Mission
The Academy’s mission is to serve the public on behalf of the United States actuarial profession.
To accomplish this, the Academy:
- Provides independent and objective actuarial information, analysis, and education for the formation of sound public policy;
- Proactively identifies and addresses issues on behalf of the public in matters where actuarial science provides a unique understanding;
- Increases the public’s understanding and recognition of the value of the actuarial profession;
- Facilitates and coordinates issues of common interest among the U.S.-based actuarial associations;
- Provides for the establishment, maintenance, and enforcement of high professional standards of actuarial qualification, practice, and conduct; and
- Coordinates the representation of the U.S. profession globally.
Strategic plan
The Academy mission (above) and vision (below) are included in the Academy's strategic plan. The current strategic plan was approved by the Board of Directors in October 2007.
Vision
Actuaries are recognized as preeminent experts in risk and financial security. As the public voice for the United States actuarial profession, the Academy has been the focal point for the realization of this vision.
Visions for the Core Functional Areas
1. Professionalism: -
The profession’s publics acknowledge and respect the exceptionally high level of integrity and competence demonstrated by actuaries.
2. Public Policy Advising Policymakers: -
National, international, and other public policymakers look to the Academy for leadership, objective expertise, and practical advice on risk and financial security issues.
3. Advocacy in the Public and the Profession’s Interest: -
The Academy identifies and advocates on appropriate issues in the public interest. The public and policymakers value the Academy’s role. U.S. actuaries are recognized by legislation and regulation as experts in a growing number of areas.
4. Recognition and Communication: -
All key audiences recognize the value of the actuarial profession, the Academy’s activities, and the MAAA designation. Employers see actuaries as experts in risk, and seek actuaries as members of their management teams.
5. Coordination and Representation: -
All actuaries in the United States recognize the value of the Academy and are members. The Academy leads an effective and cooperative coalition of U.S.-based actuarial organizations.
6. International Representation:
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The Academy effectively coordinates representation of the U.S. actuarial profession in the international arena.
7. Member Services:
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The Academy achieves high levels of member satisfaction.
8. Governance and Management: -
The Academy works effectively and efficiently, both internally and with other actuarial organizations, to manage resources. The Academy meets high performance standards.
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