Exam SRM

Exam SRM scores, pass mark and results

An unofficial pass or fail arrives by email from Prometric within an hour of finishing. The official grade, on a 0 to 10 scale where 6 or more passes, reaches your SOA transcript about eight weeks after the testing window.

The 0 to 10 scale

  1. 0Fail
  2. 1Fail
  3. 2Fail
  4. 3Fail
  5. 4Fail
  6. 5Fail
  7. 6Pass
  8. 7Pass
  9. 8Pass
  10. 9Pass
  11. 10Pass
Failing gradeShare of the passing score
590% to just under 100%
480% to just under 90%
370% to just under 80%
260% to just under 70%
150% to just under 60%
0Below 50%

Find your grade

Measured against the 63% average pass mark SOA reported for recent sittings.

SOA grade

6 to 10

A pass: 102% of the passing score.

When results arrive

SittingPass or failPass list publishedGrade on your SOA transcript
Exam SRM, September 2026By email within the hourNovember 6, 2026November 9, 2026
PassA grade of 6 to 10
Pass mark63% correct on average (May 2026)
Pass rate67.7% in May 2026
Unofficial resultPass or fail by email within an hour

What the grade means

Grades 0 to 5 are fails, and each step is 10% of the score needed to pass: a 5 means at least 90% of it. A 0 does not mean no marks, only less than half the passing score.

Each sitting uses several versions of the exam, built to be of comparable difficulty, and the pass mark is set before the exam is given.

If you do not pass

  • Grades are final: SOA does not regrade exams.
  • Exam SRM is offered three times a year, in January, May and September.

Try 2 questions

Question 1

An actuary fits a linear model to 40 auto claims. The response is claim severity, in hundreds of dollars; the predictors are driver age (age, years), vehicle value (value, thousands of dollars) and annual mileage (mileage, thousands of miles). Part of the coefficient table from summary(fit) is below.

| | Estimate | Std. Error | |---|---|---| | (Intercept) | 15.0548 | 2.9316 | | age | 0.0457 | 0.0486 | | value | 0.3439 | 0.0493 | | mileage | 0.4135 | 0.1019 |

Calculate the t statistic for testing whether the coefficient of mileage is zero.

Question 2

An actuary prunes a large regression tree by cost complexity pruning. Which of the following is an appropriate way to choose α?

Next step

The same page for Exam P · The same page for Exam FM · The same page for Exam FAM

SOA's grading rules

Questions people ask

What is a passing score on Exam SRM?

A grade of 6 or more on SOA's 0 to 10 scale. In percent terms, SOA reported that an average of 63% correct was needed to pass the May 2026 sitting.

When do Exam SRM results come out?

An unofficial pass or fail arrives by email from Prometric within an hour of finishing. The official grade reaches your SOA transcript about eight weeks after the testing window: September 2026 on November 9, 2026.

How many people pass Exam SRM?

67.7% of the 1,550 candidates passed the May 2026 sitting, by SOA's results notice.