UK Practice Modules

The workshop format is a facilitated, online, group discussion based on a case study.

We expect each workshop to last about 2 to 3 hours and have a maximum of 10 candidates taking part.

Before the workshop

The case study will be made available to delegates one working day before the workshop is due to start.

Delegates will be expected to review and consider the case study ahead of the workshop. But they will NOT be required to provide submissions ahead of the workshop (please note this is a change to the previous communication).

During the workshop

During the workshop delegates will be given the opportunity to discuss the case study. They will be asked to provide their assessment of the scenario and how they would deal with the scenario they are presented with.

Individuals are expected to:

• demonstrate qualities in line with the competency framework for the PC role
• demonstrate a good understanding of the current market and regulatory environment in their chosen specialism, drawing where necessary on the learning resources provided

To demonstrate competency at the workshop, individuals will be expected to:

• engage with both facilitators and others attending the workshop
• demonstrate their own understanding of the scenario, as well as contributing to the group discussion
• demonstrate an ability to challenge, and respond to challenge, during the discussion

Delegates can expect to be asked individual questions from the facilitators arising from the group discussions taking place on the day.

After the workshop

Following the workshop, delegates will be informed of the outcome via email.

See Chief actuary case study for life practice modules (80 KB PDF)

Please note, this case study is for illustration only. It indicates the general format and style that all the case studies for all the practice modules will have.

The details for each case study will be appropriate to the practice module the candidate is taking.

We expect the normal range will be from 3 to a maximum of 10, depending on demand and availability of facilitators.

This depends on the availability of volunteers from the profession in the relevant areas.

You would book your place through the members’ area of the IFoA website. The member services team will be happy to help if you encounter any problems or have any questions.

No, this is not required during the transitional period under which a pass in the multiple choice exam remains valid until 31 May 2024. If a PC is not obtained by the candidate before the transitional period expires, then attendance at a workshop within the 2 years prior to applying for a PC will be required.

See PC Scheme transitional arrangements (66 KB PDF)

18 months from 1 December 2022.

We anticipate that around 4 hours preparation will be required and half a day set aside for attendance.

At this point in time we are working on preparing online workshops, but we have not excluded the possibility of in person workshops in the future.

This is possible, but again depends on demand as candidates seeking to obtain a PC for the first time would take precedent. Helping to facilitate the workshop could offer a development opportunity for existing PC holders.

Core reading materials for P2, P3, and P4 are available for purchase via the IFoA eshop.