The SOA Releases Fall 2021 Diversity Report
Schaumburg, December 22, 2021 – The Society of Actuaries (SOA) strives for all members and candidates to feel fully included and have equitable opportunities to enter, develop, grow and succeed in our chosen profession. The Diversity, Equity, and Inclusion Committee (DEIC) works closely with SOA leadership and staff to support the journey to increase diversity in membership and in the actuarial profession, as part of the SOA’s Long-Term Growth Strategy. The DEIC created a framework of pillars, approved by the SOA Board of Directors, to focus efforts on cultivating equitable and inclusive experiences for members and candidates, growing the actuarial pipeline with an emphasis on supporting underrepresented groups, and championing Diversity, Equity and Inclusion (DEI) to serve the public interest through research.
The SOA believes in transparency and accountability in its DEI efforts. The organization is committed to sharing its demographic data and long-term goals to support its pledge and responsibility. Member voluntary demographic data has been collected since 2015.
With current data collected, the SOA presents an infographic for the pathway from aspiring actuaries to members with ASA or FSA designations. The SOA diversity demographic data provides an overview of:
- Overall membership as of August 2021 for both the United States and worldwide
- New members from January 2011 through August 2021 in the United States
- New entrants to the examination pathway during January 2021 through August 2021 in the United States
- Volunteer and leadership participation during January 2021 through August 2021 worldwide; and
- Comparison Benchmark Demographic Data: United States population age 25 and up, insurance industry employees, and completed STEM bachelor’s degrees.
Stay informed by visiting the Diversity, Equity and Inclusion page. Help the SOA improve the accuracy of its data by updating the SOA Demographic information in your membership profile.