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Education

Fundamentals of Actuarial Practice (FAP)

Welcome to the FAP home page! Please review all of the information and links provided below.

FAP is a self–paced, e–Learning course composed of eight modules where candidates acquire and use knowledge that is distributed and facilitated by electronic means. This course teaches candidates about the business environment and exposes them to real–world situations by using the Control Cycle as a practical problem–solving framework that applies to all aspects of actuarial work.

FAP encompasses real–world applications and uses examples to demonstrate actuarial principles and practices. Practical techniques are presented to assist in your day–to–day work. You will also have opportunities to apply these principles and techniques in traditional and non–traditional actuarial practice areas. With the fundamentals in your toolkit, you will be better prepared to apply your learning to new areas of practice that may emerge during the course of your actuarial career. The FAP also includes two comprehensive written assessments (Interim Assessment and Final Assessment).

Others interested in previewing the FAP course are invited to register for a Trial Account. See details below in FAP Trial Account and Trial Account Terms and Conditions.

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FAP inquiries may be directed to elearn@soa.org