Professor Andrew Cairns FRSE and Professor Catherine Donnelly, Heriot-Watt University, presenting on Actuarial and Financial Maths • Andrew’s portion of the presentation covered: the interdisciplinary scope of actuaries work; the need to ensure impact for wider society such as insurance and pensions; mortality longevity risk (at the institutional and individual level); the impact of decreasing mortality rates on pension funds and life insurers; uncertainty around central forecasts; the development of a model to measure uncertainty around forecasts of future mortality improvements; mortality and health inequalities using data from the Office of National Statistics to develop a customised index for mortality inequalities (at the scale of small neighbourhoods, ~1000-2000 people, equivalent to Scottish Data Zones) to improve on the (Scottish) Index of Multiple Deprivation, informed socio- economic factors in relation to cause of death data (controllable factors such as smoking); accounting...