CAS Course on Professionalism Learning Objectives

The Course on Professionalism is designed to make students aware of the requirements of the CAS, CIA, and AAA regarding the conduct of the actuary in the performance of his or her duties.
After working through the pre-work and taking the course, the graduating student should know:

1. What the Code of Professional Conduct is and how to apply it in everyday work.

2. The importance of the applicability of the Code of Professional Conduct to members of the profession at all levels and in all areas of practice.

3. What Standards of Practice and Statements of Principles are, which are applicable to the casualty actuary, and who is responsible for promulgating them.

4. The potential consequences of violations of the Code of Professional Conduct or Standards of Practice.

5. The function of the Actuarial Standards Board and the Actuarial Board for Counseling and Discipline (ABCD).

6. How to contact the ABCD for guidance or to report possible violations.

7. The requirements for continuing professional education including the Qualification Standards for Prescribed Statements of Actuarial Opinion.