Actuarial Exams: Everything You Need to Know!

Exams are one of the most IMPORTANT parts about being an actuary.

Who administers them? How do they work? How should you prepare for them?

I'll be answering all of these questions to make sure you're 100% prepared for your first one!

Still have questions after watching?

Comment below and I'll answer your question ASAP! :D

TIMESTAMPS:
• Intro 0:00
• Here's how you can become fully-qualified 0:40
• Possible exam routes for actuaries 3:00
• How actuarial exams work! 4:16
• How actuarial exams are score 6:01
• Failing is VERY common! 7:47
• When you can take exams 8:35
• Exam exemptions and credits 9:48
• What you need to pass an exam 10:59

What to watch next?

OTHER PLATFORMS:

#actuary​ #actuarialscience

[Enachuariel]

Really helpful and insightful video. I also wanted to add that concepts of Stochastic calculus are so crucial to master.

[EtchedActuarial]

FYI - A score of 6 means that the person got 100-110% percent of the needed questions correct. So if they needed 20 questions right to pass, then the person got 20 to 22 questions correct. That would give them a score of 6.

[mile_]

I’m 23 and have been watching your channel for awhile. I graduate in May with my Bachelor’s degree in Actuarial Science but since I haven’t taken or studied for the exams because of struggles I had through life/college which also gave me the inability to get internships. Do you have any job recommendations for me to apply to so I can still make use of my degree. Get a decent job and then finally schedule time to study to finally plan to take the examssss.

[Sungirl]

Could you do a video on the pay that one can expect with each exam passed? I know the first two are required to even get a job in the field.

[jianxue]

I’m a CPA thinking about going into actuary career.

[BenjaminOwenSlattery]

What is the study program? I didn’t see it in the description.

[bernardjoannette-rocheleau]

I really like your videos, thank you !

[Crrocks]

Can you do a video about the new SOA track? I passed exam fm and p, and with IFM gone it’s not very clear on where to go next. I think either SRM or FAM is next, but what’s easier, what’s more useful in a job, etc, is the info I don’t really know

[theeccentric]

Do you need to have previous experience in the field as well as the exams in order to get a job? Or would passing the exams be enough?

[jasonavina]

I love your video, so useful and informative, I've been studying for Exam P! thankyou

[gloryekott]

Please, what are the mathematics courses or the possible topics I can look out for in the early Actuarial exams.

[Taylor-ywjf]

Hello :) I was just wondering if I do have background experience as an underwriter without a bachelors degree. Are there classes out there that offer help in passing the exam? Also, will it be a waste of my time to take and pass the first 3 exams and be hired without a degree but with experience working hand and hand with health and life insurance companies? Thank you so so much.

[nicoledonovan]

Does receiving an exam exemption look bad to potential employers? Do they view it as you not learning the material or do they consider it the equivalent of a pass?

[MrDavidvallesv]

Can I skip the schooling and go directly to taking exams?

[martinad]

Hi! Looking to take my exam P, does registration for exams only open a month in advance of the write date? Or can you register for exams in advance

[cpSweatyFC]

Hi Brea, where can I check to see if the courses I took in College at the University of Florida exempt me from any of the Actuarial Exams?

[ShivNandan-ti]

im in 10th grade rn..and i heard that to become an actuary.. you should be good in maths, stats, bussiness, English, etc.. is this true? and pls guide me.. i like maths, stats and bussiness stuff yk..soo.. AM I ELIGIBLE?

[valerienagle]

Is it possible to stay an actuary if I only take the 2-3 initial exams and don’t plan to take any more?

[cedricburkhart]

I'm here because I want to lurn how actuaries think. I lurnd they have the lowest divorce rate and I was gesing it had ro do with them making good choices.