CAS CAS Exam Structure and Designations

Question 1

Which designation is awarded upon completing the CAS associateship requirements?

Accepted Answer

ACAS

Answer

FCAS

Answer

MAAA

Answer

FSA

Question 2

How many written exams must be passed to achieve the FCAS designation?

Accepted Answer

9

Answer

5

Answer

7

Answer

11

Question 3

Which CAS exam covers Basic Techniques for Ratemaking and Estimating Claim Liabilities?

Accepted Answer

Exam 5

Answer

Exam 3

Answer

Exam 4

Answer

Exam 6

Question 4

CAS Exam 1 (Probability) is jointly administered with which other actuarial organization?

Accepted Answer

Society of Actuaries

Answer

American Academy of Actuaries

Answer

Institute and Faculty of Actuaries

Answer

Conference of Consulting Actuaries

Question 5

Which CAS exam covers Advanced Ratemaking, including individual risk rating plans?

Accepted Answer

Exam 8

Answer

Exam 6

Answer

Exam 7

Answer

Exam 9

Question 6

What does the MAS-I exam primarily test?

Accepted Answer

Modern actuarial statistics

Answer

Financial mathematics

Answer

Insurance regulation

Answer

Enterprise risk management