To qualify as an actuary you will need to pass a series of board exams set by the examining body of your choice. Before you get started, here are some key points:
Where to Start
You can study to be an actuary all over the world. University education is advised, though not necessary. For some ideas of where to study, see below.
On average actuaries sit 10 exams, but that number varies depending on specialisation. The exams are tough – only 40-50% of candidates are expected to pass and 100 hours of study are recommended per hour of exam.
It typically takes 6-10 years to qualify as an actuary from start to finish. Often a work experience requirement is set by the local profession where a mentor must sign off up to 3 years of work experience.
Studying at an accredited university may grant exemptions (relieving the requirement to write a particular board exam) for certain subjects if a set level of performance is achieved.
The major examining bodies across the world are as follows. Each of them have their own syllabus, set their own exams at their own venues, mark the papers independently and determine who qualifies into their professional body. If you want to know how to become an actuary in the country of your choice, these are the people to ask.