ActuarialSocietyofSA

𝗡𝗮𝘃𝗶𝗴𝗮𝘁𝗲 𝘆𝗼𝘂𝗿 𝗔𝗦𝗦𝗔 𝗖𝗼𝗻𝘁𝗶𝗻𝘂𝗼𝘂𝘀 𝗣𝗿𝗼𝗳𝗲𝘀𝘀𝗶𝗼𝗻𝗮𝗹 𝗗𝗲𝘃𝗲𝗹𝗼𝗽𝗺𝗲𝗻𝘁 (𝗖𝗣𝗗) 𝘄𝗶𝘁𝗵 𝗰𝗼𝗻𝗳𝗶𝗱𝗲𝗻𝗰𝗲 Outcomes-based CPD isn’t just about compliance — it’s about purposeful growth. Join us for a clear, practical session designed to demystify the ASSA Outcomes-Based CPD framework and help you apply it with confidence. 𝗢𝘂𝗿 𝗽𝗮𝗻𝗲𝗹 𝘄𝗶𝗹𝗹 𝘂𝗻𝗽𝗮𝗰𝗸: • Planning and Tracking: Aligning dimensions for the technical, normative, and organisational competencies with meaningful outcomes. • Compliance Made Practical: Clear guidance on evidence, documentation, and annual monitoring requirements. • Reflective Practice: Approaching self-evaluation and reflective discussions with clarity and confidence. 𝗠𝗲𝗲𝘁 𝘁𝗵𝗲 𝗦𝗽𝗲𝗮𝗸𝗲𝗿𝘀: Niel Fourie (Staff Actuary) Michelle Abrahams (ME Executive) Trusha Patel (Course Convenor) Lynn Witten (Professional Coach) 📅 Date: 6 May 2026 🕛 Time: 12:00 PM – 1:00 PM 🔗 Register here: assa.net.za/io/de Don’t leave your standing to chance. Equip yourself with the tools to stay compliant and competitive. #ProfessionalDevelopment #CPD #ActuarialScience #CareerGrowth #ComplianceExcellence

Transformation is more than a numbers game; it’s about understanding the "why" behind success. In our latest podcast episode, Nalen Naidoo and Michelle Abrahams discuss a strategic pivot for the Actuarial Society: moving away from only identifying hurdles and towards scaling Success Accelerators. By researching the support systems, mentorship, and networks that help our students thrive, we can replicate those "fillers" for everyone. Our goal? A profession that truly mirrors the demographics of South Africa🇿🇦 Key Takeaway: We aren't just looking at the barriers; we are building the bridges. Tune in from our website: assa.net.za/io/ah Tune in on Spotify: assa.net.za/io/ba #ActuarialScience #Transformation #Inclusion #ASSA #SouthAfrica #ProfessionalGrowth

As healthcare costs rise and regulatory landscapes shift, the need for precise actuarial insight has never been more critical. Join us at the Healthcare Seminar 2026 in Johannesburg. This year, we are moving beyond theory to tackle the real-world intersection of risk, commercial strategy, and sustainable decision-making. 𝗪𝗵𝘆 𝗔𝘁𝘁𝗲𝗻𝗱?   • Engage with industry leaders and expert actuaries.   • Translate technical frameworks into practical healthcare solutions.   • Navigate the complexities of the current medical schemes landscape. 📍 Location: Johannesburg 🔗 Registrations are officially open! Secure your spot today: assa.net.za/io/cr #HealthActuarial #HealthcareFinance #ActuarialScience #HealthcareRegulation #JohannesburgEvents

The first edition of the SA Actuary magazine for 2026 is now live! This edition explores the Connecting the Dots theme, highlighting the evolving role of actuaries as they transition from technical mastery to delivering real-world impact. It emphasises the importance of contextual judgment and innovative problem-solving in shaping systems that genuinely work. Inside, you will find in-depth pieces on National Health Insurance (NHI), social security and retirement reform, model evolution, and the financial architecture of Africa’s "invited market". It also features an interview with Paballo Mathosa, a presidential perspective from Nalen Naidoo, and a book review of Destined for War. Read here: assa.net.za/io/af #SAActuary #ASSA #ActuarialProfession #ConnectingTheDots #Actuary

The Road Accident Fund, with a deficit believed to run into the hundreds of billions of Rands, is facing a backlog of claims for accidents that occurred more than 20 years ago. @ActuarialSa commissioned research into a more viable compensation system for future victims of road accidents. The findings by @expertactuary, George Schwalb and David Rodda are presented in a recently published research paper titled "Towards a reasonable, affordable, equitable, and sustainable road accident compensation system”. tinyurl.com/25ysjlnz

𝗦𝗼𝗺𝗲𝘁𝗵𝗶𝗻𝗴 𝗯𝗶𝗴 𝗶𝘀 𝗰𝗼𝗺𝗶𝗻𝗴 𝘁𝗼 𝘁𝗵𝗲 𝗔𝗦𝗦𝗔 𝗿𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝘀𝗽𝗮𝗰𝗲. Introducing ASSA Essays, a new platform for actuaries to turn professional insights into thought leadership on key issues shaping South Africa, from AI to climate change and policy shifts. With a short-form format (500–2,500 words), it’s designed for busy professionals to contribute and be heard. 𝗪𝗵𝘆 𝗴𝗲𝘁 𝗶𝗻𝘃𝗼𝗹𝘃𝗲𝗱?   • Shape important conversations   • Gain recognition and win a share of R20,000   • Get published through ASSA official channels Keep an eye on 𝗡𝗲𝘄𝘀𝗯𝘆𝘁𝗲𝘀, our social channels, and the research page of the ASSA website for the official call for entries. #ASSAEssays #ActuarialScience #ThoughtLeadership #SouthAfrica #ResearchInitiative

𝗪𝗮𝗻𝘁 𝘁𝗼 𝗰𝗼𝗻𝘁𝗿𝗶𝗯𝘂𝘁𝗲 𝘁𝗼 𝗔𝗦𝗦𝗔-𝗳𝘂𝗻𝗱𝗲𝗱 𝗿𝗲𝘀𝗲𝗮𝗿𝗰𝗵? We’re inviting actuaries and researchers to tackle key questions shaping South Africa’s actuarial landscape. The ASSA Research Committee opened its latest Expression of Interest, calling for research on three critical areas impacting the local market (see image below). 𝗪𝗵𝘆 𝗴𝗲𝘁 𝗶𝗻𝘃𝗼𝗹𝘃𝗲𝗱: • Drive thought leadership on key industry challenges • Produce peer-reviewed work, earn CPD, and present at an ASSA conference • Contribute insights that guide members and regulators • Funded research for deeper, evidence-based outcomes • 𝗦𝘂𝗯𝗺𝗶𝘀𝘀𝗶𝗼𝗻 𝗱𝗲𝗮𝗱𝗹𝗶𝗻𝗲: 27 April 2026 • 𝗣𝗿𝗼𝗷𝗲𝗰𝘁 𝗱𝘂𝗿𝗮𝘁𝗶𝗼𝗻: 6 months • 𝗧𝗼 𝗮𝗽𝗽𝗹𝘆: Send your proposal to sgovender@actuarialsociety.org.za 𝗠𝗼𝗿𝗲 𝗶𝗻𝗳𝗼: assa.net.za/io/d4 #ASSA #ActuarySA #ActuarialScience #Research #ThoughtLeadership #SouthAfrica #ClimateChange

This International Mathematics Day, ASSA is proud to celebrate the remarkable growth of the South African Mathematics Olympiad (SAMO) and Challenge (SAMC). With over 186,000 learners participating this year, we see more than just numbers; we see the next generation of analytical thinkers. Read the official statement from the South African Maths Foundation (SAMF) here: assa.net.za/io/cw As a long-standing partner of the SAMF, ASSA celebrates this growth because these competitions are the primary pipeline for the actuarial profession. By identifying and nurturing mathematical talent at the school level, we are securing the future of our industry and ensuring South Africa continues to produce world-class actuaries. 𝗦𝘂𝗽𝗽𝗼𝗿𝘁 𝘁𝗵𝗲 𝗝𝗼𝘂𝗿𝗻𝗲𝘆 𝘃𝗶𝗮 𝗔𝗦𝗘𝗧 The path from a high school Olympiad to a qualified actuary is a demanding one. The Actuarial Society Education Trust (ASET) exists to bridge the gap, providing essential financial support to students from disadvantaged backgrounds who have the talent but lack the means to pursue actuarial science. 𝗛𝗼𝘄 𝘆𝗼𝘂 𝗰𝗮𝗻 𝗰𝗼𝗻𝘁𝗿𝗶𝗯𝘂𝘁𝗲: Your donation to ASET directly transforms lives by funding the education of future professionals. You can find the official ASSA banking details for an EFT donation by visiting our website here: assa.net.za/io/cv Together, we can turn mathematical potential into professional excellence. #InternationalMathsDay #SAMF #ASSA #ActuarialScience #ASET #STEMSouthAfrica #MathsOlympiad #FutureActuaries

𝗟𝗲𝘃𝗲𝗹 𝗨𝗽 𝗬𝗼𝘂𝗿 𝗘𝘅𝗮𝗺 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝘆: 𝗔𝗦𝗦𝗔 𝗘𝗱𝘂𝗰𝗮𝘁𝗶𝗼𝗻 𝗦𝗲𝘀𝘀𝗶𝗼𝗻𝗮𝗹 Preparing for the Semester 1 2026 exams? Don't leave your success to chance. We are bringing together the top minds in ASSA education to ensure you have the clarity and confidence needed to excel. Join our Education Executive, Siobhain O'Mahony, alongside Jeanine Wilson Gibb (Chair of the Education Board), Jason Cooper-Williams (Chair of the Board of Examiners) and Aleks Tasic (ASSA Solutions Manager) for an essential online briefing. This is your direct line to the decision-makers and technical experts who shape your examination experience. 𝗪𝗵𝘆 𝗧𝗵𝗶𝘀 𝗦𝗲𝘀𝘀𝗶𝗼𝗻 𝗠𝗮𝘁𝘁𝗲𝗿𝘀 This isn't just another meeting; it is a strategic deep dive into the upcoming session. We will cover: - 𝗢𝗽𝗲𝗿𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝗨𝗽𝗱𝗮𝘁𝗲𝘀: Crucial changes for the Semester 1 2026 cycle. -𝗖𝗮𝗻𝗱𝗶𝗱𝗮𝘁𝗲 𝗘𝘅𝗽𝗲𝗰𝘁𝗮𝘁𝗶𝗼𝗻𝘀: What the examiners are looking for. - 𝗣𝗿𝗼𝗰𝗲𝘀𝘀 𝗖𝗹𝗮𝗿𝗶𝘁𝘆: Navigating requirements to avoid last-minute stress. 𝗝𝗼𝗶𝗻 𝘁𝗵𝗲 𝗖𝗼𝗻𝘃𝗲𝗿𝘀𝗮𝘁𝗶𝗼𝗻 Your input is vital. You can submit questions in advance to ensure our panel addresses the topics that matter most to you. There will also be a live Q&A for real-time discussion. Submit your questions here: assa.net.za/io/cy 𝗘𝘃𝗲𝗻𝘁 𝗗𝗲𝘁𝗮𝗶𝗹𝘀 Date: 17 March 2026 Time: 15:30 – 17:00 Location: Virtual 𝗥𝗲𝗴𝗶𝘀𝘁𝗲𝗿 𝗵𝗲𝗿𝗲: assa.net.za/io/cx #ActuarialScience #ASSA #ActuarialStudents #ExamPrep #ProfessionalDevelopment #Semester12026

Gig workers often play a risky game of chance when it comes to insuring vehicles and equipment. John Wessels, actuary and member of the @ActuarialSA Short-term Insurance Committee, says gig workers rely heavily on personal vehicles and electronic devices, yet most insure for personal use only. Understanding the three categories of short-term insurance (personal, business and commercial) is key to signing up for the most appropriate short-term insurance cover. tinyurl.com/4a3w7k2c

At this sessional you will discover how to navigate your WBL journey from start to finish. Chat with our Course Convenor, Trusha Patel, who will explain what’s needed to succeed and answer your burning questions. Gain clarity on registering, progressing through the WBL modules and preparing for assessor sign-off. Whether you’re just starting or already on your WBL path, this sessional will give you guidance and tips to help you confidently manage your development and reach your goals. Register here: assa.net.za/io/cp #ASSA #ActuarialSociety #WBL #WorkBasedLearning #ActuarialStudent #ProfessionalDevelopment

The South African Actuary Magazine encourages members to contribute towards the publication by submitting articles related to their practice areas or industry-related news. To contribute towards the next publication, submit your articles by 6 March 2026 to SAactuary@actuarialsociety.org.za. See our previous edition here: assa.net.za/io/af

𝗛𝗼𝘄 𝗱𝗼 𝗯𝗶𝗹𝗹𝗶𝗼𝗻𝘀 𝗼𝗳 𝗿𝗮𝗻𝗱𝘀 𝗮𝗰𝘁𝘂𝗮𝗹𝗹𝘆 𝗺𝗼𝘃𝗲 𝗳𝗿𝗼𝗺 𝗻𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝗿𝗲𝘃𝗲𝗻𝘂𝗲 𝘁𝗼 𝘆𝗼𝘂𝗿 𝗹𝗼𝗰𝗮𝗹 𝗰𝗹𝗶𝗻𝗶𝗰 𝗼𝗿 𝘀𝗰𝗵𝗼𝗼𝗹? If you work in healthcare, education, or infrastructure, you’ve likely heard of the Equitable Share Formula. It is one of the most powerful tools in the South African Constitution for ensuring fairness and equity, but its technical structure is often a "black box" to those outside of the National Treasury. We are excited to invite actuarial professionals, economists, and policy analysts to a Public Interest Masterclass focused on demystifying this critical mechanism. 𝗪𝗵𝘆 𝘀𝗵𝗼𝘂𝗹𝗱 𝘆𝗼𝘂 𝗮𝘁𝘁𝗲𝗻𝗱? As professionals driven by data and risk, we are uniquely positioned to contribute to the evolution of these formulae. Whether it's through demographic modelling, cost estimation, or risk assessment, our skills are vital to ensuring the formula meets the emerging challenges of our society. 𝗪𝗵𝗮𝘁 𝘄𝗲 𝘄𝗶𝗹𝗹 𝗲𝘅𝗽𝗹𝗼𝗿𝗲:   • The Technical Build: How the Education and Health allocations are actually calculated.   • The Data Drivers: Why population dynamics and need indicators are the heartbeat of equitable funding.   • The Actuarial Edge: Identifying where rigorous modelling can refine public policy. 𝗠𝗲𝗲𝘁 𝘁𝗵𝗲 𝗙𝗮𝗰𝘂𝗹𝘁𝘆: We are honoured to be joined by a powerhouse panel of former senior government leaders who have lived and breathed these policies:   • Mr. Andrew Donaldson (Former National Treasury DDG)   • Mr. Satish Roopa (Former MEC and Executive Mayor)   • Dr. Charles Nwaila (Former COGTA DG) Join the conversation and equip yourself with the insights needed to engage meaningfully with policymakers and contribute to the broader public interest. Register here: assa.net.za/io/cn #ActuarialScience #PublicPolicy #SouthAfrica #PublicFinance #EquitableShare #Governance #MasterClass #ASSA #NationalTreasury

South Africa’s retirement landscape is at a crossroads. As Defined Contribution (DC) funds become the standard, the burden of risk has shifted heavily onto the individual. The question is: Are we doing enough to support them? It’s time for the actuarial profession to evolve. We are moving beyond the "checker" role to become the architects of retirement outcomes. Join us for a critical discussion on how actuaries can drive value in a DC-dominated world by: - Shaping Investment Strategy to prioritise long-term adequacy. - Strengthening Governance and managing individual risk. - Implementing APN 209: Get a high-level overview of the new Advisory Practice Note (currently out for comment) and its impact on your advisory role. This isn't just a sessional; it’s a roadmap for the future of our profession and the financial security of millions of South Africans. This sessional will be presented by Costa Economou (Colourfield) and Michael de Villiers (Liberty Life: Corporate Benefits and RMC). Register here: assa.net.za/io/cm #Actuaries #RetirementPlanning #DCFunds #FinancialSecurity #ASSA #APN209 #RetirementAdequacy #PensionReform #SouthAfricaFinance=

𝗧𝗿𝗮𝗻𝘀𝗳𝗼𝗿𝗺𝗮𝘁𝗶𝗼𝗻 𝗶𝘀 𝗺𝗼𝗿𝗲 𝘁𝗵𝗮𝗻 𝗮 𝗽𝗼𝗹𝗶𝗰𝘆 - 𝗶𝘁’𝘀 𝗮 𝗽𝗵𝗶𝗹𝗼𝘀𝗼𝗽𝗵𝘆. In the latest episode of the ASSA Clarity podcast, we "rip off the Band-Aid" on transformation within the South African actuarial profession. While African representation among fellows has grown to 10% (and 27% for AIC groups) over the last two decades, the journey is far from over. Host Lucienne sits down with Nalen Naidoo (President of ASSA) and Michelle Abrahams (Member Engagement Executive) to discuss a pivotal shift in strategy: 𝗺𝗼𝘃𝗶𝗻𝗴 𝗳𝗿𝗼𝗺 𝗶𝗱𝗲𝗻𝘁𝗶𝗳𝘆𝗶𝗻𝗴 𝗯𝗮𝗿𝗿𝗶𝗲𝗿𝘀 𝘁𝗼 𝗶𝗱𝗲𝗻𝘁𝗶𝗳𝘆𝗶𝗻𝗴 "𝘀𝘂𝗰𝗰𝗲𝘀𝘀 𝗮𝗰𝗰𝗲𝗹𝗲𝗿𝗮𝘁𝗼𝗿𝘀." 𝗞𝗲𝘆 𝘁𝗮𝗸𝗲𝗮𝘄𝗮𝘆𝘀 𝗳𝗿𝗼𝗺 𝘁𝗵𝗲 𝗲𝗽𝗶𝘀𝗼𝗱𝗲: -𝗧𝗵𝗲 "𝗥𝘂𝗹𝗲𝗿" 𝗘𝗳𝗳𝗲𝗰𝘁: How a simple intervention at a Maths Olympiad can spark a career. -𝗧𝗵𝗲 𝗣𝗿𝗼𝗴𝗿𝗲𝘀𝘀𝗶𝗼𝗻 𝗚𝗮𝗽: Why a student base that is 60% Black, Indian, Coloured still faces hurdles reaching Fellowship. -𝗤𝘂𝗮𝗹𝗶𝘁𝗮𝘁𝗶𝘃𝗲 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵: Why ASSA is partnering with the HSRC to hear the real stories behind the data. Meaningful transformation isn't just about meeting a quota; it’s about creating a profession that is relevant, trusted, and impactful for all South Africans. Tune in from our website: assa.net.za/io/ah Tune in on Spotify: assa.net.za/io/ba #Actuary #Transformation #SouthAfrica #ASSA #DiversityInFinance #ASSAClarity

𝗪𝗵𝗲𝗿𝗲 𝗼𝘁𝗵𝗲𝗿𝘀 𝘀𝗲𝗲 𝗳𝗿𝗮𝗴𝗺𝗲𝗻𝘁𝘀, 𝘄𝗲 𝘀𝗲𝗲 𝗮 𝗳𝘂𝘁𝘂𝗿𝗲. The global landscape is shifting. As the "old rules" of the world order are rewritten, new windows of opportunity are opening for those with the foresight to find them. From shifting geopolitical dynamics to the rise of digital assets, the 𝟮𝟬𝟮𝟲 𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁𝘀 𝗦𝗲𝗺𝗶𝗻𝗮𝗿 is where we make sense of the chaos. Join us in Gauteng as we host South Africa’s leading economic voices, including National Treasury, behavioural finance experts, and top CIOs, to discuss how to protect and grow capital in an era of unprecedented change. 𝗞𝗲𝘆 𝗧𝗵𝗲𝗺𝗲𝘀: 𝗠𝗮𝗰𝗿𝗼 𝗢𝘂𝘁𝗹𝗼𝗼𝗸: Navigating the fiscal position. 𝗕𝗲𝗵𝗮𝘃𝗶𝗼𝘂𝗿𝗮𝗹 𝗙𝗶𝗻𝗮𝗻𝗰𝗲: Why psychology matters more than ever. 𝗣𝗼𝗹𝗶𝘁𝗶𝗰𝗮𝗹 𝗖𝗼𝗻𝗳𝗶𝗱𝗲𝗻𝗰𝗲: Policy directions for the year ahead. 𝗗𝗶𝗴𝗶𝘁𝗮𝗹 𝗙𝗿𝗼𝗻𝘁𝗶𝗲𝗿𝘀: The evolution of Crypto and beyond. Register here: assa.net.za/io/ck #InvestmentsSeminar2026 #GlobalEconomy #SouthAfricaFinance #InvestmentStrategy #MarketInsights

Shaping the Future of Professional Excellence: The New Draft Code of Conduct ASSA’s Code of Conduct is more than just a document; it is the professional promise we make to the public and the shield that protects our collective reputation. After two years of rigorous review and engagement with Council and the Actuarial Governance Board, the Code of Conduct Review Working Party is ready to present a comprehensive update to the profession. This is your opportunity to have your say. We invite all members to join this virtual sessional meeting to explore the proposed changes, understand the updated standards, and provide formal input before the Code is finalised. Register here: assa.net.za/io/cg #ActuarialSociety #CodeOfConduct #ProfessionalStandards #Actuary #Governance #EthicsInBusiness #ASSA

Calling all South African actuaries and professionals based in the Netherlands!   We are thrilled to announce the inaugural ASSA Abroad Netherlands social gathering. This event marks the launch of our regional community, providing a dedicated space for networking, knowledge sharing, and building meaningful connections with fellow expats and local professionals.   Whether you’ve been in the Netherlands for years or have recently relocated, come and share your journey, expand your professional circle, and help us shape the future of this new chapter.   RSVP: Email Lisa at thetardlm@gmail.com   Let’s bridge the gap between South Africa and the Netherlands together. We can't wait to see you there!   Proudly sponsored by LMT Consulting.   #ASSA #Actuaries #NetworkingNetherlands #SouthAfricansInNL #ProfessionalGrowth #ActuarialSociety #ASSAAbroad

Most actuaries have the technical mastery, but running a successful business requires a completely different toolkit. From managing cash flow to building a brand, the "non-technical" side is often where the real challenge lies. Join us for our upcoming Business Mentorship sessional featuring Melosi Baloy. Drawing on real-world entrepreneurial experience, Melosi will dive into the essential foundations for business success that you won't find in a textbook. This is the first in a potential series designed to equip you with the networks and perspectives needed to thrive as a business leader. 📍 Register: assa.net.za/io/cf For any enquiries, reach out to the Events team at events@actuarialsociety.org.za. #Actuary #Entrepreneurship #BusinessGrowth #ActuarialSociety #ProfessionalDevelopment #Leadership #SouthAfricaBusiness

Mark Your Calendars! We are pleased to share the 2026 Seminars Calendar. Whether you are looking to deepen your expertise in Investments, Healthcare, or Life Insurance, we have a diverse range of sessions planned across Gauteng and Cape Town. Stay tuned for more details and registration links closer to each date. For any immediate inquiries, please reach out to: events@actuarialsociety.org.za #ActuarialSocietySA #Actuaries #ProfessionalDevelopment #CPD #ActuarialScience #SouthAfricaEvents #FinanceSeminars #LifeInsurance #HealthcareAnalytics #ERM #ClimateChange