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More and more, actuarial education and credentialing organizations are beginning to adopt a hands-on mode. This is because today’s market demands that new actuaries come prepared with practical experience and business know-how in order to confront the growing complexity and global interconnectedness of P&C risks, Stuart Klugman, FSA, CERA, PH.D., senior staff fellow, education, at the SOA, explains. Traditional training alone is no longer enough.

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