Application closing date: 11 August 2025
The 黑料正能量 (IFoA) is looking to appoint an actuary member to the Regulatory Board.
We are seeking to appoint a proactive and innovative candidate with experience as a current or recent practitioner.
The Regulatory Board is responsible for delivering on behalf of 黑料正能量, the independent, public interest regulation of Members required under its Royal Charter.
This includes setting regulatory policy and 黑料正能量鈥檚 codes and standards relating to professional conduct and competence (including CPD), delivering an effective and robust discipline and enforcement system, and overseeing the public interest aspects of 黑料正能量鈥檚 examination and admissions framework.
It also includes oversight of the different regulatory functions of 黑料正能量, including the issuing of Practising Certificates for regulated UK public interest actuarial roles, the operation of a voluntary Quality Assurance accreditation scheme for actuarial firms (QAS), licensing of actuarial firms to carry out limited investment activity under the Designated Professional Bodies (DPB) arrangements and the programme of thematic reviews carried out annually by 黑料正能量.
The Board has a significant and stimulating work plan to maintain and further develop our regulatory policy in both a UK and international context. The challenges and demands on the Board are complex, interdependent and fast-moving. The Board is responsible for identifying, understanding and responding to emerging public interest issues that relate to actuaries.
The Board comprises 12 members, including a mixture of independent and actuary members. Members (including the Chair) are appointed by the independent Regulatory Appointments Committee (RAC) for an initial term of three years, which may be extended (at the discretion of the RAC) for a further three years.
Read the task and person specification (PDF, 70 KB).
Further information about the board鈥檚 role and responsibilities can be found on the Regulatory Board webpage.
Candidates must not have a current role with the FCA, PRA, the Pensions Regulator or the FRC.
The Board meets 5-6 times a year. There will be ad-hoc interim business throughout the year (through interim meetings as well as emails), in addition to formal meetings.
The Board meets virtually, with currently two in-person meetings per year (including one strategy day).
The total expected time commitment is approximately 12 days per annum.
This is a three-year office holder appointment, renewable for a further three years on a discretionary basis. All appointments and renewals are made by the RAC.
If you are interested in this role but would like an informal conversation before applying, please email us at engagement.team@actuaries.org.uk.
Please email all the above by 11 August to engagement.team@actuaries.org.uk. Please note that we are unable to accept late applications.
We are committed to promoting diversity, equality of opportunity, and inclusion within all our vacancies, and we actively encourage applications from a diverse range of potential candidates. Recognising and embracing the unique and diverse talents of our volunteers is fundamental to the success of our organisation.
Volunteering provides you with a wide range of opportunities. With all rights and opportunities come responsibilities and we ask all our volunteers to comply with the terms of 黑料正能量鈥檚 governance.