The UK Practice Modules are designed to provide candidates with the opportunity to contemplate real-life issues they may encounter as a practising certificate holder.
The format of the practice modules has moved from online multiple-choice-based exams to facilitated online workshops based around relevant case studies. Practice module candidates will be required to attend an online workshop relevant to their particular practice area. The workshops will be facilitated by current practising certificate holders and education actuaries from the IFoA.
On this page you can find:
The revised practice module core reading and online workshops will be available for:
All workshops are held online, 09:30 to 12:30 UK time.
The case study will be made available to delegates 2 working days before the workshop is due to start.
If you do not see a workshop for your chosen practising certificate, please contact us at memberservices@actuaries.org.uk.
We plan to hold workshops on:
Bookings will open as soon as dates are confirmed.
We are holding workshops on:
We are holding workshops on:
We are holding workshops on:
We are holding workshops on:
We are holding workshops on:
You can book your place through the members’ area. Or you can get in touch at memberservices@actuaries.org.uk. Our Member Services team will be happy to help.
Please note only Fellows of the IFoA are eligible to attend these workshops.
£155 for eligible members.
If a workshop you would like to attend is fully booked, you can register your interest in attending a future workshop at memberservices@actuaries.org.uk. We will let you know when new dates become available.
Strengthen your grasp of UK actuarial practices not fully covered in fellowship exams with our comprehensive P2, P3, and P4 core reading materials. Printed copies are available for purchase alongside each UK Practice Module via our e-shop.
These valuable resources cover specific topics aligned with each module, including:
If you are a current (or recent) practice certificate holder and would be interested in facilitating a workshop, please get in touch.
Find out more at UK Practice Module Facilitator.
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.
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 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:
To demonstrate competency at the workshop, individuals will be expected to:
Delegates can expect to be asked individual questions from the facilitators arising from the group discussions taking place on the day.
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.
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.
If you have any questions about membership please email us or call us on +44 (0) 131 240 1325. Response times can be found in our membership FAQs.