Who is eligible for exemptions?
Members who joined the IFoA before 17:00 (BST) on 31 July 2019 and hold the exemptions for subjects from the Actuaries Institute Australia until 31 December 2021 maybe eligible for exemption from certain subjects (Core Principles and CP1).
Graduates from the following universities accredited by the Actuaries Institute Australia are eligible to apply for exemptions with the IFoA:
Australian National University, Bond University, Curtin University, Macquarie University, Monash University, University of Melbourne and UNSW Australia.
Please note, exemptions must be recognised/granted by the Actuaries Institute Australia before you can apply to the IFoA. We will not grant exemptions based documentation that only confirms eligibility or documentation received from the university.
Student members have until 31st December 2022 to claim their exemptions.
Who is not eligible for exemptions?
Members who joined the IFoA after 17:00 (BST) on 31 July 2019 are not eligible for exemptions based on the exam passes or exemption recognition from the Actuaries Institute Australia. If you joined the IFoA after the 31 July 2019, please see the Transfer of Prior Learning category for further details before you consider IFoA student membership. If you joined the IFoA on or before 31 July 2019, but subsequently resigned or lapsed your membership, for a short period of time ( normally less than 12 months), you should contact Education Services to discuss your case.
From 1 January 2023 onwards the IFoA will not be accepting any applications for exemptions from the Actuaries Institute Australia.
Exemptions available are listed below.
| Actuaries Institute exams passed before 31 December 2018 | IFoA Fellowship exemptions |
|---|---|
| Part I | You may be eligible to apply for exemptions from any of the CT1-8 exams |
| Part II A - the Actuarial Control Cycle | You may be eligible to apply for an exemption from CA1 |
| Actuaries Institute exams sat or passed between 1st January 2019 to 31 December 2021 | IFoA Fellowship exemptions |
|---|---|
| Foundation Program | You may be eligible to apply for exemptions from any of the CM, CB & CS exams |
| Actuary Program (Actuarial Control Cycle) | You may be eligible to apply for an exemption from CP1 |
Further information is available from the Actuaries Institute.
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General information and practical advice that will be useful in your studies
Contact Details
Member Services Team
memberservices@actuaries.org.uk
Institute and Faculty of Actuaries, 1st Floor, Park Central, 40/41 Park End Street, Oxford, OX1 1JD
We aim to respond to all enquiries within two working days.
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Events calendar
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The Growth Mindset for Actuaries
13 October 2021 - 8 December 2021This practical course is aimed at actuaries at any stage of their career who want to develop their own growth mindset and apply it to their work setting and personal or professional lifelong learning. The content of the course builds on the lecture given by Dr Helen Wright on Growth Mindset as part of the President’s 2021 Lecture series, and will be delivered over a period of 2 months, from mid-October to early December.
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The importance of biodiversity for finance, business and policy is being increasingly recognised. While many studies highlight the overall economic impact that biodiversity loss could have, it is much more difficult to quantify and understand the particular impact that is may have on individual businesses or communities. The management and measurement of these risks is a field where actuaries are well placed to contribute. -
The climate crisis and the degradation of our planet will affect societies everywhere. How we address these threats will require solutions that transcend borders. As a global profession, the actuarial community is well-placed to consider and propose effective risk management solutions to help manage the climate crisis.
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GIRO 2021 Webinar Series
Online8 November 2021 - 19 November 2021
Join leading experts to discuss key issues, emerging ideas and new research across the general insurance sector. -
Proposals for changes to the regulatory framework on climate change and sustainability
11 November 2021This is a free webinar with an expert panel providing their views on the ongoing IFoA consultation for proposals regarding changes to the regulatory framework on climate change and sustainability.
The regulatory consultation sets out, for feedback some proposed approaches that the IFoA are considering in relation to charter commitments under the UK’s Green Finance Education Charter (GFEC) and the regulatory framework, including the Actuaries’ Code.
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Life 2021 Webinar Series
Online22 November 2021 - 26 November 2021
Join leading experts to discuss key issues, emerging ideas, and new research across the Life insurance sector. -
What next for Mental Health in Insurance?
1 December 2021
Content will be aimed at all actuaries looking to understand the issues surrounding mental health in insurance and in particular those looking to ensure products and processes widen access for, and are most useful to, those experiencing periods of poor mental health.
The importance of biodiversity for finance, business and policy is being increasingly recognised. While many studies highlight the overall economic impact that biodiversity loss could have, it is much more difficult to quantify and understand the particular impact that is may have on individual businesses or communities. The management and measurement of these risks is a field where actuaries are well placed to contribute.
Join leading experts to discuss key issues, emerging ideas and new research across the general insurance sector.
Join leading experts to discuss key issues, emerging ideas, and new research across the Life insurance sector.
Content will be aimed at all actuaries looking to understand the issues surrounding mental health in insurance and in particular those looking to ensure products and processes widen access for, and are most useful to, those experiencing periods of poor mental health.