Free Exam FAM diagnostic
Free Exam FAM practice test
15 questions from every syllabus topic in 92 minutes. Then your score by topic and a short lesson on the one to fix first.
- Five choices each, at the real exam's pace: 6 minutes a question.
- Have your calculator ready. No account.
- Move back and forth and flag questions.
The real exam
| Topic | Share of the exam |
|---|---|
| Short-Term Insurance and Reinsurance Coverages | 5–10% |
| Severity, Frequency and Aggregate Models | 12.5–17.5% |
| Parametric Estimation | 2.5–7.5% |
| Introduction to Credibility | 2.5–5% |
| Pricing and Reserving for Short-Term Coverages | 10–15% |
| Option Pricing Fundamentals | 2.5–7.5% |
| Long-Term Insurance Coverages and Retirement Programs | 2.5–5% |
| Mortality Models | 10–15% |
| Present Value Random Variables for Long-Term Coverages | 12.5–20% |
| Premium and Policy Value Calculation | 15–22.5% |
34 multiple-choice questions in 3.5 hours, five choices each, on a computer at a Prometric center. A few are unscored pilot questions, and a blank counts as wrong.
What your result means
You get questions right in each topic, so you can see where to start. SOA reports pass or fail, and sets the pass mark for each sitting.
Running an actuarial club or class?
Set this as a 92-minute check. Each student sees a score in every topic, and nobody needs an account.
Independent, original practice for SOA Exam FAM (Fundamentals of Actuarial Mathematics). Not affiliated with or endorsed by the Society of Actuaries (SOA). SOA publishes the syllabus free on soa.org.