Qualified consulting actuaries can join the ACA, usually by approaching a contact the ACA has at their firm or direct to the Secretariat. For membership eligibility rules click here. All those who join are individual members of the ACA (we do not offer corporate membership) and presently the membership fee is either £145 per year for a Full or Affiliate member or £125 per year for an Associate member. Membership offers a fantastic ‘value for money’ proposition.
We detail below a few of the key benefits of membership and the activities available:
- Sessional and Regional meetings: keeping abreast of topical issues and upwards of 13 hours CPD each year
The ACA runs nine Sessional meetings, each of 1½ hours duration, followed by a social dinner. These meetings are open to all members and provide insights into topical professional and public policy issues and challenges, providing additionally for CPD hours (certificated). Meeting attendance is free to members – dinners presently cost £72 (in VAT) including pre-drinks and wines. Additionally, each year, three Regional meetings are organised in Scotland, the North and the Midlands, along similar lines to the Sessional meetings. Each also offers CPD of 1½ hours – meetings are free, including post-meeting receptions.
As well as external speakers, members with particular skills and interests are often invited to address these meetings.
- Conferences: topical and technical issues considered and each offering upwards of 6 hours CPD
The ACA also runs two major conferences for members, each offering CPD of in excess of 6 hours and networking opportunities, as well as social dinners. Over 500 of our members attend these events each year, offering both plenary sessions and a wide range of seminars on topical technical, professional and softer skills sessions. There is a fee for conference attendance, but members’ generally view the cost as highly attractive compared to the cost of commercially run events.
- Committee work: influencing public policy and more CPD opportunities
The ACA has a number of standing committees which monitor and make representations in areas of work where consulting actuaries work. The Committee list features on the website along with thumb-nail descriptions of their remits. To join a Committee, members need to be recommended by their firm – usually firms can only have one member appointed to each committee, with a final decision resting with the Main Committee.
The work of Committees is vital to the work of the ACA in both representing the interests of members and also influencing public policy in the correct direction.
- Younger Members’ Group
For members generally under age 35 with less than 10 years’ experience, there is a Younger Members Group, which organises a number of activities.
- Other events
The ACA also runs a number of other events such as an Annual Dinner, presently held at Claridge’s, where we have a prominent speaker as guest of honour. We also run a Charity Golf Day each year at West Hill GC in Surrey, which is open to all members at a modest cost with a wide range of prizes. The day raises funds for Get Kids Going! – a charity supporting disabled children in their sporting activities.