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When should a person take the EA's?

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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
    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).

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    • #3
      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?

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      • #4
        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.

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        • #5
          thank you

          thanks for the info...

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