The Association of Professional Reserve Analysts (APRA) was founded in 1995 by principals of the nation's leading reserve study provider companies. The purpose of APRA is to provide a common base of knowledge, standards of care and professionalism within the reserve study provider industry.
APRA’s Professional Reserve Analyst (PRA) credential is earned through a rigorous process that exceeds other organization’s requirements. APRA’s PRA members achieve this high standard by demonstrating their knowledge and adherence to APRA Standards. Before becoming a credentialed PRA, each applicant must complete a minimum of 50 site visit Reserve Studies, submit a sample Reserve Study, and possess appropriate field experience or college education. All PRAs are required to take continuing education through the APRA Institute and by attending APRA Symposiums. All PRAs adhere to APRA’s stringent ethical standards.
PRAs are required to achieve eight credits of continuing education each year. APRA Institute provides professional level reserve study education to members and others with its annual Symposium.