Becoming an Actuary
?To become an actuary (a Fellow member of the Actuarial Society of South Africa – an internationally-recognised qualification) you currently need to pass the following set of examinations:?
- Part A1 - Foundation Technical
- Part A2 - Intermediate Technical
- Part A3 - Core Principles
- Part F1 - Fellowship Principles
- Part F2 - Fellowship Applications
- Part F3 - Fellowship Professionalism Skills?
| ? | ? | |
?Actuarial Society of South Africa
Subject |
?Institute and Faculty of Actuaries (UK) Subject | ? |
? | ? | ? |
| ?A101 | ?CT3 | Probability and Mathematical Statistics |
| ?A102 | ?CT7 | ?Economics |
| ?A103 | ?CT2 | ?Finance and Financial Reporting |
| ? | ? |
| ?A201 | CT1 | Financial Mathematics |
| ?A202 | CT4 | Models |
| ?A203 | ?CT5 | Contingencies |
| ?A204 | CT6 | Statistical Methods |
| ?A205 | CT8 | Financial Economics |
| ? | ? |
| ?A301 | CA1 | ?Actuarial Risk Management |
| ?A302 | CA3 | Communications |
Part F1 (Fellowship Principles) Any two subjects from: | ? | |
| ?F101 | ?ST1 | ?Health and Care Principles |
| ?F102 | ?ST2 | ?Life Insurance Principles |
| ?F103 | ?ST3 | ?General Insurance Principles |
| ?F104 | ?ST4 | ?Pension and Other Benefits Principles |
| ?F105 | ?ST5 | ?Finance and Investment Principles |
| ?F106 | ?ST9 | ?Enterprise Risk Management |
Part F2 (Fellowship Applications) Any one subject from: | ? | |
| ?F200 | ?SA0 | ?Research Option |
| ?F201 | ?SA1 | ?Health and Care Applications |
| ?F202 | ?SA2 | ?Life Insurance Applications |
| ?F203 | ?SA3 | ?General Insurance Applications |
| ?F204 | ?SA4 | ?Pension and Other Benefits Applications |
| ?F205 | ?SA6 | ?Investment Applications |
| ?Plus any one subject from: | ? | ? |
| ?F211 | ?P1 | ?Health and Care Practice Module |
| ?F212 | ?P2 | Life Insurance Practice Module |
| ?F213 | ?P3 | ?General Insurance Practice Module |
| ?F214 | ?P4 | ?Pension and Other Benefits Practice Module |
| ?F215 | ?P6 | ?Investment Practice Module |
| ||
| ?A401 | ?CT9 | ?Business Awareness Module (a two-day course) |
| ?A402 | ?CA2 | ?Model Documentation, Analysis and Reporting (a two-day course) |
| ?F303 | ? | ?Fellowship Work-based Skills (completed as one builds up suitable work-based experience) |
| ?F304 | ? | ?Fellowship Professionalism Course (a two-day course) |
