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Professional Skills Training

The IFoA is committed to supporting our members in attaining the high levels of professionalism that assures our profession’s global reputation. In July 2020 we introduced changes to the IFoA’s 3-Stage Professional Skills Training which apply to all new joiners from 1 July 2020.

Transitional arrangements [apply to Members who joined before 1 July 2020].

Stage 1: Professionalism Course

This is a self-access e-learning course comprising of 4 Modules:

  • Module 1: Introduction to professionalism
  • Module 2: The IFoA; structure, regulation and compliance
  • Module 3: The Actuaries’ Code
  • Module 4: Professionalism in practice

The course can be accessed at any time, but must be completed before applying to sit CB3 Business Management Exam. 

For more detailed information please access: Stage 1 

Stage 2: Online Professionalism Course

This course builds on the knowledge acquired in Stage 1, with a format based around discussion of case studies with input from specialist ethicist and actuary facilitators. The course takes place over a 1 week period, with pre-reading of case studies to be undertaken and online contributions to be made in advance of the course start date. The course must be completed, either before qualifying as an Associate, or within 6 years of joining the IFoA.

For more detailed information please access: Stage 2

Course fees

There is a charge for Stages 1 and 2 from 1 July 2020. A reduced rate fee will be available for members currently on a reduced rate membership subscription fee, consistent with our pricing structure for other elements of the qualification. 

Course Full rate Reduced rate
Stage 1 Professionalism Course £75.00 £55.00
Stage 2 Online Professionalism Course £150.00 £105.00

Stage 3: Professional Skills Training

Stage 3 is an annual requirement to complete a minimum of 2 hours Professional Skills Training, defined in the CPD Scheme 2020 (effective from 1 September 2020) as “CPD activities with a Learning Outcome related to managing professional ethical challenges”.

For more detailed information please access:  Stage 3

Contact Details

professional.skills@actuaries.org.uk

For further information please contact the Professional Skills team.

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