ASRiM Seminar

Special thanks to everyone who contribute directly or indirectly in accomplishing ASRIM'13..hopefully this event will be a booster to get to learn more and we wish all of the participants will get wider exposure on the field of actuarial science and risk management.

From left- Dr Mazlynda( Head Programme Actuarial Science and Risk Management), Akbar Raihan ( Seminar Director) and Dr. Rose Irnawaty( Lecturer Actuarial Science and Risk Management)

Actuarial Science and Risk Management,USIM Students

 Appreciation to our panel of the forum

 During the forum..from right MR MOHD HEDZIR HANAFI and MDM. NORWANI BT AHMAT

 Students from UiTM Tapah paying full attention during the seminar.

 Thanks to our speaker, MR SAIFUL YAZAN, the Takaful Advisor at IBFIM

USIM Students that attended the program.

The Committees and the Head Programme of Actuarial Science and Risk Management USIM, Dr. Mazlynda.

 UiTM Tapah

 UTAR

 Speaker from PIDM, MR.MOHD SOBRI MANSOR

The seminar tentative

Speakers of the Seminar

These are the speakers that will be joining us on the day of the seminar.

PANEL 1 : MR MOHD HEDZIR HANAFI 
(Assistant Director of Project Finance Unit in CIMB Investment Bank.)

PANEL 2 : MADAM NORWANI BINTI AHMAT
(in charge in KVMRT Mega Project as the Safety and Health Manager in GAMUDA Berhad)

PANEL 3 : TUAN HAJI SAIFUL YAZAN AHMAD
(Chief Executive Officer, AIA Public Takaful Berhad)

PANEL 4 : MR. MOHD SOBRI MANSOR
(Head OF the Islamic Research and Development Department, in the insurance, Risk Assessment and Monitoring Division of Perbadanan Insurans Deposit Malaysia (PIDM)

The Best Jobs of 2013 - Actuary #1

The job “actuary” has been rated as 2013’s best job in the United States by Careercast.com. Careercast.com ranked actuary as No. 1, biomedical engineer at No. 2, and software engineer, the top job of 2012, at No.3.

Careercast.com ranks careers based on dozens of factors, such as the degree of hazards personally faced, physical demands (crawling, stooping bending, etc.), income growth potential, employment outlook, competitiveness, travel and contact with the public. The firm used data from the Bureau of Labor Statistics and other government agencies to determine the rankings. As in prior years, the 200 jobs were selected for their relevance in the current labor market as well as the availability of reliable data.

The Ten Best Jobs:

1. Actuary
2. Biomedical Engineer
3. Software Engineer
4. Audiologist
5. Financial Planner
6. Dental Hygienist
7. Occupational Therapist
8. Optometrist
9. Physical Therapist
10. Computer Systems Analyst

http://www.careercast.com/jobs-rated/best-jobs-2013

FAQ

How long does it take to become an Actuary?

Being an actuary requires passing a series of examinations to earn an actuarial designation through the Casualty Actuarial Society or the Society of Actuaries. See the Actuarial Exams section for all of the details on actuarial exams. It could take from 6-10 years to pass all of the exams, but you can begin a career as an actuary by passing the first two exams, and then taking subsequent exams while working as an actuarial assistant.

How do potential actuaries decide which type of actuarial work to pursue?

When it comes time to choose the Casualty Actuarial Society's (CAS) exam track or the Society of Actuaries' (SOA) exam track, choosing the one that's right for you requires asking some questions about the aspects of actuarial science you enjoy most. Consider pursuing an internship on both sides of the typical actuarial divide—property/casualty and life and health.

Keep in mind that while some may consider the different types of work involved, for most, it depends on practical considerations such as what jobs are available in the geographic area you want to live in.

How much money will I make as an actuary?

Actuaries are well compensated. Experienced Fellows have the potential to earn from $150,000 to $250,000 annually, and many actuaries earn more than that. Review our salary web page for more details and links to external actuarial salary surveys.

http://www.beanactuary.org

What is an Actuary?

Most of the Actuarial Science students must be facing the same problem when it comes to explain to the public about what is Actuarial Science is all about and what an Actuary does in the industry.

Well,to help the students to explain what an Actuary is,this info might be helpful.

An actuary is a business professional who analyzes the financial consequences of risk. Actuaries use mathematics, statistics and financial theory to study uncertain future events, especially those of concern to insurance and pension programs. They evaluate the likelihood of those events, design creative ways to reduce the likelihood and decrease the impact of adverse events that actually do occur.

Actuaries are an important part of the management team of the companies that employ them. Their work requires a combination of strong analytical skills, business knowledge and understanding of human behavior to design and manage programs that control risk.

Actuaries work in life insurance, retirement systems, health benefit systems, financial and investment management and other emerging areas of practice. The majority of actuaries work within the insurance industry, although a growing number of actuaries work in other fields.

http://www.soa.org