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MISSION STATEMENT The Academy serves its members to: establish, maintain, and enforce high professional standards of actuarial qualification, practice, and conduct. represent the profession at the state, national, and international levels. assist in shaping public policy by providing legislators, regulators, and others with independent, objective information and analysis. works to represent and advance the actuarial profession, in cooperation with other organizations, 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. MEMBERSHIP REQUIREMENTS In order to sign statements of actuarial opinion, American actuaries must be members of the Academy. The Academy membership requriements are: Membership in one of the following societies: ---Associate of the Casualty Actuarial Society . ---Associate 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.” 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. MAGAZINE The Academy publishes '' Contingencies '' magazine, a bimonthly publication that publishes articles on a wide range of issues related to the actuarial profession. REFERENCES Works cited
	Title	American Academy of Actuaries: 2006 Yearbook
	Url	http://wwwactuaryorg/yearbook/pdf/member_requirements_06pdf
	Format	PDF
	Accessdate	2006-06-11
	Year	2006
	Publisher	American Academy of Actuaries
	Location	Washington, DC
	Pages	59&ndash61
	Chapter	Academy Policies: Membership Requirements

  Year 2006
  Url http://wwwactuaryorg/aboutusasp
  Title About Us
  Work Academy website
  Publisher American Academy of Actuaries
  Accessdate 2006-06-20




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