News

As the field of actuarial science continues to evolve, there is a growing need for actuaries to have advanced tools and techniques to help them better understand and manage risk. Recognizing that the CAS also evolves by revolutionizing how it prepares actuaries with problem-solving skills for the future, the CAS Board of Directors has approved a new predictive analytics requirement as part of the Admissions Transformation Plan.

The CAS is pleased to announce the publication of the new Content Outlines (formerly referred to as Syllabi) for Exams 7 and  9, as outlined in the Admissions Transformation Plan (ATP). The new content outlines enable candidates to begin their preparations for the new exams. Candidates preparing for the May 2024 sitting of Exams 7 and 9 should refer to these new content outlines.

The CAS is pleased to announce the introduction of exam breaks during our four-hour exams, starting with the Fall 2023 exam sitting. This new initiative is designed to enhance the performance and well-being of all exam takers, by providing them with an opportunity to rest and recharge during their exams.

As previously announced with the CAS Admissions Transformation Plan, the CAS will be testing based on the new Content Outlines for Exams MAS-I, MAS-II, and 5 beginning this October/November 2023. With this transition, new item types will be introduced into the October/November 2023 exams. Previously, Exams MAS-I and MAS-II contained multiple choice, single response question types and Exam 5 contained constructed response and spreadsheet question types.

The CAS is pleased to announce that as part of the Admissions Transformation Plan, computer-based practice exams for the MAS exams will be available again exclusively for candidates that are registered for the spring 2023 sitting of MAS-I and/or MAS-II.

We are still seeking your help finalizing our exam grading rosters for this sitting, specifically for these exams:

Exam 5: Basic Ratemaking and Estimating Claims Liabilities,
Exam 6U: Regulation and Financial Reporting (US)
Exam 7: Estimating Liabilities, Valuation, and ERM
Exam 9 Financial Risk and Rate of Return.

We are seeking your help finalizing our exam grading rosters for this sitting, specifically for Exam 5: Basic Ratemaking and Estimating Claims Liabilities, Exam 7: Estimating Liabilities, Valuation, and ERM, and Exam 9 Financial Risk and Rate of Return. Anyone who volunteers to grade this sitting will be eligible to win a $100 Amazon gift card.

The General Officer of the CAS Syllabus and Examination Committee has released a memorandum outlining approved changes for the October/November 2023 CAS source materials.