Overseas mutual recognition
We have mutual recognition agreements with select overseas actuarial associations. If you belong to one of these associations, you can apply to become a Fellow or Associate member of the Institute.
Join Australia’s actuarial community
New to Australia? Become a Fellow or Associate Member with the Institute via mutual recognition with certain organisations and elevate your career.
Stay globally connected and receive the post-nominals, local insight, vibrant network and legislative knowledge you need to succeed.
Join actuarial experts in shaping industry and societal issues. By volunteering and mentoring, you can help develop practice areas, give back and raise your profile. Membership also opens the door to lifelong learning with cutting-edge resources.
Get involved, make an impact
Mutual recognition member benefits
Adapt to Australian business practices
Get the legislative and best-practice knowledge you need for the Australian market.
Receive recognised Australian post-nominals
Using local post nominals reflects your expertise and builds your professional status.
Create change for good
As a member, you can influence positive change as we participate in government submissions and build policy.
Build your Australian network
Join our young, diverse and vibrant community and mix with like-minded professionals.
Engage in lifelong learning
Take advantage of discounted events, free insights sessions, online knowledge hubs and courses that develop your actuarial expertise.
Current mutual recognition agreements for Fellows
The Actuaries Institute currently holds mutual recognition agreements with:
- Actuarial Society of South Africa (ASSA)
- Canadian Institute of Actuaries (CIA)
- Casualty Actuarial Society (CAS)
- Institute and Faculty of Actuaries (IFoA)
- Institute of Actuaries of India (IAI)
- Institute of Actuaries of Japan (IAJ)
- New Zealand Society of Actuaries (NZSA)
- Society of Actuaries (SoA)
- Society of Actuaries in Ireland (SAI)
Fellows of these associations have a direct pathway to Fellow membership with the Institute.
Current mutual recognition agreements for Associates
Only the Actuarial Society of South Africa (ASSA) and Canadian Institute of Actuaries (CIA) allow mutual recognition for Associates.
If your institution is not listed, you can still apply for special consideration for accredited membership. Our Council considers these applications on a case-by-case basis.
View application guidelines here.
How does my overseas membership transfer to the Actuaries Institute?
If you have an overseas qualification and belong to an association with a mutual recognition agreement, you can become a Fellow or Associate with the Institute.
For all levels of membership, you need to be living and working in Australia for at least 6 months, with suitable experience in local actuarial practice. You also need to have passed a recognised Professionalism Course within the last 12 months.
When completing your application, you must have another nominating Fellow sign your form with a Statement of Responsibility, declaring that you understand the Code of Professional Conduct, all Professional Standards and mandatory Guidance Notes.
If you’re not a financial member of a recognised association, you can still apply to become an Affiliate member of the Institute.
For more details, view the Mutual Recognition Agreement application guidelines.
Mutual recognition agreement membershipsChoose your membership type according to your actuarial career progression. | Mutual Recognition AssociateFrom $330/year Apply Now | Mutual Recognition FellowFrom $550/year Apply Now |
|---|---|---|
| Qualification program passed | Must have qualified as an Associate by examination | Must have qualified as a Fellow by examination |
| Prerequisites | Must be a current financial Associate at Actuarial Society of South Africa (ASSA) or Canadian Institute of Actuaries (CIA) | Must be a current financial Fellow at one of nine Mutual Recognition Agreement associations |
| Post-nominals The right to use the post-nominals 'AIAA' and 'FIAA' is only granted to current Associates and Fellows of the Institute under clause 6.9 of the Institute's Constitution. | AIAA | FIAA |
| Access to member-only content |  | |
| Free Insight events, peer networking and Young Actuary Program events | | |
| Discounts on Major industry Events | | |
| Member portal with on-demand learning | | |
| Earn CPD points and track lifelong learning progress | | |
| Access to mentor program | | |
| Access to volunteering opportunities | | |
| International recognition of qualification | | |
| Mutual recognition of qualification at global associations | Mutual recognition agreements with two associations | Mutual recognition agreements with eight associations |
View our full 2024-2025 membership fees , including joining fees and reinstating member membership prices. Discounted fees apply for those aged 60 – 69 and those earning under $90,000 per annum.
Heading overseas? Take your actuarial practice with you.
Thanks to our mutual recognition agreements, members of the Institute can also become members of overseas actuarial associations. If you’re planning a working holiday or a more permanent relocation, find out how we can help you transfer your actuarial expertise.
