50th Anniversary – Lifetime Achievement Recognition
As we celebrate our 50th anniversary, we reflect on the past 50 years and consider those members whose contributions over a lengthy period – including periods prior to the introduction of our “outstanding contribution” awards - have made a lasting impact on the Society and the actuarial profession.
Our “outstanding contribution” awards were introduced in 2012 and recognise members’ contributions to the Society’s work over the three years prior to an award.
In 2020, we introduced the Bruce Maxwell Medal in honour of the former President, who was passionate about developing the actuarial profession in Ireland and internationally. This medal is presented annually to the winner of the overall Outstanding Contribution Award.
Now, in 2022, we are delighted to announce a new medal, the William Hannan Medal, in recognition of another former President's immense contribution to the Society over many years.
William (Bill) Hannan hugely influenced the formation of the Society’s governance structure and professional standards in the 1980s and 1990s. He played a major role in the transition of the Society into an incorporated body with full responsibility for the professional conduct of actuaries in Ireland, which undoubtedly raised the standing of the actuarial profession in Ireland. Bill was also instrumental in bringing about the first actuarial science degree programme in Ireland, provided by UCD in 1991, and further degree programmes followed at other universities. These programmes had a very positive impact on recruitment into the profession and heightened awareness of the profession. Bill is deserving of this special recognition and it is an acknowledgment of all that he has done for the Society and the actuarial profession over many years. Bill, we thank you!
The William Hannan Medal will be awarded annually to winners of the Award for Outstanding Contribution by a recently qualified actuary or a group of recently qualified actuaries.