Practising Certificates

Practising certificates

A Practising Certificate is set up to certify that an actuary meets certain requirements to practice in a specific area in a South African context, with specific reference to requirements for statutory purposes. These certificates are required for:

  • The statutory actuary of long-term insurers
  • The valuator of retirement funds (defined benefit and defined contribution)
  • Members for tribunal in terms of section 15K of the Pension Funds Act
  • Valuators of friendly societies
  • Healthcare actuaries
  • The statutory actuary of short-term insurers

Practising Certificates will only be issued (or renewed) for applicants who are employed by Registered Service Providers (RSP), or if they themselves have been registered as such. Important general notes on the requirements for Practising Certificates:

           For Standards of Practise (SAP’s and APN’s) click HERE