Actuaries can be more and more essential in supporting decision makers

The future role of the actuary

By Giampaolo Crenca

Giampaolo Crenca is President of ISOA (Italy) and Vice-Chairperson of the AAE


In recent years the development of the actuarial profession has increasingly featured consolidation and growth of the traditional fields (insurance and
pension), although broader fields have also experienced significant movement; in some cases we can already see an impact from this. This situation clearly illustrates that actuaries cannot remain closed but must continue broadening their view to include all risks – to the extent that they are quantifiable – for evaluation of their impacts.


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This article represents the opinion of the author, and not necessarily the opinion of the AAE.

This article was published in The European Actuary No. 32 – December 2022