CAS - Continuing Education
The Qualification Standards
The Qualification Standards include a description of what is considered relevant continuing education. They also state that ultimately, it is an actuarys responsibility to make a reasonable, good-faith determination of what CE opportunities will enhance his or her ability to practice in a desired field. You may visit the AAA website to review the current Qualification Standards, http://www.actuary.org/qualstandards/.
What is an Organized Activity?
Continuing education can be obtained through either organized activities that involve interaction with actuaries or other professionals working for different organizations or other activities. Organized activities include, but are not limited to, conferences, seminars, webcasts, in-person or online courses, or committee work that is directly relevant to the area of practice of the subject of the Statement of Actuarial Opinion. In-house meetings can satisfy the requirement of interaction with actuaries or professionals working for different organizations by using outside speakers.
What is an Other Activity?
Other activities include, but are not limited to, reading actuarial literature, statutes, or regulations; reading other books, papers, or articles on relevant technical or professional topics; writing professional papers or articles; listening to tapes of actuarial meetings or other relevant seminars or conferences; relevant in-house meetings; studying for actuarial exams; drafting actuarial exam questions; or preparing to speak or lead a discussion at a continuing education activity.
How is Continuing Education Calculated?
Participants should claim credit commensurate with the extent of their participation in the activity. CAS members earn 1 CE Credit per 50 minutes of educational session time. It is an actuarys responsibility to make a reasonable, good-faith determination of what CE opportunities will enhance his or her ability to practice in a desired field.