You are here

Educational opportunities (paid)

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:

Kyle WestOnce 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 

Paid positions


Guinea Pig 

Apply now or register your interest

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.


Markers 

Apply now or register your interest

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.


Examiner

Apply now or register your interest

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.


Chief Examiner

Apply now or register your interest

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.


Module Lead

Apply now or register your interest

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 Examiner

Apply now or register your interest

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.


Specialist 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.

Apply now or register your interest

CERA Positions

Please view the CERA paid opportunities for further information.

 

Filter or search events

Start date
E.g., 15/07/2020
End date
E.g., 15/07/2020

Events calendar

  • Current Issues in Life Assurance (CILA) Webinar series

    Webinar Series
    15 July 2020 - 3 August 2020

    Spaces available

    CILA is one of the pre-eminent events in the annual 'Life' calendar. Due to COVID-19 we are running the programme as a series of webinars covering topics aimed at practicing life actuaries from life offices, consulting firms and other employers of actuaries and those who work in or advise on, the life assurance market in the UK and Europe.

  • Spaces available

    Current Issues in Life Assurance - For annuity writers, a key challenge is the need to fund capital-consumptive new business strain (NBS) as a consequence of writing the business intended to fund future distributions. Reinsurance, investment strategy and capital provision all have roles to play which we will investigate in this webinar

  • Spaces available

    Current Issues in Life Assurance – Mortality in 2020 is now dominated by one thing, although – in our future-focused world – the pandemic is just one of many mortality considerations.  In this session, three well-regarded mortality/longevity specialists provide an overview of implications and impacts of COVID-19, recent and imminent CMI developments and more 'future focused' work in the MRSC

  • Spaces available

    Because of Covid-19, forecasters predict a severe recession in 2020, followed by a V or U-shaped recovery. This impacts both individuals and companies. However, compared to previous recessions, the impact on banks of higher credit losses should be mitigated to some extent by government actions. 

  • Spaces available

    Part of the Protection, Health and Care Conference 2020 webinar series

    This session will provide an overview of the Population Health Management Working Party's research including defining impactability and impactability modelling, discussing some examples of specific modelling approaches, considering the practical challenges across the NHS as well as wider public perception and ethical issues.

  • Spaces available

    Many actuaries consider career opportunities in the Finance and Investment practice area after having started off in more traditional actuarial roles such as valuations, capital management or pricing. This session is aimed at helping actuaries to better understand roles in Finance and Investment and how they can fine tune their skills to pursue such careers.

  • Mortality and Longevity Webinar Series 2020

    Webinar Series
    22 July 2020 - 10 August 2020

    Spaces available

    Due to COVID-19, we are running this programme via a series of webinars commencing 22nd July.

    This webinar series will provide topical and practical updates and discussion on the latest thinking and innovations in mortality and longevity, and is designed to be very accessible to a broad range of experience.

     

  • Spaces available

    Insurers are making increasing use of medical research to help with assumption, models and underwriting. Experienced mortality/ longevity specialists discuss the issues in the interpretation of  medical research papers, using a range of case studies. The case studies will include COVID-19 points of current importance. Many of the concepts discussed (data bias, inference of causation) are also applicable to equivalent questions in 'big data' and advanced analytics.

  • Spaces available

    Members of the Mortality Working Group of the IAA have analysed changes in mortality for about 30 causes of death  and will discuss how causes of death are classified, and the problems of long-term data, appropriate metrics, including "years of life lost" (YLL), causes of death - a "measure of cohortness", the changes in dominant causes of death at older ages, and how can these types of studies enhance mortality forecasting.

  • Spaces available

    Predictive risk assessment and risk stratification models based on postcode-level consumer classification are widely used for life insurance underwriting. However, these are socio-economic models not directly related to health information. Similar to precision medicine, precision life insurance should aim to tailor policy pricing/reserving to the individual health characteristics of each client.

  • Spaces available

    This discussion, the fourth in the Extreme Mortality Events webinar series, will look at what poor model selection and calibration could look like – using inappropriate historical data; using incorrect 2020 mortality data; and inappropriate stochastic model recalibration (or lack thereof). Presented by Chair of the Life Board of the Institute and Faculty of Actuaries, Colin Dutkiewicz. 

  • Spaces available

    This webinar has been re-scheduled from its original date of the 1st July. Although ESG has many buyers across the asset allocation community, from pension funds to sovereign wealth funds, it still hasn’t found its place within the core asset management strategy desks where the money is actually invested. The problem as well as the opportunity is Fixed Income. Plenty of strategies exist for incorporating ESG within Equities, from screening, integration to a combination. ESG has picked up relatively quickly within Equities with rating,indices created using ESG factors. This talk will discuss how we price a quantifiable ESG credit risk premium and make it alpha worthy in a strategy. 

  • Spaces available

    Part of the Protection, Health and Care Conference 2020 webinar series

    With the rising prevalence of dementia, how can we manage this risk effectively and can insurance do more? Matt Singleton, Ageing Lead at Swiss Re, will cover these topics and demonstrate how insurance could help people address their concerns.

  • Spaces available

    Current Issues in Life Assurance – Join us for an exploration session on the use of data science in insurance companies today including how insurers are making sense of and using new data sources and technologies, exploration of practical applications of data science within actuarial work, benefits of data-driven decisions to solve business problems using the power of data and technology, and the role that actuaries can play to harness the benefits of data science.

     

  • Spaces available

    Current Issues in Life Assurance

    This talk will look at a range of such techniques (e.g. mass lapse risk transfer, contract boundaries, risk margin relief, non-standard longevity risk transfer) that have been applied or considered by UK and EU insurers, and the pros and cons of each.

     

  • Spaces available

    Current Issues in Life Assurance.

    The International Association of Insurance Supervisors announced on 14 November 2019 the adoption of v2.0 of the global Insurance Capital Standard (ICS) which will undergo confidential reporting for 5 years starting from 2020. This session will include specific experiences from Legal and General (L&G) as well as global industry perspectives from EY.

  • Spaces available

    Current Issues in Life Assurance

    This session will cover the PRA supervisory statement on financial impacts related to climate change, industry insights into PRA climate risk business plans, examples climate risk strategy setting out key workstreams and activity steps for successful execution, an overview of a climate risk strategy execution timeline and the future.     

  • Spaces available

    Part of the Protection, Health and Care Conference 2020 webinar series. Using new and unique research and data from the UK, US, Sweden and China, this presentation investigates how consumers use the internet through their insurance journey and analyzes the role culture and generation plays in their online behaviour. We use this research to show the online landscape for insurance sales in the UK and suggest ways to shape new products and effectively engage with the consumer who is buying them.

  • Spaces available

    Chief Medical Officer (CMO) for Gen Re Life/Health Research and Development, Dr John O'Brien, will discuss the impacts of Gene Modification for life/health insurance. 

  • Spaces available

    As an industry, it has been important to be able to look to the future to identify the next quantifiable risk. In this session, I will explore some of the less tangible, but none-the-less concerning risks to future health, such as the health risks associated with exposure to pesticides, ingestion of plastic in the food chain, and the hazards of indoor air pollution through exposure to volatile organic compounds.

  • Spaces available

    The working party will help the industry to update and enhance how potential risk from diabetes and excess mortality is considered, including the need to understand the underwriting implications as treatments improve, and potentially to develop new products that are tailored to those with diabetes.

  • Spaces available

    Part of the Protection, Health and Care Conference 2020 webinar series. Modelling the structure and trends of cancer morbidity risk is important for pricing and reserving in related health insurance fields such as critical illness insurance and care provision. We model the dynamics of cancer incidence over time in different regions in England, using 1981-2016 ONS data. The modelling allows estimation of cancer rates at various age, year, gender and region levels, following a Bayesian setting to account for statistical uncertainty. Our analysis indicates significant regional variation in cancer incidence rates. 

  • Spaces available

    Part of the Protection, Health and Care Conference 2020 webinar series. In this talk we will outline the steps Aviva took in pulling together our first large-scale disclosures on the exposure of our business to climate change published in March 2019; in line with the recommendations of the Taskforce on Climate-related Financial Disclosures. After touching on why insurers have such an important role in climate change, we'll cover a brief “how-to” guide for those who have not yet embarked on thinking about these topics before giving a case study of how the learnings from a TCFD disclosure exercise can be applied to investment portfolios.

  • Spaces available

    Part of the Protection, Health and Care Conference 2020 webinar series. 

    The insurance industry currently underwrites customers with diabetes based on a range of factors, medical expertise and various medical studies. The work undertaken by the Diabetes Working Party would help the industry to approach this using current research findings to update and enhance how potential risk from diabetes is considered. This includes the need to understand the underwriting implications as treatments improve, and potentially to develop new products that are tailored to those with diabetes. This webinar will present our latest findings in the management of this important chronic condition which will include research in collaboration with the ARC.