Centers of Actuarial Excellence (CAE) - Benefits

Benefits of the CAE designation to the university include:

• Selection as a Center of Actuarial Excellence gives a university the ability to use the CAE designation and the CAE logo in its promotional materials.
• CAE universities are eligible to compete for grants in education and research. Only schools designated CAE may compete for these grants.
• Reimbursement of fees for three individual student preliminary exam registrations each academic year (IFM, LTAM, STAM, and SRM are eligible).
• Participation in one of the following programs each academic year:
• Reimbursement for the purchase of study materials for SOA preliminary exams up to $500 USD
• SOA sponsorship for an approved on-campus event up to $500 USD
• Reimbursement of travel costs and/or registration fees for student travel to an approved actuarial conference up to $500 USD
• SOA's promotion of Centers of Actuarial Excellence through the Web site, articles and other means.

In addition, CAE status:

• Assures prospective students that they will be well prepared for actuarial practice
• Assures employers that graduates have successfully completed a rigorous educational program and are prepared for professional practice
• Assures alumni that the school maintains high standards for its actuarial science program, and that future graduates are prepared to address the challenges of tomorrow

Please direct questions regarding the CAE program to  cae@soa.org.