If you need to make any changes to your subscription rate, such as applying for Partial Regulation or a reduced rate, please do so before making any payment.
If you do not pay your IFoA membership subscription by 31 December, your membership will default and you will no longer be a member of the IFoA.
For full subscription information, please refer to the Subscription Policy.
Subscription rates from 1 October 2019:
| Membership Category | Subscription 2019/2020 |
|---|---|
| Fellow | £715.00 |
| Fellow (Partial) | £360.00 |
| Associate | £485.00 |
| Associate (Partial) | £241.00 |
| Certified Actuarial Analyst | £250.00 |
| Student Actuarial Analyst | £170.00 |
| Student | £236.00 |
| Affiliate | £73.00 |
| Reduced subscription | £73.00 |
Reduced rate subscription
If your income falls below the threshold for your membership status, you can apply for a reduced rate subscription. The income threshold for each category of membership for 2019/2020 are listed in the table below:
| Membership status | Income threshold |
|---|---|
| Fellow | £21900 |
| Associate | £14550 |
| Certified Actuarial Analyst | £7500 |
| Student Actuarial Analyst | £5100 |
| Student | £7230 |
Applications for a reduced rate subscription can now be made online in the 'My Account' section of the website.
In the 'My Account' section of the site you can also:
- obtain your subscription notice under 'My subscriptions';
- make payments under 'My payments'; and
- obtain receipts for all payments made from 'My receipts and purchases'.
Joining as a Student member
If you are joining the IFoA as a Student member you will be able to apply for a reduced rate subscription as part of our online application process.
Once your application has been approved, the reduced rate will automatically be applied to your exam entries and other services.
Ways to pay
Bank transfer
Use the details below and send a copy of the remittance advice to membership@actuaries.org.uk so we can allocate your payment.
| Bank Details | |
|---|---|
| Account Name: | Institute and Faculty of Actuaries |
| Account Number: | 08671990 |
| Sort Code: | 56-00-20 |
| SWIFT | NWBKGB2L |
| IBAN | GB98NWBK56002008671990 |
Cheque
Make your cheque payable to the Institute and Faculty of Actuaries and write your name and ARN on the back.
Your cheque should be returned to the Membership Team, Institute and Faculty of Actuaries, Level 2 Exchange Crescent, 7 Conference Square, Edinburgh EH3 8RA.
Credit or debit card
Simply go to 'My Payments' section in the 'My Account' area of our website or call us on +44 (0)131 240 1325.
We accept Visa, Mastercard and American Express.
Paypal
Simply go to the 'My payments' section in 'My Account' area of our website and select to pay by PayPal.
Annual direct debit
Contact membership@actuaries.org.uk with your sort code and account number.
Before making any payment, please ensure that your subscription notice shows the correct subscription rate.
Optional subscriptions
The IFoA also collects the optional subscriptions for the Staple Inn Actuarial Society (SIAS) and for the specialist sections of the International Actuarial Association (IAA).
The current annual subscription rates for SIAS are:
| Status | Subscription |
|---|---|
| SIAS Fellow/Affiliate | £26 |
| SIAS Student/Associate | £15 |
The current annual subscription rates for all IAA Sections are:
| IAA Section | Subscription |
|---|---|
| AFIR (Financial Risk/Risk Management) | £33 |
| ASTIN (Non-Life or General Insurance) | £33 |
| IAAHS (Health) | £33 |
| IAALS (Life) | £33 |
| PBSS (Pensions, Benefits and Social Security) | £33 |
| IACA (Consultants) | £33 |
| AWB (Actuaries Without Borders) | £33 |
The simplest way to subscribe to one or more of the IAA Sections is to email membership@actuaries.org.uk. We will set up the subscription for you and you can pay online.
Download the Sections Brochure for more information.
Related documents
-
Subscription policy and membership operation 2019/2020
21 November 2019 -
Table of membership fees and subscriptions 2019/2020
25 July 2019 -
How to join the IAA Sections 2019/2020
25 July 2019 -
Application for Partial Regulation status 2019/2020
10 July 2019 -
IFoA Refund Policy - November 2015
30 November 2015
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Contact Details
If you have any questions about subscription rates please contact or telephone:
We aim to respond to all initial enquiries within two working days.
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Events calendar
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Building Appropriate Trust and Maintaining Integrity as a Non-Executive Director - Edinburgh
Level 2, Exchange Crescent 7 Conference Square Edinburgh EH3 8RA1 April 2020
We are sorry that this Professional Skills event has been cancelled.The IFoA's policy regarding COVID-19 is designed to safeguard the well-being of members and employees. As stated within the policy, the IFoA is reviewing its events programme on a case-by-case basis.
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SIAS Event: CMI Update
Staple Inn Hall, High Holborn, London, WC1V 7QJ1 April 2020We are sorry. This event has now been cancelled.
Following the release of the updated CMI Mortality Projection Model, CMI_2019, the CMI Mortality Projections Committee will lead a discussion on future mortality improvements.
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Finance and Investment Webinar: Investing in Private Credit – An Investment Manager’s Perspective
Webinar3 April 2020
In the webinar, Stuart Hitchcock, Head of Portfolio Management for Private Credit, within LGIM Real Assets, will provide some insight into the nature of the private credit markets. Discussion will evolve around development of the markets and lending landscape, key investment characteristics including structural and legal protections, public vs private investments, advantages and drawbacks for borrowers, and attractiveness for investors.
The webinar will also focus on describing the investment process such as origination through execution, credit, structure, pricing, on-going asset management, portfolio construction within private markets.
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Current Issues in General Insurance (CIGI) 2020
Webinars22 April 2020
Due to the COVID-19, we will be running this programme via a series of webinars commencing 22 April. CIGI is a well-established one-day seminar designed to increase awareness and encourage discussion on a variety of topical issues across the general insurance industry.
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CIGI Webinar - Jumping the Gap - Updating Embedded Systems
Webinar22 April 2020InsurTech headlines are often big statements, which seem impossible to many working in the sector day-to-day. How can actuaries implement new systems, keep the value from legacy systems, deliver BAU and not require the resources of three teams?
This talk:
- Highlights effective strategies to jump the gap to new technologies
- Illustrates practices that provide contingency for future technical growth
- Introduces the concept of “technical debt” and how you can best manage it
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CIGI Webinar - Climate Change Risk in Insurance and Reinsurance
Webinar22 April 2020Pressure on organisations to address climate change risks is intensifying. But what does this really mean for insurers? In this session Adhiraj Maitra and Gareth Sutcliffe will look at the why, the what and the how of this risk through a number of different lenses including regulatory, principle and resilience.
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CIGI Webinar - An Update for Property and Casualty Reinsurance Renewals 2020
Webinar27 April 2020Update on renewal pricing outcomes for Property and Casualty markets at the latest 1/1 reinsurance renewals.
The focus will be on capacity availability and price drivers. These issues include but are not limited to the cat bond market, wider trends in claims outcomes, trends in Casualty RI space that affect pricing such as social inflation, yield curve and the reserving cycle.
Finally, a note on how this may affect actuarial pricing, reserving and capital.
Learning objectives: Business knowledge of reinsurance renewal outcomes and the main drivers
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CIGI Webinar - Current Issues in Personal Injury Modelling
Webinar28 April 2020The Ogden Discount Rate shock of 2017 brought about a period of profound uncertainty to General Insurance market. GI Actuaries' first task was to estimate the impact of the Ogden shocks, particularly to reserving and reinsurance pricing. Their second was to navigate a period of framework uncertainty, maintaining an agility in actuarial modelling as the Civil Liability Bill took shape.
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Professional Skills Training - Edinburgh (29 April 2020)
IFoA (Edinburgh), Level 2, Exchange Crescent 7 Conference Square Edinburgh EH3 8RA29 April 2020A Trusted Profession
A 2 hour CPD event designed to meet the IFoA’s Stage 3 Professional Skills Training under the IFoA’s CPD Scheme 2019/2020. This session 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, so you should come along prepared to take part in the discussions.
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Professional Skills Training - London (29 April 2020)
Staple Inn, High Holborn, London WC1V 7QJ29 April 2020A Trusted Profession
A 2 hour CPD event designed to meet the IFoA’s Stage 3 Professional Skills Training under the IFoA’s CPD Scheme 2019/2020. This session 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, so you should come along prepared to take part in the discussions.
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CIGI Webinar - Improving Customer Outcomes through Pricing
Webinar30 April 2020The FCA’s interim report into general insurance pricing practices has brought into focus a number of market wide issues including:
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CANCELLED The Global Actuarial Profession
Staple Inn Hall, High Holborn, London, WC1V 7QJ30 April 2020We are sorry that this event has been cancelled.The IFoA's policy regarding COVID-19 is designed to safeguard the well-being of members and employees. As stated within the policy, the IFoA is reviewing its events programme on a case-by-case basis.
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CIGI Webinar - IFRS 17 Working Party Deep Dive
Webinar1 May 2020Working party have been producing a number of deep dive papers, these include topics such as risk adjustment, impact of disclosures on how uncertainty is perceived, deferring acquisition costs over renewals, PAA eligibility and more.
We will select where to focus the session based on market focus closer to the time. The plan is to do a detailed session with practical examples and considerations rather than a high level educational session. Very happy to discuss further.
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SIAS Event: Cyber Insurance
Staple Inn Hall, High Holborn, London, WC1V 7QJ4 May 2020The talk will cover:
• Why cyber security is regarded as the top threat to businesses (Allianz Risk Barometer 2019)
• What is causing the shift in threat landscape
• Who is attacking, why, and how we can stop them
• Customer impressions of cyber security and how you can help them
• Threats to evaluating insurable losses and responding to claims
• How cyber insurance policies have evolved, and need to continue to do so
• Can and should you recover ransoms under cyber insurance?
• What is the future for cyber risk? -
KSS event: Technology: A red-eyed Terminator or an actuary’s best friend?
Hymans Robertson, Exchange Place 1, 1 Semple Street, Edinburgh, EH3 8BL4 May 2020Despite long-running concerns that innovation could lead to widespread redundancy, technology has enabled greater productivity, created higher-value jobs and spurred us on to new heights. With artificial intelligence increasingly automating work undertaken by professionals, I look at the prospects for the actuarial profession in the era of unprecedented technological innovation.
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Finance and Investment Conference 2020
Royal College of Physicians, 11 St Andrews Pl, London NW1 4LE05-05 May 2020
Due to COVID-19, we are running this programme via a series of webinars commencing 5 May.The environmental, social and governance (ESG) space is growing rapidly and increasingly moving centre stage. In many cases, it is now an essential part of policy and central to the way stakeholders make decisions for the long term to ensure retention of clients, manage risk better, and ensure more economically efficient and sustainable investment returns.
ESG factors cover a wide range of areas reflecting how vital consideration of these factors are part of wider systemic risks.
The IFoA’s policy regarding Coronavirus is designed to safeguard the well being of those who attend IFoA events. Find out more.
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Professional Skills Training - Edinburgh (19 May 2020)
IFoA (Edinburgh), Level 2, Exchange Crescent 7 Conference Square Edinburgh EH3 8RA19 May 2020A Trusted Profession
A 2 hour CPD event designed to meet the IFoA’s Stage 3 Professional Skills Training under the IFoA’s CPD Scheme 2019/2020. This session 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, so you should come along prepared to take part in the discussions.
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Professional Skills Training - London (19 May 2020)
Staple Inn, High Holborn, London WC1V 7QJ19 May 2020A Trusted Profession
A 2 hour CPD event designed to meet the IFoA’s Stage 3 Professional Skills Training under the IFoA’s CPD Scheme 2019/2020. This session 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, so you should come along prepared to take part in the discussions.
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CILA 2020
Royal College of Physicians, 11 St Andrews Pl, London NW1 4LE20 May 2020CILA is aimed at practicing life actuaries from life offices, consulting firms and other employers of actuaries. It will also be of interest to all those who work in, or advise on, the life assurance market in the UK and Europe. The programme this year features a timely mix of hot topics including sessions on: -
Protection, Health and Care Conference 2020
The Grand Brighton, 97-99 Kings Rd, Brighton BN1 2FW02-03 June 2020The Protection, Health and Care Conference is an annual conference aimed at all insurance professionals with a passion for harnessing insurance risk in their organisations. -
SIAS Event: Why personal impact matters for career progression & organisational performance & what affects it
Staple Inn Hall, High Holborn, London, WC1V 7QJ2 June 2020How we relate to others at work, whether they are colleagues, clients, prospective clients or other business contacts is key to individual career progression and business performance. People buy people , so considering what we are known for and how to be positively memorable are vital. This session looks at the importance of professional relationships, the psychology of personal image and impact and the three personal impact 'tools' which affect what people say about us when we're not in the room.
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Mortality and Longevity 2020
1 Birdcage Walk, Westminster, London SW1H 9JJ08-08 June 2020This highly regarded seminar will provide topical and practical updates and discussion on the latest thinking and innovations in mortality and longevity. The program is designed for life, pensions and health and care actuaries, academics, researchers, underwriters and related practitioners eager to learn about the latest developments in mortality and longevity. The sessions are designed to be very accessible to a broad range of exp -
Professional Skills Training - London (10 June 2020)
Staple Inn, High Holborn, London WC1V 7QJ10 June 2020A Trusted Profession
A 2 hour CPD event designed to meet the IFoA’s Stage 3 Professional Skills Training under the IFoA’s CPD Scheme 2019/2020. This session 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, so you should come along prepared to take part in the discussions.
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Professional Skills Training - Edinburgh (17 June 2020)
IFoA (Edinburgh), Level 2, Exchange Crescent 7 Conference Square Edinburgh EH3 8RA17 June 2020A Trusted Profession
A 2 hour CPD event designed to meet the IFoA’s Stage 3 Professional Skills Training under the IFoA’s CPD Scheme 2019/2020. This session 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, so you should come along prepared to take part in the discussions.
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Professional Skills Training - London (18 June 2020)
Staple Inn, High Holborn, London WC1V 7QJ18 June 2020A Trusted Profession
A 2 hour CPD event designed to meet the IFoA’s Stage 3 Professional Skills Training under the IFoA’s CPD Scheme 2019/2020. This session 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, so you should come along prepared to take part in the discussions.
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Pensions Conference 2020
Renaissance Manchester City Centre Hotel, Blackfriars Street, Manchester,M3 2EQ18-19 June 2020Join us as this year’s conference that will focus on topics including funding and savings, pension law current issues, ESG, the end game and transferring risk, investment issues, data visualisation and data science. -
IFoA Asia Conference 2020, Kuala Lumpur
CCEC Nexus, 7, Jalan Kerinchi, Bangsar South, 59200 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia24-25 June 2020This event has been postponed. A new date will be announced.
The IFoA's policy regarding COVID-19 is designed to safeguard the well-being of members and employees. As stated within the policy, the IFoA is reviewing its events programme on a case-by-case basis.
To this end the IFoA and their strategic partner, the AIR, have taken the decision to postpone this year's Asia Conference. A new date will be announced pending further reviews over the following months.
Due to the COVID-19, we will be running this programme via a series of webinars commencing 22 April. 
Due to COVID-19, we are running this programme via a series of webinars commencing 5 May.