Professional Actuarial Designations
Actuaries earn professional designations based on the organization they belong to and their status in the professional exam system.When an actuary has met certain professional educational standards by passing a series of exams, he or she achieves the designation of Associate. Actuaries who specialize in property and casualty practice receive the ACAS designation. It stands for Associate of the Casualty Actuarial Society. Actuaries who practice in life, health, finance, investments or pensions receive the Associate of the Society of Actuaries, or ASA, designation.After achieving the Associate designation, the actuary can elect to continue to take exams to achieve the highest designation, Fellow. Casualty actuaries are Fellows of the Casualty Actuarial Society, or FCAS. Fellow of the Society of Actuaries, or FSA, is the designation achieved by life, health, pension, finance, and investment actuaries.
Below are the different actuarial designations and the organizations that grant them. Check out the actuarial alphabet.
Fellow of the Casualty Actuarial Society
Associate of the Casualty Actuarial Society
Fellow of the Society of Actuaries
Associate of the Society of Actuaries
Member of the American Academy of Actuaries
Fellow of the American Society of Pension Professionals & Actuaries
Member of the American Society of Pension Professionals & Actuaries
Fellow of the Conference of Consulting Actuaries
Associate of the Conference of Consulting Actuaries
Fellow of the Canadian Institute of Actuaries