RIGHTS AND PRIVILEGES
Upon approval as a Fellow of the CAS, the applicant is subject to the same rights, privileges, and obligations as all other Members. All Members of the CAS must comply with applicable actuarial standards, and must comply with the rules of professional conduct of the CAS at all times. In the United States, applicable actuarial standards of qualification are promulgated by the American Academy of Actuaries, and applicable standards of practice are promulgated by the Actuarial Standards Board. In Canada, applicable actuarial standards of qualification and practice are promulgated by the Canadian Institute of Actuaries.
Payment of subscriptions to the Actuarial Society of South Africa must be maintained at whatever rate the specified institute deems appropriate. If accepted as an FCAS, membership dues in the CAS must be maintained for continued membership.
DECLARATION TO BE SIGNED BY APPLICANT
I hereby apply for admission as a Fellow of the Casualty Actuarial Society.
I confirm that I completed and documented a three-year period of full-time practical general insurance actuarial work experience within the six-year period immediately prior to submitting this application.
I have passed the CAS Course on Professionalism.
I give the Casualty Actuarial Society permission to contact the Actuarial Society of South Africa to obtain:
- Confirmation that I am a Fellow of that body in good standing;
- Confirmation that I have successfully completed the general insurance specialization within the education and examination system of the Actuarial Society of South Africa;
- Details of any disciplinary actions taken against me or any pending disciplinary matters.
If I am admitted to Fellowship, I agree to abide by the CAS Constitution, Bylaws and the Code of Professional Conduct. I also acknowledge that the CAS can take action based on facts and investigations conducted by other organizations when considering disciplinary actions.