Office vs home – what is the ideal working environment?
*IFoA total counts only exams taken by at least one APR staff member in September 2022. The IFoA pass rate across all exams was broadly similar at 43.7%
Highlights
Congratulations to all our staff on their hard-earned results! However, special mention goes to:
- Martyna Czapiga, Ellen Weise and Will Wright, who become qualified CAAs after passing their final exam. This is all the more impressive given that the overall pass rate for this exam was only 26%.
- Imelda Barnes and Hannah Merriman who have both passed the final exam required to become fellows of the IFoA.
- All three CS2 sitters; Sunil Ghosh, James Matthew and Thomas Pycroft for passing in a sitting with a very low pass rate of just 20%.
Jack Foley
January 2023
An Introduction to Natural Capital

Carbon Permits and Offsets
How can governments use the free market to take action on climate change? Cristian tells all about carbon permits and offsets.

Actuarial Mentoring Programme
This interview-style article provides an insightful overview of the Actuarial Mentoring Programme (AMP), its objectives, and the invaluable benefits it offers to both mentors and mentees. Their experiences shed light on the AMP’s effectiveness and highlights the opportunities it provides for professional growth and development.

April 2023 Exam Results
The April 2023 exam results have been published and APR student staff achieved an impressive 83% pass rate across all IFoA exams and 100% in all CAA exams taken. In this article, Moses Vaughan highlights our success this sitting.

Office vs home – what is the ideal working environment?
What is your ideal working environment? Cristian and Hannah discuss how and why their ways of working benefits them the most.

The Last Remaining Defined Benefit Schemes: A Deeper Look
In this article Asees explores the rise and decline of DB Pension Schemes, and considers the impact of this on secure retirement for future generations.

APR’s Favourite Excel Shortcuts
Love it or hate it, Microsoft Excel has been a central part of an actuary’s work for decades. However, its a tool that often isn’t used to its full potential; Heather Wallace’s list of our favourite Excel shortcuts should help rectify that!

Impacts of the new Personal Injury Guidelines in Ireland
In this article David O’Mahony examines how the new personal injury guidelines have been affecting the Irish General Insurance market and considers the likely future impacts of the changes.

Which soft skills are most valuable in actuarial work?
How important really are ‘Soft Skills’ in business? Gary Heslop takes a deep dive into how strong skills in areas such as Communication, Judgement and Management can make all the difference for high-performing Actuaries.

Basics of Property Direct and Facultative Insurance
The UK Commercial Property Insurance market is worth close to £7 billion and has been the subject of considerable disruption in the last few years. But how has this shaped the market? Jack Foley and Thomas Pycroft explain.

JFAR Risk Perspective 2022
In this article, a handful of APR’s newest recruits summarise the 2022 JFAR Risk Perspective and give an insight to the current risks high-quality actuarial work is facing, including topics such as sustainability and technology.