To become an actuary (a Fellow member of the Actuarial Society of South Africa – an internationally-recognised qualification) you currently need to pass the following set of examinations:
|
| | |
Actuarial Society of South Africa
Subject |
Institute and Faculty of Actuaries (UK) Subject | |
Part A1 (Foundation Technical) | | |
| A101 | CT3 | Probability and Mathematical Statistics |
| A102 | CT7 | Economics |
| A103 | CT2 | Finance and Financial Reporting |
Part F1 (Fellowship Principles) Any two subjects from: | |
| F101 | ST1 | Health and Care Principles |
| F102 | ST2 | Life Insurance Principles |
| F103 | ST3 | General Insurance Principles |
| F104 | ST4 | Pension and Other Benefits Principles |
| F105 | ST5 | Finance and Investment Principles |
| F106 | ST9 | Enterprise Risk Management |
Part F2 (Fellowship Applications) Any one subject from: | |
| F200 | SA0 | Research Option |
| F201 | SA1 | Health and Care Applications |
| F202 | SA2 | Life Insurance Applications |
| F203 | SA3 | General Insurance Applications |
| F204 | SA4 | Pension and Other Benefits Applications |
| F205 | SA6 | Investment Applications |
| Plus any one subject from: | | |
| F211 | P1 | Health and Care Practice Module |
| F212 | P2 | Life Insurance Practice Module |
| F213 | P3 | General Insurance Practice Module |
| F214 | P4 | Pension and Other Benefits Practice Module |
| F215 | P6 | Investment Practice Module |
Part F3 (Fellowship Professionalism Skills) |
| A401 | CT9 | Business Awareness Module
(a two-day course) |
| A402 | CA2 | Model Documentation, Analysis and Reporting
(a two-day course) |
| F303 | | Fellowship Work-based Skills (completed as one builds up suitable work-based experience) |
| F304 | | Fellowship Professionalism Course
(a two-day course) |
