The eagle-eyed among you will have noticed that the president of the American Academy of Actuaries, Tom Terry, led last month's Contingencies magazine (www.contingencies.org) with the news that the IFoA is launching the Certified Actuarial Analyst (CAA) qualification this year; the headline - 'Keeping up with the Brits'.
We see the CAA as an internationally recognised qualification that applies actuarial science to technical roles, professionalising and regulating individuals. In so doing, the qualification benefits the career of the individual, the reputation of employers and - by improving professional standards - also benefits the public at large. So it was nice to note that Tom sees this too. In his own words: "So, my thanks to our good friends in the UK. Your new initiative will resonate with many here in the United States. It does with me."