|
Actuarial Science originated in England in 1792 in the early days of
life insurance. Because of the technical nature of the business, the
first actuaries were mathematicians. Eventually, their numerical
growth resulted in the formation of the Institute of Actuaries in
England in 1848. Eight years later, in Scotland, the Faculty of
Actuaries was formed. In the United States, the Actuarial Society of
America was formed in 1889 and the American Institute of Actuaries
in 1909. These two American organizations merged in 1949 to become
the Society of Actuaries.
|
Analysis of Membership by Type of Employment (US-SOA) |
|
Insurance Company |
5.358 |
|
Consulting Actuary |
4.580 |
|
Insurance Broker |
51 |
|
Insurance Department (state or provincial) |
97 |
|
Other Government Employment |
151 |
|
University or College |
108 |
|
Investment Banker or Advisor |
239 |
|
Software Developer/Vendor |
162 |
|
Organizations Serving Insurance Business |
123 |
|
Non-Traditional |
213 |
|
Retired |
1281 |
|
Unaffiliated |
703 |
|
TOTAL |
13.066 |
|
SOURCE:
www.soa.org |
Also, The German Association of Actuaries (DAV) has 2.424
members. In UK this number has reached to 16.337. (Association
in Greece has 90, Association in Sweden has 350 members)
In
the early years of the 20th century in the United States, problems
requiring actuarial treatment were emerging in sickness, disability,
and casualty insurance particularly in workers compensation, which
was introduced in 1911. The differences between the new problems and
those of traditional life insurance led to the organization of the
Casualty Actuarial and Statistical Society of America in 1914.
Thirty sevens years later, in Turkey, Association of Actuaries was
formed.
You may
also see the document which shows, numbers of actuaries in the main
European countries, whose actuarial associations are members of the
Groupe Consultatif.
Significant Points
About Actuaries, U.S. Department of Labor
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