The Society of Actuaries (SOA), the world’s largest actuarial professional organisation, has announced the opening of its first regional office in Singapore. This strategic move is part of the SOA’s global expansion efforts to better serve its members and actuarial candidates in Asia. Jessie Li, FSA, has been appointed as the Regional Director for East and Southeast Asia and will lead the new office located at Ocean Financial Centre in Singapore’s Central Business District.
The SOA, headquartered in Chicago, Illinois, empowers over 34,000 members worldwide to address financial risks in sectors such as insurance, healthcare, and financial services. The organisation’s decision to establish a presence in Singapore builds on its existing offices in Hong Kong, Beijing, and Dubai. SOA President and Chair Amanda Hug emphasised the growing need for the actuarial profession in addressing global challenges, stating, “As opportunities and challenges around the world evolve, the actuarial profession is needed more than ever.”
Greg Heidrich, SOA CEO, expressed enthusiasm about the new office, highlighting its role in providing resources and support to actuaries in the region. “Building on our established presence in Hong Kong, Beijing, and Dubai, the opening of our SOA office in Singapore marks a pivotal step in strengthening our commitment to supporting actuaries and candidates across Asia,” he said.
The SOA’s Affiliate Membership programme, which includes over 28,000 members globally, aims to inspire students to pursue actuarial careers by offering free resources and hosting industry events. The Singapore office will facilitate networking events and collaborations with universities and employers to foster the growth of the actuarial community in the region.
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