Singapore Actuarial Society

What Singapore Actuarial Society does

The Singapore Actuarial Society (SAS) is a non-profit professional society founded in 1976 and headquartered in Singapore, serving the actuarial profession within the country. It operates with a small team of 13 employees and maintains a public web presence at https://www.actuaries.org.sg/. As a national actuarial body, its functional mandate is to represent, support, and develop actuaries in Singapore — typically through membership services, continuing professional development, technical standards and guidance, networking events, and advocacy with regulators, insurers, and other stakeholders in the financial services ecosystem.

Its core products are professional services rather than technology platforms: these include membership categories for qualified and student actuaries, continuing professional development (CPD) programs, industry conferences and technical events, professional guidance and standards aligned with international actuarial practice, and representation in dialogue with Singaporean regulatory bodies such as the Monetary Authority of Singapore. The underlying technology is a standard association management web presence; no proprietary actuarial software, data products, or technology platforms are indicated in the available data.

Its business model is that of a professional membership body. Revenue mechanics are not disclosed in the input, but consistent with comparable national actuarial societies, SAS is most likely funded through a combination of member subscriptions/due, event and conference fees, CPD/training program revenue, and possibly sponsorship from insurance and financial services firms. No pricing model, revenue figures, or financial statements are available in the supplied data, so the economic scale of the organization cannot be precisely determined beyond the inference that a 13-person staff implies a modest operating budget.

Name

Singapore Actuarial Society

Website

https://actuaries.org.sg

Company type

Private

Headcount range

11–50 employees

Short description

Singapore Actuarial Society is a non-profit professional society founded in 1976, serving actuaries in Singapore through membership, continuing professional development, technical standards, and industry advocacy. It operates with a small staff of 13 employees.

Ownership category

akta.pro rank

Product category

Actuarial Professional Body Services

NAICS

Professional Organizations (813920), Business Associations (813910)

SIC

Services-Membership Organizations (8600)

akta.pro primary industry

Continuing Education (CE/CPD) & Provider Accreditation Bodies (EDADACAF)

Keywords

• Actuarial professional services
• Actuarial membership services
• Actuarial education programs
• Actuarial professional development
• Actuarial standards and ethics

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Core offering

The Singapore Actuarial Society is the national professional body representing actuaries in Singapore. It provides actuarial professionals with membership, professional development, education, and a peer community, while promoting actuarial standards and professional practice within Singapore's insurance, pension, and financial services sectors. The Society operates as a non-profit association founded in 1976.

Differentiator

Problem solved

Functional benefit

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Expansion highlights1 record

Broad incumbents

• International Actuarial Association (IAA): Global umbrella body for actuarial associations worldwide, of which Singapore Actuarial Society is a member. Comparable as the apex credentialing and standards-setting body in the same profession.
• Society of Actuaries (SOA): Largest US-based actuarial professional body offering credentials, CPD, and member services globally. Directly comparable to Singapore Actuarial Society in mission (actuarial accreditation and member services) and acts as a cross-border competitor for credentials and CPD.
• Institute and Faculty of Actuaries (IFoA): UK-based chartered actuarial body with worldwide membership. Highly comparable as a peer national/international actuarial society providing qualifications, CPD, and member advocacy.

Direct peers

• Institute of Actuaries of Australia: National professional body for actuaries in Australia. Closest regional peer to Singapore Actuarial Society in terms of mandate, member services, and CPD structure within a developed Asia-Pacific financial market.
• Actuarial Society of Hong Kong: Hong Kong's actuarial professional body. Directly comparable as a nearby Asia-Pacific peer society with overlapping financial-centre dynamics and member profile.
• Korean Actuarial Society: Korea's national actuarial professional association. Comparable as a regional peer society with similar mandate for credentials, member services, and industry advocacy in a developed Asian market.
• Actuarial Society of India: India's national actuarial body. Comparable as a peer society operating in a large, fast-growing Asian market with similar accreditation and member-service functions.
• Canadian Institute of Actuaries: Canada's national actuarial association providing credentials, professional standards, and member services. Highly comparable as a similarly sized national actuarial society.
• Institute of Actuaries of Japan: Japan's national actuarial professional body. Comparable as an Asian actuarial society providing credentials, research, and CPD to members in a major insurance market.

Emerging players

• China Association of Actuaries: Actuarial professional body serving mainland China. Comparable as a peer society in the broader region, though operating in an emerging and rapidly growing actuarial market with a different maturity profile.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks4 records

Key highlights4 records

Customer concentration

• LinkedInlinkedin.com/company/singapore-actuarial-society

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about Singapore Actuarial Society