Membership & Education

New CIA Qualification Pathways

We are moving forward with new qualification pathways that provide flexible and innovative options designed to meet the evolving needs of those becoming an actuary in Canada and ensure the integrity of the profession for years to come.

Why are we making this change?

The CIA is responsible and accountable for the qualification of actuaries in Canada. As new challenges emerge, we recognize the need to innovate in our approach to actuarial qualification for efficiency and to meet the needs of a diverse candidate population.

We believe there is a better way and the time to make it happen is now.

The CIA’s new qualification pathways will be innovative and agile, leveraging today’s technology and best practices to deliver a more inclusive, responsive, and collaborative education solution. We will offer greater flexibility for candidates and members who want options while maintaining both the quality and international portability of our designations.

The impact on your actuarial journey

It takes time and dedication to become an actuary. Our new pathways will deliver more flexible options based on your background and future goals, provide clear transition rules, and ensure that no efforts are duplicated and no candidate is left behind.

See what that means for you based on where you are on the actuarial path.
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Students and ACIA candidates

FCIA candidates

FCIA members and employers

Whether you are studying actuarial science, pursuing an ACIA designation, or just considering your options, here’s what you need to know.

Wondering how this transformation impacts your practice areas and path to Fellowship? Here’s the information you need right now.

See how the new approach will maintain the rigour, reputation, and portability of the FCIA designation, and how it benefits employers.

Learn more Learn more Learn more

Key benefits of the new approach

Innovative and agile programs

Delivering high quality education that leverages up to date technology and collaborative curriculum development to reshape the knowledge of future actuaries.

Greater choice and flexibility

Bringing together technology for flexibility in program delivery, accredited universities for foundational skill development, and CIA-enabled practical education.

Tailored Canadian content

Providing access to practical knowledge specific to the Canadian context in both English and French.

Open book exams

Rethinking evaluation to focus on the practical application of knowledge in ways that better represent real-world experience.

Cost containment

Achieving a sustainable revenue model that will enable program development and help defray other costs.

Practical considerations

Qualification pathways

Three qualification pathways have been developed to provide an inclusive approach to becoming an ACIA or FCIA.

 pathwayone Pathway 1 is for those achieving qualification entirely through the CIA. A degree including mandatory courses established by the CIA from an accredited university is supplemented by CIA-administered education and exams to obtain an ACIA designation. FCIA is obtained through CIA Fellowship exams, modules, PEC, and practical Canadian work experience. 
 pathwaytwo Pathway 2 is for candidates with partial or full Associate qualifications achieved through other recognized actuarial organizations who wish to become an ACIA and/or FCIA.
 pathwaythree Pathway 3 is for professionals who already hold a Fellowship in another recognized actuarial organization who want to become an FCIA. It is designed to recognize practical actuarial work experience in Canada. Obtain experience or fast-track by writing a CIA-specified exam.

During a transitional period, a combination of UAP credits and education and examinations of other actuarial organizations may be accepted in lieu of some ACIA/FCIA requirements. Complete details for the pathways and final transition rules will be available in the later in 2022.

Timing of the change

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Format of ACIA and FCIA exams

Modules and exams will be offered online through a fully bilingual and secure online platform to enable remote participation. Exams will use an open-book format to de-emphasize rote memorization and better reflect real-world conditions.

SOA, CAS, and CIA

The Society of Actuaries (SOA) and Casualty Actuarial Society (CAS) are international education providers, while the CIA is focused on delivering Canadian-specific actuarial education that also gives candidates global perspectives on practice. We welcome candidates in the SOA and CAS education system who wish to become members of the CIA via Pathways 2 and 3, however, we will no longer be relying solely on the examinations of other actuarial organizations. The CIA is the governing, standards-setting, and disciplinary body for the actuarial profession in Canada, much like the American Academy of Actuaries in the US.

International recognition of ACIA/FCIA

Portability of our designations is a high priority for the CIA. We are committed to strong global citizenship to help ensure best-in-class education and opportunities for members. While our international partners will take time to evaluate all aspects of the new education pathways, we are confident the same or even enhanced levels of international recognition and portability will be available to our members in the future.

Membership in the American Academy of Actuaries is highly recommended for any CIA members or candidates who intend to do work destined for the US or who are pursuing opportunities specifically in the US. FCIA holders may also earn an MAAA with the requisite US experience. Always check the local qualification standards, regulations, and legislation of the country or region that the work is intended for to ensure you are qualified to do the work.

Recognition of in-progress ACIA/FCIA qualifications

We are focused on providing clear transition rules and ensuring that no efforts are duplicated and no candidate is left behind. Learn more on our pages for students and ACIA candidates, FCIA candidates, and FCIA members and employers.

Have questions?

This page will be updated as we have new information to share. If you have any questions, contact [email protected].