19 October 2022 marked the 125 Year Anniversary of the Actuaries Institute of Australia. From humble beginnings in the late 19th century to the complex world of the 21st century, actuaries have been there every step of the way.
That's why we're celebrating the experiences, moments, and milestones that shaped the profession and Institute we know today.
And for our next 125 Years?
So what will actuaries be doing for the next 125 years? What does the future hold for our profession and the people, businesses and societies we serve?
Many things will stay the same. We’ll still be helping business run their operations and drive their strategy using our mathematical skills, crystalline thinking and rigorously assessed evidence.
Our expertise will still be helping to inform public policy and drive change in areas like climate, health, energy adaptation - and public policy fields we don’t even have names for yet.
We’ll still hold sacred that which has always been sacred. Impartiality. Independence. The ethical and equitable treatment of people rich and poor.
But our tools will change. Today is the age of the actuary because it is the age of data. Tomorrow is our time too, because AI, machine learning and data science have only just begun to change the world we live in. And as it reshapes the world, we’ll be there, helping to harness, integrate and question that data. Ready to make sure it’s used wisely and well – and for good.
That’s a job worth doing. A job that might go on for another century. Or even more.
EXPLORE MORE KEY MOMENTS IN THE INSTITUTE'S HISTORY
Learn more about our professional history and the important role the Institute has played for more than a century.