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20. If an actuary signs an NAIC Statement of Actuarial Opinion (SAO) for both a life insurance company and a property and casualty company, what specific continuing education (CE) requirements apply?
Section 3 of the U.S. Qualification Standards (USQS) requires signers of NAIC SAOs to satisfy at least 15 hours on…
21. Do the Specific Qualification Standards require 15 continuing education (CE) hours a year in addition to the 30 hours required by the General Qualification Standard?
No. The 15 CE hours required by the Specific Qualification Standards may be applied to the 30-hour annual CE…
22. Can a session on professionalism count toward the Specific Qualification requirements of Section 3 of the U.S. Qualification Standards (USQS) for signing an NAIC opinion?
Section 3.1.1 of the USQS lists the topics that must be considered for the Specific Qualification basic and continuing…
19. With regard to the Specific Qualification requirements, do the three years of experience need to be obtained while working directly under a qualified actuary who signs the applicable annual statement actuarial opinion?
Per section 3.2, the three years of experience must have been under review by an actuary who was qualified to issue the…
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