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SOA Strategic Vision for the Future: Transforming Actuarial Education and Research

Learn about the Society of Actuaries' mission, vision, and strategic objectives at the Middle Atlantic Actuarial Club event in Ellicott City, MD. Discover how the SOA educates and supports actuarial professionals to address global risks and emerging trends. Explore the latest research initiatives and opportunities for actuaries in various industries. Join the conversation and contribute to shaping the future of the actuarial profession.

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SOA Strategic Vision for the Future: Transforming Actuarial Education and Research

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  1. Society of Actuaries STRATEGIC VISION LISTENING TOUR THE MIDDLE ATLANTIC ACTUARIAL CLUB Ellicott City, MD November 5, 2015

  2. Tonya B. Manning, FSA Chief Actuary, Buck Consultants SOA Past-president tbmanning@me.com @tbmanning Your Presenter

  3. Overview of Strategic Vision

  4. About the SOA: Our Mission • The SOA, through research and education, advances actuarial knowledge and improves decision making to benefit society. We enhance the ability of actuaries to be trusted financial and business advisors on problems involving uncertain future events. We provide and ensure the integrity and relevance of our credentials. 4

  5. About the SOA: Our Vision • The SOA is the leading provider of globally recognized credentials; establishing actuaries as business leaders who measure and manage risk to support financial security for individuals, organizations and the public. 5

  6. Implementing our Strategy EDUCATION RESEARCH 6

  7. Education • Complete Actuarial Curriculum: International Expansion and the GI Track An emerging global workforce & globallyinterconnectedrisk require accessible & relevant credentials NEARLY 4,500 MEMBERS & 5,000 CANDIDATES IN CANADA 2,761 MEMBERS & 6,060CANDIDATES IN ASIA EXAMS DELIVERED IN 97 COUNTRIES Actuaries need the skills & education to address the full spectrum of risk on a global scale 7

  8. Education • We are committed to ongoing development of education and training as industries evolve. • Throughout its history, the SOA has created new specialty tracks to meet the demand for new and specific skills. • Complete Actuarial Curriculum: Specialty Tracks 1949: 3 TRACKS 2016: 6 TRACKS 8

  9. Research • Actuaries are involved in the most pressing issues facing society. • We develop data-driven research that helps actuaries • be valuable advisors. • Our research, analysis and unique actuarial insight arevalued by policymakers and influencers. • We do not advocate for, or against, legislation. 9

  10. Marketing • We are working to grow opportunities for actuaries in new roles, such as predictive analytics. • We are engaging candidates who have not pursued membership to identify other industries that value actuarial training. • Opportunities for Actuaries 10

  11. What’s Next? • Listening Tour • Learning from you • Planning for 2017-2021 Strategy 11

  12. Let’s hear from you

  13. Thank You Tonya B. Manning, FSA tbmanning@me.com ListeningTour@soa.org

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