Society Of Actuaries
Updated: 02 December 2024
What Does Society Of Actuaries Mean?
The Society of Actuaries (SOA) is a professional organization for actuaries—individuals who assess risks for insurers—boasting over 24,000 members from the United States, Canada, and around the world. The SOA’s mission is to advance actuarial knowledge through research and education. The credentials it offers help those who earn them stand out in their field.
Insuranceopedia Explains Society Of Actuaries
Membership in the Society of Actuaries (SOA) can help actuaries stand out by enhancing their perceived professionalism. The SOA offers a range of exams, and passing these exams allows actuaries to earn various credentials that distinguish them in their field. The SOA was formed in 1949 when the Actuarial Society of America merged with the American Institute of Actuaries.
Related Definitions
Related Terms
Related Articles
Insurance Agents: What’s the Point?
Why Your Insurance Company Will Soon Use Drones (If It Doesn’t Already)
5 Questions to Ask Before Choosing an Insurance Agent
What Is an Insurance Broker?
The Future of Insurtech: How Technology is Transforming the Insurance Industry
Inside the Details of Auto Transport Insurance: An Expert Interview
Related Reading
Revealing the Most And Least Popular U.S. Insurance Companies
How to Get Into the Insurance Industry With a Finance Degree