Government Actuary's Department

UKGI's latest Contingent Liabilities Report brings together data on financial guarantees, indemnities, contingent liabilities and provisions from across government. Congratulations to UKGI colleagues and the GAD secondees who have been involved in the publication of this key report. https://lnkd.in/eKp2F9hi

GAD is advertising for a new non-executive director (NED) to support the department as it embraces and navigates a new strategic plan. We're looking for a forward-thinking non-executive director with experience in digital innovation and growth to play a key role in shaping our future success. The new NED will join the Board, consisting of 5 executive members and 3 non-executive directors. The appointment will replace an outgoing NED who is due to complete their term at the end of August 2025. The successful candidate will commit up to 15 days a year including attendance at Board meetings, Audit and Risk Committee meetings and other formal Board activities.  We are looking for someone whose key responsibilities will be in the areas of: • strategy • management oversight • risk • governance • executive relationship • stakeholder engagement Find out more about this unique, exciting and challenging opportunity by downloading the candidate pack and submitting your application by 12.00 midday on 22 April 2025. https://lnkd.in/etF5iHgA

Robust quality assurance (QA) processes are a crucial tool for administrators to help mitigate calculation and administrative error. This blog explores what QA is, the benefits to schemes in undertaking QA activity and some strategies schemes could implement to improve QA in their schemes. https://lnkd.in/eD5n6GNv

Find out about the new 2022-based national population projections (NPPs). Join our webinar on 1 April 2025, where GAD and ONS will talk to you about NPPs. We will focus on the assumptions underlying the projections, particularly the mortality assumptions. The event will be chaired by the Government Actuary, Fiona Dunsire.  https://lnkd.in/enxt-fYv

Climate risk analysis expertise from GAD, has been part of a major environment conference. The Civil Service Climate and Environment Conference 2025 attracted more than 1,000 delegates and notable speakers and exhibitors. The theme of the event was Pioneering Green Innovation.  https://lnkd.in/ev-Ms6x5

Come and join the learning and development team in GAD! We’re looking for an individual with a passion for learning and development and a proactive and positive mindset who thrives in a professional and challenging environment. If this is you, we’d love to hear from you!   You’ll work as an L&D Officer on a permanent basis, working alongside colleagues across the organisation to deliver development initiatives that foster the growth and upskilling of all staff. Apply now: https://lnkd.in/ez3BzFFz

GAD advised HM Treasury on the interest rate on the UK’s loan to Ukraine. This follows the signing of the UK-Ukraine Bilateral agreement. The loan repayments will be drawn from a future income stream derived from the profits on immobilised Russian sovereign assets. (Picture credit: Scott Graham, Unsplash). https://lnkd.in/e-BS6wdm

Do you have a strong background in business partnering and a commitment to driving continuous improvement? Do you have experience of systems transformation or transitioning to a new finance system? Then this could be the role for you and we’d love to hear from you. This is a dynamic and rewarding opportunity offering the chance to make a real impact by delivering high-quality reporting, improving financial awareness, and assessing the robustness of financial controls across the department. You’ll be working as a Management Accountant on a fixed-term basis, for 9 months. If you are proactive and innovative at developing the best Management accounting service possible, come and join us! Apply here: https://lnkd.in/edBBfQUn

Unlocking the Power of Pension Data in the Digital Age. In this insightful blog, Pensions Consultant Scott Hale delves into the critical role of a robust data strategy for pension schemes. Discover how effective data strategies can enhance efficiency, improve member experience, and ensure compliance. Learn to avoid common pitfalls like data silos and poor data quality and explore the transformative potential of innovations like pensions dashboards. Read the full blog for this and other tips on how use your data strategy to leverage new technologies and unlock your data's full potential. #Pensions #DataStrategy #DigitalTransformation #Innovation #MemberExperience  https://lnkd.in/epDgiViV

GAD’s insights into the shape of the UK population and impact of demographic change were among topics discussed at the ‘Future of Ageing 2025: Planning for the long-term’ conference. The Government Actuary Fiona Dunsire participated in a panel on ‘Financial inclusion: Managing vulnerability across long lives.’ (pictured). The event was organised by the International Longevity Centre - UK (ILC-UK), as 2025 marks its 10th annual Future of Ageing conference, bringing together policymakers, business leaders and experts to discuss how the UK can create a vision for the 100-year life.