The Certified Actuarial Analyst (CAA) is an international professional qualification offered by CAA Global to qualify those who excel in technical and analytical skills as trained analysts, giving financial institutions qualified professionals to fill key roles
The CAA qualification equips professionals with financial business, analytical and modelling skills. The qualification ensures that those working in technical roles within the insurance and financial services industries have the required skills and methodologies to allow businesses to provide assurance to regulators, stakeholders and the public at large.
What is CAA Global?
CAA Global is a joint venture of the Institute and Faculty of Actuaries (IFoA), based in the United Kingdom, and the Society of Actuaries (SOA), based in the United States. Formed to offer the Certified Actuarial Analyst (CAA) qualification around the world, CAA Global educates sharp minds to meet the growing need for professional analysts, particularly in financial services.
Why take the CAA?
The CAA is a gateway into the financial services and many other industries
Here are some appropriate roles:
- Actuarial Analyst
- Data Scientist
- Predictive Analyst
- Climate Analyst
- Policy Analyst
- Data Modeller
- Customer Analyst Modelling
- Unstructured Data Analyst
Why the CAA?
- No previous qualifications or experience required - you just need to be good at maths and love problem solving.
- Many industries - CAA is a gateway to a career in financial services, and many other industries.
- Online study materials - study where and when it suits you.
- Worldwide exam centres - over 1,500 exam centres in over 170 countries.
- In the public interest - As part of the Royal Charter members of the IFoA must act in the public interest.
- Fully qualify as an actuary - If you decide that you would like to become a fully qualified actuary you can.
The nature of the CAA means it has broad appeal. It will be relevant to:
- professionals working in actuarial teams in actuarial, data, pricing and marketing roles
- financial services professionals, perhaps already holding other qualifications
- those seeking to develop a differentiated skill set that will mark them out in a competitive environment
- school leavers with strong maths skills who want to start their career and learn on the job without having to undertake a degree.
- degree level candidates who are interested in actuarial work.
Once you've passed all the exams and met the requirements, you will qualify as a Certified Actuarial Analyst
As a Certified Actuarial Analyst you can use the designation CAA after your name and you will be required to join an accredited association.
Currently there are two accredited bodies - ourselves and the SOA - but over time this will change as other actuarial associations join CAA Global.
You can find out more about what happens after you qualify on the CAA Global website.
How can I find out more?
Visit CAA Global to learn more about qualification and to understand how to register and take the exams and find all other information about the CAA qualification.
Andy Northey talks about transferring from the Fellowship pathway to the Certified Actuarial Analyst career route.
Another great case study from a very inspirational actuarial apprentice sitting the CAA exams.
Actuarial apprenticeship, Dominic Cordara, talks about studying for the CAA whilst working for a large firm of consulting actuaries.
Ewa Burdon, one of the first to pass the Certified Actuarial Analyst exams, talks about her CAA journey.
Halima Michelle Sadiq
Halima Michelle Sadiq, Risk Application Manager at Zurich Insurance, talks about her journey from IT to CAA.
CAA Sarah Bamford passed all her exams first time with no exemptions, in just under two years!
Actuarial apprentice, Zeenat Chady, talks about the advantages of earning while learning.
You can contact the Careers team at:
Institute and Faculty of Actuaries, 7th Floor Holborn Gate, 326-330 High Holborn, London WC1V 7PP
We aim to respond to all enquiries within five working days.
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Presenter Matt Modisett
In collaboration with the Institute and Faculty of Actuaries, the Principles of Responsible Investment is delighted to host this webinar discussing the response to the TCFD’s recommendations two years on from their publication. The webinar will feature new analysis of the 591 investors representing $45 trillion who responded to PRI’s 2019 climate indicators, insights from the past Chair of the IFoA’s Resource and Environment Board as well as an investor case study of implementation in practice from Aviva.
An introductory session to help you get ahead with climate change.
- Science, terminology and initiatives: handy facts to keep in your back pocket
- Getting your point across: how to influence people and avoid common traps and pitfalls
- Taking action: what are actuaries expected to do...and what are we actually doing?
This KSS talk, presented by the FCA Head of Department in Scotland, will focus on the following 3 main areas:
- FCA business plan priorities
- The future of regulation
- FCA Engagement in Scotland
Friday, 6 September, Beijing Local Time (CST) 14.00-16.30; British Summer Time (BST) 07.00-9.30
The IFoA Beijing Office and China Life are pleased to be co-hosting a Professional Skills Training (PST) session in Beijing, Shanghai and Shenzhen on Friday, 6 September. Wen Li (FIA), the IFoA Lead Representative in China and East Asia, will lead the PST presentation and discussion on ‘Getting it right!’.
The main venue will be in Beijing. Members in Shanghai and Shenzhen can join the interaction with Beijing via video conference at China Life’s regional venues. (see full details below)
This event is now fully booked. Please click here to register for the wait list.
The actuarial profession has much to offer the world of banking. In this second webinar on opportunities for actuaries in banking we have two actuaries sharing their experience
GIRO is attended annually by over 800 delegates and speakers who are keen to discuss key topics such as Pricing, Reserving, Modelling and the future of the insurance industry. GIRO 2018 was a huge success and we have opened bookings early for what we hope will be another brilliant conference at the EICC in Edinburgh this year.
Presenter Jon Spain
This workshop, now in its sixth year, is aimed at senior actuaries working in life insurance - predominantly Chief Actuaries, but also Reviewing Actuaries and others working in risk and financial reporting. It will provide seven hours of relevant CPD.
Three actuaries – and CEOs – discuss their views on how the business world is changing and what that might mean for actuaries in the future.
Have you ever thought about working in wider fields? Would you like to play a role in the fight against climate change to make the planet better?
It can be difficult to do this - but seeing an example you can follow can make it more realistic. In this ‘green’ case study a template is outlined to show how actuaries can apply their skills more broadly - and in doing so, to make a difference.
The Institute and Faculty of Actuaries and the Royal Statistical Society have worked together to develop joint ethics guidance on data science. This is the culmination of an 18 month programme of practitioner led work.
Join us for the launch of this new guidance, with a high-level panel discussion which will explore the role of data science practitioners and professional bodies in data ethics.
The Institute and Faculty of Actuaries is running a sessional meeting on autonomous vehicles on 28th October. The session will showcase the work of the IFoA “Autonomous Vehicles” working party alongside a number of expert external presenters.
ARC Event: Beyond Proportional Hazards: Statistical methods for assessment of the impact of medical advances and health interventions on longevity and population projections.
This workshop is being delivered by the Actuarial Research Centre’s (ARC) ‘Big Health and Actuarial Data’ Research Programme.
This evening will feature two new cases studies that highlight the implications for insurers of issues impacting on health and mortality for life, pensions, and health and care products; Impactability modelling: a worked example in Type II diabetes presented by Josephine Robertson, and Seasonal Mortality in England and Wales 1993-2016 presented by Mary Hall, Dublin City University.
Join us for this brand new seminar that brings together our Current Issues in Pensions, Pensions and the Law, and Investment for Pension Actuaries events. The seminar builds on the IFoA’s Annual Pension Conference with sessions covering CDC, TPR’s code of practice, investments, legal updates and Professional Skills Training with a focus on interactive discussion throughout.
The National Records of Scotland (NRS) collects, preserves and produces information about Scotland's people and history to inform current and future generations - work that underpins the fabric of Scottish society and tells the story of our nation. This KSS talk will explore the following and other areas impacting Scotland’s changing population, and assess the potential implications of the changes:
- population statistics
- life expectancy
- changes in age structure
- birth and death rates, including causes of death statistics.
The Life Conference is the premier event for professionals interested in life insurance. Offering a wide range of workshops and plenary sessions it’s the perfect opportunity to discover what’s hot and current in life insurance ensuring you get up to date on the latest thinking and innovation whilst meeting and exchanging ideas with a broad range of professionals.
The IFoA is pleased to announce that this year’s Autumn Lecture will feature the Rt Hon Nicky Morgan MP as its guest speaker. Nicky has previously served as Financial Secretary to the Treasury and Minister for Women. She now chairs the Treasury Select Committee whose remit is to examine the expenditure, administration and policy of HM Treasury, along with all of its agencies and associated bodies.
Watch the live stream of this year's Autumn Lecture with guest speaker Rt Hon Nicky Morgan MP.
We are delighted to announce the launch of the findings from our ARC funded Behavioural Finance research with a special evening event at Staple Inn on Tuesday14th January 2020. Entitled Behavioural Aspects of Institutional Investment Decision-Making, this research programme is being delivered by City, University of London, Leeds University Business School and Ipsos.