The Melville Actuaries Summit Prize funded by the late Mr Tig Melville, is presented to the author of a paper or presenter of a session and is considered by the judging panel to have:
- achieved an advance in the profession’s understanding or knowledge of a specific subject or sphere of knowledge; or
- collected or presented existing material intended to raise the awareness of the profession regarding an important contemporary issue.
The monetary value of the prize is $5,000.