Canadian Institute of Actuaries (CIA)
Pathway 1 allows students to earn the Associate of the Canadian Institute of Actuaries (ACIA) designation within months of graduation.
Fulfill Pathway 1 through the University of Waterloo - Undergraduate program
- Complete STAT 341, plus two of: STAT 431, STAT 441, STAT 443
- Graduate with an ACTSC major
Remaining Pathway 1 steps towards ACIA
- Complete Modules 1 and 2 (can be done during undergrad)
- Pass the ACIA Capstone Exam
- Attend the CIA Professionalism Workshop
Casualty Actuary Society (CAS)
Students can receive exemptions for 4 exams and all Validation by Educational Experiences (VEEs).
Exemptions through our program
- Earn exam waivers for Exam 1, Exam 2, MAS-I, MAS-II:
- Fulfill CIA Pathway 1 above
- Write the ACIA Capstone Exam by choosing Short-term section for the specialized section of the exam.
- Complete VEE courses with ≥70% in each:
- Economics: ECON 101 and ECON 202
- Accounting & Finance: ACTSC 372 and AFM 101
To receive VEE credit, you must apply directly through the CAS or through the Society of Actuaries (SOA) with official transcripts.
Remaining steps towards Associate of the Casualty Actuarial Society (ACAS) designation
- Pass Exam 5, PCPA Exam and Project, and Exam 6
- Complete 3 CAS DISC courses
- Attend the CAS Professionalism Course
Society of Actuaries (SOA)
No exam exemptions, but students receive full VEE credit and strong exam preparation.
Exemptions through our program
- Complete VEE courses with ≥70% in each:
- Economics: ECON 101 and ECON 202
- Accounting & Finance: ACTSC 372 and AFM 101
- Mathematical Statistics: STAT 330
To receive VEE credit, you must apply through the SOA with official transcripts.
Remaining steps towards Associate of the Society of Actuaries (ASA)
- Pass six exams: P, FM, FAM, ALTAM/ASTAM, SRM, PA.
- Complete e-learning: Pre-Actuarial Foundations, Actuarial Science Foundations, ATPA, FAP.
- Attend Associateship Professionalism Course