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Plain Talk: SOA Membership Milestone

Schaumburg, IL (June 20, 2018 ) – As president of the Society of Actuaries (SOA), I am proud to announce the organization has reached and exceeded 30,000 actuaries as active SOA members.

This milestone represents our continued growth as a global organization representing the profession. To put it into perspective:

  • Our membership has nearly tripled in 30 years.
  • In 1987, we reached 10,000 active members.
  • We had more than 23,500 members in 2012.
  • And today we are at 30,304.

That is a lot of growth over the years, not just in the United States, but throughout the world. In Canada, we have more than 5,000 members today. We’re now at more than 2,700 members in Asia and 1,100 members in China. Each of these members have helped us reach and surpass the 30,000 milestone.

Think of this another way. Combined, that’s countless hours we’ve collectively spent studying and gaining knowledge to do what we do. It represents many decades of experience as practicing actuaries.

So what’s next?

Our future as an organization depends on how we adapt to change and serve our members well.  As noted in our strategic plan, our organization is here to ensure actuaries remain highly sought professionals and that stakeholders continue to seek out our members for their unique skills and code of conduct.

So how can you help?

Serve as a mentor to new actuaries. Help the public understand the work we do as actuaries and how we address societal issues impacting them. Volunteer with the SOA as we have many different opportunities, from working with professional interest sections to writing articles, participating in exam grading or fostering new research.

Let’s share this membership milestone together, as an important achievement in our history, and also a marker for our future as an organization.  Thank you.

Mike Lombardi, FSA, FCIA, CERA, MAAA 
SOA President