The Actuaries Institute has set up a working group to drive a diversity and inclusion strategy endorsed at its council meeting last month.

It says the strategy is a response to the changing working environment and increasingly diverse backgrounds of actuaries, and takes account of culture, age and gender.

The institute says 38% of members speak at least one Asian language, 55% are younger than 34 and 33% are female.

Working group members include Deloitte Partner Trang Duncanson, Finity Consulting Principal Ashish Ahluwalia, KPMG Associate Director Elizabeth Martin, MLC Insurance Head of Actuarial, Information Angela McLaughlin and graduate at Deloitte Helena McGeorge.

Actuaries Institute Head of Communications and Marketing Katrina McFadyen and Committee and Volunteer Engagement Manager Lily Meszaros are also members of the working group.

Expressions of interest from male members are invited to further diversify the group, which is also welcoming feedback on the strategy.

The key strategy goals are to create a diverse and inclusive environment, ensure committees and working groups represent the members and to promote the benefits of diversity.