With a rapidly growing membership in South-East Asia and a unique network of businesses, governments and academic institutions, we are committed to supporting our members, their employers, students and educators all across the region.
The IFoA will be organising the sixth IFoA Asia conference, our annual cross-practice actuarial event, to be held on 24-25 June 2020 in Kuala Lumpur, Malaysia.
Sponsors and speakers: If you are interested to be a sponsor or speaker, please contact:
- The events team at eventmanagement@actuaries.org.uk
- Caryn Chua at caryn.chua@actuaries.org.uk or Marie Lee at marie.lee@actuaries.org.uk
Learn more about the services we offer
Become an actuary
Whether you're thinking about becoming an Associate, Fellow or Actuarial Analyst, the profession offers an exciting career for those who are ready to take the next step and get more from their love of maths.
Every year we welcome new students from all across South-East Asia who are inspired by the idea of becoming an actuary.
To qualify as an actuary you need to apply to become a student member of the Institute and Faculty of Actuaries (IFoA). You then need to pass our exams, which typically run in April and September, and gain a satisfactory level of work-based skills.
To find out more about the IFoA and how you can achieve your career goals, download our "More than maths" brochure today.
Being an actuary: our members' experience
Our members in South-East Asia work in traditional areas such as insurance, but also in non-traditional areas such as banking, investment, InsurTech and in digital roles.
Here are some stories from our members on the wide range of opportunities being an actuary gives you:
"The most important thing for an actuary is to have the right mindset to be able to manage people, adjust and convince people that you can do anything."
Anusha Thavarajah, CEO, Malaysia (Read the case study)
"I work in a small team in a reinsurance broker and the scope of work can be very diverse. Given the backdrop of maturity in the data science field, the increasing sophistication of the insurance industry in Asia, and the shifting insurance regulatory regimes in the region, it is clearly an exciting time to be an actuary."
Chris Lim Shen, Senior Analyst, Singapore (Read the case study)
"I enjoy developing a positive working relationship with my clients. It motivates me when I am able to solve their problems, and as a result, become their "first-to-go-to" contact. This makes my work feel more meaningful. I also enjoy the opportunity to apply my technical actuarial skills to creatively deliver innovative solutions for my clients whilst ensuring robust risk management practice."
Albertus Teddy Setiadi, Director, Singapore (Read the case study)
Supporting actuarial employers in South-East Asia
We are committed to promoting quality assurance at an organisational level to ensure confidence in the work of actuaries in South-East Asia.
There are now four employers in South-East Asia that have achieved the IFoA’s Quality Assurance Scheme (QAS) accreditation. The most recent addition is AIA Thailand, the first QAS accreditation awarded in Thailand.
The QAS accredited organisations in South-East Asia are:
- Actuarial Partners Consulting Sdh Bhd (Group Actuarial department)
- AIA Company Limited (Thailand Actuarial department)
- Aon Singapore Centre Innovation, Strategy & Management Pte Ltd
- Insurance Consulting and Technology (ICT) lines of business for Willis Towers Watson Consulting (Singapore) Pte Ltd; Towers Watson Hong King Ltd; and PT Towers Watson Indonesia
Become an accredited university
The IFoA works with a range of accredited universities in South-East Asia to ensure the highest quality in actuarial education and training.
Top 3 reasons why universities apply for IFoA's accreditation:
- enhance their actuarial science programmes
- boost student employability
- increase their profile worldwide
There are eight universities in South-East Asia that have exemptions to at least some of the IFoA’s exams, these are:
- Asia Pacific University, Malaysia
- Heriot-Watt University, Malaysia
- Mahidol University, Thailand
- Nanyang Technological University, Singapore
- Sunway University, Malaysia
- UCSI University, Malaysia
- University of Malaya, Malaysia
- Universiti Teknologi Mara, Malaysia
View our list of accredited universities
Interested in becoming an accredited university? Contact us to find out more.
Become a volunteer
IFoA Volunteers are at the heart of everything we do. Volunteering brings a range of great benefits.
We have an active volunteer community in South-East Asia. There are over 70 volunteers in the region.
“Volunteering provides opportunities for members to interact with other actuaries, globally, and gives them a platform to exchange ideas and understand a variety of issues observed in developed and developing countries.”
Farzana Ismail (Read the case study)
"My role in the ISCF has also given me the opportunity to engage with many actuarial students in my region. By sharing their experience, thoughts and concerns with the IFoA Education team, I hope I can somewhat contribute in shaping the future of aspiring actuaries."
Ooi Choong Hern (Read the case study)
“I would encourage you to step forward and become a CPD Co-ordinator for your company!”
Pay Peng Neo (Read the case study)
Please contact us to find out more about volunteering opportunities in South-East Asia.
News
Tan Suee Chieh has been appointed as the President-elect for 2019 and will take on the role of President in June 2020. Click here for the full article.
The January 2019 edition of The Actuary magazine featured Sophia Ch'ng, an IFoA member based in Malaysia.
Read our latest South-East Asia newsletter for news on:
- the Chartered Actuary qualification
- acting in the public interest
- the Pensions Board and more
Head to our International section for pervious editions.
Events
Vietnam Actuarial Conference, Ho Chi Minh City
29 November 2019, Intercontinental Hotel Saigon
The Vietnam Actuarial Conference is an annual event organized by industry members and targeted at all life insurance actuarial professionals in Vietnam. This is a valuable opportunity for the industry to unite and develop new connections while expanding their horizon and knowledge of industry developments.
Please visit the website for more details and registration.
Joint General Insurance Seminar, Malaysia
11 - 12 December 2019, DoubleTree Hilton, Kuala Lumpur
The 6th Joint Annual General Insurance & Takaful Seminar ‘Strength in Numbers’ will consider the rise in technology and data advancement and its impact to the business environment on general insurance and takaful. The sessions will provide insights from practitioners around the world on how the industry is responding. Topics will cover local, regional and global challenges and innovations, including but not limited to:
• Data Science & Artificial Intelligence
• Cashless Society
• Microinsurance
• Automation
• Telematics
• IFRS17
• Climate Change
• Takaful
This event is relevant for actuaries and general insurance professionals. The sessions have been designed to cater for experienced professionals, students and those new to the general insurance industry alike. Attendees will also have the opportunity to network throughout the event and are invited to a networking reception at the end of day one.
Early bird registration ends on 22 November 2019.
IFoA Asia Conference 2020 - Call for speakers is now open!
24 - 25 June 2020, CCEC Nexus, Kuala Lumpur, Malaysia
The sixth annual Asia Conference once again offers a prestigious line-up of home and international speakers discussing the insurance and financial industry’s innovation and change in Asia. This year's conference in Kuala Lumpur will be hosted by Tan Suee Chieh, IFoA’s first Asian President. He will also make his Presidential address at this conference and will expand on the important elements of IFoA’s new strategy.
Additionally, this landmark conference will showcase how the IFoA is reinventing itself to support its members to succeed and thrive in a digital age, within traditional businesses and beyond, as a global organisation.
If you are interested to speaker at the event and would like to submit, please visit the abstract submission page.
If you are interested to be a sponsor, exhibitor or speaker, please contact:
- Events team at eventmanagement@actuaries.org.uk,
- Caryn Chua at caryn.chua@actuaries.org.uk, or
- Marie Lee at marie.lee@actuaries.org.uk.
Event speakers
Looking for speakers? Our members are experienced speakers on a range of topics with recent presentations in South-East Asia on cyber risk, retirement adequacy and IFRS17.
About us
The IFoA’s Singapore office has been in operation since 2014 and we were the first, and remain the only, international body to have an office in South-East Asia. The office has been set up to cater to our 1,000+ members in Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam. Please get in touch with us if you have an interest in joining the actuarial profession, or employing actuaries in South-East Asia.
| Contact details | |
|---|---|
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163 Tras Street, #07-05 Lian Huat Building, Singapore 079024 Contact number: +65 6906 0889 |
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Caryn Chua, South-East Asia Actuary Representative Contact number: +65 8838 5848 |
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Marie Lee, South-East Asia Regional Coordinator Contact number: +65 8778 1784 |
We also work closely with the local societies in the region:
Filter or search events
Events calendar
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Your Actuarial Career: Managing Career Breaks
Staple Inn Hall, High Holborn, London, WC1V 7QJ5 December 2019
Maternity or paternity leave, sabbaticals to study or travel, managing care responsibilities or escaping unemployment – Join Chika Aghadiuno and a panel of IFoA guests including Rachel Vecht, Women Ahead (International), Lee Faulkner, Financial Wellbeing Actuary, First Actuarial, Emily McGuire, Partner at Aon Hewitt, and Sarah Mathieson, Head of Research and Knowledge, IFoA, to ex -
Sessional Meeting - Silent Cyber Assessment Framework
Staple Inn Hall, High Holborn, London, WC1V 7QJ9 December 2019The (re)insurance industry is faced with a growing risk related to the development of information technology (IT). This growth is creating an increasingly digitally interconnected world with more and more dependence being placed on IT systems to manage processes. Note: Registration is from 17.30 in time for the sessional to begin at 18.00. -
CPD Member Event in Shanghai, China
Function Room, F39, S1 Fuson Group, the Bund Finance Centre, No.600 Zhongshang East 2nd Road, Huangpu District, Shanghai Chinese address：BFC外滩国际金融金融中心，S1复星集团,39层报告厅,上海中山东二路600号9 December 2019The IFoA’s President-elect Tan Suee Chieh will visit Shanghai. We will host CPD and Awards Presenting event on Monday 9 December 2019. The event is part of Mr Tan’s first presidential trip to China.
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Professional Skills Training - London (10 December 2019)
Staple Inn, High Holborn, London WC1V 7QJ10 December 2019This event will be of interest to students and recently qualified actuaries.
A 2 hour CPD event designed to meet the IFoA’s Stage 3 Professional Skills Training under the IFoA’s CPD Scheme 2019/2020. The content and discussion at this session is particularly tailored to actuarial students and newly qualified actuaries working in any area and the format is interactive, so you should come along prepared to take part in the discussions with your peers.
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IFoA Joint Member Event with the Sunshine Insurance Group, Beijing China
Room TBC, Kuntai International Plaza, No.12, Chaowai Street, Chaoyang District, Beijing 地址：会议室待定，北京市朝阳区朝外大街乙12号1号楼昆泰国际大厦12 December 2019The IFoA’s President-elect Tan Suee Chieh will visit Beijing. We will co-host CPD and Awards Presenting event with the Sunshine Insurance Group on Thursday 12 December 2019. The event is part of Mr Tan’s first presidential trip to China.
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NOCA event - The stochastic full balance sheet model
N/A13 December 2019Presenter Bill Curry
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ARC Sessional Research Event: Drivers of Mortality - Risk Factors and Inequality
Staple Inn Hall, High Holborn, London, WC1V 7QJ6 January 2020
The authors will focus on a large dataset obtained from the UK’s Office for National Statistics (ONS) and related sources. Data are available at the level of Lower Super Output Areas (LSOAs) – small geographical areas with, typically, 1000-2000 residents and include death counts, exposures and a significant number of socio-economic variables including the index of multiple deprivation (IMD). -
SIAS Event: My Journey to Data Science, Big Data and AI
Staple Inn Hall, High Holborn, London, WC1V 7QJ7 January 2020Patrick Lee is an actuary who has made the transition to working in software architecture and artificial intelligence (AI). He holds Microsoft Professional qualifications in Data Science, Big Data and AI and is currently working towards a DevOps (the automation of software testing and deployment) qualification. He is a member of the IFoA Council and is also President of the Wessex Actuarial Society. He is also a member of the IFoA and the RSS's joint Data Science Focus Group and will talk on the ethical use of AI.
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NED Event: Actuaries as iNEDs of Investment Fund Boards / Investment Governance Committees and Value
Staple Inn Hall High Holborn London WC1V 7QJ9 January 2020The event will be chaired by Brandon Horwitz, an actuary who is a consultant who has held various investment governance roles and who specialises in investment governance as well as being an iNED.
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NoCA event - The Matching Adjustment Calculation
N/A10 January 2020This presentation covers the detail for how the matching adjustment is calculated. A small simple example spreadsheet is provided and discussed in detail.
For actuaries wanting to get more involved with the matching adjustment, this is the opportunity to get a detailed description of the mechanics involved. This includes cashflows derisking, PRA tests as well as hypothecation.
The presentation is provided by James Sharpe who has worked on a number of matching adjustment calculations with several firms.
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IFoA Volunteer Recognition Reception
Staple Inn, 4 High Holborn, Holborn, London WC1V 6DR, UK15 January 2020As a thank you to all our Institute and Faculty of Actuaries (IFoA) volunteers, you are invited to join us at Staple Inn Hall, for an evening of drinks, canapes and networking, in London.
IFoA President, John Taylor, will be attending and will make a speech
If you support the IFoA as a volunteer (member or non-member), or in any other role, and you are going to be in London on 15 January, please book your place and join us at this reception.
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Professional Skills Training - London (16 January 2020)
Staple Inn, High Holborn, London WC1V 7QJ16 January 2020This event is now fully booked. To join the waiting list please click here.
A Trusted Profession
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Sessional Meeting - Operational Risk Dependencies
Royal College of Physicians of Edinburgh 9 Queen St Edinburgh EH2 1JQ20 January 2020The Operational Risk Working Party aims to assist actuaries and others in the modelling and management of operational risk. One of the key challenges in modelling operational risk is the modelling of dependencies between operational risks, and between operational and non-operational risks such as market, credit and insurance risk. Their paper seeks to assist in this regard, and help develop good practice in setting assumptions and modelling operational risk dependencies.
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Professional Skills Training - Edinburgh (23 January 2020)
IFoA (Edinburgh), Level 2, Exchange Crescent 7 Conference Square Edinburgh EH3 8RA23 January 2020This event is now fully booked. To join the waiting list please click here.
A Trusted Profession
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KSS event in Glasgow: Public Sector Pensions
Hymans Robertson, Glasgow 20 Waterloo St, Glasgow30 January 2020– the unappreciated key assumption, the resulting unsustainable promises, the unmanaged risk and the unrecognised debt?
Speaker: Allan Martin will present this talk on 30 January in Glasgow, Stirling and Edinburgh. If you wish to register for another location please return to the Events Calendar.
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KSS event in Stirling: Public Sector Pensions
M&G Prudential, Stirling Craigforth Campus, Stirling30 January 2020– the unappreciated key assumption, the resulting unsustainable promises, the unmanaged risk and the unrecognised debt?
Speaker: Allan Martin will present this talk on 30 January in Glasgow, Stirling and Edinburgh. If you wish to register for another location please return to the Events Calendar.
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KSS event in Edinburgh: Public Sector Pensions
Hymans Robertson 1, Exchange Place, Semple St, Edinburgh30 January 2020– the unappreciated key assumption, the resulting unsustainable promises, the unmanaged risk and the unrecognised debt?
Speaker: Allan Martin will present this talk on 30 January in Glasgow, Stirling and Edinburgh. If you wish to register for another location please return to the Events Calendar.
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NoCA event - The UN’s Sustainable Development Goals: The role of actuaries
N/A31 January 2020Presenters: Rebecca Deegan, Head of Policy, IFoA, and Faye Alessandrello, Policy Manager, IFoA
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ARC Sessional Research Event
Staple Inn Hall, High Holborn, London, WC1V 7QJ3 February 2020This sessional will be delivered by members of the research team working on the ARC “Big Health & Actuarial Data’ research programme, led by Professor Elena Kulinskaya (University of East Anglia).
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Professional Skills Training - London (11 February 2020)
Staple Inn, High Holborn, London WC1V 7QJ11 February 2020A Trusted Profession
A 2 hour CPD event designed to meet the IFoA’s Stage 3 Professional Skills Training under the IFoA’s CPD Scheme 2019/2020. This session is suitable for actuaries working in any area (i.e. it is not specifically aimed at Pensions, GI or any other technical discipline) and is interactive, so you should come along prepared to take part in the discussions.
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Sessional: Impact of E-cigarettes Working Party
Royal College of Physicians, 9 Queen St, Edinburgh EH2 1JQ24 February 2020This sessional meeting will be of direct interest to actuaries and others working in the in the Health and Care, Life or Pensions sectors or indeed actuaries with an interest in morbidity or mortality. Note: Registration is from 17.30 in time for the sessional to begin at 18.00. -
Professional Skills Training - Edinburgh (25 February 2020)
IFoA (Edinburgh), Level 2, Exchange Crescent 7 Conference Square Edinburgh EH3 8RA25 February 2020A Trusted Profession
A 2 hour CPD event designed to meet the IFoA’s Stage 3 Professional Skills Training under the IFoA’s CPD Scheme 2019/2020. This session is suitable for actuaries working in any area (i.e. it is not specifically aimed at Pensions, GI or any other technical discipline) and is interactive, so you should come along prepared to take part in the discussions.
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NoCA event - Model Risk
N/A28 February 2020Presenter: Mark Pibworth
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Spring Lecture 2020, Edinburgh - Vicky Pryce
Assembly Rooms, 54 George St, Edinburgh EH2 2LR25 March 2020What next in Economic Policy? Please join us on 25 March 2020 for our annual Spring Lecture presented by Vicky Pryce in Edinburgh.
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NoCA event - Intergenerational Fairness: Thinking long-term
N/A27 March 2020Presented By: Rebecca Deegan, Head of Policy, IFoA, and Catherine Burtle, Senior Policy Analyst, IFoA
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IFoA Asia Conference 2020, Kuala Lumpur
CCEC Nexus, 7, Jalan Kerinchi, Bangsar South, 59200 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia24-25 June 2020The sixth annual Asia Conference once again offers a prestigious line-up of home and international speakers discussing the insurance and financial industry’s innovation and change in Asia. This year's conference in Kuala Lumpur will be hosted by Tan Suee Chieh, IFoA’s first Asian President. He will also make his Presidential address at this conference and will expand on the important elements of IFoA’s new strategy. Additionally, this landmark conference will showcase how the IFoA is reinventing itself to support its members to succeed and thrive in a digital age, within traditional businesses and beyond, as a global organisation.
Not to be missed by international industry players, opinion formers, academic and industry leaders, actuaries and non-actuaries.
Maternity or paternity leave, sabbaticals to study or travel, managing care responsibilities or escaping unemployment – Join Chika Aghadiuno and a panel of IFoA guests including Rachel Vecht, Women Ahead (International), Lee Faulkner, Financial Wellbeing Actuary, First Actuarial, Emily McGuire, Partner at Aon Hewitt, and Sarah Mathieson, Head of Research and Knowledge, IFoA, to ex
The authors will focus on a large dataset obtained from the UK’s Office for National Statistics (ONS) and related sources. Data are available at the level of Lower Super Output Areas (LSOAs) – small geographical areas with, typically, 1000-2000 residents and include death counts, exposures and a significant number of socio-economic variables including the index of multiple deprivation (IMD).