Actuarium

SOA ASTAMAdvanced Short-Term Actuarial Mathematics

Associateship (ASA)
3 hours·6–8 written-answer questions, 60 points·400 study hours

What is officially available

The SOA publishes past written-answer exams with model solutions and examiner commentary for FSA exams and for ALTAM/ASTAM. For multiple-choice ASA exams it releases official sample questions and, for some exams, retired papers. Actuarium does not reproduce copyrighted papers; use the official archive plus the original practice set here.

Sittings worth mining

2023–2025 ASTAM

Full papers and model solutions; questions are long and multi-part.

STAM 2018–2022 (MC)

Useful for loss-model drills though the format differs.

Recurring question patterns

  • Multi-part loss model: fit, modify coverage, compute a risk measure.
  • Bayesian/Bühlmann–Straub estimate with an interpretation question.
  • Reserving triangle with chain ladder, BF and a Mack standard error.
  • Reinsurance structure comparison (quota share vs XoL) on expected loss and variance.

The practice tab reproduces these patterns with original numbers — work a pattern here, then confirm against the official paper.

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