Chartered Actuary Consultation Meeting

Please note: This event will now be taking place at Holborn Gate in the Curtis Room.

Council has been considering the ever increasing pace of change in the actuarial profession and how we can best support you.

We have engaged with actuarial employers and other stakeholders who advised us that, in order to keep up with these challenges, we need to create a more contemporary, relevant qualification framework: one that ensures qualifiers are equipped to meet the changing priorities of employers and remain fit for the future. As a result of these conversations, we have developed a proposal that will have the explicit aim of improving the long-term employability of those who qualify as actuaries through the IFoA.

The central feature of the proposal is a newly titled qualification - ‘Chartered Actuary’ (CAct). This new qualification would map closely to the current IFoA Associate level and bring it in line with the new International Actuarial Association (IAA) syllabus. It would become the initial qualification for any professional IFoA actuary, and would enable students to qualify more quickly as a generalist whilst continuing to maintain the high quality associated with the IFoA. The IFoA Fellowship would be retained as the recognised ‘gold standard’ for specialist actuaries.