The Institute and Faculty of Actuaries (IFoA) develops online Professional Skills Training (PST) content for its Members to enhance their professional skills and to assist those Members who are subject to the requirements of the CPD Scheme 2020/2021 meet their Professional Skills Training requirements under the Scheme.
The IFoA’s online content is just one option to satisfy the requirements which are to undertake a minimum of 2 hours of “CPD Activities with a Learning Outcome related to managing professional ethical challenges”. The content includes a range of video case studies covering professional and ethical issues.
Unlike previous years, there has been a phased release of content this year with 3 separate releases over the CPD year (November 2020, April and June 2021).This will provide Members with plenty of content well ahead of the end of the current CPD year, ending on 31 August 2021.
- Here is a taster of the video case studies included in the latest release of content published in June 2021: Alex is relieved to discover that her appearance ‘In the Dock’ was just a bad dream but is prompted to think about keeping professional standards in mind in her day to day work
- A heated exchange on social media escalates out of control with consequences!
- A couple find themselves working “Too Close for Comfort” when they start to suspect their respective projects may involve the same client
- Clyde finds himself juggling competing priorities and superiors and discovers you can’t always please everyone
For each video case study there is a separate video where actuaries and others discuss the issues raised.
Request a Toolkit from firstname.lastname@example.org if you wish to run a professional skills session for your colleagues or local association. This will give you access to downloadable links for the videos, useful tips on running a session and access to a range of supplementary content.
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We have made it through 2020 but the COVID-19 crisis continues to have a significant impact on individuals, societies, businesses and the wider economy across the globe. Navigating the world post COVID-19 in an uncertain and highly unstable time brings along many uncertainties, challenges and exciting opportunities. Hence the theme of this year’s IFoA Asia Conference Webinar Series is “Risk. Adapt. Thrive.”
In April 2021, the CMI Income Protection Committee published Working Paper 149, which detailed the changes to analysis methodology for the Income Protection Investigation and the impact of past data issues. This webinar will provide an overview of the changes in the analysis approach and discuss the adjustments to the IP11 claim inceptions graduations.
Internal audit is often the Cinderella of the audit world. It’s a regulatory requirement for insurance companies to have an internal audit function, so why not make it as useful as possible? This session will look at how to link an internal audit plan to the risk register, and how that helps audit committees and boards to spot problems and fix them.
Climate change is one of the greatest risks facing our world today. Addressing it will require multi-faceted solutions. Through this panel session, we will explore the different levers that can be used to meet net-zero targets including climate science and data, government engagement, and mobilising green finance.