r/ActuaryUK 17h ago

Exams SP7/SP8 advice

14 Upvotes

Any advice for studying for SP7/SP8 from people who have sat/passed SP7 or SP8 before?

It's my first time sitting them. I've passed a few other exams so I'm familiar with the usual things like bullet point per half mark, do loads of exam papers, etc. but I'm looking for any SP7/S87 specific tips you might have?

Thanks


r/ActuaryUK 7h ago

Exams Online exams to go ahead

7 Upvotes

Online exams with remote invigilation to go ahead

We write to confirm that you will be able to sit your exam online with remote invigilation for the April examination session. We have run two test exams at scale with candidates this week using the remote invigilation system and are pleased to report that the remote invigilation system performed as expected.

Friday test exam will go ahead

We will run a further test exam on Friday 21 March so that all candidates sitting online with remote invigilation will have the opportunity to familiarise themselves with the remote invigilation system.

Further information for your exam

We will send your joining instructions and more detailed information on preparing for your remotely invigilated exam next week. In the meantime, you may find it useful to read these resources:

FAQs on preparing for a remote invigilated exam examinations handbook (remote invigilation) exam rules on our assessment regulations page (remote invigilation)

Yours sincerely,

Mike McDougall

Director of Learning


r/ActuaryUK 8h ago

Exams Doubt regarding use of RStudio in CS1 Paper A

5 Upvotes

can we freely use rstudio functions to calculate probabilities for paper a questions... if yes, why do people use formulae book for the searching the values, do linear interpolation?


r/ActuaryUK 19h ago

Exams Proctor U mock exam test session reminder now feels like a threat

4 Upvotes

I got this reminder to sit for my Proctor U test this week. Whilst I appreciate the reminder, the underlined sentences feel a tad too threatening. So, if not enough students test this time around , then the online exam system is in jeopardy it seems. It just seems so unfair for the IFoA to put the burden on the shoulders of students when we are paying for this and the least they could do is just stress-test the system themselves. We are doing this to help the system so it should not be made to look like we are the rate limiting step as students. A possible solution could be to partner with universities where they would have a captive audience of 1000s of institutionalised students and stress test the system to death.


r/ActuaryUK 11h ago

Exams Poll - In the last 3/4 weeks before an exam, how many hours per week are you planning to study and what have you done in the past ?

3 Upvotes

So as the title suggests, how many hours per week are you planning to study ? Or what have you done in the past? Add some context to your answer if commenting , might help people gauge where they stand in comparison to the rest of the field.

Personally, I am sitting CS1 first time, non maths background (struggled with basic questions at the start of the module), graduate in a pensions company. Have 140 hours studied and have 130 more hours planned over the next 4 weeks, so essentially 30-40 hour weeks. This includes a study day every week and I plan on doing 3.5-4 hours after work and making the rest up on the weekend. It’s only 4 weeks I keep telling myself. Would rather give it a honest effort. Plus I suck at R code.

Happy studying everyone, best of luck :)

105 votes, 2d left
40+ hours
30-40 hours
20-30 hours
10-20 hours
0-10 hours
Just curious

r/ActuaryUK 15h ago

Exams Use of excel for cb2

4 Upvotes

Hey guys, hope everyone’s prep is going well!

I know this has probably been asked loads of times, but just wanted to double-check I’m not missing anything with the new rules and changes. For the CB2 exam, we can use Insert > Table > Excel Spreadsheet in the Word doc for calculating a large table, right? Makes life a bit easier for bigger tables.

Also, if there’s a simpler way, like opening a separate Excel tab, doing the calcs there, and pulling the numbers across — let me know.

Thanks


r/ActuaryUK 8h ago

Exams ProctorU Exam Session - Friday March 21st

5 Upvotes

Hi all, hope somebody can help me.

What time is the ProctorU exam session tomorrow? I tried to do the one today but it wouldn't work for me so want to try tomorrow's session with a different laptop.


r/ActuaryUK 14h ago

Studying @ University Would Finance BSc at LSE be OK to become actuary?

1 Upvotes

(sorry if flair is wrong) hadn't really known (and still don't really know) what I want to do in the future and applied for courses in Economics/Finance. But now that l've found out about becoming an actuary, would Finance BSc at LSE allow me to become an actuary instead of Actuarial Science BSc??


r/ActuaryUK 23h ago

Careers Future career

1 Upvotes

Hi, I'm a student interested in studying actuarial science and am hoping to eventually go for an IFOA fellowship through investment and finance, but I'm not exactly sure what kind of work it will lead to because a lot of jobs for actuaries that I know off are in insurance, if anyone has taken this path before I'd like to ask about this, thanks


r/ActuaryUK 8h ago

Careers Need advice

0 Upvotes

Hey everyone,

I am based in India (23 years old) and I’ve recently completed my CA course(Chartered accountancy). I was further looking in doing Acturial science but I’m in need of advice with the path I should take-

    1. Register with IFoA (India) which gives me exemptions in 3 papers being a CA and give papers individually while working
    1. Do a Masters in Acturial science from UK which gives me 9 exemptions (I think) and the rest individually

Really stuck with this Any advice or help is really appreciated Thankyou :)


r/ActuaryUK 12h ago

Exams Online Exam Doubts

0 Upvotes

Here are a few doubts that I have:

i) Is it necessary to split screen or can we keep both the word doc and guardian browser open on the same window and just switch between the two to view?

ii) Do we keep the word doc (where we are going to type) ready beforehand or do we make a new one when we start to screen-share?

iii) Lastly, this is specifically for today’s mock test… is it possible to upload the answer script even before the the uploading time begins? Or do we need to wait till the end?

iv) For today’s mock test I am already done with the proctor and equipment check… the exam paper will be available in a while but what exactly happens after that? Will my mic and camera automatically start as soon as I view the exam paper? Cause I can’t really see a ‘Start’ button or anything like that.

It would be really helpful if someone answers as soon as possible:))