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
You can read about the benefits of the CAA qualification to both candidates and organisations on the benefits page.
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 and benefits of hiring Certified Actuarial Analysts.
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.
Contact Details
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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Events calendar
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IFAM event - Actuarial Teachers’ & Researchers’ Conference 2019
Institute for Financial and Actuarial Mathematics Department of Mathematical Sciences The University of Liverpool Mathematical Sciences Building Peach Street Liverpool, L69 7ZL27 June 2019 - 29 June 2019The Institute for Financial and Actuarial Mathematics (IFAM) at the University of Liverpool is pleased to host the 2019 Actuarial Teachers’ and Researchers’ Conference from 27-28 June 2019. This annual two-day event has been running annually now for many years, each time hosted by a different university, and provides all those interested in actuarial research and education a great opportunity to share their ideas and catch up on the latest developments.
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IFoA/ASM Joint Professional Skills Training – Kuala Lumpur
Menara AIA, Auditorium, 99 Jalan Ampang, 50450, Kuala Lumpur28 June 2019The Institute and Faculty of Actuaries (IFoA) and Actuarial Society of Malaysia (ASM) are organising a joint Professional Skills Training (PST) in Kuala Lumpur. This session is suitable for actuaries working in any area (i.e. it is not specifically aimed at Life, 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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NOCA Event - Climate-related risk: facing up to the challenge
N/A28 June 2019Presented by Louise Pryor
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SIAS: The Impact of Air Pollution on Health and Life Expectancy
Staple Inn Hall, High Holborn, London, WC1V 7QJ2 July 2019Air pollution has gained increasing attention lately. Nicola Oliver, head of longevity and mortality research for Medical Intelligence, will discuss not only the impacts of air pollution on health and life expectancy but also how as an industry we should be addressing it.
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Webinar: Opportunities for Actuaries in Banking
Online webinar10 July 2019
The actuarial profession has much to offer the world of banking. In this webinar actuaries with experience in various fields of banking will talk about the opportunities there are in banking; describing the actuarial aspects of the work they do as well as other roles within their area of banking. -
Implications of 2019 IFRS 17 Exposure Draft
Staple Inn Hall, High Holborn, London, WC1V 7QJ24 July 2019Towards the end of June, the International Accounting Standards Board (IASB) is expected to publish an Exposure Draft (ED) of limited changes to its insurance contracts standard IFRS 17, effective date 2022. To help IFoA members, the IFoA’s cross-practice Financial Reporting Group (FRG) is hosting an event at Staple Inn covering these developments.
For more information on the FRG please visit this webpage.
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NOCA event - IFRS17 methodology selection, consistency and impacts
N/A26 July 2019Presenter: Rahul Verma
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NoCA Event - Periodic Payment Orders (PPOs): the most extreme life risks are in non-life companies
N/A30 August 2019Presenter Matt Modisett
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KSS event – The Regulatory Perspective
Deloitte Saltire Court 20 Castle Terrace Edinburgh EH1 2EG5 September 2019This 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
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Sessional Research Event - Risk Margin Working Party
Staple Inn Hall, High Holborn London, WC1V 7QJ9 September 2019For life insurers in the UK, the risk margin is one of the most controversial aspects of the Solvency II regime. Following its implementation, the risk margin came under considerable criticism for being too large and too sensitive to interest rate movements. These criticisms are particularly valid for annuity business – such business is of great significance to the national system for retirement provision. This criticism has led to political interest, and the risk margin was a major element of the Treasury Committee inquiry into Solvency II.
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GIRO Conference 2019
EICC, The Exchange, 150 Morrison St, Edinburgh EH3 8EE24-26 September 2019GIRO 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. -
NOCA event - Discount Process Is The Problem
N/A27 September 2019Presenter Jon Spain
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Life Conference 2019
The Convention Centre Dublin, Spencer Dock, North Wall Quay, Dublin 120-22 November 2019The 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. -
Autumn Lecture 2019, London - Rt Hon Nicky Morgan MP
Lincoln's Inn The Treasury Office, London WC2A 3TL2 December 2019The 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.