UK Practice Modules

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.

 

Format

The UK Practice Modules are facilitated online workshops based around relevant case studies. Candidates are required to attend an online workshop relevant to their particular practice area. The workshops are facilitated by a current (or recent) practising certificate holder in that area.

All workshops are held online, 09:30 to 12:30 UK time, with case studies made available to delegates 2 working days before the workshop is due to start.

On this page you can find:

UKPM categories

The practice module core reading and online workshops are available for:

  • Pension Scheme Actuary
  • Chief Actuary – Life
  • Chief Actuary – Non-Life
  • Chief Actuary – Non-Life with Lloyd’s
  • Lloyd’s Syndicate Actuary
  • With-Profits Actuary

Workshop dates

With-Profits Actuary

There are workshops on:

  • 9 January 2025 – booking closes 26 December
  • 20 February 2025 – booking closes 6 February
  • 28 April 2025 – booking closes 14 April

Lloyd’s Syndicate Actuary

There are workshops on:

  • 5 February 2025 – booking closes 22 January
  • 24 April 2025 – booking closes 10 April

Chief Actuary – Life

There are workshops on:

  • 15 January 2025 – booking closes 1 January
  • 10 March 2025 – booking closes 24 February

Pension Scheme Actuary

There are workshops on:

  • 8 January 2025 – booking closes 25 December
  • 12 February 2025 – booking closes 29 January
  • 13 March 2025 – booking closes 27 February
  • 16 April 2025 – booking closes 2 April
  • 7 May 2025 - booking closes 23 April

Chief Actuary – Non-Life

There are workshops on:

  • 20 March 2025 – booking closes 6 March
  • 15 May 2025 – booking closes 1 May

Chief Actuary – Non-Life with Lloyd’s

There are workshops on:

  • 30 January 2025 – booking closes 16 January
  • 19 February 2025 – booking closes 5 February
  • 5 March 2025 – booking closes 19 February
  • 30 April 2025 – booking closes 16 April
  • 21 May 2025 – booking closes 7 May

Booking information

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.

Eligibility

Please note, only Fellows of the IFoA are eligible to attend these workshops.

Cost of attendance

£155 for eligible members.

Fully booked workshops

If a workshop you would like to attend is fully booked, please let us know you’d like to attend a future workshop by emailing practising.certs@actuaries.org.uk. We will let you know when new dates become available.

Core reading

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:

  • P2: Chief Actuary (Life), With-Profits
  • P3: Chief Actuary (Non-Life and Life without Lloyds), Chief Actuary (non-Life with Lloyd’s), Lloyd’s Syndicates Actuary
  • P4: Pension Scheme Actuary

Applying for a practising certificate

See full details of how to apply for a practising certificate, including eligibility criteria, which practice module to take, and guidance on completing your application.

Learn more about applying for a practising certificate

Supporting us at the workshops

If you are a current (or recent) practising certificate holder and would be interested in facilitating a workshop, please get in touch.

Find out more at UK Practice Module Facilitator.

FAQs

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.

Related resources

UK Practice Modules workshop guide

Guidance and expectations for candidates in the UK Practice Module workshops. 1.29 MB PDF
View guide

Practising certificates

Learn about practising certificates at the IFoA and how to apply for them.
Learn more

Qualification handbook

The IFoA qualification handbook, previously the ‘student handbook’, is an essential document for all our members working towards qualification.

Read handbook

Assessment regulations

Assessment regulations for our 2025 exams. PDF, 330 KB
View regulations
Contact us

Contact us

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.

Email Member Services