Our members. At a glance 2016

Transcription

1 Our At a glance 2016

2 Membership at a glance 2016 Gender split Age Location 67 % 33 % 30 Under 12,850 are 30 or under 43 % * inc Northern Ireland ** inc Republic of Ireland Male 19,963 9 % Rest of Europe** 54 % UK* 21,880 are 40 or under 4073 % Under 37 % Rest of the world Female 9,926 Exam passes: Qualifiers over the years ,485 IFoA exams were passed in Our hip over the year: , , , ,548 Contents Members 4 By gender 4 By age 4 By location 4 By industry sector 5 By employer type 6 Students 7 By age 7 By gender 7 By location 7 By industry sector 7 By employer type 8 University trends 9 Exam passes 11 Exam passes 11 First degree trends 12 Associates 13 By age 13 By gender 13 By location 13 By industry sector 13 By regulatory status 13 By employer type 14 Fellows 15 By age 15 By gender 15 By location 15 By industry sector 15 By regulatory status 15 By employer type 16 Practising certificates 17 Practising certificates 17 Qualifiers 18 By gender 18 By location 18 By industry sector 18

3 Members Membership by gender 2016 Membership by location 2016 Membership by age 2016 Members as % Members as % Age Affiliate Associate CAA Fellow Honorary - Full SAA Student Total < ,330 1,341 Affiliate Affiliate ,061 5, , ,880 6,357 Associate Associate , ,475 5,138 CAA CAA , ,090 3, , ,248 Fellow Fellow , , , ,194 Honorary Honorary SAA SAA Student Student Female Male Membership grade UK (inc Northern Ireland) Rest of Europe (inc Republic of Ireland) Membership grade Rest of the World > Unknown TOTALS , ,694 29,889 Membership by industry sector 2016 Industry Sector Affiliate Associate CAA Fellow Honorary - Full SAA Student Total Pensions and employee benefits , ,166 5,416 Membership by gender Data as at last day of December 2016 Gender Affiliate Associate CAA Fellow Honorary - Full SAA Student Total Female , ,194 9,926 Male , ,500 19,963 TOTALS , ,694 29,889 Life insurance , ,232 7,163 Health and care General insurance , ,558 4,474 Investment management Investment banking (advisory, finance) Education Membership by location Data as at last day of December 2016 Information technology Location Affiliate Associate CAA Fellow Honorary - Full UK (inc Northern Ireland) SAA Student Total , ,113 16,130 Rest of World , ,312 11,194 Europe (inc Republic of Ireland) , ,269 2,565 TOTALS , ,694 29,889 Enterprise Risk Management Other actuarial Other non-actuarial Resource and Environment Unknown , ,066 8,097 Retired ,111 TOTALS , ,694 29,

4 Membership by employer type 2016 Employer Affiliate Associate CAA Fellow Honorary - Full Insurance or reinsurance company Consulting firm/ business advisory firm Investment management firm SAA Student Total , ,891 11, , ,511 8, Investment bank Retail bank or building society Public service Education provider Other financial company Other company (non-financial) Retired Temporarily out of paid workforce No Information Provided , ,781 5,999 Risk Management Fully retired Regulator Self employed/sole trader TOTALS , ,694 29,889 Students Student hip by age Age < ,114 1, ,382 4,762 5, ,695 4,821 4, ,258 2,348 2, ,031 1, Unknown TOTALS 13,923 14,929 15,694 Student by gender Member numbers on last day of December % Male Student hip by industry sector Industry Sector Pensions and employee benefits 2,139 2,129 2,166 Life insurance 2,906 3,063 3,232 Health and care Health and care insurance or advice General insurance 2,175 2,354 2,558 Investment management Investment banking (advisory, finance) Education Information technology Enterprise Risk Management Other actuarial Other non-actuarial Unknown 5,152 5,746 6,066 Retired TOTALS 13,923 14,929 15,694 Student by location Member numbers on last day of December % UK (inc Nothern Ireland) 8% Rest of Europe (inc Republic of Ireland) 39% Female 53% Rest of World 6 7

5 Student hip by employer type Employer Insurance or re-insurance company 4,925 5,626 5,891 Consulting firm/business advisory firm 3,017 3,435 3,511 Investment management firm Investment Manager Investment bank Retail bank or building society Public service Education provider Education Other financial company Other company (non-financial) Retired Temporarily out of paid workforce No Information Provided 4,671 4,428 4,781 Risk Management Fully retired Regulator Self employed/sole trader TOTALS 13,923 14,929 15,694 University trends Top 50 most popular universities for student admissions to the IFoA University New Student Members Heriot-Watt University 82 1 Cass Business School City University London 70 2 London School of Economics & Political Science 63 3 The University of Warwick 60 4 University of Kent at Canterbury 55 5 The University of Manchester 48 6 University of Southampton 37 7 University College Dublin 33 8 Dublin City University 32 9 University of Bath University of East Anglia Queens University Belfast The University of Nottingham Durham University University of Bristol University of Cambridge University of Delhi Rank University of Leicester University of Birmingham University College London University of Oxford Lancaster University Imperial College London Queen Mary University of London University of Leeds

6 University trends continued Exam passes University New Student Members Rank Exam passes No. of students with passes University Of Pretoria University Of Lagos Nanyang Technological University University of Liverpool 9 29 Jomo Kenyatta University of Agriculture & Technology 9 29 Exam Session No. Passes Apr 13 4,880 Sep 13 4,700 Apr 14 5, Loughborough University 8 31 Sep 14 4, University of Mumbai 8 31 Apr 15 5, University of Surrey 8 31 Cairo University 8 31 The University of Sheffield 7 35 Kings College London 7 35 Sep 15 5,287 Apr 16 5,859 Sep 16 5, Apr 13 Sep 13 Aprl 14 Sep 14 Apr 15 Sep 15 Apr 16 Sep 16 University College Cork 7 35 The University of Strathclyde 7 35 University of St Andrews 7 35 University of Exeter 7 35 University of Edinburgh 6 41 Bharathidasan University 6 41 The University of York 6 41 Kwame Nkrumah University of Science & Technology 6 41 Universita Studi Di Roma La Sapienza 6 41 University Of Karachi 5 46 University of Calcutta 5 46 University of Newcastle upon Tyne 5 46 Brunel University 5 46 University of Colombo

7 First degree trends Degree Subject Total Mathematics Actuarial science Economics Science Physics Actuarial finance Mathematics - morse Mathematics - further Finance Statistics Accounting Management Science - other Chemistry Computer science Engineering - civil Engineering Engineering - electrical/electronic Engineering - mechanical Biochemistry Business Astrophysics Biology Banking Business administration Geography Insurance Risk management Unknown Econometrics Education Engineering - chemical Law Medicine Music Architecture Engineering - aeronautical Associates Associate hip by age Age > TOTALS Associate hip by gender Member numbers at the end of December % Male 24% Female Associate hip by industry sector Industry Sector Pensions and employee benefits Life insurance Health and care Health and care insurance or advice General insurance Investment management Investment banking (advisory, finance) Education Information technology Enterprise Risk Management Associate hip by location Member numbers at the end of December % UK (inc Nothern Ireland) 38% Rest of World Other actuarial Other non-actuarial Unknown Retired TOTALS % Rest of Europe (inc Republic of Ireland) Associate hip by Regulatory Status Member numbers at the end of December % Fully Regulated 14% Partially Regulated 12 13

8 Associate hip by employer type Employer Insurance or re-insurance company Consulting firm/business advisory firm Investment management firm Investment Manager Investment bank Retail bank or building society Public service Education provider Education Other financial company Other company (non-financial) Retired Temporarily out of paid workforce No Information Provided Risk Management Fully retired Regulator Self employed/sole trader TOTALS Fellows Fellow hip by age Age ,258 1,328 1, ,429 2,424 2, ,221 2,419 2, ,578 1,603 1, ,397 1,495 1, , > TOTALS 11,717 12,217 12,760 Fellow hip by industry sector Industry Sector Pensions and employee benefits 2,886 2,871 2,996 Life insurance 3,381 3,448 3,660 Health and care Health and care insurance or advice General insurance 1,435 1,555 1,721 Investment management Investment banking (advisory, finance) Education Information technology Enterprise Risk Management Other actuarial Other non-actuarial Resource and Environment Unknown 1,436 1,782 1,749 Retired 1, TOTALS 11,717 12,217 12,760 Fellow hip by gender Member numbers at the end of December % Male Fellow hip by location Member numbers at the end of December % UK (inc Nothern Ireland) Fellow hip by regulatory status Member numbers at the end of December % Fully regulated 9% Rest of Europe (inc Republic of Ireland) 26% Female 19% Rest of World 13% Partially regulated 14 15

9 Fellow hip by employer type Employer Insurance or re-insurance company 4,144 4,429 4,742 Consulting firm/business advisory firm 3,960 4,077 4,234 Investment management firm Investment Manager Investment bank Retail bank or building society Public service Education provider Education Other financial company Other company (non-financial) Retired Temporarily out of paid workforce No Information Provided 1,074 1,107 1,010 Risk Management Practising Certificates Practising Certificates Certificate Type 2013/ / /16 Actuarial Function Holder/Reviewing Actuary Chief Actuary (Life) Chief Actuary (non-life with Lloyd s) Chief Actuary (non-life without Lloyd s) Lloyd s Syndicate Actuary Scheme Actuary With Profits Actuary Life Actuary (including with-profits) Life Actuary (not including with-profits) TOTALS 1,136 1,271 1,253 Practising Certificates 1000 Fully retired Regulator Self employed/sole trader TOTALS 11,717 12,217 12,760 No. Certificates / / /16 Membership Year Actuarial Function Holder/Reviewing Actuary Chief Actuary (Life) Chief Actuary (non-life with Lloyd s) Chief Actuary (non-life without Lloyd s) Scheme Actuary With Profits Actuary Life Actuary (including with-profits) Life Actuary (not including with-profits) Lloyd s Syndicate Actuary 16 17

10 Qualifiers Qualifiers by gender Gender Apr Sep Total Apr Sep Total Apr Sep Total Female Male TOTALS Qualifiers by location Location UK (inc Northern Ireland) *(inc Northern Ireland) ** (inc Republic of Ireland) Apr Sep Total Apr Sep Total Apr Sep Total Overseas Europe (inc Republic of Ireland) TOTALS Qualifiers by industry sector Industry Sector Apr Sept Total Apr Sept Total Apr Sept Total Enterprise Risk Management General insurance Health and care Information technology Investment banking (advisory, finance) Investment management Life insurance Other actuarial Other non-actuarial Pensions and employee benefits Unknown Health and care insurance or advice Education TOTALS , ,

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