Launching Chartered Actuary
How the Chartered Actuary designation helps to protect our profession
Be chartered. Be seen.
The Chartered Actuary designation was officially launched in November 2024
The designation is now available to all qualified members of the IFoA.
Since launch, more than 4,000 members have opted to claim chartered status, taking advantage of its unique standing among the world’s actuarial qualifications.
Protecting and promoting the quality of our professional qualifications and standards to a global audience
For some years now, actuaries have been moving into roles outside the traditional practice areas of insurance and pensions.
The IFoA believed there was a need to communicate, simply and clearly, what actuaries bring to these non-traditional roles.
At the same time, there was a growing need to protect the value of IFoA qualifications, and to make sure those who earn them are recognised for their achievements.
Chartered status in other professions has always been recognised as an indicator of professionalism and a high degree of qualification.
Extending that designation to our members increases appreciation of the qualifications they have achieved, and offers reassurance that they work to a high and exacting set of standards.
It also offers a degree of protection, as only IFoA-qualified actuaries may use the Chartered Actuary designation.
That sets them apart from other professionals doing actuarial work, who might also describe themselves as actuaries without having a formal qualification.
Chartered Actuary, by emphasising the distinction offered by IFoA actuarial qualifications, helps to protect our profession and to ensure employers and organisations continue to afford it the value it deserves.
Jake Iveson, Chartered Actuary (Fellow) and Consulting Actuary, Oliver Wyman
As we grow outwards, we need to protect and communicate our standards and responsibilities. We need people to know they can trust us and that they can demand a high degree of quality. Chartered status is, I think, what our profession needs to maintain that trust. It denotes quality and expertise.
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Chartered actuary in person
Chartered Actuary status enables us to promote understanding of the actuarial profession to a wider audience. A bold and innovative public-facing campaign directly targets that audience, featuring case studies from members who have chose to claim the chartered designation. Meet some of them below.
Next page: Creating Connections