The SOA Board has conducted an exhaustive study of the critical challenges facing the SOA, the actuarial profession and long-term growth prospects for both. We are excited to share the strategic roadmap for how we will evolve and transform our educational offerings to empower candidates and members with new skills and techniques in order to elevate the profession’s effectiveness for employers and society and safeguard its relevance and viability.
We call this SOA to the e-power. It will take all of us to power this transformation and realize its exponential opportunities.
Our Path Forward
This initiative is a several year journey, from analysis to full implementation, with some changes happening sooner than others. The work we have done to date has been deep, covered a wide scope of issues and identified many areas for attention. We have shared our findings with various stakeholders and have incorporated their feedback into our work to convert this analysis into practical, actionable strategies. We will keep you informed of updates and official changes in advance of implementation.
We want to hear from you throughout this process. After exploring this site, please complete this feedback survey.
PHASE 1
COMPLETED
Case for Change
Why – We outlined rationale for why we need to evolve with the changing landscape.
PHASE 2
IN PROGRESS
Strategies for Success
What – We will announce changes and enhancements as they are finalized.
PHASE 3
Mobilize the Movement
How/When – We will share implementation information you need to know.
Strategies for Success
Demands, risks, and opportunities resulting from emerging technologies and tools require actuaries to embrace change daily. As actuaries and aspiring actuaries, you are making changes in your career and personal life at a rapid rate, meeting challenges head-on, and addressing problems you never thought possible even a year ago.
As the SOA, it is our job to advance aspiring actuaries and actuaries as leaders. Now is the time we move to the next phase of our Long-Term Growth Strategy together – Strategies for Success. We invite you to meet the future of the SOA as we announce empowering changes to the Associate of Society of Actuaries (ASA) education pathway, opportunities for recognition of your achievements, and an Affiliate membership with benefits that open the door to aspiring actuaries’ future.
Get detailed Strategies for Success information.
The Case for Change
Actuaries are analyzing more data than ever before and managing the increasing complexity and interconnectedness of risk. Major changes affect our profession, from new technologies and shifting demographics, to the globalization of business and the need for a more diverse, equitable and inclusive profession.
These are the six critical issues our research has identified as the trends changing our environment and impacting our work as actuaries:
Based on these trends, there are four areas where we must consider significant changes to fundamental aspects of the SOA offering: education, development & engagement, research and global which are currently under development.
Be Part of SOAe
We invite you to explore the SOAe site to learn more about Powering the Profession for Long-term Growth and to engage with us and stay connected.
Get detailed Strategies for Success information.