Leading Actuarial Institutions — CAS, SOA & IFoA

Discover the prestigious professional organizations that shape the actuarial profession globally through rigorous education, certification, and continuing professional development

Casualty Actuarial Society (CAS)

Property & Casualty Excellence

About CAS

The Casualty Actuarial Society is the premier professional organization for property and casualty actuaries, dedicated to advancing the knowledge and application of actuarial science in general insurance markets. The CAS provides education, research, and networking opportunities for actuaries working in areas such as auto insurance, workers' compensation, commercial liability, and catastrophe modeling.

Key Designations

ACAS

Associate of the Casualty Actuarial Society

Recognizing broad proficiency in actuarial fundamentals and applied P&C techniques.

FCAS

Fellow of the Casualty Actuarial Society

Representing advanced expertise in pricing, reserving, predictive analytics, risk management, and regulation within general insurance markets.

Key Focus Areas

  • Ratemaking & Pricing
  • Loss Reserving
  • Catastrophe Modeling
  • Reinsurance Structures
  • Predictive Analytics
  • Data Science Integration

Society of Actuaries (SOA)

Life, Health & Pension Leadership

About SOA

The Society of Actuaries is the world's largest professional actuarial organization, serving members in life insurance, health insurance, retirement systems, and investment sectors. The SOA advances actuarial knowledge through education, research, and professional development, with a global reach spanning multiple continents and industries.

Professional Designations

ASA

Associate of the Society of Actuaries

Globally recognized foundation-level designation demonstrating core actuarial competencies.

FSA

Fellow of the Society of Actuaries

Advanced fellowship with specialized tracks in various actuarial practice areas.

CERA

Chartered Enterprise Risk Analyst

Specialized designation highlighting expertise in enterprise risk management.

Curriculum Highlights

  • Probability & Statistics
  • Financial Mathematics
  • Risk Modeling
  • Predictive Analytics (PA)
  • Statistics for Risk Modeling (SRM)
  • Machine Learning Integration

Institute and Faculty of Actuaries (IFoA)

UK's Chartered Professional Body

About IFoA

The Institute and Faculty of Actuaries (IFoA) is the UK's only chartered professional body dedicated to educating, developing and regulating actuaries based both in the UK and internationally. The IFoA has over 32,000 members worldwide, with 15,000 Student members and 46 partner universities. The organization champions diversity and inclusion while maintaining the highest professional standards across the global actuarial community.

Professional Pathway

FIA

Fellow of the Institute of Actuaries

Fellowship carries the designation FIA (Fellow of the Institute of Actuaries) or FFA (Fellow of the Faculty of Actuaries).

Chartered

Chartered Actuary Status

Actuaries who gain their qualifications through the IFoA can describe themselves as a Chartered Actuary — a simple way to denote the level of training, professionalism and expertise its holder offers.

The examinations are split into six sections: Core Mathematics (CM), Core Statistics (CS), Core Business (CB), Core Practice (CP), Specialist Technical, and Specialist Applications, providing comprehensive coverage of actuarial principles and practice areas.

Global Presence

  • 32,000+ Worldwide Members
  • 117 Countries Represented
  • 46 Partner Universities
  • Apprenticeship Programs
  • Chartered Professional Status
  • Diversity & Inclusion Focus

Start Your Actuarial Journey in Bermuda

Ready to pursue a career in actuarial science? These prestigious institutions offer the education, certification, and professional development you need to succeed. Actuaries of Bermuda supports your journey through networking, exam support sessions, and a thriving professional community.

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