Reviewed by Apex Insurance Brokers · Last reviewed 2026-06-22
Reviewed by Apex Insurance Brokers · Last reviewed 2026-06-22
Reviewed by Apex Insurance Brokers · Last reviewed 2026-06-22
~2 min read
Reviewed by Apex Insurance Brokers · Last reviewed 2026-06-22
Category: Actuarial fundamentals · Reviewed by Amy Price, Account Executive · Last reviewed
In short: A Fellow of the Institute of Actuaries (FIA) is the senior IFoA qualification, awarded on completion of all required examinations, work-based skills, the professionalism course and a defined period of relevant experience. The equivalent Scottish designation pre-2010 was FFA (Fellow of the Faculty of Actuaries). Both remain post-nominal letters following the 2010 merger.
Examination route (current syllabus)
Core Principles (CP) — actuarial mathematics, statistics, business modelling, economics.
Specialist Principles (SP) — selected by area (e.g. SP7 General Insurance Reserving & Capital Modelling, SP8 General Insurance Pricing, SP1 Health and Care).
For specific senior roles (e.g. Chief Actuary roles under the SM&CR, signing actuary roles), a Practising Certificate is required in addition to FIA status. Holders must demonstrate continued competency through CPD and recent relevant experience.
Our service promise. We acknowledge every quote request the same working day. For straightforward risks, indicative terms typically follow within five working days. Complex risks — higher-risk buildings, cladding, mid-term proposals requiring fresh underwriting — may take longer; we’ll send you a progress note by the end of the fifth working day in those cases.
