What is the significance of the MAAA designation?
An MAAA® is a member of the American Academy of Actuaries. To employers, clients, and government leaders, the MAAA designation denotes professionalism and credibility.
In 1966, the National Association of Insurance Commissioners adopted a resolution supporting recognized standards of actuarial competence and conduct and urging commissioners to support the Academy's efforts to gain official recognition. Most states now have regulations that recognize the MAAA designation as a qualification for signing insurance company annual statements.