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 two insurance-practice
oriented examinations, Online Course 1 and Online Course 2,
as explained here: http://www.casact.org/admissions/process/.
The material on these examinations is covered in classes
offered by the Finance, Insurance and Law Department of
Illinois State University, Online Course 1 in FIL 250 and
FIL 355, and Online Course 2 material is covered in several
other FIL offerings.
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.
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 absolutely must a professional actuarial internship by the Summer between your junior and senior year.
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 STAM:
http://smartURL.it/examSTAM
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