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In actuarial societies, a member typically refers to an individual who has completed the necessary examinations and requirements to be recognized as a qualified actuary. An associate is a designation for actuaries who have achieved a certain level of professional expertise, often by passing additional exams or fulfilling specific criteria, but have not yet reached the highest level of qualification. A fellow represents the highest level of membership, signifying extensive experience and knowledge, often requiring a rigorous examination process and contributions to the profession. Each designation reflects a different level of achievement and expertise within the actuarial field.

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