Professional Skills for Experienced Members
This page tells you about Stage 3 of the Institute and Faculty of Actuaries' (IFoA's) mandatory Professional Skills Training; Professional skills for Experienced Members, whether this applies to you and if so, how you can meet the requirements.
Professional Skills for Experienced Members applies to:
- Associates and Fellows (including partially regulated members);
- Students who have completed Stage 2 of the IFoA's Professional Skills Training; and
- Students who joined before 1 July 2006.
What do I need to do to meet the requirements?
Details of the requirements are specified in the Professional Skills Training Handbook.
About the Professional Skills for Experienced Members
The IFoA has developed new case study-based content which is available free to members, both online and at face-to-face events. The content is designed to bring the Actuaries' Code to life illustrating challenges which can arise in your daily personal and/or professional life. The main theme for 2013-2014 is conflicts of interest (to reinforce the new guidance from the IFoA published in July 2012) in addition to other topics. You are encouraged to read the powerpoint introduction for some background information and context to the Professional Skills Training for Experienced Members. This new video content can be accessed here.
Conflicts of interest case study package - Conflicting pressures
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| To be (transparent) or not to be (transparent) | A question of balance | |
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| All in the report |
Keeping records
If you are not required to complete CPD under the IFoA's CPD Scheme, you will need to keep a manual record of the two hours' professional skills training completed and record a learning outcome so that you can evidence that you have met the requirement if selected. You may like to use the sample template provided.
For more information and advice on the IFoA's Professional Skills Training please email professional.skills@actuaries.org.uk.