The Institute and Faculty of Actuaries (IFoA) develop online Professional Skills Training (PST) content for its Members to enhance their professional skills and to assist those Members who are subject to the requirements of the CPD Scheme to meet their Professional Skills Training requirements under the Scheme.
The IFoA’s online content is just one option to satisfy the requirements which are to undertake a minimum of 2 hours of “CPD Activities with a Learning Outcome related to managing professional ethical challenges”. The content includes a range of video case studies covering professional and ethical issues.
This is the first of two planned releases of content for the current CPD year; more content will be published in March 2022. The combined content published in November 2021 and March 2022, together with our programme of professional skills webinars will provide Members with ample opportunities to enhance their professional skills and to meet their CPD requirements if applicable.
Here is a taster of the video case studies included in the latest release of content published in November 2021:
- The Pitch – see how a new business pitch meeting goes from bad to worse due to a lack of preparation, in-built biases, and preconceptions by the consultancy staff.
- Pride or Prejudice – four colleagues discuss the recruitment of new members to an internal working team, but how fair and appropriate is the recruiting process?
- Independence Day – a reliable Insurance company is considering the best option for a tranche of its business, but the project team is under pressure to come up with a specific outcome before they have even done the analysis.
- The Many Faces of Bias – an interactive microsite (approximate running time 30 minutes) raises awareness of how unconscious biases present themselves and describes the different types of biases we can be susceptible to.
In addition, there are other mini case studies in various formats. For each video case study, there is a separate video where actuaries and others discuss the issues raised.
Request a Toolkit from email@example.com if you wish to run a professional skills session for your colleagues or local association. This will give you access to downloadable links for the videos, useful tips on running a session, and access to a range of supplementary content.
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