Actuarial science started to be taught at the Prague Polytechnic in 1904, and the first students graduated in 1907.
On 27 February 1919, the Society of Czechoslovak Insurance Technicians (Czech: Spolek československých pojistných techniků) was established.
The Society aimed to associate insurance technicians and to support and promote interests of experts in fields of actuarial science and statistics.
In 1936, the Society of Czechoslovak Insurance Technicians had about 250 members and its long-time chairman was Václav Choděra.
After World War II and communist coup in 1948, there was little need for actuaries, and the Society ceased to exist.