Introduction to SOA
SOA is the abbreviation of Actuary Association, namely Actuarial Association of North America. Mainly engaged in scientific research and vocational training in the field of life insurance actuarial. Its senior actuary certification can be said to be the most authoritative certification in the actuarial field of life insurance and even the whole actuarial industry. Since the reform of examination system in 2000, its educational examination system has paid more attention to the internal relations and comprehensive application of various disciplines. The eight categories of common exams cover eight fields of actuarial science, and the eighth category can also choose specific exam directions including finance, investment and pension. Eight classes have distinct levels, and all the courses contained in each class constitute a small system, and each small system is also interrelated, and eight classes generally constitute a large system; All aspects of actuarial science are completely summarized, but there is no lack of emphasis on evaluation and application.
Actuarial examination subjects and examination contents
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The Chinese actuary qualification examination is divided into two parts, the quasi-actuary part and the actuary part.
The examination contents of the quasi-actuary part include:
Subject Name Subject Code Subject Name Subject Code China Actuary Qualification Examination
Mathematics Foundation Ⅰ 01Life Table Foundation 06 China Actuary Qualification Examination
Mathematical Basis Ⅱ 02 Actuarial Practice of Life Insurance 07 China Actuarial Qualification Examination
Compound interest mathematics 03 non-life insurance actuarial mathematics and practice 08 China actuary qualification examination
Life Insurance Actuarial Mathematics 04 Comprehensive Economic Basis 09 China Actuarial Qualification Examination
Risk theory 05
The actuary part of the exam includes:
Subject Code Course Name Remarks China Actuary Qualification Examination
0 1 1 Financial management of insurance companies must take the China Actuary Qualification Examination.
0 12 insurance law and relevant laws and regulations must take the Chinese actuary qualification examination.
0 13 actuarial practice of personal life insurance and annuity must take the China actuarial qualification examination.
0 14 China actuary qualification examination for social security.
0 15 asset-liability management elective examination China actuary qualification examination
0 16 Advanced Non-life Insurance Actuarial Practice Elective Examination China Actuarial Qualification Examination
0 17 group life insurance elective examination China actuary qualification examination
0 18 Accidental Injury and Health Insurance was elected as China Actuary Qualification Examination.
0 19 China actuary qualification examination advanced investment elective examination
020 Pension Plan Elected to China Actuary Qualification Examination
02 1 continuing actuarial education (PD) is compulsory.
Actuaries are required to complete 3 compulsory courses, 2 elective courses and actuarial career follow-up education, and have more than three years of actuarial work experience before they can be qualified.