IAI is a statutory body established under The Actuaries Act 2006 (35 of 2006) for regulation of the profession of Actuaries in India. The provisions of the said Act have come into force from 10th day of November 2006, in terms of the notification dated 8th November 2006, issued by the Government of India in the Ministry of Finance, Department of Economic Affairs. The Head Office of the Institute is at Seawoods, Navi Mumbai.
The IAI provides a structured actuarial qualification aligned with global standards and tailored to the Indian and international markets.
Associate (AIAI) and Fellowship (FIAI)
Insurance, finance, analytics, and consulting
Progressive exams aligned with international actuarial frameworks
Accessible pathway with strong regional and global relevance
ASA
P - Probability FM - Financial Mathematics FAM - Fundamentals of Actuarial Mathematics FAM-L - Fundamentals of Actuarial Mathematics - Long-Term FAM-S - Fundamentals of Actuarial Mathematics - Short-Term ALTAM - Advanced Long-Term Actuarial Mathematics ASTAM - Advanced Short-Term Actuarial Mathematics SRM - Statistics for Risk Modeling PA - Predictive Analytics ATPA - Advanced Topics in Predictive AnalyticsACAS
P - Probability FM - Financial Mathematics MAS-I - Modern Actuarial Statistics I MAS-II - Modern Actuarial Statistics II PCPA - Property & Casualty Predictive Analytics 5 - Basic Ratemaking and Est Claim Liabilities 6 Canada - Regulation and Financial Reporting 6 US - Regulation and Financial ReportingAMASSA
A111 - Actuarial Statistics (CS1) A112 - Business Economics (CB2) A113 - Business Finance (CB1) A211 - Financial Mathematics (CM1) A212 - Risk Modelling and Survival Analysis (CS2) A213 - Contingencies (CM1) A214 - Loss Reserving and Finantial Engineering (CM2) N211 - Communications Practice (CP3)