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CA1 Actuarial Risk Management

The aim of the Actuarial Risk Management subject is that upon successful completion, the candidate should understand strategic concepts in the management of the business activities of financial institutions and programmes, including the processes for management of the various types of risk faced, and be able to analyse the issues and formulate, justify and present plausible and appropriate solutions to business problems.

CA1 is one of the three Core Applications (CA) subjects that all students have to pass or obtain exemptions from.

Visit Exam exemptions for more information about how to apply for exemptions from the professional exams.

There are two opportunities each year to sit this exam: in April, and in September/October.

For the April exam sitting, bookings will open in January/February each year; for the September/October exam sitting, bookings will open in July.  Exam bookings are open for a limited period for each exam, and you must make your application by the closing date given on the form. You will need to pay the exam fee when you apply for the exam.

The Actuarial Education Company (ActEd), provides study material and tuition for this subject, as do a number of courses listed on our University courses with exemptions page.

The exams will be based on the syllabus as supported by the core reading.  The ActEd course material will be the main source of tuition as it expands on the core reading.  The recommended study time for this exam is 400 hours depending on your past educational background in the subject

To gain exemptions through a university course, it is necessary to successfully complete the full degree or diploma and to gain sufficiently high marks to qualify for subject exemptions

Check our list of University courses with exemptions.

Related Subjects

Each of Subjects CT1–CT8 provides principles and tools that are built upon in Actuarial Risk Management.

The Specialist Technical Subjects ST1–ST9 and the Specialist Applications Subjects SA1–SA6 use the concepts developed in this subject to solve complex problems, to produce coherent advice and to make recommendations in specific practice areas.

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Contact Details

Education Services Team

education.services@actuaries.org.uk

Institute and Faculty of Actuaries, 1st Floor, Park Central, 40/41 Park End Street, Oxford, OX1 1JD

+44 01865 268207

We aim to respond to all enquiries within two working days.