As part of our ongoing review of member communication, Council decided that it would be useful to have an annual document pulling together the various strands of the Society's activities over the previous year. It will provide an opportunity to understand the breadth of activity of the Society and hopefully encourage continued involvement by members in their Society
The Society of Actuaries in Ireland has developed a competency framework comprising the knowledge, skills and attributes that actuaries typically draw on in their work. This framework is aligned to our vision, mission and goals. For each competency definition within the framework there is an indication of appropriate capabilities and behaviours across three competency levels.
Founded in 1895, and reformed in 1998 with a new constitution, the International Actuarial Association (IAA) is the worldwide association of professional actuarial associations, with a number of special interest sections for individual actuaries. The IAA exists to encourage the development of a global profession, acknowledged as technically competent and professionally reliable, which will ensure that the public interest is served.
The Actuarial Association of Europe (AAE) was established in 1978 under the name Groupe Consultatif to represent actuarial associations in Europe. Its purpose is to provide advice and opinions to the various organisations of the European Union.
The Society is pleased to provide independent and objective input to public consultations on matters that affect actuarial work or where an actuarial perspective may add value.
The Society is an active member of the Actuarial Association of Europe (AAE). The AAE collates input from the Society and other member associations in order to respond effectively to consultations run by the European Commission, EIOPA and other EU bodies.
The Society of Actuaries in Ireland is committed to advancing actuarial knowledge, in order to enhance the contribution that actuaries can make in traditional actuarial fields and in wider fields where actuarial thinking and techniques can add value.
Most of the research work completed to date has been carried out by members participating on a voluntary basis in the Society’s practice committee and working parties, often with support from the Society’s staff. Occasionally, the Society has commissioned funded research, where Council considered that this would be an effective and cost‐efficient way of addressing a particular topic.