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CAA Certified members qualifying as an Associate or Fellow - Work experience requirements

Individuals who join the IFoA having obtained the CAA qualification can continue their studies to Associate or Fellow of the IFoA. Along with the assessment requirements, these individuals are required to demonstrate their relevant work experience by completing PPD (personal and professional development).

The PPD requirement for CAA certified members is less than the requirement for IFoA students as CAA certified members have to complete a higher level of IFoA CPD (continuous professional development).

For CAA Certified members who are not looking to qualify as an Associate or Fellow, there is no annual PPD requirement. 

PPD requirements for CAA certified members are as follows:

Joiner Date

Desired qualification level

Minimum work experience required Minimum competencies required* Minimum number of formal learning hours
Prior 2 January 2019 Associate 12 Months

1.1, 2.1

0
Fellow 36 Months

1.1, 2.1

0
Post 2 January 2019 Associate 24 Months 1.1, 2.1 0
Fellow 36 Months 1.1, 2.1 0
Members who join after 2 January 2019 need to achieve Associate status first, and then progress to Fellowship after a further 12 months of PPD recording.

*Competencies 1.1 and 2.1 only need to be completed once before qualification, they do not need to be completed every year.

Complete the final sign off form

When Members are ready to transfer to either Associate or Fellow they should complete and send to us the below final sign off form to confirm they have completed all work experience requirements.

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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

    Patrick Kennedy, Partner at Gateley Legal and Founding Director of Entrust (a leading professional pensions trustee company), will be delivering an update on the latest legal developments during the course of 2020. With both a pensions legal perspective and over 25 years of trustee service, Patrick will seek to highlight how the letter of the law has continued to evolve against the backdrop of a difficult and challenging year

  • 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.