As requested by the NAIC Executive (EX) Committee, NAIC staff began an Educational Standards and Assessment Project in March 2018. With assistance from numerous volunteer credentialed actuaries, the NAIC expanded the Appointed Actuary knowledge statements (identified during the NAIC's 2017 Job Analysis Project) to include educational standards and assessment guidance.
While the knowledge statements provide the breadth of knowledge needed for a U.S. P/C Appointed Actuary, the draft educational standards and assessment guidance explain the minimum depth of knowledge needed in basic education for a U.S. P/C Appointed Actuary. The educational standards are described using three learning level categories (from lowest to highest): Recognize/Understand, Apply/Analyze, and Synthesize/Create.
The Educational Standards and Assessment are exposed for a 30-day comment period ending Friday, Oct. 12. Please send comments to Kris DeFrain, Director of Research and Actuarial Services, at firstname.lastname@example.org.