Members with ACIA designation
If you have already achieved your ACIA designation, here are options you can explore for getting your FCIA.
This is the CIA route and will become the new standard in Canada moving forward. It is designed for people with an ACIA designation who want to become a Fellow of the CIA through our fresh, modern, innovative and practical Education System.
You might consider this path if:
- You pursued Pathway 2 — because it eventually merges with Pathway 1 for fellowship exams
- You want to reduce travel time and lower costs associated with designation
- The timing of the first availability of CIA modules and exams is acceptable to you
- You are satisfied that an FCIA designation will meet your needs both in Canada and internationally
- You want to pursue FCIA through innovative, open-book, online CIA fellowship exams and modules
Steps for Pathway 1
- Be an ACIA member for at least 12 months while accruing Canadian experience
- Successfully complete (any remaining) requirements for an FCIA specialty track
- Successfully complete the CIA Practice Education Course [[LINK]]
- Demonstrate required practical and Canadian-specific experience
- Complete FCIA membership application (if not completed as part of Pathway 2)
This is the partnership route. It is designed for people who have some SOA/CAS fellow-level qualifications and who wish to become an FCIA. They can join Pathway 1 to complete requirements for FCIA through the CIA’s education and examinations.
You might consider this path if:
- You want to have all of your qualifications achieved to date recognized by the CIA to help achieve FCIA designation
- You have decided not to finish another fellow-level designation
- You want to avoid having to retake any exams or encounter unexpected requirements
- You want to avoid any delays in your plan to achieve FCIA
- You want to reduce travel time and lower costs associated with designation
- The timing of the first availability of CIA modules and exams is acceptable to you
- You are satisfied that an FCIA designation will meet your needs both in Canada and internationally
- You want to pursue FCIA through innovative, open-book, online CIA fellowship exams and modules
Steps for Pathway 2:
- Apply to have completed coursework and exams assessed by the CIA
- Complete FCIA membership application
- Continue pursuing FCIA on Pathway 1
In this route, you complete your fellow-level designation through another actuarial organization before having it recognized towards your FCIA designation. You can take the experience route or the fast track. Fast-tracking requires ACIA designation to be completed first.
You might consider this path if:
- You want to complete a designation(s) from another actuarial organization before becoming FCIA and you are actively doing Canadian work
- You prefer to use the SOA or CAS education system as opposed to the new CIA open-book fellowship exams and modules
- You want to hold more than one fellowship designation
- You don’t want to wait for the first availability of FCIA modules and exams in the CIA Education System
Steps for Pathway 3 – Experience route:
- Successfully complete the CIA Practice Education Course [[LINK]]
- Successfully complete an FCIA specialty track module (when available)
- Demonstrate 36 months of practical and Canadian-specific experience, certified by an FCIA, accrued since achievement of fellow-level designation
- Complete FCIA membership application
Steps for Pathway 3 – Fast-track route:
- Successfully complete the Fellowship examination determined most relevant by the CIA
- Successfully complete the CIA Practice Education Course [[LINK]]
- Demonstrate 36 months of practical actuarial work experience including 12 months of Canadian-specific experience, certified by an FCIA
- Complete FCIA membership application