CAA Module Exemptions
Individuals with existing exam passes/credits from SOA, IFoA or ASSA can apply for exemptions from CAA Global modules. The following tables provide an equivalency of exam passes and module exemptions to apply toward the CAA qualification.
Candidates submit can submit their passes/credits proof and the application form to claim exemptions, applications and fees can be found at the bottom of the page.
| Exam Exemptions from the Society of Actuaries | CAA Module |
|---|---|
| Any one SOA exam | Module 0 |
| Financial Mathematics (FM) Exam | Module 1 |
| Probability (P) Exam and Construction & Evaluation of Actuarial Models (C) Exam or Probability (P) Exam and Short-Term Actuarial Mathematics (STAM) Exam | Module 2 |
| Models for Life Contingencies (MLC) Exam or Long-Term Actuarial Mathematics (LTAM) Exam | Module 3 |
| Construction & Evaluation of Actuarial Models (C) Exam and Fundamentals of Actuarial Practice (FAP) or Short-Term Actuarial Mathematics (STAM) Exam and Fundamentals of Actuarial Practice (FAP) | Module 4 |
| Fundamentals of Actuarial Practice (FAP) | Module 5 |
| Associateship Professionalism Course (APC) | OPAT |
| Exam Exemptions from the Institute and Faculty of Actuaries | CAA Module |
|---|---|
| Any one of CM1, CS1 or CS2 | Module 0 |
| Actuarial Mathematics CM1 | Module 1 |
| Actuarial Statistics CS1 and Risk Modelling and Survival Analysis CS2 | Module 2 |
| Actuarial Mathematics CM1 | Module 3 |
| Financial Engineering and loss reserving CM2 and Modelling and Survival Analysis CS2 | Module 4 |
| Modelling practice CP2 | Module 5 |
| Online Professional Awareness Test (OPAT) | OPAT |
| Exam Exemptions from Actuarial Society of South Africa | CAA Module |
|---|---|
| A2111 and A213 or A111 and A212 | Module 0 |
| Financial Mathematics A211 and Contingencies A213 | Module 1 |
| Actuarial Statistics A111 and Risk Modelling and Survival Analysis A212 | Module 2 |
| Financial Mathematics A211 and Contingencies A213 | Module 3 |
| Risk Modelling and Survival Analysis A212 and Loss Reserving and Financial Engineering A214 | Module 4 |
If you would like to apply for CAA module exemptions towards the CAA qualification route please complete the application and send via email to the address on the form with proofs of relevant exam passes and payment.
Candidate registration with exemptions GBP
Candidate registration with exemptions USD
The fees for our module exemptions which can be paid in GBP and USD are:
Current fees for exemptions (please include your exemption fee/s in the total amount paid)
| Module 0 | £74.00 | $96.00 |
| Module 1 | £123.00 | $164.00 |
| Module 2 | £123.00 | $164.00 |
| Module 3 | £123.00 | $164.00 |
| Module 4 | £123.00 | $164.00 |
| Module 5 | £186.00 | $249.00 |
| OPAT | £45.00 | $60.00 |
If you have any questions before making an application we can be contacted via email enquiries@caa-global.org