The International Association of Black Actuaries (IABA) is a nonprofit, tax exempt organization and foundation. Its members include Fellows, Associates and students of the Society of Actuaries, the Casualty Actuarial Society, the Institute and Faculty of Actuaries, and Enrolled Actuaries from the United States, Canada, Caribbean and African nations.

Members enjoy the benefits of networking, exam and actuary career support, continuing education and development, mentoring, voting rights, eligibility to hold offices and work on committees, discounts on annual meeting registration fees, and the opportunity to give back to others.