The quality standard
The IFoA’s Quality Assurance Scheme offers accreditation and recognition to organisations that have committed to the highest quality standards.
It provides an outcomes-based framework that helps foster and maintain a culture of quality and continuous improvement, and which demonstrates a commitment to excellence on the part of the holder.
Showcase your organisation’s commitment to excellence and gain
recognition across the actuarial profession through:
Any organisation or a clearly defined part of an organisation that employs IFoA members carrying out actuarial work.
Typically around three months, depending on assessment team availability and the timing of the quarterly QAS Committee meeting.
The QAS Committee, acting on behalf of the Regulatory Board, reviews your application and assessment report. The committee includes lay members and volunteers from diverse industries and regions.
An annual fee is based on the annual turnover of your organisation and the number of IFoA members.
The QAS CPD Scheme is a fully outcomes-focused approach to CPD for organisations (or parts of organisations) accredited under the QAS.
Members employed by a QAS-accredited organisation who opt into the QAS CPD scheme will not be required to comply with the individual requirements of IFoA’s CPD Scheme.
They are also exempt from additional CPD requirements applying under the IFoA’s Practising Certificate Scheme.