Firms that employ at least 3 qualified actuaries are encouraged to appoint a CPD Co-ordinator. The main role of the CPD Co-ordinator should be to act as a link on CPD issues between the management, individual actuaries and the human resources function within a company and with the profession. Co-ordinators aim to raise awareness of the actuarial profession's CPD requirements and to encourage and assist actuaries to undertake CPD.
Possible functions which might be undertaken by a CPD Co-ordinator
- Encourage actuaries to undertake CPD.
- Tell new actuaries about CPD and ensure that actuaries and managers are aware of the CPD requirements.
- Help actuaries to plan and record their CPD programme, encompassing needs in technical skills, business and management skills and professionalism.
- Monitor CPD undertaken.
- Organise and encourage the provision of in-house CPD meetings.
- Encourage people to present CPD events.
- Publicise CPD events (internal and external).
- Consult actuaries on CPD matters on behalf of the professional body.
- Provide feedback to the professional body on all aspects of CPD.
- Liaise with other CPD Co-ordinators and regional societies on local CPD provision.
- Provide list of local CPD Co-ordinators.
- Update the professional body with any change of CPD Co-ordinator.
- Attend regular meetings of CPD Co-ordinators to share ideas.
- Encourage actuaries to record their CPD.
These functions will vary depending on the following factors:
- Size of company.
- Type of company.
- Ethos of company in terms of general approach on training and development.
- Location of company.
- One site or multi-site.
- Numbers of actuaries.
The Faculty and Institute keep a database of CPD Co-ordinators and keep in regular contact with them. We hold meetings of CPD Co-ordinators every eighteen months to two years. In addition to this, there is the CPD Co-ordinators' Handbook that sets out the role of a CPD Co-ordinator in full and is sent to all Co-ordinators.
If there are any CPD issues you would like to discuss, or if you would like further information, please contact Maria Perry: mariap@actuaries.org.uk; tel: 01865 268 232