The aim of ARCA is to bring these skills to bear in a research environment to address major long term policy questions of relevance to Governments, corporations and the community.

Leveraging its strengths in forging influential connections between industry, academia and
policy-makers (both domestic and international), ARCA facilitates the undertaking and public dissemination of research on actuarial-related issues which is:

• of the highest quality;

• independent; and

• relevant to contemporary policy and business issues.

Through its cross-party approach in connecting industry, actuaries and researchers in order to identify commonalities of research interest, ARCA:

• remains focused on the development of actuarial research which advances contemporary commercial and policy issues;

• creates opportunities for long-term policy and strategic thinking to develop against a sound and relevant theoretical framework;

• achieves efficiencies and strategic gains in the establishment and conduct of research relationships between commercial interests and researchers; and

• facilitates the development of research questions which might not otherwise reach the public and corporate agenda.

Through its emphasis on achieving the core values of quality, independence and relevance in the research facilitated by it, ARCA ensures that its research portfolio is contemporary, practical, influential and rigorous.

 

• defining 'research-ready' questions in a manner that can be tackled;

• driving research that provides quantified answers to advance evidence-based policy making;

• providing objective and independent input to the public policy making process; and

• creating opportunities to address long-term issues affecting public policy decisions.

For industry, ARCA creates additional value by:

• making research more efficient and effective;

• overcoming information asymmetries in qualifying and quality-controlling research;

• providing an independent and trusted branding with more influence and respect than self-funded research; and

• maximising corporate welfare through policy-maker and public approval of the company as a good corporate citizen.

For researchers, ARCA creates additional value by:

• providing access to key industry relationships, contacts and decision-makers;

• arranging the provision of funding for specified projects;

• improving the possibility of receiving Australian Research Council grants by capturing industry engagement;

• opening pathways to research that might not otherwise secure traction;

• promoting research to a very broad commercial and regulatory audience, increasing the dynamic impact of research and chances of securing further future funding;

• bridging the perspective and agenda divide between industry and academia in order to achieve research objectives; and

• contributing commercial project management expertise.