google bot detected American Academy Of Actuaries | Insurance Glossary |

American Academy Of Actuaries

Definition of "American academy of actuaries"

Louise Tessier
  Keller Williams

Professional association that sets standards of performance for those engaged in actuarial functions. Members are entitled to use the professional designation MAAA (Member, American Academy of Actuaries). The U.S. Department of Labor and the Internal Revenue Service requires that documents filed with these governmental agencies be signed by a member of the American Academy of Actuaries attesting to the validity of actuarial calculations concerning benefits to be paid and their funding. The academy is located in Chicago, Illinois.

Related Real Estate Glossary terms

Related Real Estate FAQ