Martin Clarke, Government Actuary, Government Actuary's Department
The Government Actuary’s Department was established in 1919 to provide public sector departments access to actuarial analysis and insight to aid policy making decisions. Initially the department primarily advised on the early national insurance scheme but soon expanded into public sector pension advice. A century later the department is thriving, providing advice in a diverse range of areas from pensions to risk pooling across many departments and arm’s length bodies.
Martin Clarke, the current Government Actuary, will provide some historical context to the department and talk about:
- Recent projects where the department has contributed to improved financial and societal outcomes
- Developments in the techniques and capabilities of the department
- The ways in which actuarial advice may be applied in future to enhance financial and societal outcomes
About the speaker
Martin Clarke has been the Government Actuary since September 2014. He is the scheme actuary for the pension schemes of public institutions including NHS, the armed forces and MPs and is responsible for producing the quinquennial report on the National Insurance Fund. Prior to becoming the Government Actuary, Martin was the Executive Director of the Pension Protection Fund (PPF) with responsibility for investments, actuarial and financial risk. His career before PPF was in retail financial services, including life and general insurance.