You are here

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.

Filter or search events

Start date
E.g., 20/10/2021
End date
E.g., 20/10/2021

Events calendar

  • The Growth Mindset for Actuaries

    13 October 2021 - 8 December 2021

    Fully booked.

    This practical course is aimed at actuaries at any stage of their career who want to develop their own growth mindset and apply it to their work setting and personal or professional lifelong learning. The content of the course builds on the lecture given by Dr Helen Wright on Growth Mindset as part of the President’s 2021 Lecture series, and will be delivered over a period of 2 months, from mid-October to early December.

  • Spaces available

    In this webinar, we will discuss how cause-of-death data from the Office for National Statistics can help us to understand how inequalities arise at the all-cause level. The key to understanding mortality inequality is to think about the chain that connects risk factors, relative risks, and cause-of-death mortality through to all-cause mortality.

  • Spaces available

    The importance of biodiversity for finance, business and policy is being increasingly recognised. While many studies highlight the overall economic impact that biodiversity loss could have, it is much more difficult to quantify and understand the particular impact that is may have on individual businesses or communities. The management and measurement of these risks is a field where actuaries are well placed to contribute.

  • Spaces available

    The climate crisis and the degradation of our planet will affect societies everywhere. How we address these threats will require solutions that transcend borders. As a global profession, the actuarial community is well-placed to consider and propose effective risk management solutions to help manage the climate crisis.

  • GIRO 2021 Webinar Series

    Online
    8 November 2021 - 19 November 2021
    Spaces available

    Join leading experts to discuss key issues, emerging ideas and new research across the general insurance sector.

  • Life 2021 Webinar Series

    Online
    22 November 2021 - 26 November 2021
    Spaces available

    Join leading experts to discuss key issues, emerging ideas, and new research across the Life insurance sector.

  • Spaces available

    Content will be aimed at all actuaries looking to understand the issues surrounding mental health in insurance and in particular those looking to ensure products and processes widen access for, and are most useful to, those experiencing periods of poor mental health.