About us
Actuaries have analytical skills that help decision-makers take account of risk and uncertainty. At the Government Actuary’s Department (GAD) our mission is to support effective decision-making and robust reporting within government as the first choice provider of actuarial and specialist analysis, advice and assurance.
Who we are
GAD is a non-ministerial department headed up by the Government Actuary, Martin Clarke. We have a complex and pivotal role in helping the government spend wisely and save money.
Our experts:
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use statistical techniques and mathematical skills to assess the probability of an event and its financial consequences
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help public sector clients understand complex challenges around financial risk and uncertainty, such as implications of climate change or developments in human longevity
We have about 180 people across 2 offices (London and Edinburgh), of whom around 150 are actuaries and analysts. To find out more about the department, watch this introduction to GAD video.
What we do
We work as actuaries and advisers for the public sector (UK and overseas) and for private sector clients, where this is consistent with government policy and does not impair our ability to serve the government.
Our key areas of work are:
- insurance and investment
- modelling and quality assurance
- pensions and social security
GAD’s case studies illustrate the stories and successes of our work.
Our responsibilities
Our mission is to support effective decision-making and robust reporting within government as the first-choice provider of actuarial and specialist analysis, advice and assurance. GAD’s regular publications cover issues relevant to public sector finances, analysis of investment sectors and profiles, as well as innovative examples of our specialist work.
Our priorities
GAD is a shared service supplier to the government and the devolved administrations. We deliver high quality service, actuarial analysis and policy advice, working to a professional code and standards designed to give assurance on quality and consistency.
Our role is to do the best we can in the interests of the taxpayer. We do not exist to make a profit or to grow business for its own sake.
To support our work, we have set out our vision, mission and values and our
5-year department strategy for 2015 to 2020
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