The Actuary of the Year award is presented to a Member who has brought credit to the profession and has made a key contribution to business, the community, government, or the profession.
Nominations for the 2021 Award closed on Friday 23 July 2021.
The Actuaries Institute was delighted to announce that Jennifer Lang is the recipient of the 2020 Actuary of the Year Award in recognition of her leadership of the Institute’s COVID-19 response.
Typically, and without hesitation, Jennifer volunteered to convene the Institute’s COVID-19 Working Group and has led a group of more than 80 volunteers to assess the potential impacts of the pandemic on the profession, policymakers, business and the community in this difficult and uncertain time.
Leading the Working Group to establish the Institute’s Pandemic Resource Centre as a repository for timely relevant material to assist actuaries to support their companies to manage and mitigate the impacts of the pandemic, has resulted in the publication of 70+ articles, 16 Pandemic Briefings, six Virtual Insights Sessions and a plenary session at the 20/20 All-Actuaries Virtual Summit with Nobel Laureate Professor Peter Doherty – all providing strong guidance to the profession on myriad issues across all practice areas.
This work has greatly raised the profile and influence of the actuarial profession in managing this significant risk to society in general, our Australian economy, and for the financial services industry.
Jennifer continues to enjoy a distinguished career as a highly respected and influential actuary. In past roles as CFO and Chief Actuary, Jennifer has guided some of Australia’s major insurance companies during recent turbulent times in the financial services sector and has had senior roles in major consulting firms. She has now moved into a career as a Non-Executive Director indicating wide regard for the depth of her financial skills and experience.
The Institute itself has benefited over many years from Jennifer’s considerable contribution as a Council Member and through her membership of a wide variety of Institute working committees. Jennifer has been a prominent leader, advocate and role model for young female actuaries and was recently appointed Convenor of the Institute’s Diversity and Inclusion Working Group.
Jennifer is an innovator and skilled communicator. She has for many years used her blog – Actuarial Eye - to generously share her own professional insights and also promote the work of other actuaries. She inspired the Institute’s Actuarial Hackathon initiative - an annual event where actuarial volunteers help solve business and community problems on a pro bono basis- and continues to be heavily involved in the Organising Committee.
The combination of Jennifer’s passion, communication skills and technical expertise means she can translate complex actuarial concepts into language that non-actuaries can understand. She has made a key contribution to business and community sectors and brought much credit to the profession.
Congratulations, Jennifer is a very worthy recipient of the 2020 Actuary of the Year award. Many members of the actuarial profession and the business community will be pleased to see her contribution recognised.