Links with UK universities are inevitably stronger than those overseas for whom their local actuarial associations are the key link. An important contribution is made by the universities in syllabus design particularly in the foundation subjects. Exemptions Exemptions are available on the recommendation of external examiners from subjects in the 100 series for students who perform to an appropriate high standard. This is offered to help students progress more quickly through their actuarial examinations. For overseas universities links exist with their local association.
Discussions are underway on the extension of the exemptions system.
The pool of experienced people, both in actuarial practice and in the academic world, that can act as external examiners to degree courses is another important feature of the profession. This interchange between university examinations and professional examinations is of mutual benefit to both types of examinations. The contribution made by the university actuaries and their colleagues to the professional examinations as assistants, examiners and principal examiners is another important feature of the relationship between universities and the profession. Careers advice Helpful careers advice on the actuarial profession is offered through universities both in the academic departments and in the careers services. The profession, through its own careers literature and advice service, can help promote university courses in actuarial science or courses with some actuarial modules.