Fellow of the Society of Actuaries (FSA)
Requirements to attain the FSA designation include exams, e–Learning courses and modules, a proctored project assessment, validation of educational experiences outside the SOA Education system (VEE), a professionalism seminar and the Fellowship Admissions Course.
Fellowship candidates choose a specialty track and complete the requirements of that track (must complete all requirements in a single track). Candidates have flexibility with regard to the order requirements are completed. However, the SOA has established a recommended order for each fellowship track. Candidates should be aware that an examination/module may assume familiarity with material that is covered in any requirement that is recommended to come before that examination or module.
More details about the enhancements to the FSA pathway, including transition rules, are available. These enhancements will continue to provide a better learning experience, increased flexibility, and ensure greater global relevancy. Learn more about these developments effective in fall 2025.
Additional Resources
- Detailed Information on the FSA Pathway Enhancements – Announced May 14, 2024
- The SOA Announces Formation of the Exam Prep Council – September 27, 2023
- FSA Pathway Enhancements – Announced July 26, 2023
- FSA Track Reductions for 2023
- Sign up for updates on the SOA’s general insurance track.
- Actuarial Glossary
Pathway Requirements
To see the requirements for the ASA designation or the CERA credential, click on the appropriate tab below.
Candidates seeking to attain an FSA must also complete the ASA requirements. This is typically done in advance of beginning a fellowship track.
Choose a specialty track below and complete its requirements, including the DMAC and FAC for all candidates. The requirements in each track are listed in recommended order.
Corporate Finance and ERM (CFE) Track
Quantitative Finance and Investment (QFI) Track
Individual Life and Annuities (ILA) Track
Retirement Benefits (RET) Track
Group and Health (GH) Track
General Insurance (GI) Track
*ERM Module may be taken at any time, but if taking both the ERM module and the ERM exam, the ERM Module should be taken first.
**May be taken before or at the same time as the previous item.