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Build a strong understanding of life and annuity product design, pricing, and risk management with this comprehensive study resource designed to support actuarial candidates preparing for the ILA 101 exam.
- Covers Core Concepts – Gain a solid foundation in product design, pricing strategies, and risk management principles.
- Syllabus-Aligned – Fully aligned with the Society of Actuaries (SOA) ILA 101 syllabus.
- Real-World Context – Learn through clear explanations and practical examples that connect theory to industry application.
- Expert Authorship – Written by an experienced industry professional to ensure clarity, depth, and relevance.
Our ACTEX Flashcards for the ILA 101 Exam are a valuable study tool and a great resource to help you pass your exam.
The ACTEX Flashcards:
- Offer the content you want a portable version.
- Download this study tool on a Mac or PC, Android or iPhone and study anytime, anywhere.
- Cover critical syllabus material to help you pass your exam.
- Great way to help you learn key topics. Allows you to focus on topics you find most difficult and need the most work.
- Designed to help you maximize the utility of your study time.
- Great for on-the-go studying!
About the Author
John Aprill FSA, MAAA
John Aprill has extensive experience in life insurance financial reporting and risk management. He also served on the SOA Education and Examination Committee for many years. This combination has resulted in a practical approach to learning the syllabus material.
"This was very poorly done. I had previously purchased PA and was hopeful for ILA 101 but this was extremely poor quality. The first section's title is misspelled which is the first of many typos, some giving incorrect meanings to the sentences. Unless significant revisions are done, this is not worth purchasing"
Thank you for the feedback — and I’m sorry this manual didn’t meet expectations. You’re right that typos/format issues (especially in a section title) are frustrating, and we take that seriously.
We’ve worked with the author on a full review for the next printing (planned for early 2026). The updates focus on cleaning up typos, punctuation/formatting, and readability, plus two fixes in the practice exam section (updated header/footer and replaced one question that moved to the ILA 201 syllabus).
One quick note for newer FSA candidates: fellow exams are a different experience from associate exams. For ILA 101, the manual is meant to be a companion to the required readings (including legislation/practice material), not a fully self-contained “teach everything” text like many ASA resources.
If you’re willing to share specific examples/pages, we’d love to incorporate them into ongoing improvements.
Joana Amorim, COO
IFoA Core Readings