Meet the Actuarial Society of Turkey (AST)

December 2016

The Actuarial Society of Turkey (AST) was founded in 1951 and has 152 full members and eight honorary members. It was admitted as an Associate Member of the IAA in 1998 and became the 69th Full Member Association in November 2016. It is led by President Orhun Emre Çelik.

Its members are active in non-life insurance, life insurance, pensions and education, and also work at regulatory agencies and as independent consultants. The education and exam system for actuaries in Turkey is administered by the regulatory and supervisory authority UAT (the Undersecretariat of Treasury). The Turkish Treasury has had an actuarial exam system in place since 2009, and awards three levels of designations: Level I Trainee Actuary, Level II Assistant Actuary, and Registered Fully Qualified Actuary. The AST has 32 members at Level I, 16 at Level II and 95 Registered Fully Qualified Actuaries. It also has nine members chosen from among non-actuaries who make material contributions to the actuarial profession in Turkey, who are selected by the Board of Directors upon the recommendation of three full members.

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