Welcome to The Institute and Faculty of Actuaries

The Institute and Faculty of Actuaries

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What is the Institute and Faculty of Actuaries (IFoA)?
The Institute and Faculty of Actuaries (IFoA) is the UK's only chartered professional body dedicated to educating, developing and regulating actuaries based both in the UK and internationally.
What is an actuary?
Actuaries are highly regarded professionals; actuaries are problem solvers and strategic thinkers with a deep understanding of financial systems

Being an actuary means having highly valued mathematical skills and expertise
Actuaries come from different academic backgrounds but share a love of maths even if they haven't done a maths degree. When you train as an actuary you'll learn how to analyse data, evaluate financial risks, and communicate this data to non-specialists.

Actuaries use their skills to help measure the probability and risk of future events
Every area of business is subject to risks so an actuarial career offers many employment options, including banking, insurance, healthcare, pensions, investment but also non-financial areas.

An actuarial career can be one of the most diverse, exciting and rewarding in the world
Members of the Institute and Faculty of Actuaries (IFoA) are part of a globally recognised profession and have internationally-recognised qualifications.

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Actuaries work with a number of professionals in areas such as data analysis, pricing and financial product marketing – these professionals are often called Analysts. Through CAA Global, a new accreditations body with the Society of Actuaries (SOA) in the US, we have launched a qualification call the Certified Actuarial Analyst (CAA). This qualification professionalises the work that actuaries do in the actuarial industry. It is a great opportunity for you to work in the industry and work on a broad range of technical work.

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