Education Update Dr Trevor Watkins Director of Education
- Slides: 11
Education Update Dr Trevor Watkins, Director of Education Institute and Faculty of Actuaries Presentation Actuarial Teachers’ and Research Conference - Leicester University 11 -12 th September 2012 © 2010 The Actuarial Profession www. actuaries. org. uk
Introduction – Topics to be covered: Ø Analyst development Ø Overseas activity Ø Other developments © 2010 The Actuarial Profession www. actuaries. org. uk 1
Analyst Qualification - Format Ø Subset of CTI – 6 Ø Online MCQ Assessment Ø Aspirational Qualification for support roles © 2010 The Actuarial Profession www. actuaries. org. uk 2
Analyst Qualification - Markets Ø Professionalise Support Roles Ø Higher Apprenticeship Route into the Profession Ø Overseas Markets © 2010 The Actuarial Profession www. actuaries. org. uk 3
Analyst Qualification - Timeline Ø Where are we now? Ø Route to launch? © 2010 The Actuarial Profession www. actuaries. org. uk 4
Overseas Activity - Strategy Ø Retrenchment to ‘ Proactive Engagement’ Ø Statistics: Half student numbers outside UK 70 Countries © 2010 The Actuarial Profession www. actuaries. org. uk 5
Overseas Activity – Key Markets Ø India Ø China Ø Singapore Ø Malaysia Ø Others © 2010 The Actuarial Profession www. actuaries. org. uk 6
Other Developments – University Accreditation Ø 16 to date Ø Coverage of syllabus Ø Increasing range of types Ø Maintaining standards Ø Ensuring equivalence not identity © 2010 The Actuarial Profession www. actuaries. org. uk 7
Other Developments – CERA Ø Award Signatory Status Ø Expansion – Chinese Taipei and Switzerland Ø Role of ST 9 (ERM) Ø Maintaining Standards © 2010 The Actuarial Profession www. actuaries. org. uk 8
Other Developments – Exam Process Ø Move towards publishing pass marks Ø Growth in student numbers Ø Online provision © 2010 The Actuarial Profession www. actuaries. org. uk 9
Any questions? © 2010 The Actuarial Profession www. actuaries. org. uk 10
