American Academy of Actuaries - Membership Requirements

Membership Requirements

In order to sign statements of actuarial opinion, an American actuary must be a Member of the American Academy of Actuaries (M.A.A.A.). The Academy membership requirements are:

  • Membership in one of the following societies:
    • Associate or Fellow of the Casualty Actuarial Society.
    • Associate or Fellow of the Society of Actuaries.
    • M.S.P.A. or F.S.P.A. in the American Society of Pension Professionals and Actuaries.
    • Conference of Consulting Actuaries.
    • Enrolled Actuary status under Title 3, Section C of the Employee Retirement Income Security Act of 1974.
    • Fellowship in the Canadian Institute of Actuaries.
    • Fellowship in the Faculty of Actuaries in Scotland.
    • Fellowship in the Institute of Actuaries in Great Britain.
    • Membership in the Colegio Nacional de Actuarios in Mexico.
    • Fellowship in the Institute of Actuaries of Australia.
    • Special approval by the Membership Committee and the Executive Committee of other actuarial educational credentials.
  • At least three years of full-time equivalent experience in responsible actuarial work.
  • A resident of the United States for at least three years, or a non-resident or new resident who meets the Academy's education requirements and can prove familiarity with U.S. laws and practices in his or her “actuarial practice area.”

Read more about this topic:  American Academy Of Actuaries

Famous quotes containing the word membership:

    The two real political parties in America are the Winners and the Losers. The people don’t acknowledge this. They claim membership in two imaginary parties, the Republicans and the Democrats, instead.
    Kurt Vonnegut, Jr. (b. 1922)