Actuarial Society of Malaysia’s Post

Professionalism - Developing Actuarial Judgement What is Actuarial Judgment and how does one develop it? This is a question that all actuaries have to grapple with given the nature of the work - making projections about the future with incomplete data, helping stakeholders make decisions amidst uncertainty, navigating potential conflicts of interest. The presenters will share insights from their own experience in developing and exercising actuarial judgement over long and successful careers. This will be an interactive session to explore the following topics: How do you develop Actuarial Judgment? Does one ever stop developing Actuarial Judgment? What are the most important lessons for aspiring young actuaries? Registration Fee ASM / CAS Member: RM 450 Only open to ASM or CAS members except Students Inclusive of ASM Annual Dinner Continuing Professionalism Development (CPD) Hour Professionalism Session: 1.5 hours Deadline for registration 12 November 2024 Register now. https://lnkd.in/gE74u3FD

The bulk of the ABCD’s work does not involve complaints or cases that result in disciplinary recommendations; more commonly, they involve inquiries from actuaries seeking counseling services. The ABCD refers to these counseling services as “Requests for Guidance.” Be sure to read Kenneth Hsu's and my article in the latest Actuarial Review to learn more. https://lnkd.in/e_-ajE_P

"The Code allows us to uphold the reputation of the actuarial profession, permitting our profession to continue to be self-regulated." Need a refresher on the Code of Professional Conduct? Check out my article in the latest issue of the Casualty Actuarial Society #ActuarialReview! In this part one (of two), I outline the history of the Code and describe the first six precepts, including examples of potential violations. Feel free to reach out with any actuarial professionalism questions you have! #actuary #professionalism

Created in partnership with the Institute and Faculty of Actuaries the 2024/25 Edition of our Actuarial Profession Guide is now available to download! This guide takes you through the basics of becoming an actuary; from minimum requirements needed to join the profession, essential skills to become an actuary, to professional qualifications. Download your copy here: https://ow.ly/pu3s50PJ98O #actuarialcareers #careeradvice #graduateguide

Good luck to all Actuarial candidates!  You've worked so hard to get to this point, so trust in your preparation and believe in yourself. Stay calm, stay focused, and remember—this is just one step in your journey. You've totally got this! We know exam day can feel a little overwhelming, but with the right mindset and preparation, you'll be just fine. To help you feel more confident, here are 7 simple tips to keep in mind for exam day:

🤔Why is actuarial science one of the least known yet most impactful professions? 1. Niche and Specialized: Focused on risk management and finance, it’s a field few encounter directly. 2. Low Media Visibility: Unlike doctors or lawyers, actuaries rarely feature in mainstream media. 3. Confusion with Other Fields: Many mistake actuarial work for accounting or finance, missing its unique role. 4. Small Community: A limited number of actuaries means less public exposure. 5. Challenging Path: The rigorous exam process keeps the profession exclusive. 6. Behind-the-Scenes Role: Actuaries work in corporate settings, often out of the public eye. It’s time we spotlight this profession that quietly ensures financial stability across industries!

The Institute of Actuaries embarked on its mission of academic excellence with the first actuarial exams in 1850. These exams were designed to uphold high professional standards, covering critical subjects like mortality rates, compound interest, life contingencies, and annuities. This rigorous syllabus set a challenging bar, ensuring that only individuals with deep expertise entered the profession. The structure of these early exams was intentionally demanding, reflecting the seriousness of actuarial responsibilities in assessing financial risks. Originally, only individuals already working within the field could attempt the exams, emphasizing that actuaries needed both theoretical knowledge and practical experience. ➡️ Did You Know? These exams were initially open only to those already employed in actuarial roles, ensuring that IFoA-certified actuaries had hands-on experience. This blend of knowledge and practical expertise became a hallmark of the profession. #ActuarialScience #actuary #ActuarialCareer #actuarial #actuarylife #actuary12h

With two weeks before registration and entries close, Shubhi Bhargava explains more about the Actuarial Innovation Challenge 2024 and why such competitions can benefit future actuarial careers

I’m happy to share that I have successfully passed my final actuarial exam, that being the N311.03 (Model Documentation Analysis and Reporting) exam! I am so excited as to what the future holds as I continue on my actuarial journey! #AcademicallyQualfied #RoadToFASSA

Let's be honest, actuarial science can feel theoretical. Memorizing formulas is great, but what about the real skills companies want? That's where Learn@AP comes in. Just finished their online course, and let me tell you, it was amazing! This course isn't about theory. It's about the practical stuff actuaries actually do. Taught by experienced actuary. It gave me the insider knowledge and skills companies actually want in new hires. Learn practical actuarial skills & earn your certificate at Learn@AP. https://lnkd.in/gtJdAGpK