Members in a Firm are required to nominate one Member (usually, a Fellow or Accredited Member) to the Institute for the position of Senior Actuary. The role of the Senior Actuary is to ensure that the Members in the Firm, and the Firm itself, are aware of Members' responsibilities under the Code of Professional Conduct and to ensure that the Firm has a process for Members to seek guidance on professional matters. The Senior Actuary is not personally responsible for the conduct of other Members.
Further information relevant to the Senior Actuary is set out in Part B of the Rule for Actuarial Firms (March 2011). Please note: if the Firm is already registered as a Consulting Actuarial Firm, only Sections A and B need to be completed.
Pro forma statements to nominate a Member to be the Senior Actuary are available for: