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After Passing Your First Actuarial Exams, Next?

Passing your first actuarial exam is a great achievement. The feeling can be overwhelming since actuarial exams are quite challenging. After completing the first exams, most candidates usually need help deciding what to do next. As tempting as it sounds,…

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What is a Passing Score on Exam FM

Exam FM from the Society of Actuaries is one of the three preliminary professional actual exams. The exam takes three hours. It is a multiple-choice test with a total of 35 questions. Each question has five answer choices, A, B,…

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Actuary Exam P-What To Consider When Choosing Study Materials

Passing the actuary exam P is usually not easy. It is the first SOA exam which is usually underestimated by most candidates. It requires dedicating a lot of time to studying and selecting the best study materials. Study materials are…

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Exams P and FM: What It Takes to Pass Actuarial Exams

Excelling in any exam makes you and your loved ones proud. Getting good scores, especially in professional exams like the exams P and FM, boosts your confidence. In addition to this, makes your journey to career development smooth and fruitful….

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SOA Changes 2022-2023

Regarding SOA Changes 2022-2023, the SOA board of directors made changes to the SOA exam structure. The adjustments made in the ASA curriculum should help meet the market demand for actuarial education in the job market. The changes also support…

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Everything You Need to Know about FSA Exams

Definition of an Actuary It is common thought that an actuary is a graduate in the field of Actuarial Science. It is also common thought that an actuary’s job is to calculate insurance premiums and analyze risk(s). However, the work…

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Society of Actuaries Membership: FSA or CERA?

First, what is an Actuary? An actuary is a professional who identifies and analyses the financial impact of various uncertainties. Actuaries apply mathematical, analytical and computer programming skills to come up with models that identify and manage potential risks. That…

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Five Industries Actuaries Can Work in Apart From Insurance

For the actuarial profession, there is no denying that things are looking up – that is in terms of employment opportunities. According to the US Bureau of Labor Statistics, it is estimated that by the year 2028, the absorption of…

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SOA Exam IFM: Investment and Financial Markets

On your way to becoming an actuary, the Society of Actuaries (SOA) Exam IFM will most likely be your third actuarial exam. It is among the three preliminary professional tests (the other two being Exam P and Exam FM) that…

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SOA Exam FM: Financial Mathematics

You’ll need to pass a total of 10 actuarial exams to be accredited as an actuary – life or non-life regardless. Of course, the exams will be unique to the actuarial discipline you choose except for the first three –…

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