Application closing date: 6 December
The Sustainability Board's Demographics: Mortality and Morbidity Working Party is seeking new members to contribute to the next phase of its research into the impact of climate change on mortality and morbidity risks. Both IFoA members and non-members are welcome to apply.
Building on its recently published practitioner survey in the British Actuarial Journal, the working party is now focusing on developing practical actuarial modelling approaches, worked examples and guidance to support the assessment and incorporation of climate-related mortality and morbidity risks into actuarial practice.
We welcome applications from individuals with varied practicing backgrounds, particularly across the life, health and pensions practice areas, as well as those with expertise or an interest in climate risk, sustainability, mortality and longevity modelling, climate scenario analysis, statistics and data science.
We are particularly interested in individuals who can contribute practical experience, technical expertise, research capabilities or relevant industry perspectives. We also encourage applications from individuals with a strong interest in this emerging area and a commitment to actively contributing to the working party's research, collaboration and thought leadership activities.
Objectives
The working party aims to advance the understanding, assessment and modelling of climate-related mortality and morbidity risks within UK actuarial practice, with particular emphasis on developing practical approaches and guidance for actuaries working across life insurance, health insurance and pensions.
Building on the findings of its practitioner survey, the working party will undertake research to:
Assess the implications of physical and transition climate risks for mortality and morbidity, including potential offsetting effects, adaptation and differences across demographic and socioeconomic groups.
Review relevant climate-health evidence, data sources and modelling approaches, identifying their suitability, limitations and implications for actuarial applications.
Develop practical frameworks for translating climate-related risks and scenarios into mortality and morbidity assumptions and projections.
Explore how population-level climate-health impacts can be reflected in insured populations, pension schemes and insurance portfolios.
Produce illustrative worked examples and methodological guidance to support actuaries in incorporating climate-related risks into assumption-setting, modelling and risk management.
Promote collaboration, knowledge sharing and thought leadership across the actuarial profession and relevant external stakeholders.
Time commitment
The time commitment varies but will not typically be more than 2 hours per month. The working group will consist of monthly meetings with more regular meetings as required.
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
- your reasons for wishing to get involved
- your ARN (if you are a member)
- a brief copy of your CV and full contact details (if you are a non-member)
- 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.