This page tells you more about how bringing actuaries on board could benefit you
If you’re operating in the financial sector, you’ll already understand the benefits of actuarial expertise. But actuarial science is continually evolving into new areas and applications.
More and more organisations, from governments to charities, multi national businesses to tech startups, are finding out what actuaries can add to their organisations.
Actuaries are experts who help you make decisions.
Using mathematical and risk analysis, behavioural insight and business acumen, they examine complex organisational issues, drawing insights that help decide how to address them.
Actuaries who gained their qualifications through the Institute and Faculty of Actuaries (IFoA) can describe themselves as chartered.
As with other professions, chartered status for actuaries denotes regulatory distinction, offering assurance that the holder has the relevant qualifications and expertise, and adheres to the highest professional standards.
Currently, anyone doing actuarial work may call themselves an actuary, regardless of their qualifications. Chartered status, however, may only be used by those who have achieved the level of qualification, professionalism and expertise demanded by the IFoA.
Chartered status of IFoA Fellows and Associates is a recognition of:
Chartered Actuaries can use the designations Chartered Actuary (Associate) or Chartered Actuary (Fellow).
They may also use these post nominals:
You may also see badges like these on their professional profiles.
Chartered Actuary status is a widely recognised mark of regulatory distinction, that assures you and your stakeholders that your people are qualified and held to a protected, globally recognised standard.
That allows you to:
Direct your colleagues to our chartered actuary for members page, where they can update to chartered status.
Answers to common employer questions about Chartered Actuary status.
Encourage your colleagues to visit actuaries.org.uk/chartered-actuary-for-members, where we guide them through the process of claiming their chartered status.
While we encourage all IFoA qualified members to adopt the Chartered Actuary designation and post-nominals, we understand that some qualified members may wish to continue to use their established designations.
Yes. Anybody admitted as an Associate or Fellow by a MRA will be entitled to use the appropriate chartered designation. MRAs are currently in place with: Actuaries Institute (Australia), Actuarial Society of South Africa, Institute of Actuaries India, Israel Association of Actuaries.
Meet some of the people who daily use mathematical and risk analysis skills, behavioural insights and business acumen to look at complex issues and help decide how to address them.
We’ll be sharing member stories from around the world on a regular basis, so keep an eye out for updates.
Masimba Zata’s actuarial career sprang, like many others, from a love of maths. But while it had a traditional beginning, he’s now working in a decidedly non-traditional field.
“My career started off in pensions, then went into insurance,” he says. “I worked for various companies before moving into the technology sector with Moody's.
“I’m now a subject matter expert in the development of actuarial software, with an active role in the development of software products as well as managing and supporting my team.”
“When people hear ‘chartered’, they get the impression of a high degree of qualification.”– Masimba Zata, Chartered Actuary
We’ll be sharing member stories from around the world on a regular basis, so keep an eye out for updates. If you’ve employed an actuary who is helping to transform your organisation, we’d love to hear from you.
