Qualified Work Experience as a Government Actuary
I’m an actuary working in state government. I will be receiving my Fellowship in the Society of Actuaries this year. After that I’d like to go through the CFA program. However, I believe I may have an issue with the Qualified Work Experience portion of the requirement.
Specifically, I do not work in the private sector and do not directly influence the investment decisions of any particular company. We do reviews of companies, and those reviews typically involve reviewing assets related to actuarial liabilities. Our regulatory directives or recommendations do end up influencing the company’s investments, but I’d gather this may be seen by the institute as indirect instead of direct influence.
I’ve reached out to the institute to get an opinion on my situation, but have been told nothing definitive could be done until I’ve basically passed the tests and applied for my charter.
My questions are:
- Would my work experience count?
- Will not working under a CFA severely affect the probability of my experience counting?
- Has anyone been in a similar situation, and what was the out come?
I understand I probably haven’t included enough information for anyone to make any strong opinions, but I wanted to get a sense of what was possible before going any further. Thank you in advance for your considerations.
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