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Exam P

Probability

Exam P tests students on their knowledge of probability for the quantitative assessment of risk.

Exam FM

Financial Mathematics

Exam FM tests students knowledge of concepts of financial mathematics…

Exam IFM

Financial Mathematics

Exam IFM tests students knowledge of theory of corporate finance and financial models…

Exam FAM

Probability

Exam FAM tests students on actuarial methods for modeling, ratemaking, reserving for short-term coverages, contingent payment models, and how these models are used for insurance and other financial risks.

Exam FAM-L

Probability

Exam FAM(L) tests students on the long-term syllabus material of Exam FAM including contingent payment models, and how these models are used for insurance and other financial risks.

Exam FAM-S

Probability

Exam FAM(ST) tests students on the short-term syllabus topics of Exam FAM including actuarial methods for modeling, ratemaking, reserving for short-term coverages

Exam SRM

Statistics for Risk Modeling

Exam SRM tests students knowledge of methods and models for analyzing data…

Exam ILALPM

Individual Life and Annuity – Life Product Management Exam

Exam ILALPM tests students on the categories of product design, pricing and assumptions…

Exam ILALFVU

Individual Life and Annuity – Life Finance and Valuation – US exam

Exam ILALFVU tests students on the categories of accounting, financial statements and disclosure…

Exam PA

Predictive Analytics

Exam PA tests students ability to select and use analytical techniques to solve business problems…

Exam ILALALMM

Individual Life and Annuity – ALM and Modeling Exam

Exam ILALALMM tests students on the categories of stochastic models, generalized linear models…

Exam ILAERM

Individual Life and Annuity – ERM Exam

Exam ILAERM tests students on the categories of governance, investment risk management…

Exam 1

Probability

Exam 1 tests students on their knowledge of probability for the quantitative assessment of risk. A strong understanding of calculus is required as is basic knowledge of insurance and risk management.

Exam 2

Financial Mathematics

Exam 2 tests students knowledge of concepts of financial mathematics and its application to cash flow value in reserves, pricing, asset management, investment income, and capital budgeting.

Exam MAS-I

Modern Actuarial Statistics I

Exam ILALALMM tests students on the categories of stochastic models, generalized linear models…

Exam MAS-II

Modern Actuarial Statistics II

MAS-II tests students on Introduction to Credibility, Linear Mixed Models, Bayesian Analysis & Markov Chain Monte Carlo, and Statistical Learning.

Exam 5

Basic Ratemaking and Est Claim Liabilities

Exam 5 tests students on Basic Techniques for Ratemaking and Estimating Claim Liabilities.

Exam 6U

Regulation and Financial Reporting (US)

Exam 6U tests students on Regulation of Insurance and US Insurance Law, Government and Industry Insurance Programs, Financial Reporting and Taxation, Professional Responsibilities of the Actuary in Financial Reporting, and Reinsurance Accounting Principles.

Exam 7

Estimating Liabilities Valuation, ERM

Exam 7 test students on Estimation of Policy Liabilities, Insurance Company Valuation, and Enterprise Risk Management.

Exam 8

Advanced Ratemaking

Exam 8 tests students on Classification Ratemaking, Excess, Deductible, and Individual Risk Rating, Catastrophic and Reinsurance Pricing.

Exam 9

Financial Risk and Rate of Return

Exam 9 tests students on Portfolio Theory and Equilibrium in Capital Markets, Asset Liability Management, Financial Risk Management, Rate of Return, Risk Loads, and Contingency Provision.

Exam P

Probability

Exam P tests students on their knowledge of probability for the quantitative assessment of risk.

Exam FM

Financial Mathematics

Exam FM tests students knowledge of concepts of financial mathematics…

Exam IFM

Financial Mathematics

Exam IFM tests students knowledge of theory of corporate finance and financial models…

Exam SRM

Statistics for Risk Modeling

Exam SRM tests students knowledge of methods and models for analyzing data…

Exam PA

Predictive Analytics

Exam PA tests students ability to select and use analytical techniques to solve business problems…

Exam FAM

Probability

Exam FAM tests students on actuarial methods for modeling, ratemaking, reserving for short-term coverages, contingent payment models, and how these models are used for insurance and other financial risks.

Exam FAM-L

Probability

Exam FAM(L) tests students on the long-term syllabus material of Exam FAM including contingent payment models, and how these models are used for insurance and other financial risks.

Exam FAM-S

Probability

Exam FAM(ST) tests students on the short-term syllabus topics of Exam FAM including actuarial methods for modeling, ratemaking, reserving for short-term coverages

Exam 1

Probability

Exam 1 tests students on their knowledge of probability for the quantitative assessment of risk. A strong understanding of calculus is required as is basic knowledge of insurance and risk management.

Exam 2

Financial Mathematics

Exam 2 tests students knowledge of concepts of financial mathematics and its application to cash flow value in reserves, pricing, asset management, investment income, and capital budgeting.

Exam MAS-I

Modern Actuarial Statistics I

Exam ILALALMM tests students on the categories of stochastic models, generalized linear models…

Exam MAS-II

Modern Actuarial Statistics II

MAS-II tests students on Introduction to Credibility, Linear Mixed Models, Bayesian Analysis & Markov Chain Monte Carlo, and Statistical Learning.

Exam 5

Basic Ratemaking and Est Claim Liabilities

Exam 5 tests students on Basic Techniques for Ratemaking and Estimating Claim Liabilities.

Exam 6U

Regulation and Financial Reporting (US)

Exam 6U tests students on Regulation of Insurance and US Insurance Law, Government and Industry Insurance Programs, Financial Reporting and Taxation, Professional Responsibilities of the Actuary in Financial Reporting, and Reinsurance Accounting Principles.

Exam 7

Estimating Liabilities Valuation, ERM

Exam 7 test students on Estimation of Policy Liabilities, Insurance Company Valuation, and Enterprise Risk Management.

Exam 8

Advanced Ratemaking

Exam 8 tests students on Classification Ratemaking, Excess, Deductible, and Individual Risk Rating, Catastrophic and Reinsurance Pricing.

Exam 9

Financial Risk and Rate of Return

Exam 9 tests students on Portfolio Theory and Equilibrium in Capital Markets, Asset Liability Management, Financial Risk Management, Rate of Return, Risk Loads, and Contingency Provision.

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