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Change of Appointed Actuary


Requirements for Change of Appointed Actuary for Life Insurance Companies and Fraternal Benefit Societies

The documentation for an appointment needs to include the following:

  • Documentation regarding the reason for the change in appointed actuaries, as required by MN Stat. 61A.25, sub. 2a(f), and MN Rules, chapter 2711.0050, subpart 3.

  • A copy of the resolution by the company's Board of Directors, as required by MN Stat. 61A.25, sub. 2a(f).

  • Documentation stating that the appointed actuary meets all of the requirements for a "qualified actuary," as set forth in MN Rules, chapter 2711.0050, subpart 2.

Please provide the requested information electronically by emailing it to a special email box we have established for these appointments (and illustration actuary filings): insurance.actuary@state.mn.us. Additional questions may be directed to Lynn Morgan at 651-297-4288.