OUR HISTORY
The Actuarial Society of Tanzania (AST) was founded in 2003 and officially launched in 2008. AST brings together qualified and trainee actuaries in professional, educational and research organizations with an aim of promoting the actuarial profession in Tanzania, East Africa and the whole world in general.
.
OUR OBJECTIVES
- To promote the advancement and best interests of the actuarial profession and members of the Society;
- To unite members of the Society into one general body;
- To play an active role in actuarial education and training and the development of actuarial expertise to members of the Society;
- To develop and uphold the highest professional standards and guidance for its members in relation to the practice of the actuarial profession and secure for them such professional standing as may assist them in the discharge of their duties;
- To promote knowledge and research among the members of the Society in all matters relevant to actuarial science, service as well as allied disciplines;
- To establish links with the International Actuarial Association(IAA), renowned actuarial societies and institutes to fulfil the requirement of professional development to members of the Society;
- To advance and represent, pertinent member’s issues to relevant authorities on behalf of the society or its members.
MEMBERSHIP CLASSES
The members of the Society shall be of five classes, namely: Fellow, Associate, Student Member, Honorary Member, and Institutional Member. Only one class can be held by a member at any one time.
FELLOW
FAST
- Has masters degree and 5 years post grad work experience
- Bachelor’s degree with 7 years post grad work experience
- Approved for admission to membership by council
- Lawful citizen of Tanzania or holds valid permanent residency
- Paid prescribed entrance fees and dues for the year
- Project Management
ASSOCIATE
AAST
- Shall be an Associate of an Actuarial Association which has a full membership of the International Actuarial Association (IAA) and has at least five(5) years of post-qualification actuarial responsibility which the Council may approve of
- Has masters degree and 2 years post grad work experience
- Bachelor’s degree with 5 years post grad work experience
- Approved for admission to membership by council
- Lawful citizen of Tanzania or holds valid permanent residency
- Paid prescribed entrance fees and dues for the year
STUDENT MEMBER
STUDENT
- Has completed an actuarial course or other related course in a University, or any other academic institute recognized by the Society and has achieved a qualification thereof
- Approved for admission to membership by council
- Lawful citizen of Tanzania or holds valid permanent residency
- Paid prescribed entrance fees and dues for the year