  • your level of technical expertise in relation to AI and automation
  • specific aspects of AI and automation that you are particularly interested in
  • what you see as the future of AI and automation in the life insurance industry 

• your reasons for wishing to get involved
• your ARN (if you are a member)
• a brief copy of your CV
• confirmation that you have read, understood, and agree to the information and requirements laid out in our volunteer information pack (please be aware that until we have received this confirmation, we will not be able to appoint you as a volunteer)

Please email all the above to engagement.team@actuaries.org.uk. Please note, we are unable to accept late applications.

We are committed to promoting diversity, equality of opportunity, and inclusion, within all our vacancies and we actively encourage applications from a diverse range of potential candidates. Recognising and embracing the unique and diverse talents of our volunteers is fundamental to the success of our organisation.

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. Before offering to provide support, please read through: what you need to know.