The course prepares you for the increasing levels of responsibility placed upon you in your career. It will build on previous training in the Stage 1 Professionalism Course and help you to develop the skills you will need to manage, and where possible, prevent ethical dilemmas which may arise, and to exercise appropriate judgement and decisions to resolve them.
What’s involved in the course?
The Stage 2 Online Professionalism course will take place over a 1 week period, with pre-course work to be undertaken, and online contributions to be made, in advance of the course start date. You will have access to the course content two weeks prior to the course start date to enable you to complete the pre-course work. The course uses discussions of case studies to explore concepts of professionalism, awareness of the Actuaries' Code, and business ethics. Participants will have the opportunity to ask any questions in relation to the case studies, or other ethics/professionalism-related topics in a Q & A session.
Who is required to do the Stage 2 Online Professionalism Course?
Students who joined the IFoA on or after 1 July 2020:
- must complete the course before they can become an Associate.
What are the transitional arrangements for Students and newly qualified Fellows?
Students who joined the IFoA before 1 July 2020:
- if you are a student member who joined on or after 1 July 2006 you will need to complete the course between the 4th and 6th anniversaries of your admission, or within a year of qualifying as a Fellow; whichever comes first
- if you wish to become an Associate you will need to complete the course, in addition to passing the relevant exams, before you can transfer, unless you have previously completed the old style Stage 2 Professional Skills Course (PSC).
Newly qualified Fellows
- need to complete the course within a year of transferring to Fellow, unless they have previously completed the old style Stage 2 Professional Skills Course (PSC).
Members who have completed the previous style Stage 1 Online Professionalism Awareness Test (OPAT) and are required to complete the new style Stage 2 Online Professionalism Course, will also have the option to do the Stage 1 Professionalism Course, at a point of their choosing should they wish to do so. This is being offered free of charge due to the substantial shift of content from the former Stage 2 PSC to the new Stage 1 Professionalism Course.
How do you book on the course?
To book your Stage 2 Professionalism Course log in to your online account, and follow the link to Book a Professionalism Course and select the Stage 2 option to see available dates.
You must have completed a course, or have a confirmed booking in place, within the required time frame where applicable, as failure to do so will lead to penalties being imposed on you.
What is the course fee?
|Course||Full rate||Reduced rate|
|Stage 2 Online Professionalism Course||£150.00||£105.00|
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.
If you have any questions about Stage 2: Online Professionalism Course please contact Education Services.
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A Trusted Profession
This free 1 hour CPD webinar is designed to meet the IFoA’s Stage 3 Professional Skills Training under the IFoA’s CPD Scheme 2019/2020 and is suitable for actuaries working in any area (i.e. it is not specifically aimed at Pensions, GI or any other technical discipline) and is interactive.
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.
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.
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.
This event is now fully booked. To join the wait list, please register here.
Get ready for the new CPD Scheme launching on 1 September. Join us for a discussion on what the new Scheme will look like in practice. There will be an opportunity to field questions to the IFoA Executive on how the Scheme’s requirements will affect you.
There will be a prestigious line-up of international speakers discussing the insurance and financial industry’s innovation and change in Asia. The conference will take place throughout September via an online platform. The webinars consist of plenary speaking sessions and a series of workshop sessions including Life, GI, Data Science, Sustainability, Risk Management and Investment.
This will be the perfect opportunity for you to discover,ask questions and be at the forefront of current and developing actuarial/financial topics and trends in Asia.
In this webinar we will provide an insight into enterprise-wide risk management in banking, showing similarities to the world of insurance as well as identifying differences. Just as insurance companies have to submit an ORSA, so bank’s have to submit their own equivalent, the Internal Capital Adequacy Assessment Process or ICAAP.
This free 90 minute webinar is designed to support the IFoA CPD Co-ordinators, and others, involved in supporting our members to achieve their CPD requirements.
The programme will include an overview of the new CPD Scheme; specifically sharing with you key messages to support you implement and embrace the new CPD Scheme for our members within your organisation and regional community; how to arrange a reflective practice discussion; and an interactive reflective practice discussion learning exercise. In addition, delegates will gain information about accessing, and making the most of the IFoA event Toolkits which you can make use of to run your own in-house events and events for regional communities.