Just qualified
Congratulations on qualifying as an Associate or Fellow.
You can now enjoy the many benefits that come with membership of the Institute and Faculty of Actuaries. We support members throughout their careers, helping them maintain professionalism and career progression through a programme of events and courses backed by an extensive information resource.
Professional skills courses
Professional skills is a key part of your training and ongoing development.
The Professional Skills Course is stage 2 of the professional skills curriculum, and is available as a face-to-face course, or as an online option (currently for overseas members only). Dates for the courses are given on the application forms on the right.
You are required to take the Professional Skills Course within one year of qualification as a Fellow, unless you have completed this previously.
If you are eligible to apply for Associate membership you will need to complete a Professional Skills Course before an application can be made to transfer to Associate.
More information about Stage 2 Professional Skills Course.
Professional skills for experienced members
This is stage 3 of the professional skills curriculum. As a qualified actuary you agree to continue to develop and maintain your professional competence, which includes spending at least two hours a year developing your professional skills.
The Institute and Faculty of Actuaries also holds regular meetings, seminars and conferences to encourage and facilitate the exchange of technical and professional ideas. You can find out more about these activities through the website and other publications such as the British Actuarial Journal and The Actuary. In addition, our committees regularly discuss matters of concern or interest, such as professional standards, proposed legislation and technical issues.
More information about Stage 3 Professional skills for experienced members.
The Actuaries’ Code
Since the launch of the principles-based Actuaries’ Code in 2009, the Institute and Faculty of Actuaries has endeavoured to embed the principles of the Code in its education and training. As a student you will have become familiar with the Code and the standards the Institute and Faculty of Actuaries has developed concerning how we agree to behave in the conduct of our business. The Code offers comprehensive written guidance on professional conduct by our members.
Continuing professional development
Your professional qualification shows your commitment to learning and achievement. The continuing professional development (CPD) programme helps you improve your skills and knowledge and will help you get more from your career, and achieve your career goals. You can record and update your CPD progress in the secure member login area of the website.
To help you maintain your CPD, you'll find relevant reading lists in the research and resources section of our website. In our events section there are details of events and activities to develop and maintain your skills and knowledge, and to help you network and keep in touch with other actuaries. If you are professionally active, you must complete a minimum level of CPD.
Fellows and Associates who complete the Professional Skills course are able to claim 7 hours CPD (one of which can be counted towards technical CPD).
Study for the exams which were undertaken in the CPD current reporting year can also be counted as private study CPD on condition that a learning outcome is inserted.
Professional skills and development
Attending courses and events throughout your actuarial career helps you stay in touch with what professional skills mean to you and the profession. Using a variety of lectures, group discussions and case studies Professional Skills Courses alert you to some of the issues you may encounter in your professional life and help you prepare for and deal with them.
Professional Skills Courses
For more information
- Course objectives
- Application form for the Professional Skills Courses
- Timetable: programme for the course
- Further reading: useful reading for those attending the course to help set it in context
- Professional skills training handbook
- Frequently asked questions about the new structure of the courses
For more information and advice on professional skills courses e-mail: PSCstage2@actuaries.org.uk or call Cindy Checchia +44 (0)1865 268214.
Professionalism courses abroad
We organise professionalism courses primarily for our members. However, we have approved many overseas courses as equivalent to UK versions, such as those organised by the:
- Society of Actuaries
- Casualty Actuarial Society
- Society of Actuaries in Ireland
- Actuarial Society of South Africa
- Institute of Actuaries in Australia
- Canadian Institute of Actuaries
- Singapore Actuarial Society.
With increasing international membership, we aim to make it possible for more members based overseas to attend an approved course without travelling to the UK.
We also encourage overseas actuarial associations to develop and run approved equivalent courses. Those organising professionalism courses outside the UK who are interested in seeking equivalency approval should email Neil Hilary. Details of the approval process are set out in the Process for accreditation.
UK-based members should attend events organised by the Institute and Faculty of Actuaries.
Disciplinary schemes
Our disciplinary schemes consider allegations of professional misconduct made against our members. We involve non-actuaries in our discipline process and we hold disciplinary tribunals in public. Matters which have a wide effect on public interest are handled by the Financial Reporting Council.
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Watch and listen ...... ... newly qualified actuaries speak of their continued commitment to learning as their careers progress. |