Czech Society of Actuaries
The Czech Society of Actuaries (CSA, Czech: Česká společnost aktuárů) is the association of actuaries in the Czech Republic. It aims to promote the education and research in actuarial science and to mediate social and professional contacts among actuaries.
The Society is a full member of the International Actuarial Association and the Groupe Consultatif. As of 2017, it has more than 280 members, 100 of them fully qualified. Current chairman of the Society is Jan Šváb.
History
The Czech Society of Actuaries was established in 1992 to resume the activities of the Society of Czechoslovak Insurance Technicians. The original society was founded in 1919, and it ceased to exist after the Communist Party took over the power in 1948.
Since the very beginning, the Society closely co-operates with the Department of Financial and Insurance Mathematics of the Faculty of Mathematics and Physics, Charles University, Prague. The Society and the University jointly organise a regular Seminar in Actuarial Science (Czech: Seminář z aktuárských věd). University examinations are also a common way to gain full membership of the association.
The Society represents Czech actuaries within international actuarial community. In 1998, it became a full member of the International Actuarial Association, and after the country's accession to the European Union in 2004, the Society has become also a full member of the Groupe Consultatif.
Membership
The Czech Society of Actuaries offers three types of membership:
- Member
- Fellow (fully qualified member)
- Honorary member
Certificate of qualification is normally awarded on the following basis:
- Passing of the examinations prescribed by the Society
- Three years of successful work experience
As of 2017, the Society has 281 members. 104 of them are fully qualified.
Examinations
The Society requires candidates to pass the following examinations at the Charles University, or equivalent:
- Life Insurance
- Non-life Insurance
- Risk Theory
- Introduction to Finance
- Finance Management
- Stochastic Financial Modelling
- Accounting of Insurers
- Insurance Law
The scope of the examinations complies with the Core Syllabus of the Groupe Consultatif.
Past chairmen
- 1992-1995 Jaroslav Dostal
- 1995-2003 Petr Mandl
- 2003-2010 Jiří Fialka
- 2010-2013 Petr Bohumský
- 2013-2019 Jan Šváb