• PRA Designation Application

    Thank you for your interest in becoming a PRA!
  • I. Personal Information

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  • II. Qualification Requirements

  • RESERVE STUDY EXPERIENCE

  • PROFESSIONAL EXPERIENCE AND EDUCATION

  • III. Completed Projects

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  • IV. Background Information

  • V. Client References

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  • VI. Case Study

  • All applicants for the Professional Reserve Analyst (PRA) designation are required to submit a sample Reserve Study from a project completed within the last year. It should include both a component analysis and funding plan and should demonstrate that minimum report requirements and disclosures have been met.

    The Reserve Study Contents Checklist is viewable in the pane below. Please use the arrow icon to download a copy of it, fill it out, and submit it alongside your Sample Study.

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  • VII. Certification

  • This application will be reviewed and you will be notified of the board’s decision. Applicants that are denied will be provided the reason(s) for denial. The applicant will be allowed to reapply for Professional Reserve Analyst (PRA) designation when the reasons for denial have been satisfied.

  • VIII. Application Fee

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    PRA Designation


    PRA Designation is by individual. Application for a PRA designation is $175 of which $50 is a non-refundable application fee and $125* is the first year’s fee. Individuals must be employees of or under exclusive contract to a member firm, and must complete annual continuing education requirements and pay $125 annual renewal fee in order to maintain designation.


    Membership and PRA Designation are considered lapsed if payment is not received by March 1st. To reinstate membership and PRA Designation requires payment at the first-year rate.

  • IX. ETHICS AGREEMENT

  • I agree:


    • To encourage employees and colleagues to act in the best interest of the CID clients whom they represent and serve.


    • To encourage employees and colleagues to enrich their capacity to serve their clients by joining APRA and participating in its educational and other events.


    • To never intentionally misrepresent APRA, its members, or its activities.


    • To never use my role in an APRA event or committee to solicit a client or contract.


    • To pursue my profession and serve my clients according to the highest standards of my industry.


    • To maintain a current and competent command of my industry’s skills and knowledge to serve my clients.


    • To cooperate fully with colleagues in my related profession in the orderly transition of clients.


    • To never betray the trust or confidentiality of my clients and fellow professionals.


    • To not represent myself to the industry as being a Professional Reserve Analyst (PRA) designee until I have received written confirmation of my designation from the APRA board.


    • That the APRA board may censure, suspend, revoke or otherwise terminate my application or designation if awarded and may disclose its actions to the general public.


    • To pay all appropriate renewal fees as mandated by APRA forfeit my PRA designation if awarded.


    • To waive and forever release all claims, demands and causes of action that I may have now or in the future against the APRA board in awarding, failing to award or in censuring, suspending or revoking the Professional Reserve Analyst (PRA) designation.

  • X. Application Fee

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