[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-seo-399259-105":3,"detail-sidebar-cat-0-en-105":81,"doc-detail-399259-en":130},{"code":4,"msg":5,"data":6},0,"ok",{"site_id":7,"language":8,"slug":9,"title":10,"keywords":11,"description":12,"schema_data":13,"social_meta":74,"head_meta":76,"extra_data":78,"updated_unix":80},105,"en","questions-from-icas-webinar-september-28-2017","Questions from iCAS Webinar - September 28, 2017","","A Q&A session addresses the CSPA credential’s value for actuaries and modeling roles, including how it complements CAS designations and whether it qualifies candidates with different backgrounds. The discussion covers eligibility pathways (Pre-ACAS, non-CAS actuaries, and experienced practitioners), exam access across countries via Prometric and remote proctoring, and waiver conditions. It also details assessment costs, exam pass-rate expectations, and how CSPA compares to MOOCs through domain-specific knowledge and real-world project requirements.",{"@graph":14,"@context":73},[15,34,56],{"@type":16,"itemListElement":17},"BreadcrumbList",[18,23,27,31],{"item":19,"name":20,"@type":21,"position":22},"https://docshare.wps.com","Home","ListItem",1,{"item":24,"name":25,"@type":21,"position":26},"https://docshare.wps.com/document/","Document",2,{"item":28,"name":29,"@type":21,"position":30},"https://docshare.wps.com/document/exam/","Exam",3,{"item":32,"name":10,"@type":21,"position":33},"https://docshare.wps.com/document/questions-from-icas-webinar-september-28-2017/399259/",4,{"url":32,"name":10,"@type":35,"image":36,"author":41,"headline":10,"publisher":44,"fileFormat":47,"inLanguage":8,"description":12,"dateModified":48,"datePublished":49,"encodingFormat":47,"isAccessibleForFree":50,"interactionStatistic":51},"DigitalDocument",{"url":37,"@type":38,"width":39,"height":40},"https://docshare.wps.com/thumbnails/questions-from-icas-webinar-september-28-2017/399259.png","ImageObject",300,407,{"name":42,"@type":43},"percent12345","Person",{"url":19,"name":45,"@type":46},"DocShare","Organization","application/pdf","2026-11-08","2026-09-27",true,{"@type":52,"interactionType":53,"userInteractionCount":55},"InteractionCounter",{"@type":54},"ViewAction",8,{"@type":57,"mainEntity":58},"FAQPage",[59,65,69],{"name":60,"@type":61,"acceptedAnswer":62},"Does the CSPA credential qualify someone for a modeling role, and is it equivalent to work experience?","Question",{"text":63,"@type":64},"The CSPA credential is expected to qualify recipients, whether actuaries or nonactuaries, to work in a modeling role. It is also discussed as being viewed as equivalent to work experience in the modeling context.","Answer",{"name":66,"@type":61,"acceptedAnswer":67},"How will exams and waivers work for candidates outside the US?",{"text":68,"@type":64},"Prometric has sites around the world for the first two exams, and Exam 3 uses remote proctoring. Waivers may be available to candidates who completed general insurance specialization in countries with mutual recognition agreements, on a country-by-country basis elsewhere.",{"name":70,"@type":61,"acceptedAnswer":71},"What are the costs for the CSPA assessments and related materials?",{"text":72,"@type":64},"iCAS annual dues of $250 do not cover assessments. The cost is approximately $800 per exam for four exams, with additional required materials for Exam 2 (about $100) and extra optional study materials for Exams 1 and 2; project revision may incur an extra fee if a third month is needed.","https://schema.org",{"og:url":32,"og:type":75,"og:title":10,"og:site_name":45,"og:description":12},"article",{"robots":77,"canonical":32},"index,follow",{"doc_id":79,"site_id":7},399259,1790548993,{"code":4,"msg":82,"data":83},"success",[84,88,92,95,100,105,110,114,119,122,126],{"id":22,"doc_module":4,"doc_module_name":25,"category_name":85,"show_sort_weight":86,"slug":87},"Story & Novel",90,"story-novel",{"id":26,"doc_module":4,"doc_module_name":25,"category_name":89,"show_sort_weight":90,"slug":91},"Literature",80,"literature",{"id":33,"doc_module":4,"doc_module_name":25,"category_name":29,"show_sort_weight":93,"slug":94},70,"exam",{"id":96,"doc_module":4,"doc_module_name":25,"category_name":97,"show_sort_weight":98,"slug":99},5,"Comic",60,"comic",{"id":101,"doc_module":4,"doc_module_name":25,"category_name":102,"show_sort_weight":103,"slug":104},6,"Technology",50,"technology",{"id":106,"doc_module":4,"doc_module_name":25,"category_name":107,"show_sort_weight":108,"slug":109},7,"Healthcare",40,"healthcare",{"id":55,"doc_module":4,"doc_module_name":25,"category_name":111,"show_sort_weight":112,"slug":113},"Research & Report",30,"research-report",{"id":115,"doc_module":4,"doc_module_name":25,"category_name":116,"show_sort_weight":117,"slug":118},9,"Religion & Spirituality",20,"religion-spirituality",{"id":117,"doc_module":4,"doc_module_name":25,"category_name":120,"show_sort_weight":117,"slug":121},"World Cup","world-cup",{"id":123,"doc_module":4,"doc_module_name":25,"category_name":124,"show_sort_weight":123,"slug":125},10,"Lifestyle","lifestyle",{"id":127,"doc_module":4,"doc_module_name":25,"category_name":128,"show_sort_weight":96,"slug":129},19,"General","general",{"code":4,"msg":82,"data":131},{"doc_id":79,"user_id":132,"nickname":42,"user_avatar":133,"doc_module":4,"category_id":33,"category_name":29,"doc_title":10,"doc_description":12,"doc_content":134,"file_id":135,"file_url":136,"file_type":137,"file_size":138,"view_count":55,"is_deleted":4,"is_public":22,"is_downloadable":22,"audit_status":22,"page_count":101,"language":139,"language_code":8,"site_id":7,"html_lang":8,"table_of_contents":140,"faqs":141,"seo_title":142,"seo_description":12,"update_tm":143,"read_time":144,"preview_page_count":4},1099529851338,"https://ap-avatar.wpscdn.com/davatar_155a257f0dc6eb9ab79c44ca47cae57d","Questions from iCAS Webinar – September 28, 2017  \nGeneral  \n1. Do you believe that the CSPA credential qualifies an actuary to work in a modeling role for a company? Is it equivalent to 1/2/3 years of work experience?  \nYes, our expectation is that the CSPA credential will be viewed as qualifying any recipient, actuary or nonactuary, to work in a modeling role.  \n2. Is this intended to a Pre-ACAS or would you recommend a Pre-ACAS to complete his/her ACAS designation first before pursuing this track?  \nWe consider the CSPA credential to complement rather than replace the CAS credentials. The CAS encourages candidates to earn their CAS credentials (ACAS or FCAS) before pursuing the specialty credential.  \n3. Can this certification (CSPA) be used anywhere outside the insurance world or is it limited only to insurance?  \nWhile the certification currently has a focus on Property & Casualty Insurance, many of the areas tested are applicable to other domains. However, the predictive analytics material can be applied in other industries.  \n4. Will there be exam sites in South Africa, and will Fellow members of the Actuarial Society of South Africa be exempt from the 1st exam?  \nCandidates who have successfully completed the general insurance specialization within the education and examination system of the Actuarial Society of South Africa will receive a waiver for the first exam. Prometric has sites in South Africa which will enable candidates to take the first two exams. Remote proctoring for Exam 3 and the on-line access to the project will enable participation globally.  \n5. Will a waiver be available for Fellows of the Institute of Actuaries (FIA)?  \nCandidates who have successfully completed the general insurance specialization within the education and examination system of the Institute and Faculty of Actuaries will receive a waiver for the first exam.  \n6. Do iCAS annual dues cover CSPA Assessment (exams)? If not, what is the cost per exam?  \nICAS annual dues of $250 do not cover the assessments. The cost is approximately $800 per exam for each of the four exams. There are required additional materials for Exam 2 which will cost about $100, and there are additional optional study materials for both Exams 1 and 2 which of course cost more. We are still pricing the materials for Exam 3. There are no additional costs for the Project; there will be an additional fee if a third month is needed to revise the project.  \n7. Will the waivers be available to non-CAS actuaries, and how do you anticipate the exams working for non-US students?  \nWe expect to have waivers for non-CAS actuaries. For the countries with which the CAS has mutual recognition agreements (the Institute and Faculty of Actuaries (U.K.), the Institute of Actuaries of Australia (Actuaries Institute), the Institute of Actuaries of India and the Actuarial Society of South Africa) we expect that candidates who have successfully completed the general insurance specialization within their respective education and examination systems for those countries will be eligible for waivers for the first exam. The CAS Institute will consider waivers for other countries on a country by country basis. For areas outside of general insurance if there is demand, we are interested in working with other organizations to expand the scope of the exams.  \nIndividuals in other countries with the relevant experience should apply to receive the credential through the Experienced Practitioner Pathway.  \n8. Will the pass rates on iCAS exams be similar to the actuarial track?  \nWe expect the pass rates for the iCAS exams to be 70-80%.  \n9. For credentialed actuaries looking to gain knowledge/expertise in data science, how does this credential compare to a Coursera course by Johns Hopkins University?  \nWhile some of the technical content is similar to what might found in Coursera or other similar massive open online courses (MOOC’s), we believe that the CSPA credential is unique in that it requires","cbCairstvMdspsJf","https://ap.wps.com/l/cbCairstvMdspsJf","pdf",142201,"English","# Questions & Answers\n## Eligibility and credential relationships\n## Exam access, waivers, and pass rates\n## Costs and study support\n## Comparisons to other learning options\n## Practical pathways for mixed experience","[{\"question\":\"Does the CSPA credential qualify someone for a modeling role, and is it equivalent to work experience?\",\"answer\":\"The CSPA credential is expected to qualify recipients, whether actuaries or nonactuaries, to work in a modeling role. It is also discussed as being viewed as equivalent to work experience in the modeling context.\"},{\"question\":\"How will exams and waivers work for candidates outside the US?\",\"answer\":\"Prometric has sites around the world for the first two exams, and Exam 3 uses remote proctoring. Waivers may be available to candidates who completed general insurance specialization in countries with mutual recognition agreements, on a country-by-country basis elsewhere.\"},{\"question\":\"What are the costs for the CSPA assessments and related materials?\",\"answer\":\"iCAS annual dues of $250 do not cover assessments. The cost is approximately $800 per exam for four exams, with additional required materials for Exam 2 (about $100) and extra optional study materials for Exams 1 and 2; project revision may incur an extra fee if a third month is needed.\"}]","Questions from iCAS Webinar - September 28, 2017 | PDF",1790495554,15]