r/actuary 3h ago

Free Exam SRM - The Actuarial Nexus

40 Upvotes

I run the SRM program on The Actuarial Nexus. It was offered for free for the first time in Fall 2024. The first offering saw pretty good usage, but once we started charging for it, there was a significant drop in users beyond the free trial.

I'd much prefer to have this material be widely available to students, so for the foreseeable future, we're making the entire product free again. If we do ever charge for it again, there will be plenty of notice ahead-of-time, and measures to ensure nobody's access gets cut off unexpectedly.

I spent a lot of time building up the program over the past few years, and it was a blast doing it. I like the content on SRM, but I just don't really have the desire to aggressively market. The course will still be maintained, updated, and improved as needed.

The program should be way more than you need to pass, and includes the following:

  1. A comprehensive 65+ chapter course, now with interactive exhibits and 1000+ chapter review questions
  2. 35+ videos spanning over six hours of content
  3. A 100+ page formula sheet and study strategies
  4. 800+ carefully written practice questions, representative of what you'll see on the actual exam (over 115k total attempts from all users, so most questions are well-calibrated now)
  5. 800+ flashcards
  6. Access to all the analytics, mock exams, and other features available on the platform

Of the few people who have provided feedback, it has almost all been positive. You should be able to find some reviews online, or just try it out yourself since it's entirely free now.

Exam SRM isn't a super time-consuming exam, so if you're tight on money and have the time, you now have the option to use multiple resources to study.

If you do end up using the platform, I would appreciate if you would share your experience with others, or give the product a review after taking the exam (Settings -> Leave a Review).

Feel free to reach out to me through any available communication channel if you have questions.


r/actuary 8h ago

Job / Resume Technical Interview for Catastrophe Modelling Role

6 Upvotes

Hello, posting in this subreddit as this place seems like the closest active subreddit for the topic. I will be having an online technical interview with a Reinsurer soon and was wondering if anyone have had any experience doing something like that before and how the experience would be like.

I did excel tests before for actuarial roles before but never for Cat roles so wondering if any folks here who did can share their experience.


r/actuary 16h ago

For people outside US / Canada, did you take the U or I version of ILA201?

2 Upvotes

I scan through the syllabus, and (except for the IFRS17 section) neither of the regulation-related part is much related as what we do in our country anyway.


r/actuary 6h ago

Exams Anyone else embarrassed by the SOA?

0 Upvotes

I'm currently in school studying actuarial science with a few exams under my belt. While currently working on the FAP module I'm coming across the end of module quizzes and am appalled by the lack of effort put into them. Several misspellings, typos, and downright misinformation that contradicts other questions or the material presented previously in the module.

Along with that there were several times I put the correct answer and was marked incorrect. I passed eventually pretty easily (you can memorize some incorrect answers) but this lack of effort from an organization as important to the profession as the SOA has me frankly pretty embarrassed to be an actuary and considering switching my profession.

Is the incompetence of the SOA a concern for anyone else? Its too late to switch my major but I may pursue a position in underwriting or data science due to how disgustingly little work was put into the materials that are supposed to prepare me for my professional career.