Master's Degree


300 USD

500-700 USD

1500-2500 USD

Banking, Insurance;

University of Puthisastra (UP);
National University of Management (NUM);
Beltei International University;
Cambodian University for Specialties

Do you enjoy mathematics and using statistical analysis to make predictions? Have you ever wondered whether if you could use data to help governments and companies make crucial decisions that can affect the way people gain access to insurance or how financial companies can create new and innovative financial products?

Actuarial Analysts are Mathematicians that help companies predict risks and predict the costs associated with these risks. They have in-depth understanding of mathematics, statistics, investments, economics, politics, regulations, marketing, operations, and distribution, among many other subjects. They use their knowledge to help clients and employers come up with policies, pricing plans and complex financial products, while also providing strategic financial and/or commercial advice. Their primary sectors of work are healthcare, finance, pension and insurance. Actuarial Specialists use financial models to analyse and understand various sets of data. Because they must analyse such complex data, communication is an important skill set, allowing them to transmit their message to non-technical individuals.


  • Actuaries are involved in a variety of areas, from insurance to major motion pictures, and have been featured in many Hollywood movies (for example Anong Came Holly).
Mr. Joseph Daryl Abesamis
Senior Manager for Risk Management
Manulife Cambodia
For me, each day is different. One day I can be at my desk running Excel models, another day I can be attending a press conference for a product launch.

I am a Senior Manager for Risk Management at Manulife Cambodia. I joined Manulife in 2011 in Manila, and moved to Phnom Penh in 2014.

As an aspiring Actuary, my roles have generally included the pricing and development of life insurance products. More recently, I have also headed the risk management function, assessing the company’s risk exposures, and looking for creative ways to actively monitor, mitigate and manage the various risks that we face. Additionally, I am an Associate of both the Society of Actuaries in the U.S. and the Actuarial Society of the Philippines.

Before joining Manulife, I was doing actuarial valuation of employee retirement plans in an HR consulting firm. That was my first job; I worked there for 1½ years. In Manulife Philippines, I was primarily working with other actuaries in developing and pricing new life insurance products. When I was studying at university, I saw that publications always ranked Actuaries as a top career choice, in terms of physical demands, job security, and stress. Because I was studying mathematics, it fit my skill set and I decided to pursue it. For me, each day is different. One day I can be at my desk running Excel models, another day I can be attending a press conference for a product launch.

My position also requires that I speak with people from different parts of the company, which can be challenging because I need to communicate without being too technical. However, I like to be involved in big projects, and as head of risk management, I guide the team in assessing and controlling the risks involved in these projects. I try to catch problems before they become problems. I must see all parts of the company clearly, and how all the pieces fit together. Because actuarial training requires one to understand various aspects of the business (marketing, accounting, distribution, regulations, operations, investments), there are many career paths I can take, in and out of the insurance industry. It is not uncommon for actuaries to become CFOs, COOs, CMOs and even CEOs. With the Cambodian economy growing fast, I expect demand for Actuaries to increase in the near future.