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Professionalism FAQ

What are the CE (continuing education) requirements for actuaries who issue Statements of Actuarial Opinion (SAOs) in 2008?

Actuaries who issue SAOs in 2008 must meet the pre-2008 Qualification Standards, either under the Qualification…

To whom do the revised Qualification Standards apply?

The revised Qualification Standards will apply to all actuaries who are members of one of the U.S.-based actuarial…

Under the revised standards, what does the "grandfather" clause for basic education and experience mean for actuaries?

An actuary who met the basic education and experience (BEE) requirements to issue Prescribed Statements of Actuarial…

Is an opinion that was considered a PSAO under the old standards now considered an SAO?
A PSAO is a type of SAO. Actuaries who issue certain PSAOs, such as those issued for the NAIC Life and A…
Have the examinations required to satisfy the Basic Education Requirement of the General Qualification Standard been changed?
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Darrell Knapp
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