How's the job prospects for actuaries in Singapore? do you know if they take entry-level people? so If I take SOA exams, how many papers should I pass to be competent enough to get a job in Singapore?

I'm considering Malaysian Insurance companies too. so, what advise do you have?
Basically how many of US soa papers are enough for an entry-level position?

Thank you for your information. When I was in school, I've never worried so much for a job. But now graduated, start to worry to be one of the unemployed graduates.

I have some experience in SOA, so perhaps i can clarify it. basically there are 9 papers (last time 8). the 1st 5 are so-called the "preliminary" papers. Basically you won't get any exemptions for the courses you've taken in school for SOA exams except the VEE qualifications (which is not equivalent as papers, but a pre-requisite to become associate). So have to take the 1st 5 papers ourselves, then get VEE exemptions and can take some courses (they call that module), then only will get the Associate. If want to be Fellow to become a full-qualified actuary, have to take additional modules/papers.

In US, an entry-level actuary typically have 2 papers passed (the most 5), some without any paper still can secure a job but an internship before graduation is crucial for a full-time job.

Different countries have their own board to set the standard for Actuarial Science. But I assume that actuaries who from different background (SOA or ioa or etc) have the similar knowledge in actuarial science. So, for a fresh graduate in Singapore, normally how many exemptions are given? or equivalent to how many exams passed for Soa? (if can be compared such way).

Shingrons, you working or studying?


so do you plan to go straight canada after the preparatory program and study 4 years there?

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Added on July 24, 2008, 12:17 pmUtar i don't think so (correct me if i'm wrong). the public local U yes.

Australia and Singapore yes you have to have very good grades.

for US, no you don't have to get extremely good grades. provided you have sufficient $$$. unless you want to go to top-tier U like U Penn. Michigan is selective too. Normally ppl like to go Drake which has very good actuarial program but it doesn't really have a strict entry requirement.

This post has been edited by siaolang: Jul 24 2008, 12:17 PM

I know there is no exemption for exams even you have taken relevant courses in your school. Paper is paper, degree is degree.
The only thing you can get exemption is VEE.

Which college ya studying in? got preparatory class for exam? not bad....

Last time I studied i Inti too but there are no preparatory courses
The guy is the student? That must be a lucrative business....