Chartered Actuary
More of our members are recognising the benefits of Chartered Actuary status
Chartered Actuary status denotes a level of professionalism, expertise and regulatory distinction that is valued by members.
Why qualified members are adopting chartered status
What does chartered status mean to members who have chosen to adopt it?
In this first full year of offering qualified members the option to adopt Chartered Actuary status, we have seen a steady increase in the number opting to do so.
Speaking to some of those members has offered an insight into their reasons for choosing to use the designation and to add the C.Act post-nominals to their titles.
Those reasons are summed up below:
To achieve maximum visibility Adopting Chartered Actuary status from the IFoA adds the final seal to hard-earned actuarial qualifications. By improving understanding of the value of the profession, denoting a level of expertise not shared by others and communicating professionalism, it enhances visibility of both individuals and the profession as a whole.
To protect professional standing
Chartered status, in any profession, is a widely recognised mark of regulatory distinction. It is particularly important in the actuarial profession, because under current regulations anyone undertaking actuarial work may describe themselves as an actuary.
Chartered Actuary status is only available to qualified IFoA members. It signifies that you have achieved exceptional levels of expertise and that you adhere and are held to stringent professional standards.
To communicate achievement
Chartered Actuary status is an unequivocal way to demonstrate that you have achieved IFoA qualifications – widely accepted as being some of the most demanding in the world.
It differentiates and distinguishes you from those who do not share your educational and professional achievements.
To offer reassurance
Adopting chartered status is a way to show clients, employers and wider audiences that you adhere to the globally recognised professional standards set and regulated by the IFoA.
To improve understanding of the profession
'Actuary' may not always be properly understood, but 'chartered' is universally recognised as denoting professionalism and expertise. Adopting the Chartered Actuary title helps employers, particularly in non-traditional work settings, to understand the value actuarial practitioners can bring.
Amrita Pattni
FIA C.Act
Calling yourself a Chartered Actuary gives you that air of authenticism, of credibility. It’s a great way to protect our profession and our qualifications. It’s also good to update and rebrand now and then, just to tell more people about who we are and what we do, as well as why that matters. I think there’s a great deal of value in it.
Jake Iveson
FIA C.Act
Chartered status is, I think, what our profession needs to maintain that trust. It denotes quality and expertise. I’m proud to be an actuary, and of the work we do, individually and collectively, to help others. I believe that’s something that deserves to be protected, now and in the future.
Mukami Njeru
FIA C.Act
Chartered Actuary is important because the name ‘actuary’ is not protected. Technically, anyone doing actuarial work can call themselves an actuary. Having the chartered title is a way to protect the qualifications you’ve earned, and to immediately show the professional standards you’ve achieved.
Member adoption
Total percentage of members who have adopted Chartered Actuary designation
Chartered Actuary photoshoot
