{"id":2198,"date":"2024-06-17T16:12:29","date_gmt":"2024-06-17T15:12:29","guid":{"rendered":"https:\/\/www.rsml.co.uk\/?p=2198"},"modified":"2024-06-17T16:12:31","modified_gmt":"2024-06-17T15:12:31","slug":"celebrating-100-years-of-female-actuaries","status":"publish","type":"post","link":"https:\/\/www.rsml.co.uk\/2024\/06\/celebrating-100-years-of-female-actuaries\/","title":{"rendered":"Celebrating 100 years of female actuaries"},"content":{"rendered":"\n<p><\/p>\n\n\n\n<p>By Natasha Carey, Senior Manager- Actuarial<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>Later this month, the Institute and Faculty of Actuaries (\u201cIFoA\u201d) will be coming together to celebrate 100 years since the first two females, Dorothy and Gladys, qualified as actuaries. The event will be hosted by Kalpana Shah, IFoA President and board member of RiverStone International\u2019s UK entities, and is free to attend.<\/p>\n\n\n\n<p>More details are here: <a href=\"https:\/\/actuaries.org.uk\/100yearswomenactuaries\/\">https:\/\/actuaries.org.uk\/100yearswomenactuaries\/<\/a><\/p>\n\n\n\n<p>The growth of female representation across the globe in different industries, professions and sports has been a hot topic in recent years \u2013 <strong>did you know<\/strong>:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The <strong>Paris 2024 Olympics<\/strong> will be the first Olympics to have 50% female athletes. 100 years ago, only 5% of athletes were female.<\/li>\n\n\n\n<li>Currently, only 11% of the <strong>world\u2019s astronauts<\/strong> are women.<\/li>\n\n\n\n<li>In 1923, none of <strong>Noble Prize<\/strong> winners were female. In 2023, 36% were female.<\/li>\n\n\n\n<li>100 years ago, 33% of players competing in the singles tennis competition at <strong>Wimbledon<\/strong> were female. It is now 50%.<\/li>\n\n\n\n<li>Female artists spent the most weeks at Number 1 in the <strong>UK Top 40 Singles Chart<\/strong> in 2023 (31 out of 52), the highest since records began in 1952.<\/li>\n<\/ul>\n\n\n\n<p><strong>Riverstone\u2019s actuarial team<\/strong> was brought in-house during 2016 \u2013 there were no women in the team until 2018, however now 37% of actuarial-related roles are filled by females. Across the <strong>RiverStone Group<\/strong>, women take up 44% of all roles.<\/p>\n\n\n\n<p>Some of the actuarial team will be attending the IFoA\u2019s event and we recently got together to reflect on the topic and our experience of gender parity within the industry. Interestingly, the proportion of female members in the IFoA (34%, 2022\/23) is broadly in line with the proportion of female students studying mathematical science subjects at UK universities (37%, 2017\/18). This goes to show how much of an impact university demographics has on the industry \u2013 as we see increases in this over the coming years, we\u2019ll hopefully see a higher proportion of females being represented in IFoA membership and the insurance industry.<\/p>\n\n\n\n<p>It\u2019s shocking to read that the headline used in the <a href=\"https:\/\/www.theactuary.com\/2023\/09\/07\/city-surprised-first-women-fellows\">telegram published by the Daily Mirror<\/a> in 1923 to announce the first two female actuarial qualifiers included the phrase \u2018City Surprised\u2019. It shows how far we\u2019ve come as a profession and as an industry from a gender-parity perspective \u2013 one would hope that the city is no longer surprised every time a woman qualifies as an Actuary!<\/p>\n\n\n\n<p>***<\/p>\n\n\n\n<p><em>\u201cOn my actuarial science course at university there was a small proportion of female students. I was worried I would be the only female in my team when going into the workforce in 2020 and was pleasantly surprised that this wasn\u2019t the case when I joined Riverstone. More recently, I went to an Actuarial talk run by the London Market Students Group and was pleased to see a high proportion of females in attendance.\u201d<\/em><\/p>\n\n\n\n<p><strong>Magalie Farine, Actuarial Associate<\/strong><\/p>\n\n\n\n<p>***<\/p>\n\n\n\n<p><em>\u201cI\u2019ve worked with more senior female actuaries in the London market than females in other senior positions, e.g. underwriters, claims adjusters, finance officers etc. &#8211; are actuaries ahead of the rest of the market?\u201d<\/em><\/p>\n\n\n\n<p><strong>Sarah Grimshaw, Actuary<\/strong><\/p>\n\n\n\n<p>***<\/p>\n\n\n\n<p><em>\u201cEmma Stewart is one of the speakers at the centenary event \u2013 she is the first female Chief Actuary of Lloyd\u2019s. Soon I hope there will be a time when we no longer have to celebrate milestones such as the \u2018first female\u2019 or 100 year anniversaries, and being a woman, or a member of any other under-represented sector of the community, in the industry will not be news.\u201d<\/em><\/p>\n\n\n\n<p><strong>James Wackrow, Group Chief Actuary<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Natasha Carey, Senior Manager- Actuarial Later this month, the Institute and Faculty of Actuaries (\u201cIFoA\u201d) will be coming together to celebrate 100 years since the first two females, Dorothy and Gladys, qualified as actuaries. The event will be hosted by Kalpana Shah, IFoA President and board member of RiverStone International\u2019s UK entities, and is [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2198","post","type-post","status-publish","format-standard","hentry","category-company"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Celebrating 100 years of female actuaries - RiverStone International<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.rsml.co.uk\/2024\/06\/celebrating-100-years-of-female-actuaries\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Celebrating 100 years of female actuaries - RiverStone International\" \/>\n<meta property=\"og:description\" content=\"By Natasha Carey, Senior Manager- Actuarial Later this month, the Institute and Faculty of Actuaries (\u201cIFoA\u201d) will be coming together to celebrate 100 years since the first two females, Dorothy and Gladys, qualified as actuaries. 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