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ARMENIA TO HAVE HIGHER DEMAND FOR ACTUARIES YEAR OVER YEAR: FINANCE MINISTER
YEREVAN, May 6./ARKA/. Demand for actuaries will be growing year over
year in Armenia, acting finance minister Vache Gabrielyan said Monday
at the opening of The Third CIS Congress of Actuaries in Yerevan,
May 6-8.
The event is organized by the Association of Actuaries of Armenia in
cooperation with International Actuarial Association.
Gabrielyan said the actuarial sphere has faced some significant
development over the recent years.
"It was fostered by the new chair at Yerevan State University which
prepares actuaries, and by the fact that after mandatory car insurance
was introduced in Armenia, there raised a demand for professional
actuaries who could calculate the financial risks," he noted.
Gabrielyan highlighted the demand for actuaries is not only seen in
the insurance sphere.
"The demand for actuaries has appeared in healthcare sector, and it
will be growing after the mandatory health insurance is introduced.
The services of the actuaries will also be required when funded
pension system is rolled out in 2014."
On her side, head of Armenia's Association of Actuaries Astghik Ananyan
said the CIS actuaries have the same issues because the insurance
sector is on a stage of development in the former Soviet republics.
"From this angle, despite different levels of financial market
development, we have more similarities than differences. As to Armenia,
we have relatively new but actively developing association of actuaries
who need knowledge and advanced experience," she highlighted.
At the Congress she also proposed to form CIS Association of Actuaries
as together actuaries will seek for common solutions to the issues
and face different challenges.
First actuaries of Armenia received a certificate from AED/USAID and
the Central Bank of Armenia in 2010. At the same period they formed
Association of Actuaries of Armenia.
The Third CIS Congress of Actuaries is to unite actuaries and all those
interested individuals from the CIS to discuss the issues related to
risk management, healthcare financing, etc.
Heads of national associations of actuaries, and other representatives
of this profession from Uzbekistan, Tajikistan, Russia, Moldova,
Georgia, Ukraine and Kazakhstan are among the participants.-0-
From: A. Papazian
YEREVAN, May 6./ARKA/. Demand for actuaries will be growing year over
year in Armenia, acting finance minister Vache Gabrielyan said Monday
at the opening of The Third CIS Congress of Actuaries in Yerevan,
May 6-8.
The event is organized by the Association of Actuaries of Armenia in
cooperation with International Actuarial Association.
Gabrielyan said the actuarial sphere has faced some significant
development over the recent years.
"It was fostered by the new chair at Yerevan State University which
prepares actuaries, and by the fact that after mandatory car insurance
was introduced in Armenia, there raised a demand for professional
actuaries who could calculate the financial risks," he noted.
Gabrielyan highlighted the demand for actuaries is not only seen in
the insurance sphere.
"The demand for actuaries has appeared in healthcare sector, and it
will be growing after the mandatory health insurance is introduced.
The services of the actuaries will also be required when funded
pension system is rolled out in 2014."
On her side, head of Armenia's Association of Actuaries Astghik Ananyan
said the CIS actuaries have the same issues because the insurance
sector is on a stage of development in the former Soviet republics.
"From this angle, despite different levels of financial market
development, we have more similarities than differences. As to Armenia,
we have relatively new but actively developing association of actuaries
who need knowledge and advanced experience," she highlighted.
At the Congress she also proposed to form CIS Association of Actuaries
as together actuaries will seek for common solutions to the issues
and face different challenges.
First actuaries of Armenia received a certificate from AED/USAID and
the Central Bank of Armenia in 2010. At the same period they formed
Association of Actuaries of Armenia.
The Third CIS Congress of Actuaries is to unite actuaries and all those
interested individuals from the CIS to discuss the issues related to
risk management, healthcare financing, etc.
Heads of national associations of actuaries, and other representatives
of this profession from Uzbekistan, Tajikistan, Russia, Moldova,
Georgia, Ukraine and Kazakhstan are among the participants.-0-
From: A. Papazian