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Casualty Actuarial Society (CAS) Exams Exam code Exam title Introduced Preceded by Ceased Superseded by SOA eqv. 1: Probability: 2005: Exam 1 (2000) Current exam: P: 2: Financial Mathematics: 2005: Exam 2 (2000) Current exam: FM: MAS-I: Modern Actuarial Statistics I: 2018: Exam S Current exam — MAS-II: Modern Actuarial Statistics II: 2018 ...
Non-members working in the actuarial profession and taking exams are often referred to as actuarial students or candidates. Members of the SOA who meet a professional experience requirement are eligible for membership in the American Academy of Actuaries , which represents United States actuaries from all practice areas.
Designation bestowed by individual state boards, examination (FE) by National Council of Examiners for Engineering and Surveying [29] Engineer-in-Training: EIT: Designation bestowed by individual state boards, examination (FE) by National Council of Examiners for Engineering and Surveying [29]
The FPAC syllabus is over two exams: the first 3-hour paper, covers underlying knowledge of financial planning and analysis; the second 4.5 hour paper, is a case-based test of applied analytics and business support. Certificants have three years experience and hold a relevant degree or other qualification; AFP thereafter specifies continuing ...
The Specialist Technical section is the first stage the candidate has a choice of which exams to take. The candidate chooses two from the various actuarial specialist subjects i.e. Health and Care, Life Insurance, General Insurance, Pensions, Finance or Investments and further technical knowledge on said subjects is attained.
An enrolled actuary is an actuary enrolled by the Joint Board for the Enrollment of Actuaries under the Employee Retirement Income Security Act of 1974 (ERISA). [1] Enrolled actuaries, under regulations of the Department of the Treasury and the Department of Labor, perform a variety of tasks with respect to pension plans in the United States under ERISA.
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The CAS requires all candidates to qualify through a series of actuarial exams covering various aspects of actuarial practice. Passing Exams 1–6 as well as Exam S, the Course on Professionalism, the Validation by Educational Experience (VEE), and two online courses qualifies an actuary for the Associateship designation; passing three additional exams is required to become a Fellow. [10]