The Society of Actuaries (SOA) has expanded its presence in Asia with the launch of a new regional office in Singapore.
The SOA, headquartered in Chicago, provides actuarial education, credentialing, and research to professionals working in industries such as insurance, financial services, and healthcare.
The Singapore office is intended to strengthen the organisation’s engagement with actuaries in East and Southeast Asia, reinforcing its long-term global strategy.
The new office, located in Ocean Financial Centre in Singapore’s Central Business District, will focus on providing local support to actuaries in the region.
The move comes amid increasing global economic, geopolitical, and environmental risks, as highlighted in the World Economic Forum’s (WEF) Global Risks Report 2025.
The WEF’s report identified state-based armed conflicts, misinformation, and environmental threats as key concerns shaping the global landscape. These risks present challenges for financial institutions, insurers, and governments, increasing the demand for actuarial expertise in risk assessment and long-term financial stability.
Amanda Hug, president and chair of the SOA, highlighted actuaries’ role in managing and mitigating risks.
“As opportunities and challenges around the world evolve, the actuarial profession is needed more than ever,” she said. “In response, the SOA seeks to accelerate the profession’s global growth and provide services to meet the needs of the market.”
The SOA already has offices in Hong Kong, Beijing, and Dubai, reflecting its broader commitment to strengthening the actuarial profession globally.
“Building on our established presence in Hong Kong, Beijing and Dubai, the opening of our SOA office in Singapore marks a pivotal step in strengthening our commitment to supporting actuaries and candidates across Asia,” said Greg Heidrich, CEO of SOA.
The Singapore office will be led by Jessie Li, FSA, who will serve as regional director for East and Southeast Asia.
“With this Singapore office, we are excited to host face-to-face networking events and connect with universities and employers in the region to encourage and inspire students to pursue a rewarding actuarial career,” Li said. “We look forward to strengthening our relationships and supporting the growth and development of the regional actuarial community for years to come.”
