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27 February 2019
 
Dear Member

We value you as a member. 

We hope you are enjoying the benefits of your membership with the IFoA. This month's newsletter brings you information about  developments and changes concerning your examinations, as well as exciting opportunities to get engaged in the community.

 
Online examinations update

We have started implementation work on the new online assessment platform with the aim of it being ready for the September examinations. Testing of the current modified platform for April has been successful and full instructions for those students sitting these examinations will be issued in the usual way.

 
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CP3 results - September 2018

We have become aware that recent CP3 exam candidates have heard that there has been a further review and are questioning whether their result changed as result of this. During the appeals window it was identified that the policy of marking and implementing the criteria for rescaling the pass mark had not been correctly implemented.   

       

As a consequence of this, a request was submitted to the CP3 examining team to carry out a script review on a number of exam scripts which were below, but close to, the revised pass mark. Following on from this a number of candidates were identified as having met the pass standard and they were advised immediately. Having now completed that script review process we have identified that there are a number of candidates for whom the final outcome remains the same but where the final awarded mark has remained unchanged or moved either up or down. We can confirm that no candidate has moved from a pass to fail.

 

Those candidates who were affected by the script review have been contacted. We want to reassure you that this does not affect any of the other results released. The IFoA would like to offer our sincere apologies for this error. We strive to maintain the highest professional standards in operating our qualification process but on this occasion we have fallen short of our own requirements.

 
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CT9/CB3 examination schedule

We are working with our suppliers to slightly revise both the format and content for this assessment.

New dates and updated information will be made available on the website as soon as possible. We  apologise for the delay and for any inconvenience caused.

 
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Be prepared for CPD monitoring – it could be you!

10% of all student members who completed stage 3 Professional Skills Training (PST) during 2017/2018 CPD reporting year will be randomly selected for audit.

If you are selected for audit and have used the IFoA’s online material to meet the PST requirement, your participation in these activities will be verified internally and you will be notified accordingly.

If you are selected for audit and have completed the PST requirement using material sourced elsewhere, you will be asked to provide evidence of participation in the activities. You will also be asked to demonstrate a relevant learning outcome which meets at least one of the objectives set out in schedule three of the CPD Scheme.

 
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EVENT  
Spring Lecture: Additional live-stream London venue confirmed
Date 13 March   location The Old Library, Lloyds, One Lime Street, London   link  Register

In conjunction with the Scottish Board.

 

Owing to the popularity of this year’s Spring Lecture, delivered by Professor Sir John Curtice, an additional venue has been added for those wishing to attend a London livestream event.

Professor Sir John Curtice Is a political scientist and  Professor of Politics at the University of Strathclyde and Senior Research Fellow at NatCen Social Research. He will be discussing Brexit.

 
 
Students today, actuaries tomorrow

"The turnout was outstanding, and it was a great experience for me to see young minds keen on pursuing actuarial science."

 

Saket Saraogi, student member and career ambassador, recently conducted the first seminar of its kind on data science and actuarial careers, at Narsee Monjee College of Commerce and Economics. Saket regularly conducts seminars and presentations promoting the profession in Kolkata. Share your experience.

 
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Volunteer with the IFoA

There are many ways you can help raise the profile of the Institute and Faculty of Actuaries and promote the profession, offering many benefits for personal development, networking and contributing to the advancement of our work:

 

• UK Student Consultative Forum – Representative based in Northern Ireland
• Global Student Consultative Forums - Representatives based in Americas, East Asia, Europe (excluding the UK and Ireland), Southeast Asia, Australia and New Zealand.
• Data Science Learning Opportunity – members
• The IFoA’s 400 Club - online feedback group – members
• Career Ambassadors (promoting the profession to early careers students)

 

Full details can be found on the volunteer vacancies webpage or email Debbie Atkins, Head of Engagement, to ask for the details to be emailed to you. Read our blog about Celebrating and supporting IFoA volunteer impact.

 
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Advertise your company's vacancies with us
 
Advertise your graduate vacancies

For early career students seeking work experience, the IFoA Actuarial Careers guide showcases the top companies hiring future actuaries, and has become a trusted source of referral for entry-level and graduate opportunities. More than thirty QAS accredited actuarial employers advertised in the current edition, featuring work vacancies in Insurance, Pensions, Finance, Consultancy, Public Sector and more. To advertise in the upcoming 2019/20 guide, email us for a media pack.

 
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