An actuary and/or other social security professional performing actuarial work for a social security institution develops and maintains the high level of professional expertise necessary to perform required actuarial work. In the case of using internal resources to perform actuarial work, the social security institution ensures that actuaries and/or other social security professionals are provided with sufficient opportunities to maintain technical knowledge, professional expertise and appropriate behaviour including the managing of potential conflicts of interest.

This guideline distinguishes an actuary with a recognized actuarial affiliation or qualification requiring the formal assessment of their skills and experience (“actuary”) from other social security professionals performing actuarial work for a social security institution.