the route to become an actuary,the salary,the prospect especially in malaysia
2007-03-06 21:20:06 · 1 answers · asked by miss k 2 in Business & Finance ➔ Careers & Employment
You can go to Actuarial Society of Malaysia website for industry update information.
Actuary has good career prospect in Malaysia because our financial industry e.g. insurance industry is in the liberalization process. Foreign insurance companies are very aggresive in finding joint venture business partners with local insurance companies.
Recently, Berjaya General Insurance (BGI) Berhad formed joint venture with SOMPO Japan Insurance Corporation. (Please find out other joint venture happening in Malaysia and share with your coursemates - help me, please!)
We have to open our financial industry because of globalization. Bank Negara Malaysia aims to open the financial industry by 2008. When market is open, Insurance premium rate, for example need to adjust according or even free to adjust according to market demand by the insurance company (a free market). I foresee many actuaries are needed when insurance rate is going to change.
#Find out what you really want and think out-of-the-box - The future is yours. #
2007-03-07 15:19:04 · answer #1 · answered by malaysiainsuranceguide 3 · 0⤊ 0⤋