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:
Desired qualification level
|Minimum work experience required||Minimum competencies required*||Minimum number of formal learning hours|
|Prior 2 January 2019||Associate||12 Months||
|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.
Member 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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