The Exams

Life / Health / Retirement Actuaries

Associate Examinations

Exam P: Probability

Exam FM: Financial Mathematics

Exam MFE: Models for Financial Economics

Exam MLC: Models for Life Contingencies

Exam C: Construction and Evaluation of Actuarial Models

Fellowship Examinations

Vary for each track.

Casualty Actuarial Society

Property and Casualty Actuaries

Associate Examinations

Exam 1: Probability

Exam 2: Financial Mathematics

Exam 3F: Models of Financial Economics

Exam 3L: Models for Life Contingencies and Statistics

Exam 4: Construction and Evaluation of Actuarial Models

Exam 5: Basic Techniques for Ratemaking and Estimating Claim Liabilities

Exam 6: Nation-Specific Examination: Regulation and Financial Reporting



Fellowship Examinations

Exam 7: Estimation of Policy Liabilities, Insurance Company Valuation, and Enterprise Risk Management

Exam 8: Advanced Ratemaking

Exam 9: Financial Risk and Rate of Return

Calculators Allowed

+ Battery of solar-powered Texas Instruments BA-35 (the official SOA/CAS calculator)
+ Texas Instruments BAII Plus
+ Texas Instruments BAII Plus Professional
+ Texas Instruments TI-30X or TI-30Xa (the official CAS calculator
+ Texas Instruments TI-30X II (IIS solar or IIB battery)

You may use more than one of the approved calculators during an examination