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.
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.
There are seven 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
- 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
SAS Life and Retirement Conference 2019
15 August 2019, Resorts World Sentosa, Singapore
The Life and Retirement Committees of the Singapore Actuarial Society are pleased to co-host LRC 2019 with the theme "The Future is Today".
The Future is Today conveys this sense of urgency. We have a stellar line-up of thought leaders and practitioners from diverse background within the life and retirement ecosystem, ranging from regulators, academia, reinsurance, insurtech, the public sector, and other related disciplines.
This year, our stellar line-up of industry leaders and practitioners sharing their ideas, experiences and solutions includes:
Ms Lee Wai Yi (MAS), Assistant Professor Ng Kok Hoe (NUS), Ms Lim Ming Jing (MoH), Mr Danny Quant (Milliman), Mr Jeremy Lim (Oliver Wyman) and many others.
Registration is now open and early bird rates end on 31 July 2019. More details can be found on SAS' website.
IFoA New Qualifiers Ceremony and members' event
23 August 2019, Le Meridien Kuala Lumpur
The Institute and Faculty of Actuaries (IFoA) would like to invite you to join Mr. Tan Suee Chieh, IFoA’s first Asian President-elect, for an evening buffet and networking session. We would also take this opportunity to celebrate the achievements of our newly qualified Associates and Fellows from Malaysia.
If you would like to attend, please email Marie Lee.
22nd Asia Actuarial Conference - Early bird registration open!
21 - 24 October 2019, Resorts World Sentosa, Singapore
The Singapore Actuarial Society (SAS) is pleased to host this year's AAC themed "Crazy Responsive Actuaries – Taking Action to Secure the Future".
Registration is now open and early bird rates end on 20 September 2019. Please visit AAC's website for more details.
The IFoA is proud to be a sponsor for this year's AAC. Do drop by our booth to say hi if you are attending! Hope to see you there!
IFoA Asia Conference 2020
June 2020, Kuala Lumpur, Malaysia
If you are interest to volunteer, be a sponsor 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.
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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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NoCA Event - Periodic Payment Orders (PPOs): the most extreme life risks are in non-life companies
N/A30 August 2019Presenter Matt Modisett
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IFoA & PRI Webinar: TCFD – leaders and challenges
Online webinar2 September 2019In collaboration with the Institute and Faculty of Actuaries, the Principles of Responsible Investment is delighted to host this webinar discussing the response to the TCFD’s recommendations two years on from their publication. The webinar will feature new analysis of the 591 investors representing $45 trillion who responded to PRI’s 2019 climate indicators, insights from the past Chair of the IFoA’s Resource and Environment Board as well as an investor case study of implementation in practice from Aviva.
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SIAS Event: Climate Zero to Climate Hero
Staple Inn Hall, High Holborn, London, WC1V 7QJ3 September 2019An introductory session to help you get ahead with climate change.
- Science, terminology and initiatives: handy facts to keep in your back pocket
- Getting your point across: how to influence people and avoid common traps and pitfalls
- Taking action: what are actuaries expected to do...and what are we actually doing?
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KSS event – The Regulatory Perspective
Deloitte Saltire Court 20 Castle Terrace Edinburgh EH1 2EG5 September 2019This KSS talk, presented by the FCA Head of Department in Scotland, will focus on the following 3 main areas:
- FCA business plan priorities
- The future of regulation
- FCA Engagement in Scotland
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Professional Skills Training session (Jointly held with China Life)
China Life Insurance, Beijing • China Life Shanghai Office • China Life Shenzhen Office6 September 2019Friday, 6 September, Beijing Local Time (CST) 14.00-16.30; British Summer Time (BST) 07.00-9.30
The IFoA Beijing Office and China Life are pleased to be co-hosting a Professional Skills Training (PST) session in Beijing, Shanghai and Shenzhen on Friday, 6 September. Wen Li (FIA), the IFoA Lead Representative in China and East Asia, will lead the PST presentation and discussion on ‘Getting it right!’.
The main venue will be in Beijing. Members in Shanghai and Shenzhen can join the interaction with Beijing via video conference at China Life’s regional venues. (see full details below)
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Sessional Research Event - Risk Margin Working Party
Staple Inn Hall, High Holborn London, WC1V 7QJ9 September 2019This event is now fully booked. Please click here to register for the wait list.
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Webinar: Opportunities for Actuaries in Banking -16 September
Worldwide16 September 2019The actuarial profession has much to offer the world of banking. In this second webinar on opportunities for actuaries in banking we have two actuaries sharing their experience
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GIRO Conference 2019
EICC, The Exchange, 150 Morrison St, Edinburgh EH3 8EE24-26 September 2019
GIRO is attended annually by over 800 delegates and speakers who are keen to discuss key topics such as Pricing, Reserving, Modelling and the future of the insurance industry. GIRO 2018 was a huge success and we have opened bookings early for what we hope will be another brilliant conference at the EICC in Edinburgh this year. `
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NOCA event - Discount Process Is The Problem
N/A27 September 2019Presenter Jon Spain
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Chief Actuaries and Senior Life Actuaries Workshop 2019
Staple Inn Hall High Holborn London WC1V 7QJ2 October 2019
This workshop, now in its sixth year, is aimed at senior actuaries working in life insurance - predominantly Chief Actuaries, but also Reviewing Actuaries and others working in risk and financial reporting. It will provide seven hours of relevant CPD. -
The Future of the Actuarial Profession
Staple Inn Hall, High Holborn London WC1V 7QJ3 October 2019Three actuaries – and CEOs – discuss their views on how the business world is changing and what that might mean for actuaries in the future.
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Sessional: Applying Actuarial Theory and Techniques in Non-Traditional Areas - A ‘Green’ Case Study
9 Queen St, Edinburgh EH2 1JQ7 October 2019Have you ever thought about working in wider fields? Would you like to play a role in the fight against climate change to make the planet better?
It can be difficult to do this - but seeing an example you can follow can make it more realistic. In this ‘green’ case study a template is outlined to show how actuaries can apply their skills more broadly - and in doing so, to make a difference.
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RSS/IFoA Data Science Ethics: the role of practitioners
Royal Statistical Society, 12 Errol St, London EC1Y 8LX7 October 2019The Institute and Faculty of Actuaries and the Royal Statistical Society have worked together to develop joint ethics guidance on data science. This is the culmination of an 18 month programme of practitioner led work.
Join us for the launch of this new guidance, with a high-level panel discussion which will explore the role of data science practitioners and professional bodies in data ethics. -
Sessional Meeting - Autonomous Vehicles and impacts on the wider insurance industry
Staple Inn, High Holborn, London WC1V 7QJ28 October 2019The Institute and Faculty of Actuaries is running a sessional meeting on autonomous vehicles on 28th October. The session will showcase the work of the IFoA “Autonomous Vehicles” working party alongside a number of expert external presenters.
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ARC Event: Beyond Proportional Hazards
Staple Inn Hall, High Holborn, London, WC1V 7QJ30 October 2019
ARC Event: Beyond Proportional Hazards: Statistical methods for assessment of the impact of medical advances and health interventions on longevity and population projections.
This workshop is being delivered by the Actuarial Research Centre’s (ARC) ‘Big Health and Actuarial Data’ Research Programme.
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Hot Topics in Health and Care: Networking and Drinks
Staple Inn, 4 High Holborn, London WC1V 6DR4 November 2019This evening will feature two new cases studies that highlight the implications for insurers of issues impacting on health and mortality for life, pensions, and health and care products; Impactability modelling: a worked example in Type II diabetes presented by Josephine Robertson, and Seasonal Mortality in England and Wales 1993-2016 presented by Mary Hall, Dublin City University. -
Autumn Pension Seminar
Grand Connaught Rooms, 61-65 Great Queen St, Holborn, London WC2B 5DA13 November 2019Join us for this brand new seminar that brings together our Current Issues in Pensions, Pensions and the Law, and Investment for Pension Actuaries events. The seminar builds on the IFoA’s Annual Pension Conference with sessions covering CDC, TPR’s code of practice, investments, legal updates and Professional Skills Training with a focus on interactive discussion throughout. -
KSS event: How is Scotland’s population changing and what are the implications?
Barnett Waddingham, 163 West George Street, Glasgow, G2 2JJ14 November 2019The National Records of Scotland (NRS) collects, preserves and produces information about Scotland's people and history to inform current and future generations - work that underpins the fabric of Scottish society and tells the story of our nation. This KSS talk will explore the following and other areas impacting Scotland’s changing population, and assess the potential implications of the changes:
- population statistics
- life expectancy
- changes in age structure
- birth and death rates, including causes of death statistics.
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Life Conference 2019
The Convention Centre Dublin, Spencer Dock, North Wall Quay, Dublin 120-22 November 2019The Life Conference is the premier event for professionals interested in life insurance. Offering a wide range of workshops and plenary sessions it’s the perfect opportunity to discover what’s hot and current in life insurance ensuring you get up to date on the latest thinking and innovation whilst meeting and exchanging ideas with a broad range of professionals. -
Autumn Lecture 2019, London - Rt Hon Nicky Morgan MP
Lincoln's Inn The Treasury Office, London WC2A 3TL2 December 2019The IFoA is pleased to announce that this year’s Autumn Lecture will feature the Rt Hon Nicky Morgan MP as its guest speaker. Nicky has previously served as Financial Secretary to the Treasury and Minister for Women. She now chairs the Treasury Select Committee whose remit is to examine the expenditure, administration and policy of HM Treasury, along with all of its agencies and associated bodies. -
Autumn Lecture 2019: Live Streaming
Webinar2 December 2019Watch the live stream of this year's Autumn Lecture with guest speaker Rt Hon Nicky Morgan MP. -
Behavioural Finance Research Launch- 14 January 2020
Staple Inn, 4 High Holborn, Holborn, London WC1V 6DR14 January 2020We are delighted to announce the launch of the findings from our ARC funded Behavioural Finance research with a special evening event at Staple Inn on Tuesday14th January 2020. Entitled Behavioural Aspects of Institutional Investment Decision-Making, this research programme is being delivered by City, University of London, Leeds University Business School and Ipsos.
This workshop, now in its sixth year, is aimed at senior actuaries working in life insurance - predominantly Chief Actuaries, but also Reviewing Actuaries and others working in risk and financial reporting. It will provide seven hours of relevant CPD.