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The Actuarial Association of Europe (AAE) was established in 1978 as Groupe Consultatif des Associations d'Actuaires des Pays des Communautés Européennes (GC), renamed to Groupe Consultatif Actuariel Européen in 2002, and given its present name on January 1, 2014.
Despite the actuarial profession advising a shortage of actuaries, freedom of information requests to the UK Border Agency (now superseded by UK Visas and Immigration) have revealed that only 19 people emigrated to the UK to work as an actuary via the shortage occupation list from 1 November 2011 to 12 March 2013.
For this reason, actuaries are essential to the insurance and reinsurance industries, either as staff employees or as consultants; to other businesses, including sponsors of pension plans; and to government agencies such as the Government Actuary's Department in the United Kingdom or the Social Security Administration in the United States of ...
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The government actuary is the individual actuary that is responsible for the overall running and leadership of GAD. [2] The holders of this role have been: [3] Alfred Watson, 14 May 1917 – 7 May 1936; George Epps, 19 May 1936 – 30 November 1944; Percy Harvey, 1 December 1944 – 30 August 1946; George Maddex, 31 August 1946 – 31 March 1958
Many universities have undergraduate and graduate degree programs in actuarial science. In 2010, [needs update] a study published by job search website CareerCast ranked actuary as the #1 job in the United States. [2] The study used five key criteria to rank jobs: environment, income, employment outlook, physical demands, and stress.
Watson Wyatt Worldwide, Inc. was a global consulting firm that merged in January 2010 with Towers Perrin to form Towers Watson.The firm's services included managing the cost and effectiveness of employee benefit programs; developing attraction, retention and reward strategies; advising pension plan sponsors and other institutions on optimal investment strategies; providing strategic and ...
The Society of Actuaries (SOA) is a global professional organization for actuaries. 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. [1] It is a full member organization of the International Actuarial Association. [2]