GAD Comment - Why actuaries are essential to government
Published 10 December 2018
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Actuaries play an important role in helping the government both spend wisely and save money.
In the latest edition of the Civil Service blog, the Government Actuary Martin Clarke explains how experts in the Government Actuary’s Department help public sector clients understand challenges around financial risk and uncertainty. This can include the longer-term implications of climate change and developments in human longevity. Actuaries ask, then analyse and advise on, the ‘what-if’ questions around public sector pension schemes, insurance and investment markets, and undertake financial modelling and quality assurance.
To find out more about what we do, and how, despite being a small department, we punch above our weight, follow the link to the Civil Service blog site.