Steven was appointed Chair of the Board of Governors in June 2017. He is currently Professor of Actuarial Science at Cass Business School, City, University of London. From 2002 to 2012, he was Deputy Dean and Director of Cass Business School, and then Dean for 3 years to the end of 2015.
Steven graduated in mathematics at the University of Cambridge. He qualified as a Fellow of the Institute of Actuaries in 1975, and obtained his PhD and DSc in actuarial science from City University. He is also a Fellow of the Royal Statistical Society and of the Institute of Mathematics and its Application. He is an Honorary Fellow of the Italian Institute of Actuaries.
Steven has worked at Prudential Assurance and for the Government Actuary's Department, and has been a member of the Council of the Institute of Actuaries (for 2 terms). He has also been a member of TheCityUK Advisory Council, Governor of the City of London Academy (Islington), and a member of the External Advisory Panel to the Morris Review of the UK Actuarial Profession, as well as a founder member of the Financial Reporting Council's Board for Actuarial Standards. He has acted as a consultant to Deutsche Bank, Swiss Reinsurance, the FSA and the National Audit Office among others.
He is currently a member of Legal and General's Longevity Science Panel and is an advisor to the Institute for Jewish Policy Research. Since March 2016, he has been an Associate Director of the Actuarial Research Centre set up by the Institute and Faculty of Actuaries.
He has co-authored 5 books and has written over 190 papers on a wide range of topics, including mortality and morbidity models, annuities, insurance pricing and pensions. His papers have won research prizes from the Institute of Actuaries (UK) and Society of Actuaries (US). He has also successfully supervised 28 doctorial students.