After you qualify as a Certified Actuarial Analyst (CAA)

Now that you’re a qualified CAA, you have the opportunity to join one of the associations that are a part of CAA Global

You can opt to join the Institute and Faculty of Actuaries (IFoA), based in the United Kingdom or the SOA Center for Certified Actuarial Analysts, a subsidiary of the Society of Actuaries (SOA), based in the United States.

CAA Pathway

Once you’ve qualified as a Certified Actuarial Analyst, are there routes to the IFoA Associate and Fellowship qualifications?

Having qualified as a CAA and gained some valuable work experience, you may wish to consider embarking on an actuarial career by undertaking the professional IFoA examinations through to Associate and Fellow.

The study that you have undertaken will prepare you for the core principle subjects, particularly the Actuarial Statistics (CS) and Actuarial Mathematics (CM) subjects, which we suggest you should attempt first.

The IFoA has developed a pathway to provide an opportunity to gain some exemptions from these two subjects. This involves some additional formal assessments to ensure that material not studied during your CAA has been appropriately covered.

If you wish to continue with your professional studies and qualify as an actuary, through the IFoA examination route the following exemptions are available to you during the April and September 2025 exam sessions (only):

• Exemption from CS1 providing you sit and pass our CS1 B Paper which will cover the gaps between the CAA and IFoA syllabus.
• Exemption from CM1 providing you sit and pass our CM1 B Paper which will cover the gap between the CAA and IFoA syllabus

These pathway assessments are available to you during the April and September 2025 exam sessions.

Booking for these assessments will open at the same time as IFoA exam bookings. Further information can be found on the key dates webpage. Please contact the Member Service team to book your space for these pathway exams.

Fees:

• CS1 Paper B £200
• CM1 Paper B £200

Benefits of IFoA membership 

If you decide to join the IFoA you will be eligible for benefits such as:

• Professional Recognition
  You are part of a highly respected profession. Your membership of a globally respected actuarial body will be recognised, wherever you are in the world.
• Employability
  Your commitment to life-long learning and development allows you to enjoy a rewarding and successful career.
• Community
  You are part of a global community which will support your development and encourage you to share ideas and advice.
• Support
  Whether it is our extensive library resources, our exam counselling service, or guidance on ethical and technical enquiries that may arise in your day-to-day actuarial work we will support you no matter what stage of your career you are at.
• Research and knowledge
  You have access to a range of high-quality focused publications, journals and events. You can contribute to and access original research that advances actuarial science.
• Regulation
  As a regulated professional you have credibility as an expert who is internationally recognised.
• Promotion and policy development
  You are a member of a Royal Chartered professional body with a remit to act in the public interest. We actively seek opportunities for actuaries to contribute to public policy debates, helping secure a healthy future for the profession.

Please view our membership page on gaining Certified Actuarial Analyst membership to understand how to become a member of the IFoA now that you are qualified.