Announcement: SOA congratulates the new ASAs and CERAs for November 2024.

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

Exam P is a three–hour multiple–choice examination and is identical to Casualty Actuarial Society (CAS) Exam 1.

Exam P is offered via computer–based testing (CBT).

The syllabus for Exam P develops the candidate's knowledge of the fundamental probability tools for quantitatively assessing risk. The application of these tools to problems encountered in actuarial science is emphasized. A thorough command of the supporting calculus is assumed. Additionally, a very basic knowledge of insurance and risk management is assumed.

Exam P is required for ASA, CERA and FSA designations.

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  • Admission to Examination Center
  • Acknowledgement Letter
  • Approved Calculators
  • Food and Beverage in Exam Room
  • Signature on Exam Answer Sheets and Envelopes
  • Bilingual Examinations in Canada
  • Arrangements for Candidates with Disabilities
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