It's essential that you have excellent mathematical skills
Most actuaries start their training after they graduate by joining an actuarial firm as a trainee. Being in an actuarial job will develop your skills which will help you with your exams.
Most UK actuarial employers will be looking for trainees with a good degree (2:1 or above)
Employers favour candidates with degrees in a numerate subject such as mathematics, statistics, economics, engineering, chemistry, physics or actuarial science. We have compiled a list of mathematical subjects which you should have an understanding of in order to qualify as an actuary. You will study these subjects in your degree, and/or whilst working as an actuarial student.
The minimum requirements for admission as a student member of the IFoA are:
|Qualification||Key subject||Minimum grade||Other|
|A-Levels (England)||Mathematics||B||Plus a second A-level in any subject at grade C|
|Scottish National Qualifications Authority Higher||Mathematics||A||Plus two further passes in any subjects at grade C|
|Irish Leaving Certificate||Mathematics||A||Plus four further passes in any subjects at grade C|
Other international qualifications must be equivalent to the above.
- If you have a second class honours degree or above in a non-mathematical subject, the mathematics A-level requirement is reduced to a grade C.
- If you have a third class honours degree or above in a mathematical or actuarial science degree, the mathematics A-level requirement is dropped.
Apply to become a student member of the IFoA
Download the Application form for Student membership
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You can contact the Careers team at:
Institute and Faculty of Actuaries, 7th Floor Holborn Gate, 326-330 High Holborn, London WC1V 7PP
We aim to respond to all enquiries within five working days.