Actuary Business Cards for ASA FSA FCAS CAS and SOA Credentialed Actuarial Science Professionals
Actuaries are the quantitative professionals who apply advanced mathematical, statistical, and financial modeling expertise to measure, price, and manage the financial risks that arise from uncertain future events — most prominently in insurance (life, health, property, casualty) but increasingly in enterprise risk management, investment management, banking, social insurance, consulting, and public policy.
What Actuary Cards Include
Your Actuarial Credentials
Society of Actuaries (SOA) credentials:
- ASA (Associate of the Society of Actuaries) — SOA; the first major actuarial credential; requires passing a rigorous sequence of actuarial examinations (Exam P — Probability, Exam FM — Financial Mathematics, Exam FAM — Fundamentals of Actuarial Mathematics, Exam MAS-I, Exam MAS-II, plus fellowship exams) + FAP (Fundamentals of Actuarial Practice) coursework + APC (Actuarial Practice Concept) module; ASA is the career entry credential in the SOA pathway
- FSA (Fellow of the Society of Actuaries) — SOA; the highest SOA credential; requires ASA + completion of Fellowship modules and examinations in a chosen fellowship track; Fellowship tracks: Life and Annuities, Retirement Benefits, Group and Health, Investment/Finance/ERM, Individual Life and Annuities (ILA), Quantitative Finance and Investment (QFI)
- SOA member — active SOA membership required for credential maintenance
Casualty Actuarial Society (CAS) credentials:
- ACAS (Associate of the Casualty Actuarial Society) — CAS; entry-level CAS designation; requires passing CAS examination series focused on property and casualty actuarial subjects (insurance pricing, reserving, reinsurance, risk theory)
- FCAS (Fellow of the Casualty Actuarial Society) — CAS; the highest CAS credential; requires ACAS + additional fellowship examinations; the gold standard for P&C insurance actuaries
- CAS member — CAS membership with active credential maintenance
EA (Enrolled Actuary) — pension specialty:
- EA (Enrolled Actuary) — IRS/DOL enrollment; required for signing actuarial valuations and certifications for ERISA-qualified pension plans; separate from SOA/CAS; requires passing EA-1 and EA-2 examinations + meeting experience requirements; held by ASA or FSA actuaries specializing in retirement benefits
- MAAA (Member, American Academy of Actuaries) — the mandatory credential for U.S. actuaries who qualify and issue actuarial statements of opinion (ASO) in any practice area; requires ASA or ACAS level credential + experience + ethics training; essential for compliance with U.S. actuarial qualification standards
Other credentials:
- CERA (Chartered Enterprise Risk Analyst) — SOA; enterprise risk management specialty; requires FSA + CERA examination and training modules; international ERM credential
- FCIA (Fellow of the Canadian Institute of Actuaries) — for Canadian-practicing actuaries
- FIA (Fellow of the Institute and Faculty of Actuaries) — UK actuarial qualification; actuaries with UK + US practice
Your Actuarial Practice Area
Life and health insurance:
- Life insurance product design and pricing
- Life insurance reserving (statutory, GAAP, IFRS 17)
- Term life, whole life, universal life, variable life pricing
- Individual life pricing and underwriting support
- Group life and disability insurance (LTD, STD) pricing
- Health insurance pricing (individual, group, ACA marketplace)
- Medicare Advantage and Part D bids
- Long-term care insurance (LTC) pricing and reserving
- Annuity pricing (fixed, variable, indexed)
- Reinsurance pricing and treaty analysis
- Mortality and morbidity assumptions
- Experience studies (mortality, lapse, expenses)
Property and casualty (P&C):
- P&C insurance pricing (auto, homeowners, commercial lines)
- Commercial lines pricing (GL, commercial auto, workers' comp, BOP, E&O, D&O, cyber)
- Personal lines pricing (auto rating, homeowners rating)
- Loss reserving (Schedule P, loss development triangles, IBNR)
- Catastrophe modeling (RMS, AIR, CoreLogic, Verisk)
- Reinsurance pricing and treaty management
- Rate filings and state regulatory actuarial work
- Predictive analytics and pricing models (GLM, GBM, machine learning)
- Self-insurance and captive insurance actuarial work
- Captive insurance consulting
Retirement and pensions:
- Defined benefit (DB) pension plan actuarial valuations
- ERISA enrolled actuary services (Form 5500, funding certifications, PBGC premium)
- Pension consulting (plan design, funding policy, risk management)
- Defined contribution (DC) plan consulting
- Post-retirement benefit OPEB (Other Post-Employment Benefits) valuation
- Governmental pension (GASB 67/68)
- Social Security and public pension consulting
- Pension de-risking (PRT — Pension Risk Transfer, LDI strategies)
ERM and investment:
- Enterprise Risk Management (ERM)
- Economic capital modeling
- Asset-Liability Management (ALM)
- Investment strategy actuarial analysis
- Capital modeling (ORSA — Own Risk and Solvency Assessment)
- Solvency II / RBC (Risk-Based Capital) actuarial analysis
- Stress testing
Design for Actuaries
Color palette:
- Navy + white: financial authority and precision
- Dark charcoal + gold: professional advisory prestige
- Steel blue + white: mathematical precision
- Forest green + white: financial stability
Back of Card
- "FSA | FCAS | ASA | ACAS | MAAA | EA (Enrolled Actuary) | CERA | SOA Member | CAS Member"
- "Life insurance | P&C | Health | Pensions | ERM | Investment | Reinsurance | Catastrophe modeling"
- "Pricing | Reserving | Valuation | Capital modeling | ALM | Mortality studies | Catastrophe risk"
- "Insurance company | Consulting (Big 4, Big 3, boutique) | Government | Health plan | Pension fund"
- "[Company / Consulting firm] | [Title: Actuary | Principal | VP | Chief Actuary / CAO] | [email] | [LinkedIn]"
Checklist
- [ ] FSA or ASA (SOA — life, health, retirement)
- [ ] FCAS or ACAS (CAS — property, casualty)
- [ ] MAAA (required for U.S. statements of opinion)
- [ ] EA (if pension/retirement actuarial work)
- [ ] CERA (if ERM specialty)
- [ ] SOA or CAS membership
- [ ] Practice area (life, P&C, health, pension, ERM)
- [ ] Sub-specialty (pricing, reserving, capital, catastrophe, pension)
- [ ] Employer context (insurance company, consulting, health plan, government)
- [ ] Career title and seniority
- [ ] LinkedIn (important in actuarial job market)
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