Individual Life and Annuities Track

Exam LFM

Exam LAM

Individual Life and Annuities Track

Study Manual for Exam LFM

A practical study manual to help candidates through the Life Financial Management Exam, ACTEX’s Study Manual for LFM includes an overview of all syllabus-listed readings and also contains practice exam review questions and solutions to take your studying to the next level.

Flashcards for Exam LFM

Elevate your exam preparation with our invaluable flashcards, created to optimize your study sessions and ensure exam success. Designed for maximum efficiency, these cards empower you to make the most of your study time, offering a strategic and efficient approach to help you memorize the material.

Study Manual for Exam LAM

Extensive and thorough, ACTEX’s Study Manual for ILA Life ALM and Modeling Exam contains outlines, explanations, commentary and review questions, all coming together to form a complete study manual to prepare you for exam day.

Flashcards for Exam LAM

Elevate your exam preparation with our invaluable flashcards, created to optimize your study sessions and ensure exam success. Designed for maximum efficiency, these cards empower you to make the most of your study time, offering a strategic and efficient approach to help you memorize the material.

Life, Health & Annuity Reinsurance

4th Edition  |  Tiller & Tiller

Life, Health & Annuity Reinsurance addresses the many issues and considerations involved in reinsurance for life, health and annuity companies. Although written by actuaries, it may be read by anyone interested in the topic and does not require an actuarial background. This text is a required reading for an SOA ILA Exam.

Statutory Valuation of Individual Life and Annuity Contracts

5th Edition  |  Claire, Lombardi and Summers

The primary goal of this book is to provide an understanding of the "old" and the "new" methods. Specifically, it covers the basic principles of the statutory valuation of individual life insurance and annuity contracts in the United States, including experience studies, model governance, and risk-based capital. This text is a required reading for a SOA Individual Life & Annuities Exam.

About the SOA Individual Life and Annuities Track

The Individual Life and Annuities Track focuses on traditional actuarial work, specializing in designing, pricing, and reserving life and annuity products for organizational stability. The requirements for this track are as follows:

  • Regulation and Taxation Module
  • Life Pricing Exam
  • Life Finance and Valuation Exam
  • Enterprise Risk Management (ERM) Module
  • Life Risk Management (LRM) Exam or ERM Exam
  • Financial Economics Module
  • Additional FSA candidate requirements:
    • Decision Making and Communication (DMAC) Module
    • Fellowship Admissions Course (FAC)

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