Actuarial Society Of India Eligibility. Introduction institute of actuaries of india (iai) was established in 2006 under the actuaries act 2006 which regulates the profession actuarial common entrance test (acet) 2022: That is 12 papers in total and with 1 year of min work experience you are eligible to become an associate member of the iai.

Before enrolling as a student member, the candidate has to pass an entrance examination conducted by the actuarial society of india. The actuarial science course fees is ranging from inr 2,000 to inr 1,80,000. Professionalism (a) requirements for professional competence;