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Assessor

Following the successful introduction of the UK Government Apprenticeship Scheme, which offers an apprenticeship levy to employers to support their employees through their learning journey. The IFoA, in support of this new route to qualification have become an End-point Assessment Organisation (EPAO), and will be responsible for administering the assessments.

Candidates who apply for the Apprenticeship will still be expected to apply to the IFoA for membership in the traditional way, and will need to gain a pass or an exemption in all 10 of the CB, CM, CS and CP exams, as well as completing the person development and professional skills requirements.

Once a candidate has accomplished the above they will be required to pass both a case study and interview based assessments in order to achieve the certificate.

End-point Assessment: A Case Study that demonstrates the candidates experience and capability to deliver the core functions of the role, which will include multiple elements of knowledge, skills and behaviours, as set out in the standard.

A portfolio-based Interview, assesses the candidates understanding and aptitude of applying the skills, knowledge and behaviours developed throughout the apprenticeship journey, focusing particularly on the remaining areas of the standard not evidenced by the Case Study.

Apprenticeship level 7 (Actuary) – Assessors (paid role)

What we are looking for

In preparation of the IFoA carrying out these assessments we are seeking:

Assessors

  • Review the portfolio submission prior to the interview stage 
  • To carry out the interviews – interview preparation is part of this role

Initially our priority is to create examples from the following practice areas:

  • General Insurance
  • Pensions

We encourage applications from a diverse range of potential candidates, in terms of, but not exclusively gender, age, disability and ethnicity, as well as reflecting the geographical spread and practice areas of our membership.

Task Specification

Assessors – this role will be key in reviewing the quality of the submissions, to ensure they contain at least one piece of evidence for each of the twelve Knowledge Skills and Behaviours, and assigning a score according to the grading structure outlined in the assessment methods. 

The Assessor will prepare and carry out the interview based assessment, using questions from the question bank for consistency across assessments, along with creating follow-up questions which directly relate to the portfolio to ensure complete coverage, with the responsibility of highlighting any incomplete submissions.

The Assessor will also be required to compile a feedback report, following the review of the assessment submission to represent their findings and determine whether the candidate has passed the end point assessments.

Remuneration

The appointment is a nominally paid self-employed contractor role. The fee (gross) is payable per annum, plus out of pocket expenses in accordance with the IFoA’s Volunteer Expenses Policy. The fee will be discussed with any candidate taken forward to interview.

Person Specification

Essential

  • Be suitably qualified to degree level or relevant experience  
  • Have proven writing skills
  • Excellent listening skills
  • In depth and up to date knowledge of their specialist practice area(s)
  • Ability to work independently while meeting deadlines
  • Strong and effective communication skills
  • Recognise the need to respect cultural and language differences

Desirable

  • An understanding of the UK Government Apprenticeship Scheme
  • An appreciation of the challenges professional bodies face
  • Experience in recruitment and interviewing

This is a remunerated role and a fee will be paid

Mutually agreed services will be outlined in a ‘Schedule of services’ which will be provided to you on successful appointment. On successful completion of the services, you will be required to submit an invoice to the IFoA. The IFoA will provide you with a template invoice to use, and this invoice will be processed by a member of the IFoA’s Education Services team. If you wish to view the ‘Schedule of services’ and the applicable terms and conditions, prior to expressing interest in this role, please contact the Quality team. Please note that this role is classified as a ‘Self-Employed Contractor’.

Please also note that every individual who supports the IFoA, be that as a volunteer (member or non-member), or in any other role, including as a self-employed contactor, works in partnership with the IFoA Executive staff to deliver our strategy and Royal Charter, in line with our values.

We are extremely grateful to all who form part of this delivery team, collectively known as our volunteers and as such you will have access to volunteer resources, updates and communications in general. We hope that you find this helpful and valuable to you when delivering your role.

 

July 2020

Filter or search events

Start date
E.g., 28/09/2020
End date
E.g., 28/09/2020

Events calendar

  • Autumn Lecture 2020: Professor Elroy Dimson

    Online webinar
    14 October 2020

    Spaces available

    Many individuals and institutions have a long-term focus, and invest funds for the benefit of future generations. Their strategy should reflect their long horizon. University endowments are one of the oldest classes of institutional investor, and I will present the first study of the management of these endowments over the very long term.

  • GIRO Conference 2020 Webinar Series

    Available to watch globally in November.
    02-13 November 2020
    Spaces available

    This year's GIRO has been re-designed as a virtual conference to offer members and non-members the opportunity to get up to date content from leading experts in the general insurance field via online webinars. All sessions will be recorded and made available to purchase and re-watch post-event on the IFoA's GI Online Learning Resource area.

  • Life Conference 2020 Webinar Series

    Online
    16 November 2020 - 27 November 2020

    Spaces available

    This year's Life Conference has been re-designed as a virtual conference to offer members and non-members the opportunity to get up to date content from leading experts in the life insurance field via online webinars. All sessions will be recorded and made available to purchase and re-watch post-event on the IFoA's website.

  • Spaces available

    Cash-flow driven investing is a game-changer for DB pension funds navigating their end-game. Suitable for sponsors who want to reduce risks on their balance sheets. And for trustees, it shifts the focus to providing greater certainty of returns, managing funding level volatility and ensuring they have enough income to pay cash-flow requirements.

  • Spaces available

    The talk will provide an understanding of the priorities and relationships between deficit reduction contributions, in the context of wider scheme funding, and different types of value outflow from the employer based on the working party’s recently published report.