Actuaries in government – Page 9 – News and updates from the Government Actuary's Department

Welcome to the world of actuaries in government!

Martin Clarke - Government Actuary, 28 October 2019 - Actuary, Government Actuary

Actuaries are financial risk professionals, and at the Government Actuary’s Department (GAD) we provide impartial actuarial analysis to government and public sector clients. Our expertise covers insurance, investment, modelling, quality assurance, data science, pensions and social security.

‘Bow tie’ risk management and its benefits

Andy Jinks - Chief Actuary, 28 October 2019 - Actuary, Investment

Integrated risk management requires pension schemes to look at risks in the round, rather than considering each individually. This is because the risks are related – for example, funding risk is likely to be linked to either investment risk or employer covenant risk.