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Institute and Faculty of Actuaries

Institute and Faculty of Actuaries

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Facts

  • Being an actuary means having highly valued mathematical skills and expertise
  • Actuaries use their skills to help measure the probability and risk of future events
  • An actuarial career can be one of the most diverse, exciting and rewarding in the world

Contact

Institute and Faculty of Actuaries

Tel: 020 7632 2100

Email:

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330 High Holborn
London

London
WC1V 7PP

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Overview

We are the UK's only chartered professional body dedicated to educating, developing and regulating actuaries around the world.

An actuary is someone who works within the business and financial sector.  They use their great mathematics, statistical, probability, modelling, numerical and problem solving skills to model and predict the risk before business decisions are made.

If you love maths and want a career where you use your mathematical skill every day then becoming an actuarial professional might be for you.

You can either work towards becoming an actuary or a Certified Actuarial Analyst which is a technical, support professional.

The Institute and Faculty of Actuaries (IFoA) came into being on 1 August 2010. It is the UK's only chartered professional body dedicated to educating, developing and regulating actuaries based both in the UK and internationally

At a Special General Meeting held on 25 May 2010 voting members of the Faculty of Actuaries in Scotland and the Institute of Actuaries voted in favour of a merger of the two bodies

The Queen in Council granted an amendment to the Royal Charter of the Institute of Actuaries in terms that converted it to the Charter for the IFoA.  The assets, liabilities and membership rights of the Faculty of Actuaries in Scotland were transferred on that same day to the IFoA and the Royal Charter of the Faculty of Actuaries in Scotland surrendered.

Under our Royal Charter we have a duty to put the public interest first

We represent and regulate over 28,000 members worldwide for the benefit of the outside world and oversee their education at all stages of qualification and development throughout their careers.  By joining the IFoA, members are making a personal commitment to high standards of education, competence and integrity.

The Institute and Faculty of Actuaries (IFoA) is a unique organisation to work for

We are the UK’s only chartered professional body dedicated to educating, developing and regulating actuaries. Our members are based both in the UK and internationally.  We represent and regulate members and oversee education at all qualifying stages as well as providing continuous professional development throughout their careers.

We recruit people from a wide range of disciplines

We offer careers in a wide range of disciplines.  If your job application is successful, you will be working in one of our five Directorates:

  • Chief Executive's Office
  • Engagement and Learning
  • General Counsel
  • Operations
  • Public Affairs and Research.

We have a generous compensation package

We offer competitive salaries and benefits.  Example benefits include a generous employer pension contribution, healthcare, enhanced holiday provision, professional development opportunities and much more.

We offer learning and career development opportunities

We take learning and development seriously and have a structured performance development process which captures key objectives and individual development needs, as well as career development ambitions.