The Moran Company is pleased to partner with the International Association of Black Actuaries (IABA) to conduct a national search for the organization’s next Executive Director.
International Association of Black Actuaries (IABA) is a professional and student member organization with a mission to increase the number of successful Black actuaries through programs and partnerships that address their underrepresentation in the profession. The vision is equitable exposure, access, development and advancement for Black people within the actuarial profession.
IABA was launched in 1992 by Black men and women from the United States, the Caribbean and Canada, who were interested in the actuarial profession. The organization serves members from all career levels – from high school and college students to professional actuarial students, experienced actuaries as well as others who support the mission. IABA offers the benefits of networking, exam and actuary career support, continuing education, professional development and mentoring.
IABA has more than 3,000 stakeholders, more than 100 corporations supporting IABA and educational partners that participate in IABA’s programs and initiatives. Each year, IABA conducts successful programs and events, including:
Annual Meeting. This signature event drew more than 600 attendees in 2023 and featured both motivational and industry-specific speakers. The event was supported by more than 80 of the profession’s premier employers.
Boot Camp. This annual event is offered to individuals seeking to break into the actuarial profession by preparing them with the various skills needed to be successful in the interview process and the early part of their career. Students that attend the Boot Camp network with professionals in the field, engage in mock interviews, get an overview of actuarially relevant technical skills, an overview of the actuarial industry, participate in useful training sessions, as well as have access to recruiters from IABA partner companies.
Scholarship Program. Since its inception, IABA has awarded more than $1.2 million in scholarships to graduating high school seniors, undergraduate and graduate students. In 2023 alone, more than $250,000 in scholarships were awarded to an incredibly competitive group of actuarial students.
IABA is powered by the passion and dedication of volunteers who are the backbone of the organization and who will serve as a tremendous resource for the next Executive Director.
The Executive Director is a fully remote US-based position and provides strategic leadership for IABA, working with a volunteer Board, staff and a committed pool of volunteers seeking to further the Mission to address the underrepresentation of Black people in the actuarial profession.
Provide oversight and leadership of IABA
Maintain existing corporate partnerships including those on our Corporate Advisory Council as well as building new corporate relationships
Spearhead Educational Partnership development
Sustain, manage and grow fundraising initiatives and sponsorships
Recruit, retain, motivate and lead a staff and volunteer team, establishing a shared commitment to the IABA Mission
Establish effective business practices with Finance, Legal and Operational functions
Plan and coordinate the IABA schedule of annual meetings and other similar events
Organize and support volunteers who serve on committees and in the execution of programs and events
Oversee communications and brand management
Preserve and sustain organizational membership of students and professionals in the field
Compensation and Benefits
The salary range for this position is $130,000 - $140,000. The International Association of Black Actuaries offers a generous stipend for employee selected health care insurance, as well as 3% match for IRA contributions. The organization offers 3 weeks’ annual leave, as well as sick leave.
The search for the IABA Executive Director is being conducted by The Moran Company.
To apply for this position, submit a cover letter and resume to Sheryl Sereda at The Moran Company. APPLY NOW
Bachelor’s degree in related field preferred
At least 5 years organizational leadership experience required. Executive experience leading a membership-based association; similar mission or focus is helpful and experience growing organizations and maintaining growth is strongly desired.
Effective experience working with a Board and coordinating volunteer leadership goals and activities
Building and sustaining relationships with volunteers and volunteer committees
The ability to cultivate relationships with a myriad of constituent groups – outside agencies, corporate and institutional entities, students and professionals
Successful fundraising and sponsorship development experience
Experience with financial oversight, annual budgets and daily financial operations
Personnel management skills/background, understanding recruitment and retention
Experience with association membership and opportunities for growth preferred
Strong communication and organizational abilities, effectively acting as a spokesperson in promoting the organization's vision and mission
Experience leading successful efforts in planning, program and conference management
About International Association of Black Actuaries
The Moran Company, LLC, specializes in nationwide searches for fundraising directors of development, executive directors, presidents/CEO’s, hospital foundation directors, and other nonprofit professionals.