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Actuarial professionalism and what it means for you

Actuaries have been trained for real-world impact since 1897.

Today’s actuarial education creates masters of data with the acumen to accelerate its impact in the real world.

Actuaries are bound by a rigorous code of standards and a responsibility to manage for the public good.

You can be guaranteed that an actuary in your team will champion the highest standards in data ethics, while delivering breakthroughs in data science. Using data with great care and responsibility is in the actuarial DNA.


Using data with great care and responsibility is in the actuarial DNA. Watch how actuaries consider data ethics in everything they do.

Professional principles for impact and ethics in data

Act with integrity
Actuaries must act with integrity, respecting confidentiality and invoking truth at all times.
Uphold the law
Actuaries must uphold laws, regulations and professional standards.
Deliver competence and care
Actuaries must service with the utmost competence and care, including for those ultimately impacted by the work.
Always growing
Actuaries must undertake their professional development continuously, in line with the Institute’s high standards.
Ever fair
Actuaries must eliminate biases, conflicts of interest and any undue influences that could undermine client impact.
Speak up
Actuaries must say what needs to be said, clearly, honestly and in a timely manner, tailored carefully to the people that matter.

A framework for data ethics in your organisation

Obligated under professional standards to consider the ultimate impact of data strategies, Australia’s actuaries are championing the highest standards of ethics and innovative frameworks for data science.

Model created by Adam Driussi, Co-Founder and CEO, Quantium 

Maximise the benefits of a data-driven futureAustralia’s corporate and government sectors have a duty to do this as the success of the Nation depends on it.

The intelligent application of data will dramatically increase the quality of goods and services and the efficiency with which they are delivered. This means better, more affordable healthcare and transport, more personalised products and marketing, less waste and reduced environmental impact.

Countries that fully embrace data will be wealthier, create more jobs and attract their fair share of the world’s best talent.

Ensure the benefits of a data-driven future will be fairly sharedBoth governments and the corporate community need to demonstrate and ensure the data revolution does not lead to greater inequalities and that the benefits of data-driven growth are enjoyed by all.

Use data in the interests of the person who share it The data economy is reliant on citizens choosing to share their data. When a person shares their data with any organisation – whether public or private sector – that organisation has a duty to use this data in their best interests.

Transparency and accountability for how people’s data is used and a respect for their privacy Organisations…demonstrate this at all times to retain their social license to operate