The Society of Actuaries in Ireland is the professional body representing the actuarial profession in Ireland. The Society is dedicated to serving the public by fostering the highest standards of professionalism and competence in actuarial practice.
The Society's Vision for the actuarial profession in Ireland is that actuaries are recognised by clients and policymakers as the leading profession in the use of financial modelling and risk management skills to enhance the long-term financial position of individuals and institutions.
The Society's Mission is to:
- develop the role and standing of the actuarial profession in Ireland and enhance its reputation;
- support actuaries throughout their career so that they have the skills, attributes and knowledge appropriate to both current and future needs of actuarial practice;
- develop, maintain and enforce actuarial standards that require actuaries to advise their clients with integrity, professionalism and objectivity.
- establishes and maintains professional standards for the protection of the public
- provides continuing professional education
- creates forums for discussion about contemporary and relevant issues
- promotes research and the development of actuarial science, and
- makes informed contributions to the debate on issues of public interest.
All members must comply with the Society's Professional Conduct Standards. The Society also issues Actuarial Standards of Practice (ASPs) to members on specific areas of practice. The ASPs are classified as either Mandatory or Recommended Practice. A Disciplinary Scheme is in place.
See Standards and Regulations for further details.
The Society regularly organises CPD events at which a member or guest presents for discussion a paper on a topical or academic issue. Seminars are also held from time to time as are meetings on current issues. The Society publishes a Newsletter and monthly eNews updates, which keep members informed on Society matters, current issues, items of news and forthcoming events. The Society also organises social events for members.
The Society is not an examining body - most members qualify through the professional examinations and experience requirements of the Institute and Faculty of Actuaries, which is an United Kingdom body.
See www.actuaries.org.uk for further details.