Actuaries Institute
 | |
| Founded | 1963 |
|---|---|
| Type | Professional Organisation |
Area served | Australasia |
Members | 4,500 (approx) |
Key people | Barry Rafe (current President), Elayne Grace (current CEO) |
Revenue | 6,910,844 AUD |
| Website |
www |
The Actuaries Institute, commonly referred to as the Institute, is an organisation representing the actuarial profession in Australia. The Institute has origins which trace back to 1897.
As the sole professional body for actuaries in Australia, the Actuaries Institute represents the interests of its members to Government, the business community and the general public.
Actuaries assess risks through long-term analyses, modelling and scenario planning and provide expert comment on a broad range of business-related problems.
This unrivalled expertise enables the profession to comment on a range of business-related problems including enterprise risk management, finance and investment, prudential regulation, retirement income policy, general insurance, life insurance and health financing.
The Institute is committed to promoting and maintaining a high standard of actuarial practice and represents and supports its members by:
- educating the next generation of actuaries and ensuring skills and knowledge are constantly developed through continuous professional development;
- establishing and maintaining strict professional and ethical standards;
- fostering a strong professional network and promoting and advancing knowledge in specialist areas of actuarial science through research and events and seminars; and
- contributing to public policy through policy submissions, thought-leadership and expert analysis.
Mission
To inspire, guide and support actuaries to help business and society be more resilient to future uncertain events.
This is achieved by providing education, standards, representation, thought leadership and a professional community.[1]
See also
References
- ↑ "Vision and Mission | Actuaries Institute". www.actuaries.asn.au. Retrieved 2016-05-02.