Becoming a Fellow
What is an FCIA?
A Fellow of the Canadian Institute of Actuaries (FCIA) can effectively apply the Canadian practice-specific standards, legislation, concepts and techniques of actuarial science as defined in the CIA’s education syllabuses, and has demonstrated a required amount of experience, including Canadian actuarial practice.
FCIAs have opportunities across a variety of industries, from more traditional roles in insurance and pensions to emerging opportunities in banking and predictive analytics. FCIAs have a highly valued toolkit that can be applied in new environments in alignment with personal interests and goals – the possibilities are nearly endless. Fellows can append the initials FCIA to their names and may fulfill certain reserved roles in Canada.
On average, it takes seven to nine years to become an FCIA, including university education, or one to three years after achieving another Fellowship-level credential from a recognized actuarial organization.
Why you should consider obtaining your FCIA designation
An FCIA designation shows potential employers, clients, and other professionals that you possess a particular and highly sought-after professional skill set and the experience to apply it in a specialized way. As a member of the CIA, you belong to the premier community of actuarial professionals in Canada and around the world. You are recognized for putting the public interest ahead of your own and for advocating on issues affecting Canadian society and its financial future. Your FCIA designation can help advance your career and open new opportunities in traditional and emerging areas of actuarial science.
Choose your FCIA pathway:
FCIA Syllabuses
Designed as an integral part of the journey to Fellowship, the FCIA syllabuses detail the learning outcomes for five FCIA specialty tracks. Each track is comprised of two online FCIA modules and three online, open-book FCIA examinations.
Important dates
FCIA modules available
The FCIA modules are not only a requirement for becoming an FCIA, but they can also be used for continuing professional development (CPD).
FCIA exam administration
All FCIA exams will be offered bilingually online using an open-book format to allow participants to demonstrate the practical application of the technical skills learned. Each track will have three four-hour exams.
Mark your calendars for the following FCIA exam dates:
- April 9, 2025 (FCIA Exam 3 – Group Benefits Reserving)
- May 28, 2025 (FCIA Exam 1 – Product Design and Group Benefits Environment)
- Oct 22, 2025 (FCIA Exam 2 – Group Benefits Product Pricing)
- Sep 3, 2025 (FCIA Exam 3 – Group Benefits Reserving)
- Apr 16, 2025 (FCIA Exam 3 – Pension Risk Management)
- Jun 4, 2025 (FCIA Exam 1 – Pension Funding and Regulation)
- Oct 29, 2025 (FCIA Exam 2 – Financial Reporting)
- Sep 10, 2025 (FCIA Exam 3 – Pension Risk Management)
- Apr 23, 2025 (FCIA Exam 3 – Risk Management)
- Jun 11, 2025 (FCIA Exam 1 – Finance and Valuation)
- Nov 5, 2025 (FCIA Exam 2 – Product Design)
- Sep 24, 2025 (FCIA Exam 3 – Risk Management)
- Apr 30, 2025 (FCIA Exam 3 – Enterprise Risk Management, Economic Capital Modelling and Stress and Scenario Testing)
- Jun 18, 2025 (FCIA Exam 1 – Pricing)
- Nov 12, 2025 (FCIA Exam 2 – Estimating Unpaid Claims and Financial Reporting under IFRS 17 – Insurance Contracts)
- Oct 1, 2025 (FCIA Exam 3 – Enterprise Risk Management, Economic Capital Modelling and Stress and Scenario Testing)
- May 7, 2025 (FCIA Exam 3 – Risk Management)
- Jun 25, 2025 (FCIA Exam 1 – Financial Products)
- Nov 19, 2025 (FCIA Exam 2 – Valuation and Financial Considerations)
- Oct 8, 2025 (FCIA Exam 3 – Risk Management)
- May 14, 2025 (FCIA Exam 3 – Banking Applications)
- Oct 15, 2025 (FCIA Exam 3 – Banking Applications)
Ask your education questions every Friday on Zoom
Join us every Friday from 12:00-12:30 ET to speak with our education experts about the education pathways. We can’t wait to answer your questions about becoming an actuary!
Schedule change! There will be no session on February 14. Our weekly Zoom sessions will resume on February 21.
Ready to become an FCIA?
If you have completed all prerequisites, as per the FCIA qualification pathways (including any exemptions or credits for such prerequisites), and are ready to apply for membership, please submit your request to [email protected].
Continuing professional development
The needs of our profession and our clients are continually changing. CPD requirements ensure our members stay up to date and relevant, that the ACIA and FCIA designations continue to be recognized as valuable, and that our standards of professionalism are always refreshed and upheld.
