On 27.5.2016 the MAA became a full member of the International Actuarial Association (IAA).
The IAA is founded in 1895, and reformed in 1998 with a new constitution, the International Actuarial Association (IAA) is the worldwide association of professional actuarial associations, with a number of special interest sections for individual actuaries. The IAA exists to encourage the development of a global profession, acknowledged as technically competent and professionally reliable, which will ensure that the public interest is served.
The mission of the IAA, as the worldwide organization of actuarial associations, is:
- to represent the actuarial profession and promote its role, reputation and recognition in the international domain; and
- to promote professionalism, develop education standards and encourage research, with the active involvement of its Member Associations and Sections, in order to address changing needs.
IAA has 73 full members – actuarial associations.
More information about the IAA could be found on the following link.
MAA is an associate member of the IAA since 2006. As an associate member of the IAA, MAA had the following benefits:
- getting advice and assistance from various expert committees on such issues as codes of conduct, standards of practice, disciplinary processes, education criteria, and more;
- access to all IAA newsletters, news releases, committee papers and other publications;
- attending regional seminars and biannual meetings in order to stay up to date with developments in the international profession and network with their global peers.
Becoming a full member of the IAA, besides these benefits, МАA has voting rights and may appoint a delegate (and alternate delegate) to represent the association at Council, in order to help shape the future of the international actuarial profession. Also, MAA can appoint representatives to serve on IAA committees, which offer invaluable opportunities to exchange ideas on key topics, work towards solutions, and provide input on papers affecting actuaries worldwide.