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: As of November 2024, the exam consists of 34 multiple-choice questions to be completed in 3.5 hours .
Key Features of the Fundamentals of Actuarial Mathematics Textbook Fundamentals of Actuarial Mathematics
Authored by S. David Promislow, this text is widely used for professional exam preparation. Fundamentals of Actuarial Mathematics: Promislow, S. David : As of November 2024, the exam consists
The primary feature of , whether referring to the professional exam or the core textbook, is its dual focus on short-term and long-term actuarial methods . Key Features of the SOA FAM Exam : As of November 2024
: Covers foundational principles for both short-term (e.g., ratemaking, loss reserving, frequency/severity models) and long-term (e.g., life insurance, annuities, contingent payment models) risks.
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