Certified Pension Actuary is a business professional on pension who uses knowledge and skills in mathematics, in particular, probability and statistics, and provides pension related professional services such as assessment of funding level, advice on funding and risk management, valuation of defined benefit obligations for employer’s financial reports and other general consulting on pension plans.
In recent years, the social need for the actuarial expertise has been growing more. Accordingly, the scope of their activities has expanded from trust banks and life insurance companies to non-life insurance companies, commercial banks, securities companies and non-financial industry including consulting firms and audit firms.