Membership Committee

The Committee supports the Singapore Actuarial Society (SAS) Council by overseeing matters related to membership eligibility and Fellowship admissions, while ensuring that the Society remains relevant and valuable to both current and potential members. Through structured review, data-driven assessment, and targeted initiatives, the Committee helps uphold membership standards and guides the Society’s growth in Singapore.

What We Do

The Committee’s objectives and responsibilities

Review and recommend to Council the requirements for SAS membership, including eligibility criteria for specific membership classes.

Evaluate and make recommendations to Council on applications for Fellowship of SAS (FSAS), except for applications from Fellows of Category 1 Actuarial Associations (C1AA) who attained Fellowship through routes other than mutual recognition arrangements.

Who We Are

Committee members

Alex Lee

Chair

Alvin Choong

Member

Harry Lee

Member

Toh Yun Ying

Member

What We Are Working On

Maintaining a centralised database of all FSAS applications received on or after 1 May 2024.

Documenting decisions made for each application, including the rationale and basis for the conclusion, to ensure consistency, transparency, and proper record-keeping.

Membership Value Proposition (MVP) Task Force

Led by Hitesh Shah

Objective

To ensure SAS remains relevant to members and potential members, enabling the Society to grow to its optimal size in Singapore.

Role of the Task Force

1. Understand what members need and value from SAS.

2. Identify needs across different categories of members:

o Categories defined in the Constitution
o Segmentation-based categories (to be defined)

3. Understand the needs of actuaries in Singapore who are not SAS members and establish reasons for non-membership.

4. Assess what SAS currently offers to members.

5. Match member needs (by category) against current offerings and identify gaps.

6. Determine how, when, and whether these gaps should be addressed for both members and potential members.