Earning CAS Credentials
Destination FCAS
Actuarial candidates must complete a set of requirements, including passing a series of exams, to become credentialed property and casualty actuaries and members of the CAS. The requirements outlined in the CAS Educational Journey will lead you to the highly coveted Associate of the CAS, or ACAS and Fellow of the CAS, or FCAS, designations. Learn more about the requirements by visiting the CAS website.
Associate of the CAS (ACAS): To achieve the ACAS designation, candidates must complete a series of requirements, including passing a set of rigorous examinations. These exams cover topics such as probability, financial mathematics, and modern actuarial statistics. Additionally, candidates are required to complete online courses on risk management, insurance operations, and data concepts.
Fellow of the CAS (FCAS): Building upon the ACAS credential, the FCAS designation requires candidates to pass advanced examinations that delve deeper into specialized areas like ratemaking, reserving, and predictive modeling. Achieving Fellowship signifies a higher level of expertise and commitment to the profession.
For university students aspiring to become property and casualty actuaries, CAS Student Central is a great place to start! CAS Student Central is a free membership program that provides access to career resources, study tools, and networking opportunities, supporting students throughout their journey to earning CAS credentials.
Admissions Transformation Plan
A Guide to the Future of CAS Admissions: 2022 and Beyond
The CAS is on the road to transformation. The Admissions Transformation Plan (ATP) has a clear focus on the value of CAS credentials, the candidate experience in taking exams, and the need to test what actuaries do every day. The ATP will “evolve our credentials to reflect the evolving actuarial profession,” as described by CAS CEO Victor Carter-Bey in an announcement about the plan. The ATP interactive document outlines the key features, benefits and milestones to expect over the next few years. Explore the plan on the CAS website.