Institute and Faculty of Actuaries (IFoA)

The Institute and Faculty of Actuaries (IFoA) is a professional body for actuaries in the UK. Actuaries are specialists in analyzing financial risks using mathematics, statistics, and financial theory, often working in insurance, pensions, and investment sectors. The IFoA supports its members through professional development, setting ethical standards, and promoting the actuarial profession. It also provides guidance on educational pathways to become an actuary, ensuring that practitioners possess the necessary skills and knowledge to effectively manage complex risk scenarios in finance and insurance.