- Accounting & Finance
**Typically completed while in school
You have completed the foundational requirements.
Modern Actuarial Statistics I
Modern Actuarial Statistics II
- Risk Mgmt. & Insurance Ops.
- Insurance Accounting, Coverage, Analysis, Insurance Law & Insurance Regulation
Basic Techniques for Ratemaking and Estimating Claim Liabilities
You have achieved the ACAS Credential.
Estimation of Policy Liabilities, Insurance Co. Valuation, & ERM
Exam 7 is also required for an ACAS to sign a NAIC Statement of Actuarial Opinion.
Financial Risk & Rate of Return
You have achieved the FCAS Credential.
*The CAS will grant waivers for candidates who pass examinations offered by other organizations that cover our CAS learning objectives. These organizations include but are not limited to: Society of Actuaries, Canadian Institute of Actuaries, Institute and Faculty of Actuaries (UK), Actuaries Institute (Australia), Actuarial Society of South Africa, Institute of Actuaries of India, and China Association of Actuaries. Please note that the path as outlined is intended to illustrate a typical sequence through the requirements; candidates are not restricted to the path as depicted.