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It was his vision for a college-level professional education program for insurance agents that led to the creation of The American College. [2] Today the college offers professional training to all types of financial practitioners. When the institution began, programs focused exclusively on providing education to life insurance professionals.
Most trainee actuaries study while working for an actuarial employer using resources provided by ActEd (The Actuarial Education Company, a subsidiary of BPP Actuarial Education Ltd.), which is contracted to provide actuarial tuition for students on behalf of Institute and Faculty Education Ltd (IFE), a subsidiary of the Institute and Faculty of ...
The Academy is often asked by the National Association of Insurance Commissioners (NAIC) to provide input on actuarial issues, and has provided the NAIC with a number of reports and statements. [8] On occasion, the Academy has submitted amicus briefs on court cases that are of interest to the actuarial profession. [ 9 ]
American Academy would “compete directly” with four-year universities. It would award students with the “equivalent of a bachelor’s degree.” “This will be a revolution in higher ...
The formation of the American Institute of Actuaries, which (like the Actuarial Society of America) was geared toward actuaries in the field of life insurance, was followed within the decade by the creation of two other specialized actuarial organizations: the Casualty Actuarial Society, which still exists today, and the Fraternal Actuarial ...
The AAPC was founded in 1988, [6] as the American Academy of Professional Coders, with the aim of providing education and certification to coders working in physician-based settings. These settings include group practices and specialty centers (i.e. non-hospital settings).