ACSC 533 Lecture 28: ACSC 513 - David Scollnik - Winter 2018
20 Mar 2018
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Document Summary
Being an actuary is not just a career. A profession has a reputation based on what others in the profession did before you. Actually, this is a difficult question to answer. However, most of the elements in the different definitions of what a profession are fall into 3 categories. These are knowledge-related, value-related, and organizational elements. Knowledge-related elements include such characteristics as specialized knowledge and long training. Value-related elements include such things as ethical behaviour and a commitment to provide a service. Organisational elements, such as a national body with disciplinary powers, support the knowledge- and value-related elements. Less stringent definitions of what a profession is also exist. Some might say that defining characteristics of a profession are solely knowledge-based. Even if an occupation manages to satisfy all three categories, it still may not achieve the rank of profession in the eyes of the public.
