Membership admissions and subscriptions

Membership data maintenance and having the correct information on all our members are vital to ensure quality service. Send your electronic applications to memberservices@actuarialsociety.org.za

Students Member applications

For you to enter for examinations or apply for exemptions you first need to apply for student membership of the Actuarial Society of South Africa.

Read the following document carefully to apply for student membership

Student member applications must be completed online members site

Members declaration on application:

  • I am a lawful person of good standing both professionally and personally
  • I am familiar with and comply with the professional code of conduct
  • I accept the privacy policy provisions that governs information flows

ASSA reserves the right to call for original documentation.

Library membership

Library membership of the Actuarial Society is available to individuals who have an interest in actuarial science but are not eligible for membership in another type.

This is suitable for individuals who do not meet the requirements for student membership. This allows individuals who are not sure whether they want to qualify as actuaries to become familiar with the organization and the actuarial profession.

Library members receive all student and general e-mail communication sent by the Actuarial Society including job adverts.

Apply for free library membership by emailing the completed ASSA library membership form to: memberservices@actuarialsociety.org.za

Member subscriptions and administration

Member subscriptions are due in advance annually during the first quarter of the calendar year.

Renewals

You can renew your membership via your online member profile

A renewal notice will be sent to all members annually by December highlighting the online process and the timelines that will apply. Note that students writing exams in South Africa need only apply for membership and register with one professional body with ASSA being the local professional body.

Terminations

Should you wish to terminate your membership, you may do so by opting to terminate when prompted to renew via your online member profile.

Transfer membership / membership type

  1. Transfers between membership types upon qualifying as an Associate or FellowExisting Actuarial Society members who want to have their membership type altered, for example upon qualifying as an Associate or a Fellow, should complete the Transfer of Membership application form and return it to the Actuarial Society.
  2. Applications for Fellow or Associate membership of the Actuarial Society in terms of a Mutual Recognition Agreement Members who are, or qualify as, Fellow/Associate members of IAA Associations with which the Actuarial Society has a Mutual Agreement (MRA) , may apply to be admitted as Fellow/Associate members of the Actuarial Society by applying for such admission in terms of the relevant MRA.

To apply, complete the Member transfer from other organisations form and return it to the Actuarial Society.

Membership fees

Membership fees are due annually in advance and will be applied on a monthly pro rata basis for members who join or whose membership category changes during the year.

Reinstatements

If membership lapsed due to non-payment of subscriptions and the member applies for reinstatement, all arrears subscriptions plus a reinstatement fee equal to the subscription for the previous year is payable.