Information for Candidates
The CIA will grant credit to candidates for writing the specified Society of Actuaries (SOA)/Casualty Actuarial Society (CAS) exams towards achieving Associate or Fellow membership with the CIA. Candidates will, upon completion of the required courses, and upon obtaining official university course transcripts, apply to the CIA by the deadlines as determined by the CIA from time to time.
The CIA is a member of the International Actuarial Association, and as such, the portability of the ACIA/FCIA designations is an important priority for the CIA.
The Casualty Actuarial Society (CAS) recognizes CIA UAP credits towards the ACAS and FCAS designations. Also in the United States, the FCIA meets the education requirement of the US Qualification Standards (USQS) set by the American Academy of Actuaries (AAA). A candidate that meets the USQS Actuarial Experience and the Continuing Education requirements may qualify as a member of the AAA (MAAA) and be fully qualified to practice in the US. To qualify as a MAAA and satisfy legal or regulatory requirements that may be applicable, a FCIA who is a resident of the United States for at least three years, or a non-resident or new resident must certify their familiarity with U.S. laws and practices in their actuarial practice area. A FCIA, MAAA counting three years of actuarial experience including one year in the relevant area of US actuarial practice is fully qualified to sign a Statement of Actuarial Opinion in the US. For more details, US qualification standards can be found here
In addition, through Mutual Recognition Agreements (MRA) with the Institute and Faculty of Actuaries in the United Kingdom, the Society of Actuaries in Ireland, the Institute of Actuaries of Australia and the Actuarial Society of South Africa, CIA candidates pursuing the UAP or traditional examination have many options for international practice.
The FCIA designation is well-recognized and well-respected internationally, and the CIA, through its high standards for education, will ensure that the CIA members continue to be held in high regard.
In addition to the specific university’s internal policies on conduct, including academic misconduct, candidates pursuing credits for writing professional examinations shall also be subject to the Code of Conduct and Ethics for Candidates in the CIA Education System
and the associated Policy on Code of Conduct and Ethics for Candidates in the CIA Education System
For more information, please visit the page Granting Credits
- Application Form