Membership & Education

New Pathway for FCIA Candidates

We are evolving CIA education to meet the diverse needs of those on the path to Fellowship and innovating to ensure the future health of the profession.   

What you need to know

In order to keep up with the pace of change, we are taking advantage of today’s technology and best practices to make qualification pathways more relevant and responsive to the diverse and ever-evolving needs of candidates and stakeholders.

The updated approach to Fellowship is meant to emphasize practical considerations:

  • Modern delivery methods will be accessible to candidates across Canada in both official languages.
  • FCIA track-based modules cover both traditional practice areas and new options like banking.
  • Three 100% virtual FCIA exams (approximately four hours each) will be administered securely online for each fellowship track.
  • The exams will assess the candidate’s ability to apply technical skills to real scenarios, focusing on practical application rather than on rote memorization.
  • For Pathways 1 and 2, the experience requirement remains at 36 months including 12 months of Canadian experience accrued while holding the ACIA designation, but only the Canadian experience will need to be certified by an FCIA.
  • For Pathway 3, the experience requirement will be 36 months of Canadian experience since the attainment of another recognized Fellow designation. A fast-track examination option is available.
  • New education pathways are financially self-sustaining and will not impact dues.

Updated pathway to FCIA designation

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Transition process and timeline

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 first half of 2022.