To become an Associate member you need to complete the following:
- Core Principles subjects (CS1-2, CM1-2 and CB1-3) either by examination or exemption
- Core Practices subjects (CP1, CP2 and CP3) either by examination or exemption
- Personal and Professional Development (PPD)
- Professional Skills Course
To qualify as a Fellow you need to complete the following:
- Core Principles subjects (CS1-2, CM1-2 and CB1-3) either by examination or exemption
- Core Practices subjects (CP1, CP2 and CP3) either by examination or exemption
- Two Specialist Principles (SP0, SP1, SP2, SP4, SP5, SP6, SP7, SP8 and SP9) subjects either by examination or exemption
- One Specialist Advanced (SA0, SA1, SA2, SA3, SA4 and SA7) subject by examination or dissertation
- Personal and Professional Development (PPD)
- Professional Skills Course (if you have not yet taken this course you must do so within 12 months of becoming a Fellow)
Further information on modules, including the syllabus and specimen papers, can be found under Curriculum 2019
Changes to the Qualification Structure
On 2 January 2019, the IFoA delivered its new curriculum, with the first examinations being sat in April 2019. This was the culmination of an extensive consultation with a wide group of stakeholders.
Alongside these curriculum changes the IFoA made some changes to the qualification structure which we want to alert you to. These are as follows:
- Associateship qualification All students joining the IFoA from 2 January 2019 are required to qualify as an Associate before progressing to Fellowship. They will do this after completing or gaining exemptions from the Core Principles and Core Practice subjects and a minimum of 2 years of PPD.
- The pathway to Fellowship All students joining from 2 January 2019 are still able to take the IFoA examinations in any order, but if they complete the examinations required to become a Fellow prior to becoming an Associate, they are still required to complete a further year of PPD before becoming a Fellow.
- Who is affected Existing students who joined the IFoA before 2 January 2019 may not be affected by these IFoA changes.
Contact Details
Education Services Team
education.services@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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Professional Skills Training Webinar - 21 April 2021
21 April 2021Climate-Related Risk - This free to view webinar on Climate-Related Risk is the first in a series focusing on some of the ‘Hotspots’ identified in the JFAR Risk Perspective bringing the Risk Perspective to life with practical illustrations and insights from subject experts from the IFoA and other Regulators
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Recent decades have seen institutions, such as employers and financial services, give people more choice and flexibility, but these freedoms have come with more responsibilities. Individuals are now responsible for managing more of their own financial risks, from ensuring they put enough money into their pension to securing affordable protection to be financially resilient.
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Actuarial Innovation in the COVID-19 era
This event is online.26 April 2021 - 7 May 2021Join us for this brand new IFoA webinar weries comprising of a fortnight of webinars, panel sessions and a hackathon, that showcase the range of ways in which the actuarial profession has added value, in the public interest, to the understanding and management of the current and future pandemics through insight and learning.
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This event is also repeated on Tuesday 27 April, 09.00-10.30. Please click here to register your place if Tuesday is your preferred choice.
Actuaries have a lot to offer biodiversity management over the next decade as the world develops more depth to its response to this global challenge. This sessional offers an opportunity to learn about this emergent risk, to contribute to our thinking as a profession and help us develop the next steps forward.
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Europe Town Hall
28 April 2021IFoA Immediate Past President John Taylor would like to invite you to the Institute and Faculty of Actuaries’ (IFoA) virtual Europe Town Hall, hosted by John Taylor with IFoA Council Members Alan Rae, Jennifer Hartley, Maribel Vasquez Flores and IFoA Chief Executive, Stephen Mann.
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Mis-estimation risk is a key element of demographic risk, and past work has focused on mis-estimation risk on a run-off basis. However, this does not meet the requirements of regulatory regimes like Solvency II, which demands that capital requirements are set through the prism of a finite horizon like one year. This paper presents a value-at-risk approach to mis-estimation risk suitable for Solvency II work
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Finance & Investment Virtual Conference 2021
Available to watch globally in May.10-12 May 2021This year's Finance and Investment Virtual Conference takes on the timely theme of ‘resilience’, something we have all learnt a lot more about in the last year! Our diverse range of talks will explore the theme of resilience in a variety of ways including in building robust investment portfolios, in the incorporation of ESG factors, in govern
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Wearables in insurance: a win-win opportunity
14 May 2021This talk will explore the potential benefits that wearable tech can bring to health & protection insurers and their customers. The traditional approach of integrating wearables into insurance has largely focused on measuring steps and using rewards-based incentive programs to encourage more activity.
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Join us for this talk with Professor Sir Adrian Smith as part of the 'Dr Patrick Poon Presidential Speaker Series'. Professor Smith joined The Alan Turing Institute as Institute Director and Chief Executive in September 2018. In November 2020, he became President of the Royal Society, in addition to his leadership of the Turing. He is also a member of the government's AI Council, which helps boost AI growth in the UK and promote its adoption and ethical use in businesses and organisations across the country. He received a knighthood in the 2011 New Year Honours list.
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CILA 2021
Available to watch globally in May.19-21 May 2021We continue to live in a world of global uncertainty. Survival depends on our ability to simultaneously navigate through the diverse root-causes, ranging from: the consequences of Climate Change; on-going financial consequences of the COVID pandemic; or self-imposed changes in regulatory requirements and accounting standards.
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Pensions Conference 2021
Online webinar series16-22 June 2021Welcome to the programme for our 2nd Virtual Pensions Conference. This year's conference features 11 webinars offering members and non-members the opportunity to get up to date content from leading experts in the pension industry. There will also be opportunity to ask questions and contribute to the discussion.