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There are 7 actuarial exams to pass, several online courses to complete, VEE credits to get and a one-day course to attend in order to become an ASA or ACAS. For most people it will take about 4 – 5 years to achieve all these tasks, but doing it quicker is possible.
These societies administer a series of six actuarial science exams that typically take four to six years to complete for associate status, and a series of three exams that take another two to three years to achieve fellowship level.
The Society of Actuaries (SOA) is dedicated to research in actuarial science, professional development and education, and professional standards. Actuaries work to analyze risk by using modeling and data analysis techniques for a variety of applications in a variety of fields.
With roots dating back to 1889, the Society of Actuaries (SOA) is the world’s largest actuarial professional organization with more than 32,000 actuaries as members. Through research and education, the SOA’s mission is to advance actuarial knowledge and to enhance the ability of actuaries to provide expert advice and relevant solutions for financial, business and societal challenges. The SOA’s vision is for actuaries to be the leading professionals in the measurement and management of risk.
Our vision is to be the leading provider of globally recognized credentials establishing actuaries as business leaders who measure and manage risk to support financial security for individuals, organizations, and the public.
The SOA develops data-driven research that helps actuaries be valuable advisors on the most pressing issues facing society. While the SOA does not advocate for or against the legislation, the SOA’s research, analysis and unique actuarial insight are valued by employers, policymakers and influencers.
The SOA delivers comprehensive educational programs and administers rigorous professional examinations. The SOA offers three prestigious credentials – Fellow, Associate and Chartered Enterprise Risk Analyst.