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The Actuary The magazine of the actuarial profession


  • Student page August 2014 Talking the talkJessica Elkin discusses the communications exam (CA3), and examines the pitfalls and problems students should watch out for 07 August 2014
  • IFoA and FRC issue statement on actuarial standardsThe Institute and Faculty of Actuaries (IFoA) and the Financial Reporting Council (FRC) have issued a joint statement on actuarial standards. 25 July 2014
  • AOTF July 2014 Actuary of the future - July: Katie JohnsonKatie Johnson of... 03 July 2014
  • Besijana_Mati Besijana MatiBesijana works at PricewaterhouseCoopers in Toronto, Canada. She is an avid long-distance runner and enjoys competing in trail running races. Another passion is playing classical music on the piano. Besijana speaks four languages and so favours watching foreign films, with her close circle of friends. 03 July 2014
  • Adhnan-Chaudhry Adhnan ChaudhryAdhnan was born and grew up in Edinburgh. He currently works for Ernst & Young in the general insurance sector specialising in reserving, capital modelling and Solvency II. He describes himself as sporty, enjoying climbing, and more recently scuba diving with friends. He is a member of the IF0A. 03 July 2014
  • Brice Brice BalagourouBrice is a 23-year old French actuarial consultant working for the Pericles Group (Paris). His interests include travel and watching American and Asian cinema. He is a member of the English Drama Association and is co-treasurer of Les Actuaires De Dauphine. He is a member of the Institut des Actuaires. 03 July 2014
  • Yvette Yvette LawYvette is from Malaysian Borneo and now working as an actuarial executive in Kuala Lumpur. Her hobbies include listening to jazz and reggae. Her favourite activity on the weekend is exploring the city, and enjoying the many relaxing beaches and islands that Malaysia has. She is a member of the IFoA. 03 July 2014
  • Saunak-Dutta Saunak DuttaSaunak is from the city of Kolkata in the eastern part of India. He works as an actuarial analyst for RSA India. He describes himself as fun-loving, and enjoys spending time with friends and family, travelling to new places and is football mad. He is a member of the IFoA and the Institute of Actuaries of India. 03 July 2014
  • HSliva Hélio SilvaHélio was born in a small town in Torres Vedras, 30 miles from Lisbon. He currently works for the Insurance and Pension Funds Supervisory Authority of Portugal. Despite his fanaticism for Lisbon, he enjoys travelling and discovering new cultures and customs. He is a member of the IFoA. 03 July 2014
  • Miguel Seixas Miguel SeixasBorn in Portugal, Miguel is a 24-year old graduate in mathematics applied to economics and management, and an MSc in Actuarial Science, from the ISEG, University of Lisbon. He currently resides in Madrid working for AXA. His passions include live music and travelling. He is a member of the IFoA. 03 July 2014
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UK Actuarial Profession qualifications

Actuarial student
The aim of the actuarial education strategy is to equip the actuaries of the future with the skills they will need for their employers and clients. All exam subjects can be taken by well-established distance learning methods, but the Institute and Faculty of Actuaries also makes use of university-based education.
Students can become Associate members of the Institute and Faculty and gain the right to describe themselves as an actuary and to use the letters AIA or AFA.
As an actuary and an Associate of the Institute and Faculty, members have a breadth of expertise that brings wide and varied opportunities.
Members of the profession who wish to continue their studies to an advanced level, or who specialise in a particular actuarial field, may take further specialist exams to qualify as a Fellow. Fellows use the letters FIA or FFA and are highly sought after as experts in their chosen field.
Chartered Enterprise Risk Actuary
CERA is a global risk management qualification which the UK Actuarial Profession is accredited to award to members who meet certain criteria. It aims to address the urgent need for highly-qualified risk management professionals worldwide, especially in the financial sector.
Affiliates have the same rights and privileges as Honorary Fellows except that an annual subscription is payable and they are not entitled to use designatory letters.

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