Explore CAS Exam study tips and other information to help you stay prepared and confident for your exam
Effective study strategies are key to passing CAS Exam 5. Check out our exam specific study tips:
The journey to passing Exam 5 is one of commitment, dedication, and rigorous practice. It's not just about memorizing facts but understanding the underlying concepts, refining your time management skills, and adapting to the CBT format. The challenge may seem daunting, but with the right approach, resources, and mindset, success is within your grasp.
Exam 5 consists primarily of 2 source texts covering Reserving (Estimating Unpaid Claims), and Pricing:
You can start with either Reserving or Pricing but you should do the chapters in order because later chapters depend on material from earlier chapters.
There are also several much shorter readings including: SOPs (Statements of Principle), ASOPs (Actuarial Standards of Practice), and appendices from Werner & Modlin
Here are a few things to be aware of if Exam 5 is your first upper-level exam:
Take a little extra time upfront to get organized and you will save yourself a lot of time in the end.
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