With Colin Thores. Filmed on 31 March 2020.
Actuarial Practice (CP1) builds on the technical material covered in all the earlier subjects and uses the techniques learnt to solve practical problems that might arise in any area in which actuaries practice. Additional material on risk management is introduced as an essential introduction to the Chartered Enterprise Risk Actuary qualification.
Please note - Students have three hours and 20 minutes to complete CP1 Paper 1 & 2. Students are expected to read the question in full, and they can look at the formulae and tables. Students are also advised that they should spend an appropriate amount of their time within the exam planning their answers.
From September 2021, an additional 5 minutes has been added to each paper to allow for candidates to download or print, if required, their exam paper.
Actuarial Practice (CP1) core reading is available from the IFoA E-Shop or our tuition provider ActEd (BPP).
Past papers and examiners reports for CP1
CP1 Specimen Exam Solutions Paper 1
CP1 Specimen Case Study Paper 2
CP1 Specimen Exam Solutions Paper 2
CP1 Syllabus for 2024 Exams (PDF, 111 KB)
Actuarial Practice (CP1) core reading
Exam format: 2 x computer-based exams (Word), 3 hours and 20 minutes each
Recommended study hours: 400