The insignia is divided into four sections:
|The “t” - the “t” represents an important link between Ireland and Statistics. William Sealy Gossett was employed from 1899 to 1935 by Arthur Guinness, Son and Company in Dublin. His work there led him to investigate statistical techniques appropriate to small samples. He developed a probability distribution which he published in 1908 under the pseudonym “Student”. This distribution has since become widely used in statistics as Student’s t-distribution.|
|The Hour Glass - taken from the Institute and Faculty of Actuaries coat of arms.|
|The Harp - representing Ireland.|
|The Owl - taken from the Institute and Faculty of Actuaries coat of arms.|
The UK-based Institute of Actuaries and the Faculty of Actuaries merged in 2010 to form the Institute and Faculty of Actuaries. The second and fourth sections of the insignia represent the fact that the Society has strong links with The Institute and Faculty of Actuaries (IFoA). In particular, most actuaries in Ireland qualify by taking the IFoA's examinations.