This article relies largely or entirely on a single source. (April 2010) |
Abbreviation | SOA |
---|---|
Formation | 1949 |
Type | Professional association |
Headquarters | Schaumburg, Illinois |
Location | |
Membership | 32,649 in 2022 |
Official language | English |
CEO | Greg Heidrich |
Website | soa.org |
The Society of Actuaries (SOA) is a global professional organization for actuaries. It was founded in 1949 as the merger of two major actuarial organizations in the United States: the Actuarial Society of America and the American Institute of Actuaries.[1] It is a full member organization of the International Actuarial Association.[2]
Through education and research, the SOA promotes actuaries as leaders in the assessment and management of risk to enhance financial outcomes for individuals, organizations, and the public. The SOA's vision is for actuaries to be highly sought-after professionals who develop and communicate solutions for complex financial issues. The SOA provides primary and continuing education for students and practicing actuaries, maintains high professional standards for actuaries, and conducts research on actuarial trends and public policy issues.[3]
As a global organization, the SOA represents actuaries from all major areas of practice, including life and health insurance, retirement and pensions, investment and finance, enterprise risk management, and general insurance (property and casualty) insurance.[4] The Casualty Actuarial Society also represents actuaries working with property and casualty.