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Conceptual profiles of potential candidates

Our market research results have enabled us to develop a detailed picture of some of the potential

candidates who would want to hold, and who could benefit from the Certified Actuarial Analyst (CAA).Conceptual case studies of potential candidates for the CAA are set out below.

Personas in India

An employee working in the actuarial technical team of a large insurance firm

I work in a team of 50 actuarial technical staff for a large insurance firm in Mumbai, India. In the firmthere are 800 people working in the technical team. Our employer is very supportive of putting usthrough qualifications and has been known to support staff through the Chartered Institute ofInsurance (CII) and the Pension Management Institute (PMI) exams. In my role I concentrate onpensions valuations: it is a very technical, numerate role.

The Certified Actuarial Analyst qualification would be good for me to take as it would give me a formalqualification and it would give me a good background to the work that I am undertaking for the fewqualified actuaries that work for the firm.

A university student from Delhi University

I am in my final year at Delhi University, studying actuarial science and looking at my options for a

career. I have been looking at career paths within the finance sector but the job market is socompetitive. Employers want us to have many qualifications before they will even consider us - it ishard to stand out from the crowd.

I have heard of the Certified Actuarial Analyst qualification and think that it is a good way to show anemployer that I can take professional exams and have financial knowledge, and therefore that I am agood investment. With so many people coming in without the right entry level qualifications it will giveme a way to show my new skills and qualification to employers.

An employee working in a data analytics team for an insurance firm

I work in a team of 30 data analysts for an insurance firm in Kolkata, India. I have a degree ineconomics. Whilst I want to work in this function and like working with actuaries, I dont want to qualifymyself. The problem I find is that I dont understand the context to the business that actuaries do and Iwant to make sure that I can progress in my career.

The company I work for is encouraging me to do the Certified Actuarial Analyst qualification. They saythat it would give me the context to the work that actuaries do, then perhaps I may understand thedata that I am analysing in more detail. It would also give me a formal qualification to put on my CVand of course a certificate to take home and show my parents.

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Personas in Kenya

A university student graduating from Strathmore University, Kenya

I have just completed a course in actuarial science at Strathmore University. I was consideringbecoming an actuary, but the length of time it takes to qualify and the cost is putting me off.

I have heard about the Certified Actuarial Analyst qualification, and I think that I will undertake this asa gateway to getting a good job with a reputable employer. I hope this will give me good leverage intothe actuarial profession, enhance my knowledge about the profession and help me to build up myconfidence.

An analyst working in a large insurance firm in Kenya

I am working as an analyst in a large insurance firm. As part of the changes in the insurance market inKenya, I am being given the opportunity to undertake the Certified Actuarial Analyst to help build theactuarial team that is needed. It is an exciting prospect for me, as I had wanted to become an actuary,but the cost and time was too much for me to undertake. This qualification is perfect, as it gives me aprofessional qualification within the regulatory framework that is essential for our business to develop.

Personas in the UK

A school leaver in the UK

I have just left school, I have 3 As in Maths, Economics and Physics and Im wondering what to donext. Most of my friends are looking at going to university but I am really keen to get into work and

start earning some money! Ive been looking for companies who support school leavers and the typesof qualifications that they offer, which is where I came across a position for a Certified Actuarial

Analyst. I think that it would give me a lot of skills, a lot of knowledge about working in the financesector and a professional qualification. I think its a great opportunity for me to progress within theindustry.

A graduate in the UK

I have just graduated from Leeds University with a 2:1 in Engineering. I recently gained a job workingfor an Insurance firm supporting a number of different teams within the firm. We have been given theopportunity to take a qualification which is brilliant. I heard about the Certified Actuarial Analyst fromone of the teams that I work with. It would give me an opportunity to learn more about the differenttypes of work that people in the finance industry can do, I can use my maths and stats and it will giveme a professional qualification. I hope that this qualification will help me to grow within my role andpotentially help me to develop when the time comes.

UK Technician/Analyst

I am working for a large consultancy firm as an actuarial analyst. I had previously started on theFellowship route but after a few years of undertaking the exams I decided to proceed in an analystrole rather than completing the exams. Recently I have learned about the Certified Actuarial Analystand I am interested to gain a formal qualification, recognising my technical skills and gaining aqualification from the IFoA. I believe that not only will this benefit me in my current role, but it will allowme to develop my CV for future work.