A bachelor's degree in actuarial studies, mathematics, statistics or operational research is usually required to obtain employment as an actuary. Candidates must also successfully complete a set of exams administered by the Canadian Institute of Actuaries. Successful completion of the first five Institute exams gives applicants student status and successful completion of all ten examinations entitles applicants to use the title of "Fellow". It is possible, and indeed the practice is fairly widespread, to work as an actuary while continuing training to acquire the title of "Fellow".
Team project work