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Thread: When should a person take the EA's?

  1. #1
    Actuary.com - Level II Poster
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    When should a person take the EA's?

    Could you kindly help me with this matter? is it important or is it only for certain fields such as pension? thank you very much

  2. #2
    Actuary.com - Level VI Poster
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    Quote Originally Posted by Mikel_85 View Post
    Could you kindly help me with this matter? is it important or is it only for certain fields such as pension? thank you very much
    The EA exams are only important to pension actuaries - if you work in other lines of business, like Life or Health Insurance, you will not need to take EA exams.

    The EA exams basically cover pension-related topics, like regulations, laws and funding principles that generally only pension people need to be familiar with. If you enroll in the FAP modules, you'll get a taste of pension funding principles in one of the middle modules (Module 4? I'm not sure - I didn't participate in the module).

  3. #3
    Actuary.com - Posting Master
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    Quote Originally Posted by wat View Post
    The EA exams are only important to pension actuaries - if you work in other lines of business, like Life or Health Insurance, you will not need to take EA exams.

    The EA exams basically cover pension-related topics, like regulations, laws and funding principles that generally only pension people need to be familiar with. If you enroll in the FAP modules, you'll get a taste of pension funding principles in one of the middle modules (Module 4? I'm not sure - I didn't participate in the module).
    Don't you also get credit for EA-1 or whichever the first one is if you pass 1-3?

  4. #4
    Actuary.com - Level VI Poster
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    Quote Originally Posted by NoMoreExams View Post
    Don't you also get credit for EA-1 or whichever the first one is if you pass 1-3?
    You do. I think the requirement is only related to FM and MLC, I think. In the previous systems, you would get credit for EA-1 by passing Courses 2 & 3, which dealt with time-value of money & life contingencies.

  5. #5
    Actuary.com - Level II Poster
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    thank you

    thanks for the info...

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