Actuarial Exam Flashcards
3547 fact-checked cards across the SOA/CAS preliminary actuarial exams — comprehensive learning decks, formula sheets, common traps, and exam-style practice problems. Written and verified by an FCAS/FSA actuary, with real LaTeX math. Pick your exam:
Exam P — Probability
set theory and combinatorics, conditional probability and Bayes’ theorem, discrete and continuous distributions, expectation, variance and moments, multivariate and joint distributions, transformations and order statistics, the central limit theorem, and risk & insurance applications.
Exam FM — Financial Mathematics
time value of money and interest measurement, force of interest and equations of value, level and varying annuities, loan amortization and sinking funds, bond pricing, cash-flow analysis (NPV, IRR, yield), duration, convexity and immunization, interest-rate swaps, and the determinants of interest rates.
Exam FAM — Fundamentals of Actuarial Mathematics
severity, frequency & aggregate loss models, coverage modifications, estimation and credibility, plus survival models, life insurance, annuities, and premiums & reserves.
Exam SRM — Statistics for Risk Modeling
simple & multiple linear regression, model selection and diagnostics, GLMs, time series, PCA, decision trees & ensembles, and clustering.
Exam MAS-I — Modern Actuarial Statistics I
probability models and stochastic processes, survival & reliability, simulation, statistics, and credibility.
Exam MAS-II — Modern Actuarial Statistics II
GLMs, credibility, Bayesian analysis, time series, linear mixed models, and tree-based machine learning.
Every deck is built into the Willys app
All of these decks — including the full practice problem banks — come built into Willys AI Flashcards & Quizzes for iPhone & iPad (Mac version coming soon), with FSRS + SM-2 spaced repetition, streaks, and exam-date cram mode. 14-day free trial, then $14.99. To load a deck in the app: Settings → Library → Browse, then pick your exam and deck.
New to the exams? Start with the complete guide to actuarial exams.