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.
Filter or search events
The Institute for Financial and Actuarial Mathematics (IFAM) at the University of Liverpool is pleased to host the 2019 Actuarial Teachers’ and Researchers’ Conference from 27-28 June 2019. This annual two-day event has been running annually now for many years, each time hosted by a different university, and provides all those interested in actuarial research and education a great opportunity to share their ideas and catch up on the latest developments.
The Institute and Faculty of Actuaries (IFoA) and Actuarial Society of Malaysia (ASM) are organising a joint Professional Skills Training (PST) in Kuala Lumpur. This session is suitable for actuaries working in any area (i.e. it is not specifically aimed at Life, GI or any other technical discipline) and is interactive, so you should come along prepared to take part in the discussions.
Presented by Louise Pryor
Air pollution has gained increasing attention lately. Nicola Oliver, head of longevity and mortality research for Medical Intelligence, will discuss not only the impacts of air pollution on health and life expectancy but also how as an industry we should be addressing it.
The actuarial profession has much to offer the world of banking. In this webinar actuaries with experience in various fields of banking will talk about the opportunities there are in banking; describing the actuarial aspects of the work they do as well as other roles within their area of banking.
Towards the end of June, the International Accounting Standards Board (IASB) is expected to publish an Exposure Draft (ED) of limited changes to its insurance contracts standard IFRS 17, effective date 2022. To help IFoA members, the IFoA’s cross-practice Financial Reporting Group (FRG) is hosting an event at Staple Inn covering these developments.
For more information on the FRG please visit this webpage.
Presenter: Rahul Verma
Presenter Matt Modisett
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
For life insurers in the UK, the risk margin is one of the most controversial aspects of the Solvency II regime. Following its implementation, the risk margin came under considerable criticism for being too large and too sensitive to interest rate movements. These criticisms are particularly valid for annuity business – such business is of great significance to the national system for retirement provision. This criticism has led to political interest, and the risk margin was a major element of the Treasury Committee inquiry into Solvency II.
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
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.