MetLife supports actuarial science education in BD

To meet the increasing demand of actuary professionals, MetLife has been working to encourage potential students to actuarial science education. MetLife has taken up the initiative of “Actuarial Study Programme” to meet the demand of skilled manpower in the insurance sector as part of its social responsibility. Under this program, in January 2015, MetLife selected six students from the Department of Mathematics, University of Dhaka for Actuarial Science Education scholarship.

Selected students for the “Actuarial Study Program” receive examination fees, costs for the study materials and monthly stipend from MetLife. Four of the six students who received the “Actuarial Study Program” scholarship have successfully passed the first examination and are taking preparation for the next examination. Chief Marketing Officer and Deputy General Manager, MetLife, Bangladesh, Syed Hammadul Karim said, “There is a vacuum due to lack of awareness and facilities in the actuarial science education. MetLife has been encouraging potential students to the actuarial study to meet the growing demand of the sector and providing them financial support through scholarship. He expressed hope that, “The Actuarial Study program will be a great support to create a mentionable number of actuaries in the future and contribute to the development of insurance sector in Bangladesh.”

About MetLife:

MetLife, Inc. (NYSE: MET), through its subsidiaries and affiliates (“MetLife”), is one of the largest life insurance companies in the world. Founded in 1868, MetLife is a global provider of life insurance, annuities, employee benefits and asset management. Serving approximately 100 million customers, MetLife has operations in nearly 50 countries and holds leading market positions in the United States, Japan, Latin America, Asia, Europe and the Middle East. For more information, visit www.metlife.com

Bangladesh is a key operation and has a long history tracing back to 1952. Today, it is the largest insurance company and a major employer in the country with over 15,000 Field Force and Employees.