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Thread: What is the differnce between the SOA and the CAS?

  1. #31
    You spam? I ban! Irish Blues's Avatar
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    I don't see P&C as being more stressful - it definitely has less certainty when it comes to decision making because things can and do change constantly. Things change much more quickly in P&C than they do in life and pension, and probably more quickly than in health. In P&C, we generally don't have nice tables we can go look up to tell us how many claims we can expect next year or how much loss will occur with a high degree of certainty, while in life it's easy to predict how many people will die in a given year assuming nothing catastrophic happens.

    Stability? Certainty? That's life, and to an extent that's pensions. Uncertainty? Volatility? Randomness? That's P&C, and to an extent health.
    "You better get to living, because dying's a pain in the ***." - Frank Sinatra

    http://www.hockeybuzz.com/blogger_ar...blogger_id=174 - where I talk about the Blues and the NHL.

  2. #32
    Actuary.com - Level I Poster
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    Wink

    Thanks guys, I appreciate your responses.

  3. #33
    Actuary.com - Newbie Poster
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    SOA vs CAS

    If I understand correctly, SOA exams track is Finance related, and the CAS exams track is Insurance/Casualty related?
    Do you need to decide SOA or CAS track after Exam II ?

    Thanks,
    Last edited by astueber3; August 6th 2007 at 06:09 PM.

  4. #34
    Actuary.com - Level III Poster
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    CAS is casualty which normally means insurance or consulting lines such as auto, worker's comp, etc. There are a lot of SOA actuaries working for life insurance companies.

    You don't actually have to choose until after the you pass the preliminary exams. Just keep in mind that Exam 3/M is accepted by CAS for their exam 3 but the opposite is not true. The other prelimary exams are the same.

  5. #35
    Actuary.com - Level I Poster
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    Soa,cas?

    I was looking at the different descrpitions and was wondering which has more
    opportunity. I know that CAS is for casuality/property SOA is lifehealth which one of these would be best if you wanted to get into finance or consulting?

  6. #36
    Actuary.com - Level I Poster
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    well after searching I can't seem to find any real information on the differences between property/casualty and life/health, any help?

  7. #37
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    Last edited by JMO Fan; August 24th 2007 at 09:07 AM.
    I thought this WAS a real job

  8. #38
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    soa vs cas- when do i need to decide?

    I was just wondering- I'm a sophomore in college- and I haven't decided which path to take, either SOA or CAS.
    When do we need to decide?
    Does it matter which one we take for exams 1 and 2?

    thanks !!:smiloe:

  9. #39
    Actuary.com - Level IV Poster dmbfan41's Avatar
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    well, the preliminary exams are mostly the same for the SOA and CAS. the first 2 are exactly the same. you really don't need to decide until it's time to get your Associateship. however, i'd be thinking about it after you pass the second exam.
    "i find it hard
    to explain
    how i got here"

  10. #40
    Actuary.com - Level V Poster
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    Get an internship, pass two exams, then decide whether the work you did as an intern suits you. Good Luck!
    I thought this WAS a real job

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