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Regulatory Board – actuary member

Application closing date: 20 September

The IFoA is looking to appoint an actuary member to the Regulatory Board.

We are seeking to appoint a proactive and innovative candidate with experience as a current or recent practitioner.

Background

The Regulatory Board is responsible for giving effect to the IFoA’s public interest regulatory responsibilities under its Royal Charter, through oversight of the regulatory functions of the IFoA including: standards setting relating to professional conduct and competence, disciplinary functions, operation of the Practising Certificates system, and the public interest regulatory aspects of the examination and admissions system. The board has a significant role in overseeing the IFoA’s public interest regulatory functions in both a UK and international context. 

The board has a significant and stimulating work plan to maintain and the challenges and demands on the board are complex, interdependent and fast moving.

Candidates must not have a current role with the FCA, PRA, the Pensions Regulator or the FRC.

Time commitment

The board normally meets five times a year (two online meetings, one in-person strategy session in Edinburgh in September each year, and one hybrid meeting with the option for members to attend in-person in London, or to join remotely). There will be ad-hoc interim business (through interim meetings as well as emails) throughout the year, in addition to formal meetings.

The total expected time commitment is approximately 12 days per annum. 

This is a three-year office holder appointment, renewable for a further three years on a discretionary basis. All appointments and renewals are made by the Regulatory Appointments Committee.

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:

  • your ARN (if you are a member)
  • a copy of 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 could bring to this role
  • 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.