OBJECTIVES & STRATEGY

Aligning our goals with strategic action to strengthen and advance the profession

OBJECTIVES OF THE SOCIETY

The Singapore Actuarial Society aims to be the recognized representative body of the actuarial profession in Singapore, having the final authority in setting professional standards.

The Singapore Actuarial Society is a society registered with the Singapore Registry of Societies under the UEN S76SS0051K.

MAIN OBJECTIVES

Set and uphold high professional standards among Members

Further the professional development of Members

Serve the public interest by promoting the study, discussion, publication and research into the application of actuarial, economic, financial and statistical principles to practical problems related to insurance, retirement benefits, finance and investment, risk management and other fields where such principles can be applied, with particular reference to Singapore and the ASEAN region.

Assist Members during actuarial studies

Foster and encourage social relationship among the Members

Increase public awareness of the actuarial profession and enhance the reputation of the profession

Represent the actuarial profession in Singapore

Engage governments, regulators and industry bodies in Singapore or elsewhere in matters that the Members may have an interest

STRATEGY

As the Singapore Actuarial Society approaches its 50th anniversary, we are charting the path forward for our profession in an increasingly complex world. Our new 2024–2026 strategy plan outlines how SAS will strengthen the actuarial community, build capacity, and adapt to changing industry needs while continuing to serve the public good.

THE 2024-2026 STRATEGIC PRIORITIES ARE ORGANIZED INTO THREE KEY THEMES:

These key themes will be supported by an on-going pursuit of
operational excellence and enhanced governance.

In this paper, we explain why these themes are chosen, and outline
the actions we intend to take to deliver on these strategic
priorities.