ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) teamed up with the Society of Actuaries (SOA) from the US to host an awareness session focused on the actuarial profession. The event aimed at broadening the understanding of SECP employees regarding the actuarial field. This profession plays a critical role in evaluating and managing financial risks and uncertainties in various sectors.

According to Securities and Exchange Commission of Pakistan, the session featured Mr. Zain Ibrahim, the SOA’s Regional Director for the Middle East, Africa, and South Asia, who presented an extensive overview of the actuarial profession. He explored the significant impact that actuaries have in fields such as insurance, pensions, health and care, investments, and more. Additionally, Ibrahim outlined the routes to becoming accredited with the SOA and the technical certification programs currently available.

The event concluded with remarks from SECP Commissioner Abdul Rehman Warriach, who stressed the importance of building actuarial and insurance expertise in Pakistan. He urged attendees to view actuarial skills as a viable career option and thanked both the SOA representative and SECP’s Advisor Insurance, Mr. Falak Sher Haider Soomro, for their efforts in putting together a valuable session. The presentation concluded with a dynamic question and answer segment that allowed for further engagement and learning.