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Road to ASA/ACAS
100

In what year was Coaching Actuaries founded?

2010

100

What greek letter is featured in the CA logo?

alpha

100

What does SOA stand for?

Society of Actuaries

100

Which exam focuses primarily on probability concepts?

Exam P
100

What is the score required to officially pass an SOA or CAS exam?

6

200

What is the name of the Coaching Actuaries founder?

Dave Kester (Coach K)

200

What was the first exam study course Coaching Actuaries launched for students?

Exam P. It was Adapt (now called Practice)

200

What does CAS stand for?

Casualty Actuarial Society

200

Which exam covers time value of money, annuities, and interest theory?

Exam FM

200
What are the three non-exam requirements (Economics, Accounting/Finance, Mathematical Statistics) required for the actuarial credentials?

VEEs (Validation by Educational Experience)

300

In what year was the Campus Club program officially launched?

2015

300

True or False: Coaching Actuaries helps to write the SOA exams.

False

300

What is the term for the expected value of the amount of claims in an insurance portfolio?

Expected Loss or Pure Premium

300

A bond with face value $1000 pays semiannual coupons at 5% annual rate. What’s the semiannual coupon amount?

$25

300

Coaching Actuaries offers a "Pass Guarantee" on their subscriptions. If a student fails their exam, what is the primary benefit they receive?

A free subscription extension (one-time renewal)

400

Where is the Coaching Actuaries office located?

Clive, IA or Des Moines, IA

400

In the CA Practice (Adapt) system, this specific metric (calculated as a weighted average of your recent performance) determines the difficulty level of the next "Adaptive" exam or quiz you generate.

Earned Level (EL)

400

What is the name of the process actuaries use to estimate future claim amounts based on historical data?

Loss Reserving

400

If two independent events A and B have probabilities P(A) = 0.6 and P(B) = 0.5, what is P(A ∩ B)?

0.3

400

How long does it take to get back your official exam breakdown after you take an actuarial exam?

~8 weeks

500

Who is currently the president of Coaching Actuaries?

Tong Teh

500

CA's Practice feature gives every user the exact same exam and quiz questions.

False

500

What is the term for an annuity where the payments increase by a constant amount each period?

Arithmetic increasing annuity

500

What distribution is commonly used to model the number of independent events occurring at a constant rate within a given time period?

Poisson distribution

500

Before officially receiving their ASA or ACAS credentials, all candidates must attend this mandatory, in-person (or virtual) seminar focused on professional ethics and responsibility.

The APC (Associateship Professionalism Course) for SOA candidates, or the COP (Course on Professionalism) for CAS candidates.