Wherever risk is involved, you are likely to find an actuary. Actuaries credentialed by the SOA work for insurance companies, consulting companies, financial institutions and governmental agencies all over the world.
There are three SOA professional credentials:
FSA: Fellow of the Society of Actuaries
The Fellow of the Society of Actuaries is the highest attainable designation and demonstrates a knowledge of the business environments within which financial decisions are made, including the application of mathematical concepts and other techniques to the various areas of actuarial practice. The SOA offers various tracks to Fellowship: individual life and annuities, retirement benefits, group and health, investments, finance/enterprise risk management and the new general insurance track.
Read more about our tracks to Fellowship:
- Corporate Finance and Enterprise Risk Management
- General Insurance
- Group and Health
- Individual Life and Annuities
- Quantitative Finance and Investment
- Retirement Benefits
ASA: Associate of the Society of Actuaries
An Associate of the Society of Actuaries has demonstrated knowledge of the fundamental concepts and techniques for modeling and managing risk, and the application of the concepts and techniques to common problems involving uncertain future events, especially those with financial implications.
Read more here.
CERA: Chartered Enterprise Risk Analyst
A Chartered Enterprise Risk Analyst (CERA) of the Society of Actuaries is the most comprehensive and rigorous demonstration of enterprise risk available. Those that earn the CERA credential have demonstrated knowledge in the identification, measurement and management of risk within risk-bearing enterprises.
Read more here.