Fellowship/Associateship

Associate Qualification

The IFoA Associate qualification is an internationally recognised qualification that demonstrates generalist ability and broad expertise in actuarial science.

Achieving our Associate qualification will mean that you are recognised by employers and peers as a qualified actuary, committed to the highest standards of learning and professionalism.

To qualify as an IFoA Associate you will need to complete:

• 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) 
  • 2 Years (24 Months) of documented experience if you joined after 2nd January 2019 you are required to transfer to an Associate before progressing to Fellow. 
  • 1 year (12 months) if joined prior to that date. You are not required to become an Associate first. 
• Professional Skills Course

Once you achieve our Associate qualification you will have the opportunity to study further to become an IFoA Fellow. You may sit any examination in any order, however, for student members joining after 2nd January 2019 they must obtain the Associate qualification before progressing to Fellow. 

Fellowship qualification 

The IFoA Fellowship qualification is an internationally recognised qualification that demonstrates the highest level of specialist knowledge in actuarial science.

Achieving our Fellowship qualification will mean that you are recognised by employers and peers for achieving the highest qualification in the field of actuarial science, demonstrating depth of specialist skills and expertise. 

To qualify as an IFoA Fellow you will need to complete:

• 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) 
  • 3 years (36 months) of documented experience, or;
  • An additional 12 months after Associate qualification if you joined after 2nd January 2019.
• Professional Skills Course (if you have not yet taken this course you must do so within 12 months of becoming a Fellow)

You can continue to keep your skills current once you achieve our Fellowship qualification with our annual programme of employer-relevant professional skills training, over 100 live and digital event every year and a growing range of post-qualification credentials.

Curriculum

You can find information on modules, including the syllabus and specimen papers, core reading, resources and exam formats on our Curriculum web page. 

View the IFoA Associate and Fellowship qualification structure.

You can find support and resources for IFoA examinations on our IFoA Exams web page and in our Student Handbook.