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Society of Actuaries Archived 2000 Yearbook REQUIREMENTS for ADMISSION Page 1 of 3 Society of Actuaries Archived 2000 Yearbook REQUIREMENTS FOR ADMISSION Page 1 of 3 Requirements for Admission to the Society of Actuaries This overview of actuarial education is written for Fellows and other interested audiences who are not taking exams. It is edited to be informative, not definitive. Detailed information on courses, syllabus, study materials, fees, and examination dates, times, and locations is given in the Fall Associateship and Fellowship Catalog and in the Spring Associateship and Fellowship Catalog, which are available from the Society office. 1. Requirements for Admission to the Society of Actuaries as an Associate Anyone pursuing actuarial studies may apply for admission to the Society. If the Board of Governors approves the Application for Admission as Associate, the candidate will be enrolled as an Associate of the Society of Actuaries (A.S.A.) after completing the Associateship education and examination requirements prescribed by the Board of Governors, subject to any further requirements that the Board may prescribe. A candidate must complete Courses 1-6 as well as the Associateship Professionalism Course to satisfy the Associateship requirements. ASA Course Description 2. Requirements for Associateship a. Required Courses The following list shows the required courses needed to become an Associate under the new requirements. Course 1 Mathematical Foundations of Actuarial Science Course 2 Interest Theory, Economics and Finance Course 3 Actuarial Models Course 4 Actuarial Modeling Course 5 Application of Basic Actuarial Principles Course 6 Finance and Investments b. Associateship Professionalism Course The Associateship Professionalism Course is an additional requirement for the A.S.A. designation and may be taken after completing Courses 1-4. The course will be offered at the Society's Spring and Annual Meetings and at other sites throughout the year. http://www.soa.org/yearbook/requirements.html 8/24/00 REQUIREMENTS FOR ADMISSION Page 2 of 3 Credit for all courses must be obtained by examinations offered by the SOA or by an alternative method approved by the Board of Governors. Also, in certain circumstances, course credit may be obtained by waiver for a candidate who has examination credits in another recognized actuarial organization (see page 12 in the Spring 2000 Associateship and Fellowship Catalog). 3. Requirements for Fellowship Candidates cannot attain Fellowship without having satisfied requirements for Associateship. Candidates may not attend the Fellowship Admissions Course until they have completed all other Fellowship educational requirements. The Fellowship Admissions Course is required of all candidates for Fellowship. Candidates who desire Fellowship in the Canadian Institute of Actuaries must complete the Society's Fellowship requirements, including completion of the Fellowship Admissions Course, and complete any other CIA requirements. Complete details are in the CIA Yearbook. a. FSA Course Descriptions Course 7 Applied Actuarial Modeling Course 8 Advanced Specialized Actuarial Practice Candidates must choose one of the following: Finance Health, Group Life & Managed Care Individual Insurance Investments Retirement Benefits b. Professional Development Requirement The PD requirement of the SOA curriculum serves to cover topics that the practitioner will need to learn throughout his/her career, including those that are country-specific, regulatory, or otherwise transitory in nature. Satisfying the PD requirement occurs after completing the formal course of examinations and precedes eligibility for the FAC to attain the FSA designation. The candidate must obtain a minimum of 50 units of eligible education within a two year period, with at least 35 units coming from the completion of suitable formal professional development programs (seminars and symposia, meeting sessions, professional examinations, and courses), and 15 units from the completion of a professional project and communication of the relevant aspects of the project. c. Fellowship Admissions Course The Fellowship Admissions Course is the final requirement for Fellowship and is required of all candidates for Fellowship. It is offered following both the Spring and Fall examinations. Details are provided on the SOA Web site, www.soa.org. http://www.soa.org/yearbook/requirements.html 8/24/00 REQUIREMENTS FOR ADMISSION Page 3 of 3 4. Correspondence Requests for application forms or other correspondence regarding examinations, study notes, study groups or classes, or other matters should be addressed to: Society of Actuaries 475 N. Martingale Road, Suite 800 Schaumburg, IL 60173-2226 Phone: 847-706-3500 Fax: 847-706-3599 E-mail: [email protected] Back to Yearbook | SOA Homepage http://www.soa.org/yearbook/requirements.html 8/24/00 Ambassador Listing Page 1 of 2 2000 SOA Ambassador Listing Argentina - Jorge Manuel Noronha, ASA Luxembourg – Mian Ikran Shakir, ASA [email protected] [email protected] Australia - Allan J. Wendt, FSA Malaysia – Hassan B. Kamil, FSA [email protected] [email protected] Barbados – Verna P. Holder, FSA New Zealand – Richard Geisler, FSA [email protected] [email protected] Brazil – Ronald Poon-Affat, ASA Pakistan – Nauman A. Cheema, FSA [email protected] [email protected] Channel Isles – Rodney M. Benjamin, ASA Philippines – Mabini L. Juan, FSA [email protected] [email protected] Colombia - Luis G. Caro, ASA Poland – Henryk S. Walerys, ASA [email protected] [email protected] Egypt – Mohammed F. Amer, FSA People’s Republic of China - Arthur Guang Tong [email protected] Ren, ASA [email protected] England – Alan Twigg, ASA Singapore – Peter Chien H. Foo, FSA [email protected] [email protected] Hong Kong - Yu-Wo Danny Chung, FSA South Africa – Peter C. Lamprecht, ASA [email protected] [email protected] India - B. Roger Natarajan, FSA Spain – Daniel DeKeizer, FSA [email protected] [email protected] Indonesia – Jeffrey P. Newnam, FSA Taiwan – Won How Lo, FSA [email protected] [email protected] Israel – Alan Dubin, FSA Tanzania – William Klunk, ASA [email protected] [email protected] Jamaica – Janet Sharp, FSA Trinidad – Robyn Day, FSA [email protected] [email protected] Japan - Stephen Conwill, FSA United Arab Emirates – Ahmad Sami Sharif, FSA [email protected] [email protected] Ambassador Home Page | Ambassador Purpose | Ambassadors Wanted http://www.soa.org/links/listing.html 8/24/00 2000 Officers - Board of Governors Page 1 of 3 2000 Officers Board of Governors A. Norman Crowder, III Robert L. Brown President President-Elect David N. Becker Nancy A. Behrens Morris W. Chambers Vice-President Vice-President Vice-President Douglas C. Doll Peter Hepokoski Stephen G. Kellison Vice-President Vice-President Vice-President Past Presidents Howard J. Bolnick Anna M. Rappaport Immediate Past President Penultimate President http://www.soa.org/yearbook/officers.html 8/24/00 2000 Officers - Board of Governors Page 2 of 3 2000 Board of Governors Vincent Amoroso Robert M. Beuerlein Alan Brender William J. Bugg, Jr. Thomas R. Corcoran Gail A. Hall Neville S. Henderson Stuart Klugman Ethan E. Kra Richard L. (Dick) London Timothy C. Pfeifer Craig R. Raymond Edward L. Robbins Donald J. Segal Shirley Hwei-Chung Shao Judy L. Strachan Jack M. Turnquist Larry D. Zimpleman http://www.soa.org/yearbook/officers.html 8/24/00 2000 Officers - Board of Governors Page 3 of 3 General Counsel Alan E. Lazarescu Back to Yearbook | SOA Homepage http://www.soa.org/yearbook/officers.html 8/24/00 Board of Governors Listing Page 1 of 2 BOARD OF GOVERNORS 1999 - 2000 President Term Expires A. Norman Crowder, III 2000 President-Elect Robert L. Brown 2000 Vice-Presidents David N. Becker 2001 Nancy A. Behrens 2000 Morris W. Chambers 2001 Douglas C. Doll 2000 Peter Hepokoski 2000 Stephen G. Kellison 2001 Secretary/Treasurer Douglas C. Doll 2000 Past Presidents Howard J. Bolnick 2001 Anna M. Rappaport 2000 Board Members Vincent Amoroso 2002 Robert M. Beuerlein 2001 Allan Brender 2001 William J. Bugg, Jr. 2002 Thomas R. Corcoran 2002 Gail A. Hall 2000 Neville S. Henderson 2001 Stuart Klugman 2000 Ethan E. Kra 2000 Richard L. (Dick) London 2001 Timothy C. Pfeifer 2001 Craig R. Raymond 2000 Edward L. Robbins 2002 Donald J. Segal 2000 Shirley Hwei-Chung Shao 2002 http://www.soa.org/committees/board.html 8/24/00 Board of Governors Listing Page 2 of 2 Judy L. Strachan 2002 Jack M. Turnquist 2000 Larry D. Zimpleman 2001 General Counsel Alan E. Lazarescu Back to Committees & Task Forces http://www.soa.org/committees/board.html 8/24/00 By-Laws of the Society of Actuaries Page 1 of 10 By-Laws of the Society of Actuaries ARTICLE I REGISTERED OFFICE The registered office of the Society of Actuaries shall be located at 475 N. Martingale, Schaumburg, State of Illinois 60173. ARTICLE II REGISTERED AGENT The registered agent of the Society of Actuaries shall be the Executive Director, whose office shall be located at 475 N. Martingale, Schaumburg, State of Illinois 60173. ARTICLE III CHANGE OF REGISTERED OFFICE OR AGENT Upon compliance with all prescribed legal requirements, the Board of Governors may in the exercise of its discretion change the registered office or registered agent and may make any other necessary arrangements incidental thereto. ARTICLE IV MEETINGS OF THE SOCIETY SECTION 1. Place and Time. The annual meeting of the Society of Actuaries and all other meetings may be held either within the State of Illinois or elsewhere. The place and time of any meeting shall be designated by the Board of Governors except that such designation for a meeting called upon the request of not less than five percent of the Fellows shall be made by the President. The Board of Governors shall give consideration, among other factors, to the distribution of membership by residence in determining the locations of meetings. SECTION 2. Notice. Notice shall be given to each member not less than twenty days before each meeting, specifying the place, date, and hour of the meeting.
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