Andy Rear
Nominated by: David Hare and Martin Potter
Age: 43
Qualified as a Fellow: 1997
Member of the Scottish Constituency
CV
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2010 – present
2000 – 2010
1991 – 2000
Munich Re: CEO for Africa, Asia-Pacific, UK and Ireland Life
Oliver Wyman: Head of EMEA Insurance Practice
Scotland-based life companies including Prudential and Scottish Mutual
Professional Work
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Co-opted onto Council and Scottish Board for 2013/14
Member of the Project Board for the new Certified Actuarial Analyst qualification (CAA)
‘Lead volunteer’ for the Public Affairs directorate in IFoA
Previously member of various working parties
How I contribute to Council
In my year on Council I have been able to contribute some of my executive and board experience to the management of the
profession. The IFoA is a complicated entity: as well as being a professional body, it is a regulator, learned society, policy
commentator, and international membership organisation with some 25000 members. Council is the principal structure
through which the members of the profession direct our overall activities, most of which are executed by the professional
employed staff. It is important that Council operates effectively as the board of the profession, setting our strategic direction
and supporting the professional management of the entity. Some of the questions we face are strategically important:
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How can we ensure our future as a largely self-regulated profession?
What is the balance between being an attractive career path for graduates and having demanding academic/education
standards?
To what extent are we trying to be international or even global?
What role should the profession play in public affairs?
Outside Council my contributions are, first, in supporting the Public Affairs function where I believe the profession must have
a consistent voice with policymakers, but one that reflects the informed views and expertise of its members. The work on
Scottish independence has shown that we can do this without being dragged into politics, but it can be a difficult line to walk
down. Second, using my international experience to support the development of CAA which will enhance our reputation
globally, and solve real problems with the management of the profession in countries such as India where the number of
students threatens to overwhelm the local education system and where the demand for actuarial analysts far exceeds the
demand for qualified actuaries.
I am a member of the Scottish Board and have supported Knowledge Sharing Scotland (KSS) with practical resources. I also
supported the Management Board in their Management Information review.
Email: [email protected]