Actuaries put a price tag on risk. They are the leading professionals in finding ways to manage risk, and are experts in:

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.

The types of discipline the Academy imposes for professional misconduct include private reprimand, public reprimand, suspension from membership, and expulsion from membership. Learn more about those who have been publicly disciplined and why on the Public Discipline page, and for more general information about the discipline process in place to initiate complaints or obtain counseling, visit the ABCD website.

The Academy upholds the profession's standards by continual encouragement to all members to abide by the Code of Professional Conduct. This effort encompasses the work of the Actuarial Standards Board (ASB), the Actuarial Board for Counseling and Discipline (ABCD), and the Academy's Committee on Qualifications.