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 five employers in South-East Asia that have achieved the IFoA’s Quality Assurance Scheme (QAS) accreditation. The most recent addition is AIA Malaysia and Nicholas Actuarial Solutions.
The QAS accredited organisations in South-East Asia are:
- Actuarial Partners Consulting Sdh Bhd (Group Actuarial department)
- AIA Berhad, AIA Public Takaful Bhd, AIA General Berhad
- AIA Company Limited (Thailand Actuarial department)
- Aon Singapore Centre Innovation, Strategy & Management Pte Ltd
- Nicholas Actuarial Solutions
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
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.
IFoA Asia Conference 2020
Due to travel restrictions and event regulations in place for COVID-19, we are unable to hold our annual IFoA Asia Conference in-person.
This has now moved online to a series of webinars in September. More details about the webinars can be found on our Asia Conference Webinar Series page.
Singapore Actuarial Society's Virtual Health & Retirement Conference
2-3 September 2020, 15.00-18.00 (GMT+8)
The Singapore Actuarial Society (SAS) is delighted to announce that their Health and Retirement Committees will be jointly organising a Virtual Health & Retirement Conference themed “React, Refocus, Revitalize!” to recognise the challenging times we live in.
For more information and registration, please visit SAS website.
CERA Seminar - postponed to later in the year
CERA have taken the decision to postpone this seminar. A new date will be announced pending further reviews over the following months.
Please note that we are closely monitoring the coronavirus situation and may have to postpone or cancel this seminar should the need arise.
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.
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.
163 Tras Street, #07-05
Lian Huat Building,
Contact number: +65 6906 0889
*The IFoA Singapore office is now close and we are working remotely. Plese contact Caryn or Marie if you have any questions.
Caryn Chua, South-East Asia Actuary Representative
Contact number: +65 8838 5848
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
There will be a prestigious line-up of international speakers discussing the insurance and financial industry’s innovation and change in Asia. The conference will take place throughout September via an online platform. The webinars consist of plenary speaking sessions and a series of workshop sessions including Life, GI, Data Science, Sustainability, Risk Management and Investment.
This will be the perfect opportunity for you to discover,ask questions and be at the forefront of current and developing actuarial/financial topics and trends in Asia.
This free 90 minute webinar is designed to support the IFoA CPD Co-ordinators, and others, involved in supporting our members to achieve their CPD requirements.
The programme will include an overview of the new CPD Scheme; specifically sharing with you key messages to support you implement and embrace the new CPD Scheme for our members within your organisation and regional community; how to arrange a reflective practice discussion; and an interactive reflective practice discussion learning exercise. In addition, delegates will gain information about accessing, and making the most of the IFoA event Toolkits which you can make use of to run your own in-house events and events for regional communities.
“Lifestyle Product” being the key to make insurance a daily necessity rather than a luxury, by having high engagement and interaction with the consumers through:
Consumer expectations are changing Insurance. The Royal Commission in Australia, Design Obligations in the UK, the insurtech ecosystem, and digital-first consumers demanding personalised solutions will all revolutionise how insurance looks like in the future.
This presenter / panel workshop hybrid will be anchored by two presentations examining the socioeconomic, medical and technological factors that will have a significant impact on mortality and our pricing over the next 20 years and beyond. It will also discuss whether significant mortality improvement will continue in Asia or whether varying experience of low improvements or deterioration.
16.00-17.00 (GMT+8) | 09.00-10.00 (BST)
This presentation explores some liability-aware investment solutions to address local regulatory changes faced by insurance companies in Asia.
This presentation aims to provides an overview of the reformation of current Chinese regulatory solvency regime, how industry coping with the new normal after pandemic time and how the reformation of the regulation could help the insurance industry gets back on its feet as well as coming back to the “protection” core value for the policyholders. The presentation would include:
16.00-17.00 (GMT+8) | 09.00-10.00 (BST)
The basic data of China’s 2nd Critical Illness Mortality Table covers 2000+ products in Chinese market, including about 340 million insurance policies and 5.1 million claimants. Presenter will give the audience a general understanding including but not limited to the following contents:
What are the advantages of using artificial intelligence (AI) in investing? What are the differences between traditional quant and AI? This new webinar discusses challenges and the future of AI in the investment sector.
Delivered by the IFRS 17 Contractual Service Margin working party.
The Certified Actuarial Analyst (CAA) qualification has rapidly established itself as adding real value, to insurers and consultancies, and to the clients of consultancies, around the World. CAAs work alongside actuaries and actuarial students, as well as other financial services professionals, in an increasingly broad range of roles and fields.
This session is a repeat of the one earlier today at 09:30
Many individuals and institutions have a long-term focus, and invest funds for the benefit of future generations. Their strategy should reflect their long horizon. University endowments are one of the oldest classes of institutional investor, and I will present the first study of the management of these endowments over the very long term.
This year's GIRO has been re-designed as a virtual conference to offer members and non-members the opportunity to get up to date content from leading experts in the general insurance field via online webinars. All sessions will be recorded and made available to purchase and re-watch post-event on the IFoA's GI Online Learning Resource area.
Cash-flow driven investing is a game-changer for DB pension funds navigating their end-game. Suitable for sponsors who want to reduce risks on their balance sheets. And for trustees, it shifts the focus to providing greater certainty of returns, managing funding level volatility and ensuring they have enough income to pay cash-flow requirements.
The talk will provide an understanding of the priorities and relationships between deficit reduction contributions, in the context of wider scheme funding, and different types of value outflow from the employer based on the working party’s recently published report.