You are here

Institute of Actuaries of India

The Institute and Faculty of Actuaries (IFoA) and the Institute of Actuaries of India (IAI) signed a new Mutual Recognition Agreement (MRA) on the 10 November 2021.

You can view the Mutual Recognition Agreement (MRA) between the Institute and Faculty of Actuaries and the Institute of Actuaries of India (IAI) here.

Joining the IFoA

As a Fellow of the IFoA, you will be recognised world-wide as having the qualifications, ethics, outlook and life-long support you need, empowering you to succeed at the very top of your chosen profession and to serve the public interest in the societies in which you live.

If you are Fellow of IAI and would like join the IFoA as a Fellow, you can apply for mutual recognition under our Mutual Recognition Agreement (MRA) if you meet the following criteria: 

  • You have attained Fellowship of the IAI by completing the qualification requirements of IAI (not solely in recognition of membership of another actuarial association)
  • You are entitled to practise as a member of the IAI
  • In the event that there is no work experience requirement built into Fellowship of IAI, you have completed, as at the date of your application, at least three years post-qualification practical work-based experience of actuarial practice
  • You have undertaken a professionalism course as prescribed by IAI ; and
  • You authorise in writing the IAI to release relevant records to the IFoA concerning any adverse disciplinary determination, finding, sanction and/or penalty, to which you been subject, in accordance with the IAI’s disciplinary process.

You can find the full terms set out in the IAI Mutual Recognition Agreement (MRA).

How to apply

If you meet the criteria above, simply complete the Application for Consideration as a Fellow of the Institute and Faculty of Actuaries for Fellows of the Institute of Actuaries of India (IAI).

Please send your completed application to our Member Services Team.

Please check the application form and ensure you have included all documents.  You can send us digital copies of your signed application form and documents.

If you have any questions about your application, please contact our Member Services team, who will be happy to help you. 

You can also find answers to commonly asked questions on our IAI mutual recognition FAQ page.  

If you would like to find out more about the benefits of mutual recognition or speak to our India team you can contact us here

Joining the IAI

We’re here to support you on your career journey, wherever in the world it takes you.

If you are a Fellow of the IFoA and would like to join the IAI as a Fellow, you can find out how on the IAI website.

Related documents

Contact Details

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

+44 131 240 1325

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

Filter or search events

Start date
E.g., 17/01/2022
End date
E.g., 17/01/2022

Events calendar

  • Spaces available

    With the Pension Schemes Act 2021 requiring a long term strategy from Trustees and sponsors, choosing a pensions endgame strategy has become even more critical. However, it is important that the endgame options available are adequately assessed before choosing one. With an ever-increasing array of creative and innovative options available, this decision may not be straightforward.

  • Spaces available

    Over recent months there has been a sharp rise in M&A activity involving British businesses, with interest from overseas, domestic buyers and Private Equity investors.  

  • Spaces available

    Frank Redington is recognised as one of the most influential actuaries of all time. In this talk, Craig will review some of Redington's most important ideas. He will identify the consistent actuarial principles that form a common thread across the contributions Redington made to a broad range of actuarial fields, and will highlight the ongoing relevance of Redington's thinking to 21st century actuarial practice.

  • Spaces available

    What will happen to DC pension savers who see life annuities as poor VFM but still want an income for life?  Pooled annuity funds could offer them a decent lifetime income while reducing significantly the complex choices and risk inherent in income drawdown.  They could be the next generation of CDC pension schemes, slotting into the existing DC framework as a post-retirement option.