The CAA is an internationally recognised professional qualification offered by CAA Global a joint venture of the Institute and Faculty of Actuaries (IFoA), based in the United Kingdom, and the Society of Actuaries (SOA), based in the United States
What will I come away with?
- Expertise and experience - Apart from a professional qualification with one of the leading actuarial associations in the world, you will gain financial business, analytical and modelling skills
- Added value immediately - If you’re working in a technical role within the insurance and financial services industries, you will have the skills and methodologies to help businesses provide assurance to regulators, stakeholders and the public
- Recognition and community - Through CAA Global and its international actuarial association partners, you’ll be a member of a well-respected, globally recognised profession.
Read more about the benefits of taking the CAA qualification.
How do I become a CAA?
The Certified Actuarial Analyst (CAA) career pathway is designed to enable you to study for the CAA qualification whilst working full time. It will take you on average two to three years to complete the qualification.
You can work at your own pace and there are exam centres around the world where you can take your exams.
To qualify you will need to:
- join CAA Global www.caa-global.org
- pass six exam modules
- provide evidence of one year of relevant work experience, and
- pass the Online Professional Awareness Test (OPAT).
For more information on the exam modules, work experience and professionalism requirements, please see our how to qualify information or view the CAA Global website.
Once you've passed all the exams and met the requirements, you will qualify as a Certified Actuarial Analyst
As a Certified Actuarial Analyst you can use the designation CAA after your name and you will be required to join an accredited association. Currently there are two accredited bodies - ourselves and the SOA- but over time this will change as other actuarial associations join CAA Global. You can find out more about what happens after you qualify on the CAA Global website.
Once you’ve qualified as a Certified Actuarial Analyst, are there routes to the IFoA Associate and Fellowship qualifications?
Having qualified as a CAA and gained some valuable work experience, you may wish to consider embarking on an actuarial career by undertaking the professional IFoA examinations through to Associate and Fellow.
The studying you have undertaken will prepare you for the core principle subjects, in particular the Actuarial Statistics and Actuarial Mathematics subjects, which it is suggested you should attempt first. The pathway, which had been developed to gain some part exemptions has been suspended, and will be reviewed in 2020. Those who are keen to begin their study route through the actuarial examinations are encouraged to begin with the CS and CM subjects.
CAA Administration Team
CAA Global, c/o Institute and Faculty of Actuaries, 1st Floor, Park Central, 40-41 Park End Street, Oxford OX1 1JD
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Presenter Matt Modisett
In collaboration with the Institute and Faculty of Actuaries, the Principles of Responsible Investment is delighted to host this webinar discussing the response to the TCFD’s recommendations two years on from their publication. The webinar will feature new analysis of the 591 investors representing $45 trillion who responded to PRI’s 2019 climate indicators, insights from the past Chair of the IFoA’s Resource and Environment Board as well as an investor case study of implementation in practice from Aviva.
An introductory session to help you get ahead with climate change.
- Science, terminology and initiatives: handy facts to keep in your back pocket
- Getting your point across: how to influence people and avoid common traps and pitfalls
- Taking action: what are actuaries expected to do...and what are we actually doing?
This KSS talk, presented by the FCA Head of Department in Scotland, will focus on the following 3 main areas:
- FCA business plan priorities
- The future of regulation
- FCA Engagement in Scotland
Friday, 6 September, Beijing Local Time (CST) 14.00-16.30; British Summer Time (BST) 07.00-9.30
The IFoA Beijing Office and China Life are pleased to be co-hosting a Professional Skills Training (PST) session in Beijing, Shanghai and Shenzhen on Friday, 6 September. Wen Li (FIA), the IFoA Lead Representative in China and East Asia, will lead the PST presentation and discussion on ‘Getting it right!’.
The main venue will be in Beijing. Members in Shanghai and Shenzhen can join the interaction with Beijing via video conference at China Life’s regional venues. (see full details below)
This event is now fully booked. Please click here to register for the wait list.
The actuarial profession has much to offer the world of banking. In this second webinar on opportunities for actuaries in banking we have two actuaries sharing their experience
GIRO is attended annually by over 800 delegates and speakers who are keen to discuss key topics such as Pricing, Reserving, Modelling and the future of the insurance industry. GIRO 2018 was a huge success and we have opened bookings early for what we hope will be another brilliant conference at the EICC in Edinburgh this year.
Presenter Jon Spain
This workshop, now in its sixth year, is aimed at senior actuaries working in life insurance - predominantly Chief Actuaries, but also Reviewing Actuaries and others working in risk and financial reporting. It will provide seven hours of relevant CPD.
Three actuaries – and CEOs – discuss their views on how the business world is changing and what that might mean for actuaries in the future.
Have you ever thought about working in wider fields? Would you like to play a role in the fight against climate change to make the planet better?
It can be difficult to do this - but seeing an example you can follow can make it more realistic. In this ‘green’ case study a template is outlined to show how actuaries can apply their skills more broadly - and in doing so, to make a difference.
The Institute and Faculty of Actuaries and the Royal Statistical Society have worked together to develop joint ethics guidance on data science. This is the culmination of an 18 month programme of practitioner led work.
Join us for the launch of this new guidance, with a high-level panel discussion which will explore the role of data science practitioners and professional bodies in data ethics.
The Institute and Faculty of Actuaries is running a sessional meeting on autonomous vehicles on 28th October. The session will showcase the work of the IFoA “Autonomous Vehicles” working party alongside a number of expert external presenters.
ARC Event: Beyond Proportional Hazards: Statistical methods for assessment of the impact of medical advances and health interventions on longevity and population projections.
This workshop is being delivered by the Actuarial Research Centre’s (ARC) ‘Big Health and Actuarial Data’ Research Programme.
This evening will feature two new cases studies that highlight the implications for insurers of issues impacting on health and mortality for life, pensions, and health and care products; Impactability modelling: a worked example in Type II diabetes presented by Josephine Robertson, and Seasonal Mortality in England and Wales 1993-2016 presented by Mary Hall, Dublin City University.
Join us for this brand new seminar that brings together our Current Issues in Pensions, Pensions and the Law, and Investment for Pension Actuaries events. The seminar builds on the IFoA’s Annual Pension Conference with sessions covering CDC, TPR’s code of practice, investments, legal updates and Professional Skills Training with a focus on interactive discussion throughout.
The National Records of Scotland (NRS) collects, preserves and produces information about Scotland's people and history to inform current and future generations - work that underpins the fabric of Scottish society and tells the story of our nation. This KSS talk will explore the following and other areas impacting Scotland’s changing population, and assess the potential implications of the changes:
- population statistics
- life expectancy
- changes in age structure
- birth and death rates, including causes of death statistics.
The Life Conference is the premier event for professionals interested in life insurance. Offering a wide range of workshops and plenary sessions it’s the perfect opportunity to discover what’s hot and current in life insurance ensuring you get up to date on the latest thinking and innovation whilst meeting and exchanging ideas with a broad range of professionals.
The IFoA is pleased to announce that this year’s Autumn Lecture will feature the Rt Hon Nicky Morgan MP as its guest speaker. Nicky has previously served as Financial Secretary to the Treasury and Minister for Women. She now chairs the Treasury Select Committee whose remit is to examine the expenditure, administration and policy of HM Treasury, along with all of its agencies and associated bodies.
Watch the live stream of this year's Autumn Lecture with guest speaker Rt Hon Nicky Morgan MP.
We are delighted to announce the launch of the findings from our ARC funded Behavioural Finance research with a special evening event at Staple Inn on Tuesday14th January 2020. Entitled Behavioural Aspects of Institutional Investment Decision-Making, this research programme is being delivered by City, University of London, Leeds University Business School and Ipsos.