Israel Association of Actuaries (ILAA)

The Institute and Faculty of Actuaries (IFoA) and the Israel Association of Actuaries (ILAA) signed a new Mutual Recognition Agreement (MRA) on the 31 August 2021.

Joining the IFoA

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

• You have attained Fellowship or Associateship of the ILAA by completing the qualification requirements of the ILAA, 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 practise as a member of the ILAA
• In the event that there is no work experience requirement built into Associateship of the ILAA, 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 the ILAA 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 the ILAA’s disciplinary process..

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

How to apply

If you meet the criteria above, simply complete the Application for Consideration as a Fellow/ Associate of the Institute and Faculty of Actuaries for Fellows/Associates of the Israel Association of Actuaries (ILAA).

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 the ILAA

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

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