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Actuarial Analyst

Salary: Competitve

Location: Nationwide

Application Deadline: EXPIRED

Job Type: School leaver job

Contract Type: Contract

The job

Summary of the job role

About the role:
The Certified Actuarial Analyst (CAA) is a qualification from CAA Global an accreditation body created by the IFoA in the UK and the Society of Actuaries (SOA) in the US.

CAA is not just a gateway to a career in financial services, but many other industries as well; public health, climate change, sustainability, policy work on ageing populations, regulations, infrastructure investment and long term economic policy.

Career options:

Here are some of the jobs and career options available to qualified Actuarial Analysts: actuarial analyst, data scientist, predictive analyst, climate analyst, policy analyst, data modeller, customer analyst modelling and unstructured data analyst.

The great thing about the CAA is that you can join a body as an apprentice to start your career as soon as you leave school. To find out more about that click here.

Early qualification and membership of a professional body:

If you complete the CAA you will be a member of a globally recognised accreditation body CAA Global. Once you have qualified as a CAA you can then decide to join one of the actuarial associations tied to CAA Global such as the IFoA or the SOA.

The nature of the CAA means it has broad appeal. It will be relevant to:

Those employed in wider financial services, perhaps already holding other qualifications, seeking to develop a differentiated skill set that will mark them out in the job market
School leavers with strong maths skills who want to start their career and learn on the job without having to undertake a degree
Degree level candidates who are interested in actuarial work.


Continue reading to learn what it's like to work at The Institute and Faculty of Actuaries

Life at The Institute and Faculty of Actuaries for apprentices

Actuarial apprenticeship schemes

For most of the apprenticeship opportunities you will need to have a Mathematics A level at grade A or B, although some companies may look for other subjects.

There are two schemes available for apprenticeships:

1) A trailblazer apprenticeship scheme where you will either take the CT1 exam or the first two modules of the CAA qualification. This is a government run initiative and is assessed at the final stage by City and Guild. This will last around two or three years and will include work experience to ensure you are a truly well-rounded employee at the end.

Certified Actuarial Analyst (CAA) is a professional qualification provided by the Institute and Faculty of Actuaries (IFoA), available to everyone - you just need to love maths!

The CAA will equip you with useful business and finance skills by developing your technical, strategic and analytical knowledge. The qualification takes 2-3 years to complete.

2) An apprenticeship that is run internally at an employer. You will get to choose what qualification you want to embark on and you will still get the same level or work experience, but the assessment will be done in-house.