Saudi Arabia's Insurance Authority has launched a master's program in actuarial science and insurance and risk management for insurance professionals in the Kingdom. Developed with Bayes Business School and the Financial Academy, the program will provide specialized academic training and build participants' technical and leadership skills. The actuarial science track is accredited by the Institute and Faculty of Actuaries, with recognition from the Society of Actuaries. The insurance and risk management track is accredited by the Chartered Insurance Institute and the Institute of Risk Management, with recognition from the International Insurance Society.