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Pathway 2

Students and recent graduates of an accredited university

If you are a student currently studying actuarial science at an accredited university or a recent graduate, you can explore your options for pursuing your ACIA designation.

Complete some education with another actuarial organization and then complete your ACIA/FCIA through the CIA Education System

This is the partnership route. It is designed for people with full or partial Associate-level qualifications from another actuarial organization who wish to become an ACIA. They can then join Pathway 1 to complete requirements for ACIA or FCIA through the CIA’s education and examinations.

You might consider this path if:

  • You want to leverage your accredited degree and/or existing UAP credits and some completed exams of the SOA or CAS to achieve the ACIA designation
  • You want to avoid any duplication of effort or missing credits
  • You want to reduce travel time and lower costs for you and your employer
  • You are either exempt from or meet the requirements for the new ACIA modules or ACIA Capstone Exam, or you can wait for the ACIA modules and ACIA Capstone Exam to be ready
  • You see value in having more than one Associate-level actuarial designation but are satisfied that you need only one Fellow designation – FCIA
  • You realize that FCIA as a standalone designation is eligible for work in the United States, with appropriate qualification from the American Academy of Actuaries

Steps for Pathway 2

  • Complete your degree and any remaining mandatory courses through an accredited program or education from another actuarial organization
  • Successfully complete the ACIA modules (if not exempt)
    Learn about our syllabus
  • Pass the ACIA Capstone Exam (if not exempt)
    Learn about our syllabus
  • Complete the Professionalism Workshop
  • Complete ACIA membership application
  • Pursue FCIA if and when ready

Students and graduates of non-accredited universities or other professionals

If you are a student or graduate of actuarial sciences at a non-accredited university, or a professional considering a career as an actuary, you can explore your options for pursuing ACIA designation.

Ways to become an ACIA

Pathway 2: Have your Associate-level qualifications assessed by the CIA and continue through our education system

If you are an individual who already has or are considering getting Associate-level qualifications from another recognized actuarial organization, you can explore your options for pursuing ACIA designation.

Recognized Associate designations include those granted by:

  • Actuarial Society of South Africa (South Africa)
  • Casualty Actuarial Society (United States)
  • Institute and Faculty of Actuaries (United Kingdom)
  • Institute of Actuaries of Australia (Australia)
  • Society of Actuaries (United States)
  • Society of Actuaries in Ireland (Ireland)

This is the partnership route. It is designed for people who wish to become an ACIA and who have full or partial Associate-level qualifications from another actuarial organization. They can then join Pathway 1 to complete requirements for ACIA and/or continue on to FCIA designation through the CIA’s education and examinations.

You might consider this path if:

  • You want to leverage your Associate-level credential from another actuarial organization to help achieve ACIA and possibly FCIA designation
  • You want to avoid any duplication of effort, reduce travel time and lower costs associated with designation
  • You see value in having more than one Associate-level designation
  • You are satisfied that an FCIA designation will meet your Fellow-level needs both in Canada and internationally (if you want another Fellow-level credential, you can consider Pathway 3)
  • You want to keep your options open
  • You may want to pursue FCIA through innovative, open-book, online CIA Fellowship exams and modules

Steps for Pathway 2

  • Find out if your completed credentials and/or exams are recognized by the CIA
  • Successfully complete the ACIA modules (if not exempt)
  • Complete the Professionalism Workshop
  • Complete ACIA membership application
  • Pursue FCIA if and when ready

Associates or Fellows of actuarial organizations not recognized by the CIA

If you have an Associate- or Fellow-level designation from another actuarial organization that is not recognized by the CIA, here are options you can explore for getting your ACIA or FCIA.

Recognized Associate or Fellow designations include those granted by:

  • Actuarial Society of South Africa (South Africa)
  • Casualty Actuarial Society (United States)
  • Institute and Faculty of Actuaries (United Kingdom)
  • Institute of Actuaries of Australia (Australia)
  • Society of Actuaries (United States)
  • Society of Actuaries in Ireland (Ireland)

How to become an ACIA

Pathway 2: Have your existing qualifications assessed and then complete your ACIA through the CIA Education System

This is the Affiliate route. It is designed for people who have an Associate- or Fellow-level designation from actuarial organizations that are not recognized by the CIA, who live in Canada, and who wish to become an FCIA by completing the CIA’s education and examinations.

You might consider this path if:

  • You want to have your qualifications achieved to date recognized by the CIA to help achieve ACIA designation
  • You want to avoid having to duplicate any work or retake any exams
  • You want to avoid any delays in your plan to achieve ACIA
  • The timing of the first availability of CIA modules and exams is acceptable to you
  • You see the value in holding multiple designations

Steps for Pathway 2

  • Contact the CIA to ensure you meet the criteria for enrolment in the Affiliate route
  • Apply to have completed coursework and exams assessed by the CIA
  • Complete all requirements to become an ACIA member
  • Complete the Professionalism Workshop
  • Complete ACIA membership application
  • Pursue FCIA if and when ready