Life Insurance

The Life Insurance Practice Committee (LIPC):

• Contributes to the strategic direction of the Institute;
• Actively supports the development of actuarial practice through the Institute’s education, CPD, standard-setting, public policy and research activities; and
• Actively identifies and promotes opportunities for members working in life insurance and facilitates communication and liaison within the profession.

The responsibilities of the LIPC include:

• Identifying new and emerging technical and practice needs of members.
• Identifying risk exposures for the profession in life insurance and wealth management and making recommendations to Council on how to manage these.
• Maintaining and developing professional education materials, including reviewing the course syllabus.
• Identifying continuing professional development needs of members and developing CPD programs and opportunities.
• Identifying potential issues for research and development.
• Reviewing and developing relevant Professional Standards and Practice Guidelines.
• Preparing public policy submissions on technical issues affecting life insurance and wealth management and on matters of broader public interest, including research activity.
• Communicating on a regular basis with members (e.g. via e-newsletters and Actuaries Digital articles) on issues and developments affecting life insurance and wealth management.
• Developing links with other actuarial bodies (overseas) and relevant professional and industry bodies.
  

MEMBERS OF THE LIPC SUBCOMMITTEES AND WORKING GROUPS

Members of the LIPC