Actuaries Without Borders (AWB)

Mission

AWB seeks to make available actuarial services on a temporary basis through volunteer efforts of its members to assist in the development and sound management of social security, enterprise risk management, pensions, insurance (including non-life, life and microinsurance / microfinance), investments, healthcare and other infrastructures and wider areas wherein the actuarial skills can be of use.  AWB also contributes to the awareness of the profession and the spread of actuarial education by encouraging AWB members to take on teaching and coaching assignments.  AWB focuses on geographic areas in which there is a lack of actuarial resources (“target countries”), irrespective of geographical boundaries.

AWB focuses on situations where there are deserving needs among public entities, governmental organizations and Social organisations including NGOs that clearly lack the actuarial resources and may also be in need of financial assistance to obtain suitable expert advice. The AWB facilitates this by being familiar with and working with such funding Agencies who would be comfortable in having actuarial expertise associated with execution of such funded projects.

Strategies

AWB pursues its mission by:

• promoting its mission within the global actuarial profession and making it known to government and relevant NGO’s in “target” countries, and to appropriate worldwide bodies;
• identifying individual actuaries who are interested in participating on a voluntary basis and who are qualified to deliver the needed skills;
• matching the demand for actuarial services with availability;
• organizing the provision of those services; and providing a reporting mechanism to include all parties involved; and,
• seeking appropriate alliances with sources of funding that are necessary to implement and support its activities.

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