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Professions in Society

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  • Bellis, C.S.

Abstract

Actuaries should seek to understand the phenomenon of ‘professions’ because much of our working life is influenced by the belief that we are a ‘profession’. This paper considers various theories as to why professions exist — do they arise naturally to fulfil functions in society, or are they created by the efforts of the occupational groups which aspire to become professions? Professions are shaped by the society of which they are a part. Ongoing changes in society are affecting professions in general, and the actuarial profession in particular. The difficulties which the actuarial profession will face as it seeks to expand beyond its traditional territory are discussed. Finally the author speculates on what institutional forms might replace professions in the twenty-first century.

Suggested Citation

  • Bellis, C.S., 2000. "Professions in Society," British Actuarial Journal, Cambridge University Press, vol. 6(2), pages 317-364, August.
    • Handle: RePEc:cup:bracjl:v:6:y:2000:i:02:p:317-364_00
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    Cited by:

    1. David Collins & Ian Dewing & Peter Russell, 2009. "The actuary as fallen hero: on the reform of a profession," Work, Employment & Society, British Sociological Association, vol. 23(2), pages 249-266, June.
    2. Philip Booth, 2022. "Private regulation versus government regulation: The example of financial markets," Economic Affairs, Wiley Blackwell, vol. 42(1), pages 30-49, February.
    3. Divya Anantharaman, 2017. "The role of specialists in financial reporting: Evidence from pension accounting," Review of Accounting Studies, Springer, vol. 22(3), pages 1261-1306, September.

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