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Actuarial Association of Europe

You must meet the criteria set out in the Actuarial Association of Europe (AAE) Mutual Recognition Agreement (MRA) before applying for mutual recognition

Under the terms of the AAE MRA you must:

  • be a fully qualified member of your association
  • live and work for the majority of time in the UK and focus on UK-related work
  • have a minimum of two years' practical experience in an EU country (either your home country or the UK) before a one-year supervised adaptation period can commence.

The full terms are set out in the AAE MRA.  See also the Guidance on the MRA issued by the AAE.

If you are not currently a member of the IFoA you will need to become an affiliate member and apply for Consideration as a Fellow to begin the mutual recognition application process

You must also include with your application:

  • a recent letter from your actuarial body confirming your membership status
  • a recent letter from your current employer confirming your length of employment
  • proof of higher education (university) and professional qualifications
  • proof of attendance at a professionalism course (if attended)
  • a photocopy of your passport.

There are two routes for mutual recognition under the AAE MRA

You must choose which route you want to follow when you apply for affiliate membership and for consideration as a Fellow.

There are additional requirements for applications under the adaptation period

To apply for mutual recognition by the adaptation period you must also appoint a supervisor for your adaptation period.

Your supervisor must:

After the adaptation period is complete the Institute and Faculty of Actuaries (IFoA) will contact your supervisor to request a Certificate of Completion of Adaptation Period for EU Actuaries.

Your completed application must be sent to the Membership Team at the IFoA.  Please check the application form and ensure you have included all relevant documents.  You can send us digital copies of your signed application form and documents.

Related documents

Contact Details

If you have any questions about mutual recognition please contact or telephone:

membership@actuaries.org.uk

We aim to respond to all initial enquiries within two working days.