why actuarial

The variety of work
You can work in specialist areas of insurance, pensions, benefits, healthcare, investments and banking, or for any large organisation where risk management plays an important role, or for a consultancy advising on all sorts of different projects.
An influential role
The unique skills of actuaries are behind many high-level strategic decisions made by large companies and governments, and can have a positive impact on legislation, businesses and individuals.
The rewards
Salaries and benefits packages are excellent from the beginning. In fact, it's one of the highest paid professions.
Intellectual satisfaction
Actuaries are problem solvers, in tune with what's happening in business through their interpretation of statistical data and knowledge of social and economic systems.
International opportunities
Once you're qualified, actuarial skills can take you anywhere in the world.
High standards
Actuaries combine good business sense with safeguarding the public's financial interests, upholding the highest professional standards.
A good life balance
There is flexibility to balance professional commitments with personal interests.

Faculty of Actuaries

The Faculty of Actuaries in Scotland was the professional body representing actuaries in Scotland. The Faculty of Actuaries was one of two actuarial bodies in the UK, the other was the Institute of Actuaries, which was a separate body in England, Wales and Northern Ireland. While the Faculty of Actuaries and the Institute of Actuaries were separate institutions, they worked very closely together, and the professional qualifications and professional standards for actuaries were identical in each of them. On 25 May 2010, voting members of the Faculty who took part in a ballot voted to merge the Faculty with the Institute of Actuaries, thus creating the Institute and Faculty of Actuaries which came into being on 1 August 2010, superseding the Institute of Actuaries which ceased to exist on that date.

society of actuaries

The Society of Actuaries (SOA) is a professional organization for actuaries based in North America. 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. It is a full member organization of the International Actuarial Association.

The Society'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 has three overall goals: providing primary and continuing education for students and practicing actuaries, maintaining high professional standards for actuaries, and conducting research on actuarial trends and public policy issues.