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The Society of Actuaries (SOA) is a global professional organization of actuaries. It was established in 1949 by the merger of two major actuarial institutions in the United States: the American Association of Actuaries and the American Association of Actuaries. It is an official member organization of the International Actuarial Association.
Through education and research, SOA promotes actuaries as leaders in measuring and managing risk to improve the financial results of individuals, organizations, and the public. The vision of SOA is to make actuaries become popular professionals who develop and communicate solutions to complex financial problems. SOA provides primary and continuing education for students and practicing actuaries, maintains the high professional standards of actuaries, and conducts research on actuarial trends and public policy issues.
As a global organization, SOA represents actuaries from all major practice areas, including life and health insurance, retirement and pensions, investment and finance, enterprise risk management, and general insurance (property and accidental injury) insurance. The said Society of Life Insurance Actuarial also represents actuarial and property and accidental work.
SOA together with its public relations company Golin won the 2008 Public Relations Week Corporate Branding Event Award. The award is to recognize SOA's efforts to revitalize the actuarial industry brand in the United States, including the slogan "Risk is Opportunity."