The Society of Actuaries (SOA) is an educational, research and professional organization dedicated to serving the public and its 19,000 members. The SOA's mission is to advance actuarial knowledge and to enhance the ability of actuaries to provide expert advice and relevant solutions for financial, business and societal problems involving uncertain future events.
The Society of Actuaries (SOA) is the largest professional, actuarial organization in the world. It is dedicated to serving its 19,000 members, and the public. The SOA's vision is for actuaries to be recognized as the leading professionals in the modeling and management of financial risk and contingent events. The SOA is committed to:
- Education–Providing basic education in the fundamental principles of actuarial science, advanced education, professional development and continuing education for practicing actuaries.
- Research–Conducting research to develop studies of historical experience and techniques for projections into the future, analyzing the actuarial aspects of public policy issues and providing the foundation for further expansion of the profession.
- The Profession–Promoting high standards of professional competence and conduct within the actuarial profession.
1. How long have you been in business?
The SOA was founded in 1949.
2. What is your mission statement?
The SOA's mission is to advance actuarial knowledge and to enhance the ability of actuaries to provide expert advice and relevant solutions for financial, business and societal problems involving uncertain future events.
3. How many states are you licensed in? Which ones? (If Applicable)
4. What products and services does your company specialize in?
SOA members typically align themselves within:
5. What separates you from the competition?
- Finance–including risk management and dynamic financial models
- Health–including managed care, Medicare, healthcare, providers, payers and premiums
- Life Insurance
- Special Interest–areas including investment, long–term care, international and regulatory
Actuaries have centuries of experience in helping the world understand and manage risk.
6. What is the No. 1 benefit of working with your Company?
7. What types of incentives (or perks) do you offer?
8. Do you offer products and/or services that no one else offers?
The SOA offers three credentials for actuaries: Associate of the Society of Actuaries (ASA), Fellow of the Society of Actuaries (FSA) and the newest credential, Chartered Enterprise Risk Analyst (CERA).
9. What is the first thing you want prospective agents/advisors to know about your organization?
Actuaries bring a complex future into focus by applying unique insight to risk and opportunity. Known for their comprehensive approach, actuaries enable smart, more confident decisions.
10. How do you measure success and how do you share success with your agents/advisors?