Casualty Actuarial Society students
Have you passed a qualification with the Casualty Actuarial Society?
We can grant exemption from our exams to students who have passed Casualty Actuarial Society (CAS) exams.
You should ensure that your CAS exams are converted to their current syllabus before applying to us for exemption.
| Casualty Actuarial Society exams passed | Subjects for which exemption is offered by the Institute and Faculty of Actuaries |
| Exam 1 - Probability, and VEE - Applied statistical methods | CT3 - Probability and mathematical statistics |
| Exam 2 - Financial mathematics | CT1 - Financial mathematics |
| VEE - Corporate finance | CT2 - Finance and financial reporting |
| Exams 3L - Corporate finance, and Exam 4 - Construction and evaluation of actuarial models (Exemptions are not given for these exams individually. You must have passed both exams.) |
CT4 - Models, and CT5 - Contingencies |
| VEE - Economics | CT7 - Business economics |
| Exam 3F - Financial economics | CT8 - Financial economics |
| Exam 5 - Basic techniques for ratemaking and estimating claim liabilities | CT6 - Statistical methods |
| Exam 7 - Estimation of policy liabilities, Insurance company valuation and Enterprise risk management, and Exam 8 - Advanced ratemaking (Exemptions are not given for these exams individually. You must have passed both exams.) |
ST7 - General insurance: Reserving and capital modelling, and ST8 - General insurance: Pricing |
If you passed any of the above CAS exams before 2008, please contact our quality assurance team at exemptions@actuaries.org.uk with details of the exams and the dates on which they were passed. The team will then send you further details of the application process.
If you passed a CAS exam which does not appear on the above list before 2008, please contact our quality assurance team at exemptions@actuaries.org.uk with details of the exams and the exact dates on which they were passed. The team will then advise you how to proceed.
For further details of CAS exams, conversion of CAS exams to the current CAS syllabus, or the conversion of our exams to CAS exams please visit the CAS website at www.casact.org.