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Practical Work Experience (PPD)

Personal and Professional Development (PPD) is the practical work experience requirement which applies to all IFoA students and Associates on the path to become a Fellow. It is a key component of the IFoA qualification. PPD is the replacement for Work-based Skills (WBS) and Work Experience requirement (Form A/B).

Covid 19 Update

We understand that some students may be continuing to find it difficult to complete PPD if they are working from home or are not able to work/study due to effects from Covid 19. If you are struggling with completing your PPD and would like to record an exemption (break) in your PPD records please get in touch with Education Services. More information on PPD exemptions is available on the 'Monitoiring your PPD' webpage.

Please note: Students or Associates wishing to qualify as Fellow will need to ensure they have a minimum of 36 months work experience recorded, this does not include exemptions or breaks in your PPD record.

Overview of work experience requirements (PPD)

A short webinar running through the key work experience requirements, frequently asked questions and a demonstration on how to use the PPD portal.

How PPD helps develop your skills in the workplace

To work effectively as an IFoA qualified actuary, you need to develop your skills in the workplace.

  • PPD allows you to demonstrate how you have applied in practice the knowledge and skills you have gained through the IFoA examinations.
  • It develops your understanding of the business environment and how to work within a professional and ethical framework.
  • Gives understanding to the need for continuing development of yourself and your skills, and to reflect on the quality of your work and how you can improve in the future.

Why is PPD so important

PPD is designed to make the work related element an integral part of your ongoing learning experience. It brings the requirement into closer alignment with CPD which should be completed separately and in addition to PPD.

PPD requirements

You will need to submit a minimum amount of credits and formal learning hours annually to be able to sit exams and maintain your student membership.

There are three elements to completing PPD:

  • Satisfying a number of core competencies under three key objectives
  • Maintaining a record of formal learning activities undertaken
  • Demonstrating the learning gained from completing these activities

You can find full details about the requirement in our PPD Guides and FAQs:

To be recorded as a 2020 qualifier you will need to meet the following deadlines by:

Date Notice
Friday 22 January 2021 Have completed your PPD requirements, alongside send us all your learning logs and review questions, and a final sign off form completed and signed by a Fellow of an International Actuarial Association.
Friday 26 February 2021 Resolve any final queries on your documents and have these signed off by us.
Friday 5 March 2021 Sign and return the transfer form that we will send you.

Related documents

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

+44 01865 268207

We aim to respond to all enquiries within two working days.

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Events calendar

  • Autumn Lecture 2020: Professor Elroy Dimson

    Online webinar
    14 October 2020

    Spaces available

    Many individuals and institutions have a long-term focus, and invest funds for the benefit of future generations. Their strategy should reflect their long horizon. University endowments are one of the oldest classes of institutional investor, and I will present the first study of the management of these endowments over the very long term.

  • GIRO Conference 2020 Webinar Series

    Available to watch globally in November.
    02-13 November 2020
    Spaces available

    This year's GIRO has been re-designed as a virtual conference to offer members and non-members the opportunity to get up to date content from leading experts in the general insurance field via online webinars. All sessions will be recorded and made available to purchase and re-watch post-event on the IFoA's GI Online Learning Resource area.

  • Life Conference 2020 Webinar Series

    Online
    16 November 2020 - 27 November 2020

    Spaces available

    This year's Life Conference has been re-designed as a virtual conference to offer members and non-members the opportunity to get up to date content from leading experts in the life insurance field via online webinars. All sessions will be recorded and made available to purchase and re-watch post-event on the IFoA's website.

  • Spaces available

    The webinar will discuss the challenges and opportunities schemes face in evaluating end game options, choosing a target state and understanding the impact this strategic decision could have on member outcomes long after the “end state” is reached. Adolfo, Kevin and Rhian bring over 60 years of experience in the industry and a variety of perspectives as scheme actuary, covenant adviser, trustee, de-risking adviser and insurer.

  • Spaces available

    Cash-flow driven investing is a game-changer for DB pension funds navigating their end-game. Suitable for sponsors who want to reduce risks on their balance sheets. And for trustees, it shifts the focus to providing greater certainty of returns, managing funding level volatility and ensuring they have enough income to pay cash-flow requirements.

  • Spaces available

    The talk will provide an understanding of the priorities and relationships between deficit reduction contributions, in the context of wider scheme funding, and different types of value outflow from the employer based on the working party’s recently published report.