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.
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:
- Recording PPD: what do I need to do?
- Transition from Work-based skills/work experience Form A/B to PPD
- PPD pro-rata requirements
- Monitoring your PPD
- PPD for 2019 Joiners
To be recorded as a 2020 qualifier you will need to meet the following deadlines by:
|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.|
- 26 May 2020
Education Services Team
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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