General FAQs

An Actuary is a business professional that uses the knowledge of statistics, mathematics and finance to predict the likelihood of future events and in doing so, enables its stakeholders to […]

Any person who is either an Associate or Fellow of NAS, is qualified to call himself/herself an Actuary in Nigeria.

Life Insurance;  General/Non-Life/short term Insurance;  Pensions;  Enterprise risk management and  Health Insurance We have also seen actuarial skills being used in the new and developing field of data analytics which […]

Typically, employers of actuarial resource in Nigeria include Life Insurance companies; General/short term Insurance companies; Actuarial consulting firms; Commercial banks; Actuarial consulting firms providing advisory services, Audit firms; Health Management […]

The Society of Actuaries, USA (SOA) and the Institute and Faculty of Actuaries, UK (IFoA) have exam centres in Lagos.  Further information on  these exams are shown  SOA: https://www.soa.org/Education/Exam-Req/default.aspx IFoA: […]

To become an Actuary, basically you need to have very strong mathematical skills, sound communication skills and a savvy for computing. You do not need to have studied Mathematics or […]

Actuaries are constantly rated as number 1 best job in the US (2018 statistics) and it has been oscillating around the 1st and 2nd best job position (Along with Stock-broking) […]

Visit beanactuary.org for more information about the Actuarial profession.

The NAS organizes regular learning sessions that qualify for CPD. These events are usually held, at least once quarterly. Members get an email notification of these events and they are […]

All actuaries are risk managers by training because they have been trained to identify, quantify and monitor risks. In reaction to the growing space of ERM however, the global actuarial […]