Your research must involve an actuarial approach to problem solving, and make an original contribution to actuarial science. The dissertation must demonstrate how the work links to relevant actuarial knowledge.
The research is expected to be of the level of MPhil or research degree and is likely to require at least two years of part-time study.
How do I apply?
You must have achieved passes in the following subjects from the former curriculum: CT1-8, CA1, CA3 and 1 ST subject before you will be accepted for the SA0 route. In the new curriculum this corresponds to passes in: CS1, CS2, CM1, CM2, CB1, CB2, CP1, CP3 and 1 SP subject.
You need to send in a project proposal and a plan of work for a piece of original research on an actuarial topic which meets the criteria for SA0 projects discussed on this page.
The fee for SA0 is £1,340.
How does the process work?
This type of alternative assessment is resource intensive so a Board of Examiners Sub-committee will decide how many projects of this nature they can allow at any one time.
Preference will be given to projects in areas where no alternative examination is available. If your project proposal is approved we will appoint supervisors to oversee your work.
Once you have completed your dissertation we will discuss it with you, your supervisors and an independent external examiner at a viva exam. The assessment will result in one of the following:
- pass with minor modifications
- re-submit after further work
There are key differences between this type of research project and one used to gain exemption from the Specialist Technical Subjects
- The IFoA must be involved from the start, and agree the objectives of the research.
- The project will test higher order skills, and have a greater length and depth of work.
Your work should be of a standard to pass peer review. This standard is one suitable for publication in refereed journals, although it is understood that some projects will be commercially sensitive.
Communication of your results will be important as well as the actuarial study. Your dissertation must contain an abstract and is likely to contain most of the following elements:
- statement of the problem
- literature review
- data collection
- conclusions and recommendations
- non-technical communication of conclusions.
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Delivered by the IFRS 17 Contractual Service Margin working party.
The Certified Actuarial Analyst (CAA) qualification has rapidly established itself as adding real value, to insurers and consultancies, and to the clients of consultancies, around the World. CAAs work alongside actuaries and actuarial students, as well as other financial services professionals, in an increasingly broad range of roles and fields.
This session is a repeat of the one earlier today at 09:30
Many individuals and institutions have a long-term focus, and invest funds for the benefit of future generations. Their strategy should reflect their long horizon. University endowments are one of the oldest classes of institutional investor, and I will present the first study of the management of these endowments over the very long term.
This year's GIRO has been re-designed as a virtual conference to offer members and non-members the opportunity to get up to date content from leading experts in the general insurance field via online webinars. All sessions will be recorded and made available to purchase and re-watch post-event on the IFoA's GI Online Learning Resource area.
This year's Life Conference has been re-designed as a virtual conference to offer members and non-members the opportunity to get up to date content from leading experts in the life insurance field via online webinars. All sessions will be recorded and made available to purchase and re-watch post-event on the IFoA's website.
This webinar will provide an update on the emerging thinking around future regulation of DB schemes:
The webinar will discuss the challenges and opportunities schemes face in evaluating end game options, choosing a target state and understanding the impact this strategic decision could have on member outcomes long after the “end state” is reached. Adolfo, Kevin and Rhian bring over 60 years of experience in the industry and a variety of perspectives as scheme actuary, covenant adviser, trustee, de-risking adviser and insurer.
Cash-flow driven investing is a game-changer for DB pension funds navigating their end-game. Suitable for sponsors who want to reduce risks on their balance sheets. And for trustees, it shifts the focus to providing greater certainty of returns, managing funding level volatility and ensuring they have enough income to pay cash-flow requirements.
Patrick Kennedy, Partner at Gateley Legal and Founding Director of Entrust (a leading professional pensions trustee company), will be delivering an update on the latest legal developments during the course of 2020. With both a pensions legal perspective and over 25 years of trustee service, Patrick will seek to highlight how the letter of the law has continued to evolve against the backdrop of a difficult and challenging year
The talk will provide an understanding of the priorities and relationships between deficit reduction contributions, in the context of wider scheme funding, and different types of value outflow from the employer based on the working party’s recently published report.