Country |
Type of preparation |
Universities that offer the program |
Institute and national actuary associations |
Requirements to become part of the corresponding association |
Association’s webpage |
Recognition requirements |
GERMANY |
Certification exam |
*University of Ulm (Universität Ulm) *University of Göttingen |
*Actuarial Association of Germany (Deutsche Aktuarvereinigung :DAV) *German Society for Insurance Mathematics(Deutsche Gesellschaft fu ̈r Versicherungsmathematik) *Institute of Experts in Insurance Mathematics(Institut der Versicherungsmathema- tischen Sachversta ̈ndigen |
To become part of the DAV you must pass an actuarial and general competence exam. |
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ARGENTINA |
College Program |
Universidad de Buenos Aires |
Register in the National Professional Economical Sciences Councl in the state that you wish to exercise, or by working for an institution that requires an actuarial degree. |
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AUSTRALIA |
Certification exam |
They offer courses to obtain part I and II (of the five necessary) from the program that the Institute of Actuaries of Australia demands.(IAAust): *Macquarie University *University of Melbourne *Australia National University *University of New South Wales *Distance course in the Institute and Faculty of Actuaries in the United Kingdom |
Institute of Actuaries of Australia (IAAust) |
Complete the five part program set by the IAAus. |
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AUSTRIA |
College Program |
Technical University of Vienna |
Actuarial Association of Austria (Aktuarvereinigung Österreichs, AVÖ) |
A degree in Actuarial Science and three years of professional experience. |
*TUW *AVÖ |
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BELGIUM |
College Program |
*Free University of Brussels(ULB) *Louvain Catholic University(UCL) *KU Leuven *La Vrije Universiteit Brussel |
Institute of Actuaries in Belgium |
Obtaining a master’s degree in Mathematics, Economics, Civil Engineering or Physics and being admitted to an actuarial program which all universities offer. |
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BRAZIL |
College Program |
*Universidade Federal do Rio de Janeiro *Fundação de Estudos Sociais do Paraná *Universidade Federal de São Paulo *Pontifícia Universidade Católica *Universidade Federal de Minas Gerais *Universidade Federal Fluminense *Faculdade de Economia e Finanças do Rio de Janeiro |
Instituto Brasileiro de Actuária |
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CANADA |
College degree |
*The University of Calgary *The University of Concordia *McMaster University *University of Toronto *Université du Québec à Montréal *University of Waterloo *York University *Otras |
Canadian Institute of Actuaries |
Being a member of the SOA, you must take the practical formation course, given by the CIA, or be a member of the CAS (Casualty Actuary Society) and credit a specialization exam in Canada (Exam 6-Canada). Also, you must have three years of experience during the last decade and 18 months of actuarial practice in Canada during the last three years.
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DENMARK |
College Program |
University of Copenhagen |
Danish Society of Actuaries (Den Danske Aktuarforening-DDA) |
Master’s degree and from three to five years of experience working in the insurance sector.
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SPAIN |
College Program |
*Escuela de Formación de Actuarios *Universidad Pontificia Comillas (ICADE) *Universidad de Valencia *Universidad de Málaga *Universidad de Alcalá de Henares |
Instituto de Actuarios Españoles. |
Being a graduate from the actuarial sciences program. |
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UNITED STATES |
College Career |
*Columbia University in the City of New York *University of Pennsylvania *Boston University *University of Wisconsin-Madison *University of Connecticut *Florida State University *University of California-Los Angeles *Otras
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*Society of Actuaries life, health, pensions) *Casualty Actuarial Society (damages and accidents) |
For both associations, a member must have credited all of the necessary certification exams. |
*link *link |
In the pensions area, you must pass three specialization exams to obtain an enrollment. |
FINLAND |
College program and certification exam. |
*University of Tampere *The University of Helsinki *Others |
Actuarial Society of Finland |
Obtain a college degree, complete Actuary Society’s courses, credit additional actuarial application exams, write a thesis and at least one year of labor experience.
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FRANCE |
College Program |
*Université de Bretagne Occidentale (UBO) *L’Université de Lyon *Université de Strasbourg |
Institut Des Actuaires |
Completed college studies and crediting an exam before the institute’s jury. |
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HONG KONG |
College Program |
*University of Hong Kong *Chinese University of Hong Kong *Hong Kong Polytechnic University |
Actuarial Society of Hong Kong |
Become a member of Australia’s, Canada’s, United Kingdom’s or United States Actuarial Society. |
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INDIA |
Professional Experience |
*Bishop Herber College *The National Insurance Academy *Aligarh Muslim University *University of Mumbai *University of Delhi *University of Kalyani |
Institute of Actuaries of India |
Pass certification exams. |
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IRELAND |
Certification exam. |
*University College Dublin *Queen’s University Belfast *University College Cork |
Society of Actuaries in Ireland (FSAI) |
Become a member of the Institute and Faculty of Actuaries in the United Kingdom or by recognition agreements if member of the Groupe Consultatif, the Australian Institute, the Society of Actuaries , or the Canadian Institute of Actuaries. |
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ISRAEL |
College Program |
*Hebrew University en Jerusalem *Tel Aviv Univesity *University of Haifa |
Israel Association of Actuaries |
Obtain a universitarian title and pass IAA’s exams based in United Kingdom’s Actuarial Institute’s study plan. |
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ITALY |
College Program |
*Università di Roma “La Sapienza” *Università di Trieste |
*Istituto Italiano degli Attuari *Ordine Nazionale degli Attuari |
Obtain a universitarian title in Actuarial Sciences or Statistics and credit an exam (oral and written) in mathematical techniques, statistics and insurance law. |
*IIA *ONA |
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JAPAN |
Professional Experience |
*Kyoto University *Waseda University *The University of Tokyo *Osaka University *Nihon University |
Institute of Actuaries of Japan |
To become an institute’s associate, you must pass five basic courses, and to become a member you must pass another two additional advanced courses. |
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MALASIA |
College program and certification exams. |
*Universiti Kebangsaan Malaysia (UKM) *Universiti Teknologi Mara (UiTM) *University Tunku Abdul Rahman (UTAR) *University Malaya (UM) |
Actuarial Society of Malaysia |
To become a member of the ASM you must be a member of the Institute and Faculty of Actuaries of the United Kingdom, the Society of Actuaries of America, the Canadian Institute of Actuaries, o the Institute of Actuaries of Australia and to be accepted by the ASM’s committee. |
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MEXICO |
College Program |
*Universidad Nacional Autónoma de México UNAM *Universidad de las Américas Puebla *Universidad Anahuac *Instituto Tecnológico Autónomo de México (ITAM) *Universidad Autónoma de Guadalajara (UAG) *Universidad Autónoma de Nuevo León *Otras ya mencionadas previamente |
*Colegio Nacional de Actuarios *Asociación Mexicana de Actuarios *Asociación Mexicana de Actuarios Consultores |
To become a member of CONAC it is necessary to have a college degree and a professional charter given the the Secretary of Public Education.
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*AMA |
For traditional areas it is necessary to count with a certificate by CONAC or the National Commision for Insurance and Finance. For non-traditional areas it generally is enough to present a professional charter.
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NORWAY |
Carrera Universitaria |
*University of Oslo *University of Bergen |
Norwegian Actuarial Society |
Study a five year-long master’s degree in mathematical statistics with a specialization in insurance and write a thesis equivalent to one year of work experience. Besides, an economics and ethics course must be taken. |
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NETHERLANDS |
Carrera Universitaria |
University of Amsterdam |
Actuarieel Genootschap |
Succesfuly finish the actuarial program from the Actuarieel Instituut or have a master’s degree in actuarial sciences by the University of Amsterdam. |
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PORTUGAL |
College Degree |
Technical University of Lisbon |
Portuguese Institute of Actuaries |
Having a graduate title in mathematics, economics or administration, one must also have credited courses in actuarial science, three years of labor experience and you must write a report under a PIA’s member supervision. |
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UNITED KINGDOM |
College Program |
*City University, London *Heriot Watt University, Edinburgh, Scotland *Kent University, Canterbury *London School of Economics, London *Swansea University *Southampton University *Warwick University |
*Institute and Faculty of Actuaries *Association of Consulting Actuaries *Staple Inn Actuarial Society *Bristol Actuarial Society *Faculty of Actuaries Students’ Society *Invicta Actuarial Society *Yorkshire Actuarial Society |
Have a bachelor’s degree in actuarial sciences. Credit the basic certification exams and have sufficient laboral experience. |
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SINGAPUR |
College Degree |
*Nanyang Technological University *National University of Singapore *Singapore Management University |
Singapore Actuarial Society |
Be a member of a recognized actuarial association and fulfil other SAS requirements. |
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SOUTH AFRICA |
College program and certification exam, |
*University of Kwa-Zulu Natal *Wits University *Stellenbosch University *University of Cape Town *University of Pretoria *University of the Free State |
Actuarial Society of South Africa |
Pass ASSA’s exam, which has content directly related to South Africa. |
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College Program and certification exam. |
*Stockholm University |
Svenska Aktuarieföreningen |
Have mathematical and statistical knowledge, besides a bachelor’s degree in topics related to actuarial sciences, having written a paper related to actuarial sciences and having two years of labor experience. |
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SWITZERLAND |
College program and certification exam. |
*University of Lausanne *Swiss Federal Institute of Technology Zurich *University of Bern |
Swiss Association of Actuaries (SAA) |
Credit a commission’s evaluation by the SAA, have three years of professional experience and crediting a colloquium. For experts in pensions there are special admission exams.
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Have a bachelor’s degree, pass al profesional exams. Specialized actuaries must have special certifications due to country’s special laws. |