Competency Framework for New Academy Members

Competency Framework for New Academy Members

The purpose of the Academy’s Competency Framework is to specify the knowledge required of a new Academy member regarding General Actuarial Topics, U.S. Laws and Practices, and U.S. Actuarial Professionalism.

In general, a competency framework lays out the knowledge required to effectively perform a specific role, job, or profession; in this case, to become a member of the American Academy of Actuaries. The Academy’s Framework outlines the topic areas in which new members must have acquired basic familiarity and foundational knowledge to succeed in their roles.

This Framework is expected to be modified periodically. The latest Competency Framework was approved by the Board at the January 2023 Board meeting (editorial changes were approved in October 2023 with further editorial changes made in June 2024 by the Membership Requirements Subcommittee).

Academy membership is reserved for those who meet the profession’s highest standards. Explore our membership requirements and see if you’re ready to join a network of leading actuarial professionals.

New membership requirements are coming in 2026. Learn more.

 

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New Membership Requirements Are Coming

New membership requirements will take effect Jan. 1, 2026. Watch our webinar which provides a comprehensive overview of the revised membership requirements, as well as a look at the Academy’s Competency Framework.