American Academy Of Actuaries Article Index for
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Information About

American Academy Of Actuaries




  • It establishes, maintains, and enforces high professional standards of actuarial qualification, practice, and conduct.

  • It represents the profession at the state, national, and international levels.

  • It assists in shaping public policy by providing legislators, regulators, and others with independent, objective information and analysis.

  • In cooperation with other organizations, it works to represent and advance the actuarial profession and to increase public awareness of the actuary's vital role in the economy and government



STANDARDS

The Academy, in 1988, created the Actuarial Standards Board (ASB) as an independent entity, supported by AAA staff. The ASB serves as the single board promulgating standards of practice for the entire actuarial profession in the United States. The ASB was given sole authority to develop, obtain comment upon, revise, and adopt standards of practice for the actuarial profession.


SELF DISCIPLINARY BOARD, THE ABCD

The Actuarial Board for Counseling and Discipline (ABCD) was formed to serve the academy and all other U.S. actuarial organizations. The ABCD considers complaints and questions concerning possible violations of the Code(s) of Professional Conduct. In addition, the ABCD responds to inquiries by actuaries concerning their professional conduct and, when requested to do so, provides guidance in professional matters.


EXTERNAL LINKS