Does anyone know how actuaries take exams? How about graduate students majoring in actuarial science in Nankai?

Actuarial, in short, is to analyze, evaluate and manage the future risks in various economic activities by using various scientific and effective methods such as modern mathematics, statistics, finance and law according to the basic principles of economics, which is the basis for modern insurance, finance and investment to achieve stable operation. Actuaries are generally regarded as professional and compound senior financial talents who have received systematic and comprehensive actuarial basic education, comprehensive and practical actuarial vocational training and comprehensive professional technology and management skills.

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.