中国精算年会会议资料主席演讲文件.pptVIP

Insert Confidentiality Statement Here Education Pathway for the Society of Actuaries Presentation by SOA President Bruce Schobel China Association of Actuaries’ Annual Meeting Education Session 25 September 2008 Presentation Agenda Education Pathway ERM Education Initiatives Future Plans Introduction – Past EE Systems Additional Benefits Utilizing technology for the benefit of our candidates CBT e-Learning Positioning actuaries to take non-traditional roles and assignments Key Accomplishments - 2008 Interim Assessment replaced FAP Exam 1 Began FAP 2.0 review/revision cycle CERAs Currently, there are 183 CERA credential holders Experienced practitioner pathway now open to Fellows of the CAS Future Plans CBT format for all preliminary exams e-Learning modules for continuing education ERM Professionalism Questions Answers * * Other outcomes of the member feedback and BOG deliberations: Nation and practice specific material reintroduced to current FSA courses Formation of new member section on Enterprise Risk Management (ERM) Creation of a new ERM specialty track * * Observations This was a massive undertaking—we owe our success to hundreds of volunteers Tried to be adaptable and responsive to candidate and employer feedback The redesign initiative is now complete, but we will continue to tweak and improve as appropriate. * * * * Body of knowledge (concepts and problems) in an actuarial context Blend of practice and functional areas Control cycle as a framework FAP Exercises Mandatory with some choices available in the future Some traditional; some non-traditional Formal validation for accountability * More than 6000 candidates have registered and more than 2300 candidates have completed the FAP course in 2 years * * These changes will occur during 2008. * * * * Education Pathway * 2005-07 Basic Education Redesign Objectives Provide a more practice-relevant syllabus Better prepare actuaries for the future Reduce travel time to ASA/FSA * Key Accomplishments