About Us
 

Organization of the CIA

The Institute is governed by a Board elected from the membership. The Board is made up of the following members:

  • President
  • President-elect
  • Immediate Past President – one-year term
  • Twelve Directors – three-year term

Much of the work of the Institute is accomplished by the four councils established by the Board:

The Board also directly oversees the work of the Tribunal Panel and five committees (Elections; Governance; Human Resources, Finance, and Audit; Professional Conduct; and Risk).  Committees and task forces are struck by the Board and the councils as the need arises. About a fifth of the Institute's Fellows participate in these activities.

Some committees deal with various areas of actuarial practice, such as the following:

  • Actuarial Evidence
  • Post-Employment Benefit Plans
  • Appointed/Valuation Actuary
  • Investment Practice
  • Life Insurance Financial Reporting
  • Pension Plan Financial Reporting
  • Property and Casualty Insurance Financial Reporting
  • Research
  • Risk Management and Capital Requirements
  • Workers' Compensation

Others contribute to the collection and dissemination of information that is of interest to the actuary, such as:

  • Papers (e.g., research on water damage, an analysis of the sustainability of Canada’s healthcare system)
  • Reports (e.g., economic statistics, mortality tables)
  • Studies (e.g., mortality studies, systemic risk in the financial system)

Still other committees deal with the internal management of the profession and with liaison between the Institute and various outside organizations, such as the following:

  • Academic Relations
  • Accreditation
  • Communications
  • Continuing Education
  • Editorial
  • Elections
  • Eligibility
  • Practice Education Course organizing committee
  • Standards of Practice Editing
  • Volunteer Initiatives

Some task forces deal with special issues, such as the following:

  • Canadian Eligibility Requirements
  • Mentoring
  • Target Benefit Plans

The Board meets at least four times a year. Councils, committees, and task forces meet as often as required to deal with the business of the Institute.

The CIA holds an Annual General Meeting (AGM ) of members each year. The primary purpose of the AGM webcast is to report on the CIA’s yearly activities. We present information and conduct member voting with respect to the adoption of bylaw amendments or other items of business requiring member confirmation, present yearly financial statements, seek member approval of the financial auditor, and report on other high-level proceedings such as the election and key council activities.

The CIA also produces specialty and practice-specific conferences, seminars, and webcasts each year that offer members great opportunities to earn continuing professional development (CPD) hours. The CIA’s annual conference, act, is an opportunity for CIA members and professionals to meet, learn, and discuss ideas as they pertain to the actuarial practice. The conference provides invaluable CPD and networking opportunities to participants.