Dr. Krzysztof Ostaszewski gives advice on how to pass actuarial exams at: http://smartURL.it/pass

Actuarial Examinations

Actuarial examinations in the United States are offered in a series by the following two major actuarial organizations:

Casualty Actuarial Society, 1100 North Glebe Road, Suite 600, Arlington, VA 22201, U.S.A. Telephone: 1-703-276-3100, Fax: 1-703-276-3108.
Society of Actuaries, 475 North Martingale Road, Suite 600, Schaumburg, IL 60173, U.S.A. Telephone: 1-847-706-3500, Fax: 1-847-706-3599.

A complete description of all examinations is given in catalogs published by the Society of Actuaries and Casualty Actuarial Society. There is also extensive amount of information at this site: http://www.beanactuary.org/exams/.

Society of Actuaries information on how to register for actuarial examinations is here.

Casualty Actuarial Society information on how to register for actuarial examinations is here.

You must use an approved calculator on the examinations. Information about approved calculators is here.

Note that the Casualty Actuarial Society also requires three insurance-practice oriented examinations, described at this site:

https://www.casact.org/exams-admissions/pearson-vue/cas-data-and-insurance-series-courses.

They are:

• Introduction to Data Analytics,

• Risk Management and Insurance Operations (Previously Online Course 1),

• Insurance Accounting, Coverage Analysis, Insurance Law, and Insurance Regulation (Previously Online Course 2). The material on these examinations is covered in classes offered by the Finance, Insurance and Law Department of Illinois State University, as well as Katie School’s Certificate for Leadership and Business Acumen, and Visual Analytics Competition.

Effective with the Fall 2022 semester, students at Illinois State University may earn exemptions from certain professional actuarial examinations, through the Society of Actuaries University Earned Credit system:
• Exam FM, through sufficiently good performance in Mathematics 280,
• Exam FAM-L, through sufficiently good performance in Mathematics 380,
• Exam FAM-S, through sufficiently good performance in Mathematics 384,
• Exam FAM, through sufficiently good performance in both Mathematics 380 and Mathematics 384,
• Exam ALTAM, through sufficiently good performance in Mathematics 381, and
• Exam SRM, through sufficiently good performance in all three of these classes: Mathematics 353, Mathematics 355, and Mathematics 443.

Please note that in addition to regular classes, the Actuarial Program at Illinois State University offers online seminars for professional actuarial examinations.

Undergraduate actuarial students should note that at Illinois State University the expectation is that you start taking professional actuarial examinations when you attain sophomore standing, while with junior standing you are expected to have at least one examination passed, and with senior standing you are expected to have at least two examinations passed. You are also expected to obtain a professional actuarial internship by the Summer between your sophomore and junior year, and you really, really should have a professional actuarial internship by the Summer between your junior and senior year, because employers prefer students with internship experience, and you will be applying for jobs after graduation in the Fall semester of your senior year, typically.

SmartURLs for preliminary professional actuarial examinations:

SOA Exam P/CAS exam 1: http://smartURL.it/examP
SOA Exam FM/CAS exam 2: http://smartURL.it/examFM
SOA Exam FAM: http://smartURL.it/examFAM
SOA Exam ALTAM: http://smartURL.it/examALTAM
SOA Exam ASTAM: http://smartURL.it/examASTAM
CAS Exam MAS-I: http://smartURL.it/examMAS-I
CAS Exam MAS-II: http://smartURL.it/examMAS-II
SOA Exam SRM: http://smartURL.it/examSRM
SOA Exam PA: http://smartURL.it/examPA
SOA Exam ATPA: http://smartURL.it/examATPA