Actuarial Society of South Africa

The Institute and Faculty of Actuaries (IFoA) and the Actuarial Society of South Africa (ASSA) signed a new Mutual Recognition Agreement (MRA) on the 29 September 2021.

Joining the IFoA

As a Fellow of the IFoA, you will be recognised world-wide as having the qualifications, ethics, outlook and life-long support you need, empowering you to succeed at the very top of your chosen profession and to serve the public interest in the societies in which you live.

If you are Fellow of ASSA and would like join the IFoA as a Fellow, you can apply for mutual recognition under our Mutual Recognition Agreement (MRA) if you meet the following criteria: 

• You have attained Fellowship of ASSA by completing the qualification requirements of ASSA, which may include co-sponsored education and examinations of other actuarial organisations (not solely in recognition of membership of another actuarial association)
• You are entitled to practice as a member of ASSA
• In the event that there is no work experience requirement built into Fellowship of ASSA, you have completed, as at the date of application, three years post-qualification practical work-based experience of actuarial practice You have undertaken a professionalism course; and
• You authorise in writing ASSA to release relevant records to the IFoA concerning any adverse disciplinary determination, finding, sanction and/or penalty, to which you have been subject, in accordance with ASSA’s disciplinary process.

You can find the full terms set out in the ASSA Mutual Recognition Agreement (MRA).

How to apply

If you meet the criteria above, simply complete the Application for Consideration as a Fellow of the Institute and Faculty of Actuaries for Fellows of the Actuarial Society of South Africa.

Please send your completed application to our Member Services Team.

Please check the application form and ensure you have included all documents.  You can send us digital copies of your signed application form and documents.

If you have any questions about your application, please contact our Member Services team, who will be happy to help you.

Joining ASSA

We’re here to support you on your career journey, wherever in the world it takes you.

If you are a Fellow of the IFoA and would like to join the ASSA as a Fellow, you can find out how on the ASSA website.