FIVE actuarial students at BWCI Group have achieved a record 89% success level in the latest exams. National pass rates were just 53%. Carl Stanford, BWCI’s study coordinator, said: ‘Our students have done incredibly well to achieve an 89% pass rate. The actuarial exams have a reputation as being amongst the most challenging professional exams.’

Actuaries have to pass 16 before they can qualify.

‘Getting through the actuarial exams requires considerable commitment from students.

‘BWCI recognises this and we provide a very supportive training package for our students.’

Each has a study mentor in one of the group’s qualified actuaries.

And although students have weekly study leave, they also need to put in a significant amount of additional work in their own time.

‘The exam results underline our students’ commitment to studying.’

n BWCI is the largest group of actuaries and consultants in the Channel Islands, employing 90 staff, including 16 qualified actuaries and 10 students. It provides services in Guernsey, Jersey, the Isle of Man, Cyprus and Luxembourg. Activities include actuarial and investment consultancy, insurance management, pension trusteeship and administration and share-scheme trusteeship and administration.