Join actuaries across the Asia-Pacific region to unpack urgent and emerging challenges for ethics and professionalism in the profession. Deepen ties between APAC actuaries as you work together, benchmark ideas and scenarios, and absorb practical insights you can bring back to work to make a difference. This seminar will be followed by an interactive, virtual Q&A session with all speakers. This event will provide Actuaries Institute Australia members with their total 5 CPD points required for professionalism training.

Deep dive into compliance even when it's a moving target or we're exploring new territory. Get regulatory updates with a lense towards Australia, data science and AI, ESG, financial institutions and more.

Deep dive into compliance even when it's a moving target or we're exploring new territory. Get regulatory updates with a lense towards Australia, data science and AI, ESG, financial institutions and more.

In 2020, we introduced a principles-based Code of Conduct which replaced a rules-based code first established in 1975. Has the principles-based approach helped or hindered how we work? Have the concerns around its implementation become a reality?

In 2020, we introduced a principles-based Code of Conduct which replaced a rules-based code first established in 1975. Has the principles-based approach helped or hindered how we work? Have the concerns around its implementation become a reality? What more action regarding the Code can we take? In this session, you will: Participate in discussion on the learnings of moving from a rules-based to principles-based code Reflect on how the Code affects your day-to-day work and reputation as an actuary Understand the impacts of a principles-based Code and considerations of next steps, such as embedding it in education

The IAA membership regulations require members to include in their code of conduct an obligation that “an actuary shall act in a manner that fulfils the profession’s responsibility to the public” , or similar requirements consistent with this. Accordingly, the Code of Conduct of the Actuarial Society of South Africa (the ASSA Code) contains the same provision: “a member must act… in a manner that fulfils the profession’s responsibility to the public” . IAA PG1 goes on to state that: Provided an actuary meets the requirements of law as well as his or her actuarial association’s code of professional conduct and applicable professional standards, then the actuary will be considered to have met his or her responsibility to the profession and to public. The ASSA Code contains a similar provision. On face value, this appears to dispense with the matter of serving the public interest. However, views on this differ. For example, one view is that nothing further needs to be done. Another view is that much more should be done to serve the public interest. Another view is that individual actuaries should not have a duty to the public interest . The precise definition of ‘public interest’ remains out of reach, and the application of the “profession’s responsibility to the public”1,2 is open to interpretation. Nonetheless, the Actuarial Society of South Africa took the bold step of creating a position of Public Interest Actuary, with oversight by the Public Interest Governance Committee. This paper will discuss the nature of this Public Interest Actuary role, and highlight some of the main issues that need to be considered.

The IAA membership regulations require members to include in their code of conduct an obligation that “an actuary shall act in a manner that fulfils the profession’s responsibility to the public” , or similar requirements consistent with this. Accordingly, the Code of Conduct of the Actuarial Society of South Africa (the ASSA Code) contains the same provision: “a member must act… in a manner that fulfils the profession’s responsibility to the public” . IAA PG1 goes on to state that: Provided an actuary meets the requirements of law as well as his or her actuarial association’s code of professional conduct and applicable professional standards, then the actuary will be considered to have met his or her responsibility to the profession and to public. The ASSA Code contains a similar provision. On face value, this appears to dispense with the matter of serving the public interest. However, views on this differ. For example, one view is that nothing further needs to be done. Another view is that much more should be done to serve the public interest. Another view is that individual actuaries should not have a duty to the public interest . The precise definition of ‘public interest’ remains out of reach, and the application of the “profession’s responsibility to the public”1,2 is open to interpretation. Nonetheless, the Actuarial Society of South Africa took the bold step of creating a position of Public Interest Actuary, with oversight by the Public Interest Governance Committee. This paper will discuss the nature of this Public Interest Actuary role, and highlight some of the main issues that need to be considered.

Navigating the ethical boundaries of actuarial work has long been a major topic of discussion. As the profession faces rapid disruption from emerging markets and technology across a wide range of industries, the ethical discussion can sometimes fade into the background. In this session, our experts dive into what the public’s expectations are of a profession that prides itself on being ethical and responsible, and the challenges that come with it. The session will explore failures in professionalism (including from actuarial services) and discuss the inherent issues, consequences and possible solutions to prevent such failures.

The Blaktuary view: an Indigenous perspective on the actuarial profession – parallels between Indigenous custodianship and actuarial custodianship. What can actuaries learn from Australia’s Indigenous ways of being?