Topic Summary (from en.wikipedia.org): The Canadian Institute of Actuaries (the CIA) recognizes fellows of both the Society of Actuaries and the Casualty Actuary Society, provided that they have specialized study in Canadian actuarial practice. For fellows of the SOA, this is fulfilled by taking the CIA s Practice Education Course (PEC). For fellows of the Casualty actuarial Society, this is fulfilled by taking exam 7C (Canada) instead of exam 7US. Unlike their American counterparts, the CIA only has one class of actuary Fellow. Further, the CIA requires three years of actuarial practice within the previous decade, and 18 months of Canadian actuarial practice within the last three years, to become a fellow

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• actuarial: The Canadian Institute of Actuaries (the CIA) recognizes fellows of both the Society of Actuaries and the Casualty Actuary Society, provided that they have specialized study in Canadian actuarial practice (from en.wikipedia.org)
• Actuarial science: Actuarial science became a formal mathematical discipline in the late 17th century with the increased demand for long-term insurance coverages such as Burial, Life insurance , and Annuities (from en.wikipedia.org)
• life insurance: Actuarial science became a formal mathematical discipline in the late 17th century with the increased demand for long-term insurance coverages such as Burial, life insurance , and Annuities (from en.wikipedia.org)
• Insurance companies: Others help companies reduce their Insurance costs by lowering the level of risk the companies take on (from www.bls.gov)
• Casualty Actuarial Society: For fellows of the Casualty Actuarial Society , this is fulfilled by taking exam 7C (Canada) instead of exam 7US (from en.wikipedia.org)
• pension actuaries: Consulting actuaries sometimes testify in court regarding the value of potential lifetime earnings of a person who is disabled or killed in an accident, the current value of future pension benefits (in divorce cases), or other values arrived at by complex calculations (from www.bls.gov)
• modern financial economics: Certain aspects of the actuarial methods for discounting pension funds have come under criticism from modern financial economics . (from en.wikipedia.org)
• actuarial methods: Certain aspects of the actuarial methods for discounting pension funds have come under criticism from modern financial economics . (from en.wikipedia.org)
• reinsurance company: Some actuaries work in reinsurance , a field in which one insurance company arranges to share a large prospective liability policy with another insurance company in exchange for a percentage of the premium. (from www.bls.gov)
• actuarial exams: Feedback from current and past students confirms the key to passing actuarial exams is over-studying (from www.actuarialbookstore.com)
• three years: Further, the CIA requires three years of actuarial practice within the previous decade, and 18 months of Canadian actuarial practice within the last three years , to become a fellow (from en.wikipedia.org)
• Continue Reading: For a full list of actuarial science universities, just Continue Reading this article or go directly to our Actuarial Science University Forum and start chatting. (from www.actuarialoutpost.com)
• Actuarial Student: The most successful Actuarial students commit 100+ hours per exam reviewing materials, taking practice tests, participating in study groups and seminars, and structured studying (from www.actuarialbookstore.com)
• BEST PREPARE: So start early, study diligently, and make sure that you have all the right materials to help you BEST PREPARE (from www.actuarialbookstore.com)
• pension plans: For example, some may evaluate company pension plans by calculating the future value of employee and employer contributions and determining whether the amounts are sufficient to meet the future needs of retirees (from www.bls.gov)
• Consulting actuaries: Consulting actuaries provide advice to clients on a contract basis (from www.bls.gov)
• actuarial credentials: The department has five faculty members, three with actuarial credentials (from www.drake.edu)
• students majoring: There are approximately 250 students majoring in actuarial science with some 35-45 students graduating per year (from www.drake.edu)
• actuarial career: In addition to the courses required for graduation, students should carefully consider electives that will coordinate with an actuarial career (from www.math.purdue.edu)
• Actuarial Foundation: The Actuarial Foundation develops, funds, and executes education and research programs that serve the public by harnessing the talents of actuaries. (from www.actuarialfoundation.org)

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