CAS IT

Search CAS | 

College of Arts & Science | 

Center of Actuarial Excellence Actuarial Science at Illinois State University
Our faculty are engaged in cutting edge research, funded by various external agencies, and published in books and top-level journals.
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 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.

The examination center in Bloomington, Illinois, is located in the corporate headquarters of State Farm, on Veteran's Parkway, near the intersection with Washington Street. Unfortunately, this information does not apply to the Computer Based Testing (CBT) for Course P/1, Course FM/2, Course IFM/3F, and Course LTAM examinations -- while our students must take these as CBT, there is no CBT testing center in Bloomington.  The nearest CBT testing center is in Peoria, Illinois, and the next closest one is in Champaign, Illinois, and there is also a center in Decatur, Illinois. Locations of centers for CBT can be obtained here.

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 all 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 IFM/CAS exam 3F: http://smartURL.it/examIFM
SOA Exam LTAM: http://smartURL.it/examLTAM
SOA Exam STAM: http://smartURL.it/examSTAM
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