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First Actuaries Certified In Yerevan

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  • First Actuaries Certified In Yerevan

    FIRST ACTUARIES CERTIFIED IN YEREVAN

    PanARMENIAN.Net
    July 29, 2010 - 19:23 AMT 14:23 GMT

    On July 29, Yerevan hosted official certification ceremony for
    Actuarial Training Program graduates.

    8 young specialists were awarded with qualification certificates, 15
    were given certificates for completion of the 1st stage of training
    program. The program graduates have formed an association aiming at
    the development of actuarial institution in Armenia.

    The Actuarial Training Program provides the participants with the
    skills and knowledge to permit them to become internationally certified
    actuaries. At the end of their study the participants will demonstrate
    both practical and theoretical knowledge in financial mathematics,
    general insurance mathematics, actuarial management of life insurance,
    principles and practice of life insurance and other business related
    subjects and become professional specialists in actuarial science. The
    main objective of the project is to develop a cadre of internationally
    certified actuaries for the insurance and pension sectors as well as
    build human and institutional capacity of the insurance companies to
    tackle news risks in ever-more creative ways.

    Upon successful completion of eight Basic and 12 Advanced Modules,
    the participants will be certified by the Central Bank of Armenia as
    Responsible Actuaries for insurance companies.

    The Actuarial Training Program is organised by the initiative of the
    Central Bank of Armenia, with the assistance of USAID.




    From: A. Papazian
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