Exam Preparation

Resources and Links to Prepare for the Actuarial Exams

To become an actuary, you must pass a series of certification exams. UVM’s actuarial science certificate has a more than 75 percent success rate for students taking the certification exams versus 30 percent for the industry average.

For information about preparing for and taking the actuarial exams, visit these web sites:

Be an Actuary: An information-rich site offered by the Society of Actuaries and Casualty Actuarial Society, covering topics such as:

  • Why you should pursue the profession;
  • What to study in high school, college and beyond;
  • What is the role of the Canadian Institute of Actuaries (CIA), Casualty Actuarial Society (CAS) and the Society of Actuaries (SOA);
  • How to study for and take the preliminary exams, including the Probability Exam (called Exam P by the SOA and Exam 1 by the CAS), Financial Mathematics Exam (called Exam FM by the SOA and Exam 2 by the CAS), Models for Financial Economics Exam (called Exam MFE by the SOA and Exam 3F by the CAS) and Construction and Evaluation of Actuarial Models Exam (called Exam C by the SOA and Exam 4 by the CAS);
  • How to find a job; and more.

Actuarial Outpost: The largest social networking site specifically made for actuaries, this site includes a discussion forum, wiki, blogs and resources and links, including sample exams, to help you prepare for actuarial exams: Exam P, Exam FM, Exam M (MLE and MLC), Exam C, SOA Course 5-8, CAS Exams and Enrolled Actuary exams.

Casualty Actuarial Society: The professional organization’s site offers information on gaining admission to the society, taking actuarial exams (Exams 1 through 6), pursuing continuing education, attending conferences and more.

Society of Actuaries: The professional organization’s site offers information on becoming an actuary, taking exams, exploring and conducting research, finding jobs and more. It includes information on everything you need to know about attaining the ASA (Associate of the Society of Actuaries) and FSA (Fellow of the Society of Actuaries) designations and the CERA (Chartered Enterprise Risk Analyst) credential.