Actuarial Standards Board and Actuarial Board for Counseling & Discipline

All CCA members are subject to the Code of Professional Conduct. As stated in the Code, Annotation 2-1: "It is the professional responsibility of an Actuary to observe applicable qualification standards that have been promulgated by a Recognized Actuarial Organization for the jurisdictions in which the Actuary renders Actuarial Services and to keep current regarding changes in these standards."

Members of the Actuarial Standards Board

The Actuarial Standards Board (ASB) establishes and improves standards of actuarial practice. These Actuarial Standards of Practice (ASOPs) identify what the actuary should consider, document, and disclose when performing an actuarial assignment. The ASB’s goal is to set standards for appropriate practice for the United States.

Click here to view the current membership of the Actuarial Standards Board through their website.

As stated in the Code, Precept 13: "An Actuary with knowledge of an apparent, unresolved, material violation of the Code by another Actuary should consider discussing the situation with the other Actuary and attempt to resolve the apparent violation. If such discussion is not attempted or is not successful, the Actuary shall disclose such violation to the appropriate counseling and discipline body of the profession, except where the disclosure would be contrary to Law or would divulge Confidential Information."

Actuarial Board for Counseling and Discipline

The Actuarial Board for Counseling and Discipline was established by the U.S. actuarial organizations to strengthen members' adherence to the recognized standards of ethical and professional conduct.

Click here to view the current membership of the Actuarial Board for Counseling and Discipline through their website.