Certified Actuarial Analyst

The Certified Actuarial Analyst is a new qualification and membership category from the Institute and Faculty of Actuaries (IFoA), providing an internationally recognised professional qualification, proven technical and professional skills and a gateway to a career in financial services.

The qualification takes two to three years to complete and you can study and sit exams around the world while continuing to work full time.

Once you have qualified as a Certified Actuarial Analyst, you will be equipped with key analytical skills that will enable you to advance your career.

To find out more about the CAA career path see the My career as a Certified Actuarial Analyst page. 

CAA is a separate qualification to Fellowship

It designed to equip you with a diverse set of technical skills, and prepare you for a different career path, than that of the Fellowship route. For this reason the CAA and Fellowship qualifications cannot be pursued at the same time.  It is important to review both pathways and choose the qualification which is most relevant to your situation and ambitions.

The nature of the credential means it has broad applicability. It could be applicable to:

  • Professionals working alongside actuaries in areas such as data analysis, pricing and marketing.
  • Those in wider financial services, perhaps already holding other qualifications, seeking to develop a differentiated skill set that will mark them out in a competitive environment.
  • Employees in service centre environments where the analytical skills learned can be added to business knowledge.

You can read more about the types of candidates to whom the CAA qualification may be applicable in our CAA personas document.

The qualification will deliver a number of benefits to employers who take on Certified Actuarial Analysts as well as for those taking the qualification.

For employers, the qualification professionalises technical and analytical roles; provides assurance to clients; aids staff retention and boosts morale; and helps employers to attract the best employees.

You can find out more about how the CAA will benefit your organisation or team by contacting Robert Jelly, Head of Learning and Assessment.

For candidates, the qualification provides membership of a prestigious body; a globally recognised qualification; member benefits such as networking opportunities; opens up a wide range of financial career options; and sets Certified Actuarial Analysts apart in a competitive job market.

You can find out more about the CAA career path on the My career as a Certified Actuarial Analyst page.

In the public interest, the qualification assures public confidence by bringing those in support roles into a regulatory framework; promotes actuarial science and capacity building; and helps to publicise actuaries as well as the value they add to society.

You can find out more about how the CAA assures public confidence by reading the Regulation, compliance and CPD page.