What is the difference between CAA and other qualifications/membership categories?

DAT
What is it?

CAA

Associate

Fellow

Certificate awarded after completing

Professional membership

Professional

Professional membership

A professional risk

CT1-9

qualification

membership

qualification

qualification awarded by 1

Diploma in Actuarial Techniques

Certified Actuarial

qualification
Title

CERA

Actuary

of 14 global bodies
Actuary

Analyst
Level of education

A-level and degree requirements or

required

CT1

Exam requirement

CT1-9

Take and pass Module 0

Chartered Enterprise
Risk Actuary

A-level and degree

A-level and degree requirements.

Associate or Fellow

requirements. Or CT1

Or CT1

taken ST9 (if a member of

CT1-9, CA1, CA2 and

CT1-9, CA1, CA2, CA3, ST x2

ST9 as an Associate or

CA3

and SA x1

Fellow

IFoA)

Work based skills

Modules 0-5

None

1 year

1 year

3 years

None

None

Yes one stage

Yes two stages

Yes two stages

None

Any further

Yes to become an Associate or

Yes Continuous

Yes Continuous

Yes Continuous Professional

Yes CERA seminar

training?

Fellow

Professional Development

Professional

Development (CPD) and a

(CPD) and a

Development (CPD)

professionalism requirement

professionalism

and a professionalism

requirement

requirement

None

CAA

AIA/ AFA

FIA / FFA

CERA

What do I want to

An actuary but I want recognition for

A professional technician

An actuary but without

An actuary, specialising in a

A global risk professional

become?

the exams Ive done so far

or analyst

specialist knowledge of

particular field

requirement
Professionalism
requirement

Letters after your

name

a particular field
What kind of job

You will need to complete the exams

A technical or analytical

An actuary working

An actuary working in a variety

In a variety of different

can I get when Ive

for Associate of Fellow to be

role probably in an

in a variety of different

of different roles/companies with

organisations as a risk

finished?

recognised for the skills youve gained

actuarial team

roles/companies

specialist knowledge

professional