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In today’s fast-paced world, data is king. Actuaries are no longer just number crunchers—they are the data-driven problem solvers who help companies predict the future. One of the hottest trends in the actuarial world is Predictive Analytics (PA), a skill set that’s transforming how actuaries approach risk and decision-making. Let’s dive into why the Predictive …

Corporate Finance and ERM (Enterprise Risk Management) $\bullet \quad$ Focus: Managing financial risk and strategy at a corporate level. $\bullet \quad$ Key Work: Develop risk models, help companies mitigate financial exposure, and work with corporate executives on strategic decisions. $\bullet \quad$ Skills: Financial modeling, risk management, understanding of corporate finance. Individual Life and Annuities $\bullet …

Becoming an actuary involves navigating through a series of exams that test your analytical, mathematical, and problem-solving abilities. If you’re considering pursuing the Society of Actuaries (SOA) pathway, understanding the structure of these papers is your first step toward success. Here’s a quick overview of the key exams and modules in the SOA’s journey. Foundational …

In a rapidly changing global landscape, the demand for skilled actuaries is on the rise, and the Society of Actuaries (SOA) is at the forefront of shaping this profession worldwide. From its growing presence in India to its established influence across the globe, the SOA continues to lead the charge in developing actuarial talent. But …

If you’ve ever considered a career where analytical thinking meets real-world problem-solving, becoming an actuary might be your calling. The Society of Actuaries (SOA) offers a clear pathway for aspiring actuaries, starting with earning the Associate of the Society of Actuaries (ASA) designation and advancing to the prestigious Fellow of the Society of Actuaries (FSA) …

PPD stands for Personal and Professional Development. It is a key component to qualify either an Associate or Fellow Actuary. PPD is focused on meeting practical work experience requirements. In this you are required to submit a minimum amount of credits and formal learning hours each year in order to sit exams and maintain your …

CPD stands for Continuing Professional Development. It is an attempt by the IFOA for its working professional students to ensure that they are doing something towards the profession outside of their work. The idea for CPD is to allow students to gain real professional benefits and career development. CPD is to be filled by the members …

| To obtain IAI membership, we can follow either of the two routes, ie., ACET route or Non-ACET route: ACET route: On the home page of IAI, under the “Students” tab, click on “Admissions” tab. There you can find the process of taking membership through the ACET route by clicking on “Announcement for Online Admission Process”. …

1. Getting Nervous Most candidates expect their interview to be an interrogation and not an interview. In interrogation, only one person asks the question and the other one answers, whereas in interview it is a business conversation between a job giver and a job seeker where both of them are required to answer & respond …

First interview is a very important milestone in everyone’s life and that going well gives a person a great morale boost. The following might help you to make it better and give your best: The 1st and the most basic step is to be able to land an interview in the 1st place. Make your …

Guide to applying for exemptions from IAI and IFoA: 1. IAI Exemptions against IFoA Papers cleared- IAI will allow exemptions paper-wise for all the Core Principles, Core Practices, and Specialist Principles subjects from IFoA retrospectively with effect from 01 Jan 2022. Exemption policy under IAI Education Curriculum 2019: for any CM, CS, CB, CP or …

According to the Institute of Actuaries of India (IAI), the demand for actuaries in India is growing rapidly, and the supply is limited. As per the IAI latest data (as on 31st March 2023), there are around 569 fellows and 231 associates in India. However, the requirement for actuaries is much higher, and the gap …

The correct order of giving Actuarial exams: If you know the correct order of appearing for the actuarial exams, you can clear many papers in an optimum span of time. You can appear for the actuarial exams from two institutes that are Institute of Actuaries of India (IAI) and Institute and Faculty of Actuaries (IFOA). …

VLOOKUP is an Excel function to look up data in a table organized vertically. VLOOKUP takes four arguments: lookup_value, table_array, column_index_num, and range_lookup. Lookup_value is the value to look for. Table_array is the range of vertical data to look inside. The first column of table_array must contain the lookup values to search. The column_index_num argument …

We know, all over the world, lives have been drastically affected since Covid hit us hard. Let’s see how the Actuarial examinations from April 2020 session, be it IAI or IFoA, have changed: Both the institutes shifted to online exams, though only IAI continued with proctoring, ie., IAI provides a separate browser specially for examining …