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  #51  
Old 05-25-2018, 09:55 AM
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Don't forget that to be an "FCIA" you have to be an "ACIA" (for 2 years?).
I think it's 1 year, but in any event, I still have ERM and FSA modules to go, so I've got time.
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  #52  
Old 05-25-2018, 10:45 AM
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Is the EL job market being shittier in Canada more to do with the crappy market or over saturation of candidates? I know both play a role, but what’s the main driver?
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My particular company still brings in a good number of newbies every year for the rotation program, so I have a biased perspective. Also, they hired me with no experience and only 2 exams, PRAISE ****** - but that was 8 years ago.

I think the more immediate crisis is the number of new or near FSA's that are now sitting in the pool wondering if there will be any permanent director roles available for them. The story may be different in Toronto.
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  #53  
Old 05-25-2018, 10:58 AM
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  #54  
Old 05-25-2018, 12:15 PM
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All I had to do to get ACIA was take the Canadian version of the professionalism workshop and send in my SOA transcript (not saying I didn't wait an entire year to send that email... but I digress).

Getting ACIA is essentially just putting a tiny Canadian flag at the end of your name.
sounds similar to MAAA to me. I think MAAA is required to sign stuff for non-pension actuaries, but it's just a piece of flair for pensions actuaries. although, actually, ASA is just a piece of flair for us too. We need EA to sign stuff.
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Old 05-25-2018, 01:33 PM
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sounds similar to MAAA to me. I think MAAA is required to sign stuff for non-pension actuaries, but it's just a piece of flair for pensions actuaries. although, actually, ASA is just a piece of flair for us too. We need EA to sign stuff.
Not really; ACIA is another money grabbing thing by CIA.

MAAA is equivalent to FCIA. You have to be an FCIA to be an appointed actuary or to testify in court as an actuary.
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  #56  
Old 05-25-2018, 01:39 PM
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Oh, there must be other uses of "FCIA" as they charge CAD $1300 per year and ask you to do some CPD.
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  #57  
Old 05-25-2018, 02:40 PM
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Oh, there must be other uses of "FCIA" as they charge CAD $1300 per year and ask you to do some CPD.
What is that in real money, like $3.50?
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  #58  
Old 05-25-2018, 03:16 PM
Pension.Mathematics Pension.Mathematics is offline
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What is that in real money, like $3.50?
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  #59  
Old 05-26-2018, 11:04 AM
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Not really; ACIA is another money grabbing thing by CIA.
Well they do need funding to support the university accreditation program.
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Old 05-26-2018, 02:11 PM
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Well they do need funding to support the university accreditation program.
To be fair to the CIA, the designation was created with good intention. CIA thought international students studying in Canada would go for it and then it would become an internationally recognized designation. CIA also expected SOA to recognize UAP. (MHOs and I could be 100% wrong).

AA, if you want to know about UAP, you should attend ARC; normally CIA rep makes a presentation about UAP.
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