All of our high quality Faculty of Actuaries tutors are interviewed and background-checked before tutoring on Spires.
|jennifer||Neha||23 Jun 2021||Faculty of Actuaries||Well prepared and knowledgable|
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Why Choose Spires’ Faculty of Actuaries Tutoring?
Why study for the Faculty of Actuaries?
The Institute and Faculty of Actuaries (IoFA) is the professional body for actuaries in the United Kingdom. Its primary aim is to support actuaries throughout their careers so that they are equipped with skills, attributes and knowledge that can be applied to all aspects of financial risk management in industries such as banking or insurance. It offers several professional qualifications at different levels, from students to honorary members. These include Certified Actuarial Analyst, Continuing Professional Development, Chartered Enterprise Risk Actuary Qualification (CERA).
Actuarial science is a niche field that not many people pursue. But it is certainly one that is always in demand. From predicting and mitigating negative risks like natural disasters to knowledge of risk management strategies like diversification and hedging, an IoFA certification prepares students for positions that require broad knowledge applicable in a variety of situations.
What is the Faculty of Actuaries useful for?
Actuarial science can be supplemented with additional certifications in mathematics and statistics. For example, you could earn a master's degree in mathematical modelling, a valuable skill for solving real-world business problems and challenges. Mathematics supports fields like actuarial science by providing quantitative arguments that underlie their application and facilitate decision-making in both pure and applied fields.
It provides a useful language for describing, solving and validating problems that actuaries predict. Alternatively, if you are studying for a Masters in Industrial Mathematics, it is particularly suitable if you wish to apply your advanced skills in an industrial context. The programme is also excellent preparation for doctoral study.
Studying statistics provides lifelong learning opportunities for actuaries who want to understand how the world works. Understanding basic statistical tools is an essential requirement for any field and valuable in any industry, but it is best suited for IoFA graduates. It would lead to less diversification in your career as a mathematical modeller than it would in refining your actuarial skills.
What careers can studying for the Faculty of Actuaries lead to?
If you consider yourself mathematically gifted, there’s no better field for you than actuary sciences. The fact that fewer people go on to become an actuary is a significant advantage to you as an IoFA graduate.
Here are some career options for those who undertake the IoFa certification:
Senior Actuarial Analyst
Senior Actuarial Analyst
Commercial Lines Pricing Actuary
Assessor and Appraiser
How does the Faculty of Actuaries help with the Certificate in Insurance (Chartered Insurance Institute)?
You may be wondering how actuarial science can be related to insurance. Well, actuarial science is the mathematics of risk and probabilities. It combines data analysis with computer technology to find solutions to all sorts of problems. The reason why actuaries are in high demand by insurance companies is because they have to predict exactly how much money is needed for a claim after an event occurs. Otherwise, the funds would be depleted before the claims were even paid. For example, actuaries analyse mortality rates or risk ratios of different age groups when it comes to life expectancy projections, and they analyse potential investment risks and gains from stocks by examining their past performance over periods such as a day or a month.
How expert IoFA tutoring can help you
Teachers will take the time to assess your starting point then develop a personalised syllabus to work towards your objectives. Online classes will focus on your areas of weakness and on developing the confidence you need to achieve your goals. Lessons will also push students in areas that they are already comfortable in, encouraging constant improvement and developing positive learning habits.
Why Choose Spires’ Tutoring?
We only hire 4% of the teachers that apply to Spires and they are all professional and experienced school and university level educators. Many have qualifications from top universities and institutions in the UK, USA, and around the world. All have a Ph.D., MSc, Ma, BSc, or Ba in their chosen field.
We have a lot of repeat students and you can check out the high star ratings our clients leave.
Because tutors set their rates via an auction system, our prices are more competitive than many other companies. Our online classroom is stable and fun to learn through. It has an interactive whiteboard and students can access recordings of classes at any time. They use webcam video chat when being taught.
Spires deals with all of the matching, scheduling, payments, and administration, we take all of the hassles out of organising support and allow students to focus purely on learning.
How does Spires’ online tutoring work?
You can find a professional tutor in four easy steps:
1. Use the Find A Tutor feature to create a post outlining your needs and requirements. You can choose from subject, level, price, and expertise.
2. Find your perfect tutor from our wide variety of skilled professors and educators. After you filter your search results using the Find A Tutor feature you can choose to ‘view profile’ of the best choices for your needs.
You can then see reviews and star rating, including total hours taught for Spires and the price per hr.
3. Have your face-to-face class. This can be done whenever and wherever you are, it’s all online- neither you nor the tutor travels!
4. Replay the classes afterward for any missed information at your own pace and convenience.
Private help is that easy!
Does it matter if the tutor is near me?
No, it doesn’t! It’s all done online whenever and wherever you are. All you have to do is pick your ideal mentor and speak to them to arrange the best time for you to have video lessons.It doesn’t matter at all if they are miles and miles (or kilometre and kilometre) away from you!
This is all up to you. You have a huge choice. You can look through our member tutor profiles, check student reviews and bids, their qualifications and backgrounds, hourly rates, hours taught, other subjects they teach - and even check out if they have many repeat students.
Then, communicate with your favourites to see if they are right for your needs and learning style. You can have a free video call by webcam, usually over zoom. Then you pick the person you’d like to help with your studies and schedule your first webcam lesson!
How many tutors are available to give private lessons?
We currently have over 8 Faculty of Actuaries Tutors with academic and professional experience specialising in a wide range of topics from GCSEs to postgraduate support, and everything in between.
All of our tutors must hold at least a Bachelor’s degree and have tutoring experience. Most have higher degrees on top of that, in specialised areas such as Master’s degrees or PhDs. All of our tutors are DBS checked or have had equivalent background checks.
What is the role of a tutor?
It is their responsibility to guide you to understand the subject you have chosen. Using their expertise in the chosen topic and their teaching experience they will help you to understand, analyse and use the content of the lessons to apply at a later date, whether it is at your chosen university, your career or in your day-to-day life.
How much does a private Faculty of Actuaries tutor cost per hour?
Tuition is priced according to level:
1. School level: For Primary school, Secondary and Higher Education prices start at €25/hr
2. University level: For Undergraduate and Postgraduate tuition, prices start at €35/hr
3. Professional level: For Chartered Qualifications and Admissions Test tutoring, prices start at €45/hr.
The average price per hour ranges based on the tutors’ experience, expertise and student’s level.
How much is a Faculty of Actuaries tutor per hour in London?
The average tutor price per hr is £40/$53/€45 per hour depending on a teachers’ experience and students’ level of study. This is higher than other areas in the UK due to the increased living costs that come with London life.
What happens when I send a message?
Once you’ve used the Find A Tutor feature to find your perfect Faculty of Actuaries tutor, you can contact them with any questions you might an even meet in advance. A tutor should respond to you within 24 hrs with an answer and the hours they are available. If your selected teacher isn’t able to fit you into their schedule we will recommend others that fit your specifications. After a tutor replies, you can then schedule a free webcam meet and if you are satisfied you can go ahead and schedule your first lesson!
Can I arrange Faculty of Actuaries revision help?
Yes, you can! Our huge database of Faculty of Actuaries teachers offers a wide range of specialisations and expertise. Just use the filter to search for Faculty of Actuaries tutors for your level and browse through available candidates. You can read their description and reviews as well as communicate with them about your needs before you schedule a lesson.
Do you offer Faculty of Actuaries personal statement help?
Yes, we do! Our huge database of Faculty of Actuaries teachers offers a wide range of tutors offering admissions help at various levels such as UCAS, Oxbridge Entrance, and even IELTS and TOEFL preparation for non-native speakers.
Can I get Faculty of Actuaries assignment help at the university level?
Yes, you can! We have a huge selection of University level tutors who can provide literature assignment help as well as admissions help and exam preparation. Just communicate with your tutor before telling them your specific needs.
Do you offer varsity tutors in the Faculty of Actuaries?
Yes, we do! With Spires, you can find experienced teachers familiar with the US University system in a whole range of subjects. The same goes for the US high-school system as well as the Australian, South African, Canadian, and New Zealand University and school systems.
Do you offer lessons for adults?
Yes, we do! Our huge database of experts offers a wide range of specialisations and expertise. Just use the Find A Tutor feature to search for tutors for your level and browse through available candidates.
You can choose from a wide range of specialisations whether you are preparing for a university entrance exam, looking to advance your career or just to brush up on your analytical and writing skills. We are confident you will be able to find what you are looking for from over a hundred professional academics in our network.
Is 'Faculty of Actuaries tutor wanted' a suitable title for my advert?
Although this is maybe not the worst bad opening line, we strongly recommend that you give it some more thought. What do you need? What are you trying to achieve? Think about what level you are and what you need to improve on, whether you need help with GCSE level guidance, or help with a University admissions letter, put it in your advert.
For example, a great opening for many of our clients could be: ‘Support required to help with Oxbridge Admissions Test’. The more details, the better the match!
We help students from all over the world
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