How to become an Actuary
You have to pass the qualification examinations of FSS(Financial Supervisory Service) and register as an actuary
- About Actuary
- Qualification
Qualification
Qualification requirements
Step 1. Level 1 Examinations : 4 Subjects
Must score 40 or above in all subjects and achieve an average of 60 or above with qualification of English Test.
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Insurance Act
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Economics
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Actuarial mathematics(1)
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Accounting
Step 2. Level 2 Examinations : 5 Subjects
Must score 60 or above in all subjects within a period of 5 years.
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Actuarial mathematics(2)
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Pension mathematics
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Actuarial risk management
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Actuarial model
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Corporate finance and financial mathematics
Step 3. Actuarial work experience
Those who pass all examinations are required to have at least 6 months of actuarial work experience.
Step 4. Registration with FSS
The candidate who complete all the requirements above has to register with the FSS for actuarial qualification.