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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Delivered by the IFRS 17 Contractual Service Margin working party.
The Certified Actuarial Analyst (CAA) qualification has rapidly established itself as adding real value, to insurers and consultancies, and to the clients of consultancies, around the World. CAAs work alongside actuaries and actuarial students, as well as other financial services professionals, in an increasingly broad range of roles and fields.
This session is a repeat of the one earlier today at 09:30
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.
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.
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.
This webinar will provide an update on the emerging thinking around future regulation of DB schemes:
The webinar will discuss the challenges and opportunities schemes face in evaluating end game options, choosing a target state and understanding the impact this strategic decision could have on member outcomes long after the “end state” is reached. Adolfo, Kevin and Rhian bring over 60 years of experience in the industry and a variety of perspectives as scheme actuary, covenant adviser, trustee, de-risking adviser and insurer.
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.
Patrick Kennedy, Partner at Gateley Legal and Founding Director of Entrust (a leading professional pensions trustee company), will be delivering an update on the latest legal developments during the course of 2020. With both a pensions legal perspective and over 25 years of trustee service, Patrick will seek to highlight how the letter of the law has continued to evolve against the backdrop of a difficult and challenging year
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.