Bryan Joseph was the first Black/Afro-Caribbean partner at Coopers and Lybrand and was instrumental in building up the actuarial business in PwC.
Bryan Joseph is an actuary who joined Coopers and Lybrand in 1991, having started his career at Legal and General. He became the first Black partner in the firm in 1996 and during his time at Coopers and Lybrand, and then PwC, was instrumental in building up the actuarial practice both in the UK and globally. In addition to leading the UK and global Actuarial Practices, Bryan was also our Global Chief Actuary. It was under his leadership that PwC became the first major actuarial practice to establish a practice in the Middle East, when a team was set up in PwC Lebanon.
Following Bryan’s retirement from PwC in 2015 he founded his own consultancy specialising in insurance and reinsurance, as well as taking on a number of non-executive director roles. In 2022 he reconnected with the firm, when he identified that Embankment Place was an ideal venue for a team of dancers preparing to join the Caribbean Carnival section of the late Queen’s Platinum Jubilee Pageant - a request that the firm was only too happy to meet.
While Bryan was the first Black Coopers and Lybrand partner, it is worth noting that the first known Black accountant in the UK spent time at Price Waterhouse in the early 1960s. Lancelot Reynolds came to the UK from Jamaica in 1956 and completed his ICAEW training with a small family run firm before joining Price Waterhouse on qualification.
Building the actuarial practice at Coopers & Lybrand. We were a small business within the UK firm, especially after we split from the pensions actuaries. The team went into the insurance market and built a business that was competitive and established a significant presence when compared to the traditional actuarial firms. That took a lot of effort because the firm’s name wasn’t associated with actuaries. Our competitors in professional services looked at us and went ‘Wow!’ Then they all went out to build actuarial businesses. Imitation remains the best form of flattery.
You have to be true to yourself; if you try to be somebody else you trip over all sorts of barriers. I was always more successful when I was being me.
Do something you really like, because you could become good at it. In fact, you become really excellent at it. That absolutely should drive you throughout.
"You have to be true to yourself; if you try to be somebody else you trip over all sorts of barriers. I was always more successful when I was being me."
Bryan Joseph