As you may be aware, GAAPS Actuarial has been petitioning for the government to include actuaries on the shortage occupation list since 2006, and it looks like our hard work and those of other organisations involved have finally paid off!
The new guidelines in the Home Office’s Migration Advisory Committee (MAC) recognised the increasing pressure of the industry’s changing needs and have placed actuaries on its occupation shortage list.
Actuaries are included on the list as “Qualified actuaries working in the life assurance, general insurance and health and care sectors”, explaining the previous information provided by MAC regarding specific sectors. This would appear to exclude actuaries in the pensions and investment sectors. However, we will seek to clarify this information and we will publish a further post once we have a better understanding.
The revised list will come into effect from 14 November 2011. This means that:
- For applications covered by the annual limit, the new list will apply to all applications by Tier 2 sponsors for restricted certificates of Sponsorship made on or after 14 November 2011.
- For applications outside the annual limit, the new list will apply to all unrestricted certificates of sponsorship assigned to migrants on or after 14 November 2011.
Employers can only bring someone into the UK under Tier 2 if the job is on the shortage occupation list, or if they pass a resident labour market test (i.e. no suitable resident workers apply after advertising the job in the UK first for 4 weeks).