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Business Acumen / Personal Effectiveness

The life of a President: The first six months

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They say there's no rest for the wicked - the same could be said for the Actuaries Institute President!

I'm delighted to share my Presidential Address with you, which discusses how we are leading important conversations in public policy, and the incredible growth of our membership, which is linked to the desire to do social good. Perhaps more importantly, I share the key challenges - and opportunities - for the Institute in the next few years, including:

  1. How to increase STEM enrolment in schools, and get more students - especially girls - excited about higher maths
  2. The need to embrace data scientists, and enhance support for actuaries who are working in emerging areas
  3. How we can help bring an actuarial mindset to government

The first half of my presidency has been quite the ride. In just six months, I've been a part of some incredible achievements.

Opening ICA2023

Opening ICA2023

We've amplified our voice through thought leadership. By publishing insightful green papers, we're challenging public policy for the betterment of social good - the Institute Green Paper, Not a Level Playing Field , authored by Hugh Miller and Laura Dixie, is an excellent example of this.

Yes, actuaries love data, but unlike much public policy debate, it's not just so we can prove our point of view better or more strongly, but so we can update or change our point of view, or make a new discovery.

We've launched a fresh new brand that represents our diverse, dynamic membership, speaks to our growth areas and communicates our core value of social purpose.

Actuaries Institute's rebrand launch video

Actuaries Institute's rebrand launch video

We've increased our support of women in STEM with the launch of a new Harvard scholarship in partnership with CEW with a value of $25,000. Open to senior women leaders working in Data Science and AI, this initiative presents an amazing opportunity for someone to become a next level leader by completing the 'Growing as a Purposeful Leader' course at Harvard Business School.

The Charlie's Angels of ICA

The Charlie's Angels of ICA

We've hosted a world-class International Congress of Actuaries (ICA), with a whopping 98% of attendees rating their overall event experience as having met or exceeded expectations. I had the privilege of opening the Congress and looking out at over 1,500 actuaries from 86 countries, which was a culmination of many years of work by many people. I loved the event, meeting so many different people and reconnecting with good friends from around the world. Featuring over 200 sessions from some of the brightest actuarial and business minds, the Congress showcased the breadth of knowledge of our profession, and the many fields in which our expertise is required and valued.

I've had the pleasure of working with the Institute's incredible team of volunteers, who generously share their knowledge and time for the growth of our profession. I was able to meet with some of these brilliant people at the Council, Chair and Institute meeting in February, and was proud to serve as Chair on the Nominations Committee for the Volunteer of the Year awards, which recognises their contributions. I look forward to celebrating with award recipients later this year.

Ireallylike actuaries. I am stoked to be the 2023 President.

Scooting around on tour with Elayne

Scooting around on tour with Elayne

The biggest highlight for me, though, has been the opportunity to meet with all of you current and future actuaries on my Australian Presidential tour with Institute CEO Elayne Grace and Mike Callan, Executive General Manager of Education, at my side. The tour kicked off with the Sydney TED Talk-style event , followed by fly-in visits to Melbourne, Adelaide, Perth and Canberra.  I look forward to meeting with many more actuaries as I visit Asia and New Zealand in August.

Bring on another mammoth six months!

Institute Updates
About the authors
Naomi Edwards
Naomi Edwards is a highly regarded professional company director. She has chaired listed ASX companies, industry super funds, and not-for-profits. Naomi currently sits on the boards of TAL (Australia’s largest life insurer), Propel Funeral Partners and Yarra Funds Management Ltd. An actuary by training with an executive background in the financial services industry, Naomi has an Australia-wide reputation in the financial services industry having advised on many major life insurance and funds management acquisitions in Australia and New Zealand. She is a former partner of Deloitte, where she ran the Australian financial services Industry Group. Naomi also has a strong reputation in the responsible investing industry, having sat on the Boards of two ASX-listed industry leaders – Australian Ethical Investment and Hunter Hall. Naomi’s financial analysis and accounting skills are complemented by a strong commercial focus. She contributes strong risk assessment skills to a Board as well as insights into long term strategy in times of uncertainty, particularly in regard to mergers and acquisitions. Naomi has a first class honours degree in mathematics from the University of Canterbury.