Questions?

If you have a question about this organization, feel free to contact one of the
club officers!

Related Links

American Academy of Actuaries
Be An Actuary
Casualty Actuarial Society(CAS)
Society of Actuaries(SOA)
UWEC Actuary Program

Exam 1/P

Exam 1/P is the first preliminary examination and counts for both the CAS and SOA sides. It is generally recommended that the exam be taken after completing Math 346: Probability and Math347: Mathematical Statistics. Note that these courses do not entirely cover all of the materials on the exam, but provide a majority of the knowledge needed to pass. The topics that will be tested in this examination can be found here. Exam 1/P is offered five times in 2008. The link below lists the registration deadlines and the time of each offering. Note that there is a $175 fee to take this exam.

Exam Times

You may register here. There are only certain calculators allowed to be used on this exam. The list of these calcluators and the other rules of the examination are here.

Study Materials

Provided below are sample questions and their solutions, along with links to various supplementary study materials for the exam. If you have taken this exam and would like to recommend a book or site that you found helpful, please contact the club's web developer.

Sample Questions
Solutions

Books/Manuals that students have found helpful:

ACTEX Study Manual for the SOA Exam P and CAS Exam 1, 2007 Edition
Probability for Risk Management, 2nd Edition
Probability for Risk Management Solutions Manual, 2nd Edition

BPP also offers study manuals that are very helpful. Here is a link to the one for Exam 1/P.
Probability: An Introductory Guide for Actuaries and other Business Professionals, Third Ed.
Students can order this manual at a discount by either calling BPP and mentioning Kris Presler's name or by writing 'student of Kris Presler' at the bottom of a fax.
BPP's contact information can be found here and the order form can be found here.

BPP also offers online solutions for all the problems. The link for this book's solutions are below.

BPP-Probability Online Solutions

Note that the Math346/347 textbook, John E. Freund's Mathematical Statistics also serves as a study source and can be found in the bookstore.