The Institute and Faculty of Actuaries has a range of paid opportunities that both members and non-members can get involved in. These opportunities ensure that our examinations and education partnerships can be delivered so we continue to ensure the qualification experience with the IFoA remains sector leading. We will accept expressions of interest for any role throughout the year, however, we will still advertise specific roles when they become available.
We have opportunities for individuals starting out in their actuarial career, such as testing and providing feedback on exam papers; to more senior roles such as a Chief Examiner, who oversees the subject team and development of exam related materials or a partnership role such as Independent Examiner who ensures the quality of our partnership with universities meet the IFoA examination standards.
You do not need to reside in the UK or be a UK permanent resident to apply or register your future interest for our paid educational opportunities, we welcome applications from around the globe.
Experience of an IFoA Guinea Pig 1:
Once involved I was surprised at how important the role was to the exams process. I had expected the exam paper to be very nearly complete by the time it came to the guinea pigs and the role would involve giving it a “once over”. I was pleasantly surprised to find that my role was far more involved than this. It required me to fully interrogate the paper checking that it was fit for purpose and that the questions were clear and unambiguous.
Kyle West, Guinea Pig 1
Each session, the IFoA uses in the region of 120 newly qualified individuals to review the proposed examination papers and associated marking schemes and identify any issues with cultural and language differences; we refer to this role as Guinea Pig. Individuals who apply need to have sat and passed their last exam no longer than 2 years ago. Applicants should have sound knowledge of the chosen subject and excellent time management skills and attention to detail. We will accept expressions of interest throughout the year and make contact when recruiting for these positions, usually August/September annually.
Each session, the IFoA requires approximately 300 markers to support the delivery and marking of the examinations. Individuals should be suitably qualified in the subject matter of their preferred exam to mark. We will accept expressions of interest throughout the year and make contact once a suitable role becomes available.
Examiners play a vital role in shaping the IFoA examinations. These roles specific to an examination subject and individuals would be required to be experts in the area of testing. The Examiner position tenure is usually for a period of three years. We will accept expressions of interest however, these vacancies will be advertised when a position is required as they are not available as often.
The Chief Examiner supports the delivery of the exams and plays a pivotal role in shaping the exams. The Chief Examiner provides overall leadership of the examination team. Individuals should be effective team leaders with sector experience of the subject matter. The Chief Examiner position tenure is usually for a period of three to four years. We will accept expressions of interest however, these vacancies will be advertised when a position is required as they are not available as often.
The Module Lead is a senior appointment and applicants must be able to show interest in education at post graduate level and an understanding of the IFoA’s curriculum, assessment processes and procedures. The tenure for this position is usually for three years and the expected annual time commitment is 100 hours. We will accept expressions of interest however, these vacancies will be advertised when a position is required as they are not available as often.
Independent Examiners review and comment on draft exam papers and programme materials for those Universities where the IFoA have an Accredited programme. The tenure for this position is three years. We will accept expressions of interest throughout the year and make contact when recruiting for these positions.
From time to time the IFoA has specialist positions for Examiner and Supervisor roles for the SA0 exam. These positions are advertised when available and are suited to those who have experience in examining at PHD level.
Please view the CERA paid opportunities for further information.
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The IFoA’s Actuarial Review Team has published its first thematic review, which looked at the actuarial advice given by scheme actuaries to UK pension scheme trustees on setting transfer values and commutation rates.
IFoA Immediate Past President John Taylor would like to invite you to the Institute and Faculty of Actuaries’ (IFoA) virtual India Town Hall 2021, hosted by John Taylor with IFoA Council Member Mahidhara Davangere and IFoA Chief Executive, Stephen Mann.
What are the options for the world economy looking ahead?
In this Thought Leadership Lecture, Economist, Vicky Pryce, will be discussing world economic trends, including the differences in geographical performance and how output is recovering and where.
Trust and Leadership for Actuaries
Led by Dr. Jim Baxter, University of Leeds, this webinar introduces some key ideas in the ethics of trust, with a particular focus on those in, or on the path to, leadership roles. Dr Baxter is joined by a panel of experienced leaders who will give their personal perspectives on how they understand the value of trust and how they seek to promote and inspire trust, drawing on their experiences of leadership. The panel includes:
In this webinar, we have two presentations showing the latest research on the implications for life and health insurers of two key issues: genomics and pandemic risk.
Dr Peter Joshi and Paul Timmers will share their research on how well-established underwriting processes can allow for genomics in predicting expected mortality and morbidity. They will then discuss the potential for stratified screening and personalised medicine to improve health and reduce claim costs.
As the world’s attention begins to turn to COP26 later this year in Glasgow, Sarah Gordon (Chief Executive, Impact Investing Institute) will share her vision for how the financial services industry can deliver for people and the planet, as well as how to encourage more investment with the intention to generate positive, measurable social and environmental impact alongside a financial return.
IFoA Immediate Past President John Taylor would like to invite you to the Institute and Faculty of Actuaries’ (IFoA) virtual SSA Town Hall 2021, hosted by John Taylor with IFoA Council Members Mukami Njeru, Prosper Matiashe and IFoA Chief Executive, Stephen Mann.
IFoA Immediate Past President John Taylor would like to invite you to the Institute and Faculty of Actuaries’ (IFoA) virtual MENAP Town Hall 2021, hosted by John Taylor and IFoA Chief Executive, Stephen Mann.