Czech Society of Actuaries
Professional services
UnclaimedThe Czech professional association representing actuaries and promoting actuarial education, research, and professional standards.
Last updated August 25, 2026
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Overview
The Czech Society of Actuaries (CSA; Czech: Česká společnost aktuárů) is the professional association for actuaries in the Czech Republic. Its work focuses on developing actuarial science, supporting education and research, maintaining professional contacts, and representing Czech actuaries in international actuarial organizations. The Society operates as a professional and educational body rather than as a commercial insurance company or financial-services firm. The modern Society was established in 1992 to revive the country's organized actuarial tradition after the interruption of the former Czechoslovak association. That tradition dates to the early twentieth century, when actuarial science began to be taught at the Prague Polytechnic in 1904 and its first students graduated in 1907. On 27 February 1919, the Society of Czechoslovak Insurance Technicians was founded to bring together specialists in insurance, actuarial science, and statistics. It became part of the international actuarial community and had approximately 250 members by 1936. Following the Second World War and the communist takeover in 1948, the practical need for actuaries declined and the earlier society ceased to operate. Since its re-establishment, the CSA has maintained a close relationship with the Department of Financial and Insurance Mathematics at Charles University’s Faculty of Mathematics and Physics in Prague. The Society and the university jointly organize a recurring actuarial seminar, and university examinations are one route toward obtaining full professional membership. The Society’s qualification framework combines academic examinations with practical experience, reflecting the technical and regulatory responsibilities associated with actuarial work in life insurance, non-life insurance, financial risk, and related fields. The CSA provides three principal membership categories: member, fellow, and honorary member. Full qualification normally requires passing the examinations prescribed by the Society and completing three years of relevant successful work experience. The examination areas include life insurance, non-life insurance, risk theory, introductory finance, financial management, stochastic financial modeling, insurer accounting, and insurance law. The curriculum is aligned with the core syllabus of the Actuarial Association of Europe, helping connect domestic qualification with European professional expectations. The Society also serves as the Czech profession’s link to international actuarial institutions. It became a full member of the International Actuarial Association in 1998. Following the Czech Republic’s accession to the European Union in 2004, it became a full member of the European actuarial association formerly known as the Groupe Consultatif, now the Actuarial Association of Europe. These memberships support professional exchange, common standards, and the international recognition of actuarial expertise. As reported for 2023, the CSA had 351 members, including 113 fully qualified members. Jan Šváb was chairman during the period covered by the reference material, serving from 2013 through 2025. In 2019, the Society marked one hundred years since the founding of the earlier Czech and Czechoslovak actuarial association. Its present role is centered on professional community-building, qualification, continuing education, and the development of actuarial practice in the Czech Republic.
History
Actuarial education in the Czech lands began at the Prague Polytechnic in 1904, with the first students completing the course in 1907. By 1918, more than 170 people had graduated from the program, creating an initial body of specialists in insurance mathematics and related quantitative disciplines. On 27 February 1919, the Society of Czechoslovak Insurance Technicians was founded. Its purpose was to bring together insurance technicians and to advance the interests of experts working in actuarial science and statistics. The association participated in the international actuarial community, including membership in the Comité Permanent des Congrès Internationaux d'Actuaires. Eighteen Czechoslovak actuaries attended the first post-war International Congress of Actuaries in London in 1927. By 1936, the organization had around 250 members, and Václav Choděra was its long-serving chairman. The association’s development was interrupted after the Second World War. Following the communist coup in 1948, the economic and institutional environment created little demand for actuarial specialists, and the Society of Czechoslovak Insurance Technicians ceased to exist. Organized actuarial activity was later revived in a changed political and economic setting. The Czech Society of Actuaries was established in 1992 with the aim of resuming the work of the earlier association. From the outset, it developed a close cooperation with the Department of Financial and Insurance Mathematics at Charles University’s Faculty of Mathematics and Physics in Prague. The Society and the university jointly organize a regular Actuarial Seminar, while university examinations can form part of the route to full membership. This relationship links professional qualification with formal mathematical and financial education. The CSA’s qualification system includes examinations in life insurance, non-life insurance, risk theory, introductory finance, financial management, stochastic financial modeling, insurer accounting, and insurance law. Candidates normally also need three years of successful professional experience. The examination scope is designed to correspond to the core syllabus of the Actuarial Association of Europe. International integration became an important part of the Society’s post-1992 development. In 1998, the CSA became a full member of the International Actuarial Association. Following Czech accession to the European Union in 2004, it also became a full member of the Groupe Consultatif, the European actuarial organization now known as the Actuarial Association of Europe. Through these affiliations, the Society represents Czech actuaries internationally and participates in the broader development of actuarial standards and professional contacts. The Society celebrated the centenary of actuarial association activity in the Czech and Czechoslovak context in 2019. Its leadership since re-establishment included Jaroslav Dostal, Petr Mandl, Jiří Fialka, Petr Bohumský, and Jan Šváb. For 2023, the organization reported 351 members, including 113 fully qualified members. The CSA’s continuing role is to support actuarial education, qualification, research, professional networking, and the standing of actuarial expertise in the Czech Republic.
- 2023
Reported membership reaches 351
[1]The Society reports 351 members, including 113 fully qualified members.
- 2019
Centenary of actuarial association activity
[1]The CSA commemorates one hundred years since the predecessor association was founded.
- 2004
Full membership in the European actuarial association
[1]After Czech EU accession, the CSA becomes a full member of the Groupe Consultatif, now the Actuarial Association of Europe.
- 1998
Full membership in the International Actuarial Association
[1]The CSA becomes a full member of the International Actuarial Association.
- 1992
Czech Society of Actuaries is established
[1]The CSA is founded to resume organized actuarial activity in the Czech Republic.
- 1948
Predecessor association ceases to operate
[1]After the communist takeover, reduced demand for actuarial expertise contributes to the end of the predecessor Society.
- 1936
Predecessor association reaches approximately 250 members
[1]The Society of Czechoslovak Insurance Technicians reports about 250 members.
- 1927
Czechoslovak actuaries attend the London international congress
[1]Eighteen Czechoslovak actuaries participate in the first post-war International Congress of Actuaries in London.
- 1919
Society of Czechoslovak Insurance Technicians is founded
[1]The predecessor association is established on 27 February to unite insurance technicians and promote actuarial and statistical expertise.
- 1907
First actuarial students graduate
[1]The first students complete the actuarial course at the Prague Polytechnic.
Products and positioning
A national professional association and qualification body for actuaries, combining academic cooperation, examination-based professional development, networking, and international representation.
Professional association membership · 1992
Professional membership
The Society offers member, fellow, and honorary-member categories. Membership provides a formal professional community for actuaries and supports participation in educational, research, networking, and representative activities.
Professional qualification · 1992
Actuarial qualification pathway
The qualification framework combines prescribed examinations with practical experience. Examination subjects cover life and non-life insurance, risk theory, finance, stochastic modeling, insurer accounting, and insurance law. Full qualification normally requires three years of successful professional work in addition to passing the required examinations.
Education and events · 1992
Actuarial Seminar
The regular Actuarial Seminar is organized jointly with the Department of Financial and Insurance Mathematics at Charles University’s Faculty of Mathematics and Physics. It provides a forum for actuarial education, professional discussion, and exchange between academic and practicing actuaries.
Professional education · 1992
Actuarial education and examinations
The Society supports an examination structure aligned with the core syllabus of the Actuarial Association of Europe. Candidates may take examinations at Charles University or present equivalent qualifications, linking Czech professional development with European actuarial expectations.
Brand decisions
2004
European actuarial integrationStrategyBackground
The Czech Republic’s accession to the European Union increased the importance of European professional cooperation and common qualification expectations.
Action taken
The CSA became a full member of the Groupe Consultatif, now the Actuarial Association of Europe.
Aftermath
The Society gained a formal role in European actuarial representation and aligned its examination scope with the European core syllabus.
1998
International Actuarial Association membershipStrategyBackground
The re-established Society sought to represent Czech actuaries within the international professional community.
Action taken
The CSA became a full member of the International Actuarial Association.
Aftermath
The membership strengthened the Society’s international representation and connection to global actuarial cooperation.
1992
Re-establishment of the Czech actuarial associationStrategyBackground
The earlier Society of Czechoslovak Insurance Technicians had ceased operating after the post-war political and economic changes. The revival of actuarial institutions became relevant as the Czech professional and financial environment was reorganized.
Action taken
The Czech Society of Actuaries was established to resume the predecessor association’s professional and educational role.
Aftermath
The new Society developed academic cooperation with Charles University, introduced a qualification framework, and later gained full membership in international actuarial organizations.
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