What does it take to become an Actuary?

How can Actuarial Express help you?

Actuarial Science students are required to sit for a series of professional examinations and fulfill practical training requirements to obtain their professional certification. Merely a Bachelor Degree in Actuarial Science is absolutely insu�cient to be an Actuary. In fact, you can take on any Degree of your choice, but with the professional certification, you are considered a Certified Actuary. The certification is what counts.

According to the Society of Actuaries (SOA):

Professional ExaminationsStudents sit for a series of professional examinations in order to qualify as a Certified Actuary. The American Society of Actuaries (SOA) requires candidates to complete five examinations, an e-learning course, VEE validation and a professionalism seminar in order to become an Associate (ASA). To become a Fellow (FSA), a candidate needs to successfully complete all requirements for ASA, two more examinations and two more modules based on their specialty track.

Requirements to become an Associate of the Society of Actuaries (ASA):• 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 • VEE* Economics• VEE* Corporate Finance• VEE* Applied Statistics• Fundamentals of Actuarial Practice (FAP) e–Learning Course• Associateship Professionalism Course (APC)

* Validation by Educational Experience–Candidate must show that subject has been su�ciently covered by university or other coursework

For more information regarding professional examinations, log on to www.soa.org.

Preparing for actuarial examinations has always been via self-preparation and can be overwhelming. We can help. We prepare aspiring Actuaries to sit for the examinations required to pursue the Actuarial profession. Not only do we prepare you for the professional examinations, we provide workshops that equip candidates with technical skills that allow them to make full use of the available technologies of today, such as statistical softwares and/or programming, therefore being able to be highly effective when stepping into the workplace.

Why choose Actuarial Express?

Due to the lack of services preparing individuals for the professional examinations, aspiring Actuaries would usually have to take on a Bachelor Degree in Actuarial Science to equip themselves with the knowledge to prepare for the professional examinations. This then leads to the need to work and study part time, Post-Degree, which in turn increases the time taken to complete the professional examinations. Without at least a few examinations passed, it is very likely for the initial employment Post-Degree to be a contract employment in the Actuarial Divisions.

With the consultation and services that Actuarial Express offers, it is no longer a necessity to go through an Actuarial Degree Program before being able to start preparing for the examinations, therefore getting a head start among peers and/or you may choose to take on any Degree Program of your choice.

The training and consultation that Actuarial Express offers is well structured and adjusted based on every candidate’s current knowledge and capacity. We ensure Actuarial Express candidates are able to complete the professional examinations in the shortest possible time frame. On top of exam preps, we conduct workshops that equip candidates with the skills to use available technologies that increase their effectiveness, such as statistical software and/or programming.

There are aspiring Actuaries that are working full time and preparing for the professional examinations part time, which can be very overwhelming, our well-structured training is flexible and can accommodate for such candidates.

Though both routes have the same end in mind, but we can clearly see the advantage that an Actuarial Express candidate has.

What do we offer:• Candidates are able to begin preparing and sitting for the professional exams at any point in time; Ideally, even before a Degree programme, therefore having a head start• Complete the professional exams in the shortest possible timeframe• Take on any degree of your choice• Workshops available to equip candidates with technical skills.

Legend: Start of Period

Legend: Start of Period

Express Route

Traditional Route

Actuarial Science Degree

Professional Exams

Pre-U

ContractEmployment

Actuarial Executive

Year 0 Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8

Actuarial Executive

Any Degree

Year 4 Year 5Year 3Year 2Year 1Year 0

Pre-U

Actuarial Express (Workshops)

Actuarial Express (Professional Exams)