The Worshipful Company of Actuaries is one of the Livery Companies of the City of London. The Company was founded and became a Livery Company in 1979, on the same day as the Insurers' Company. The Company supports the actuarial profession by awarding scholarships in the field.
The Actuaries' Company ranks ninety-first in the order of precedence for Livery Companies.
Like the medieval Liveries of the City of London, the company plays a full role in the governance of the City, including the election and support of the Lord Mayor and Sheriffs.
Most importantly, through its Charitable Trust, it gives help and support to those who are less fortunate, with an emphasis on making a difference in improving education, particularly in the area of mathematics.
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“These studies which stimulate the young, divert the old, are an ornament in prosperity and a refuge and comfort in adversity; they delight us at home, are no impediment in public life, keep us company at night, in our travels, and whenever we retire to the country.”
—Marcus Tullius Cicero (106–43 B.C.)