SOA FAMFundamentals of Actuarial Mathematics
Associateship (ASA)
3.5 hours (1.75h per half if split)·34 multiple-choice (17 + 17)·≈350 study hoursWhat 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
Official FAM sample questions
Released with the 2022 syllabus; now 100+ items with solutions.
Retired LTAM/STAM MC items
Still valid calibration for FAM-L and FAM-S respectively.
Recurring question patterns
- Life-table lookups combined with a recursion or equivalence-principle premium.
- Coverage-modification calculations with a table-provided LEV formula.
- A Bühlmann or limited-fluctuation credibility item.
- One chain-ladder or expected-loss-ratio reserving item.
The practice tab reproduces these patterns with original numbers — work a pattern here, then confirm against the official paper.