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ST7 General Insurance: Reserving and capital modelling

The aim of this General Insurance Specialist Technical subject is to instil in successful candidates the ability to apply, in simple reserving and capital modelling situations, the mathematical and economic techniques and the principles of actuarial planning and control needed for the operation on sound financial lines of general insurers

ST7 is one of nine Specialist Technical (ST) subjects.  You need to pass or be exempted from two of the ST subjects.

Visit Exam exemptions to find out 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 200 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.

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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

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