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Updated: Jul 26, 2026

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IFoA IFoA_CAA_M0 Exam Overview:

Certification Vendor:Institute and Faculty of Actuaries (IFoA)
Exam Name:Module 0 - Entry Exam
Exam Number:IFoA_CAA_M0
Real Exam Qty:60
Exam Duration:120 minutes
Exam Price:See IFoA exam fees (varies by member status and location)
Exam Format:Multiple Choice
Certificate Validity Period:No fixed validity (must be passed before progressing to further modules)
Available Languages:English
Related Certifications:Certified Actuarial Analyst (CAA)
Passing Score:Not officially published (pass standard set by IFoA)
Sample Questions:IFoA IFoA_CAA_M0 Sample Questions
Exam Way:Computer-Based Testing at authorised Pearson VUE exam centres worldwide. :contentReference[oaicite:1]{index=1}
Pre Condition:None — this entry exam is taken before other CAA modules and must be passed to progress on the CAA qualification pathway via the IFoA. Student Actuarial Analyst status is required to take subsequent modules. :contentReference[oaicite:0]{index=0}
Official Syllabus URL:https://actuaries.org.uk/qualify/my-exams/certified-actuarial-analyst/

IFoA IFoA_CAA_M0 Exam Syllabus Topics:

TopicDetails
Topic 1
  • Define moments and moment generating functions
  • Calculate the adjustment coefficient for a compound Poisson process in simple cases
Topic 2
  • Apply the principles of statistical inference to select suitable loss distributions for setsof claims
Topic 3
  • Demonstrate how the basic chain ladder method can be adjusted to make explicitallowance for inflation
Topic 4
  • Describe the major simplifying assumptions underlying the models in 2(i)
  • Describe the operation of simple forms of proportional and excess of loss reinsurance
Topic 5
  • Apply the basic chain ladder method for completing the run-off triangle
  • Define the probability of ruin in infinite
  • finite and continuous
  • discrete time
Topic 6
  • Explain relationships between the different probabilities of ruin
  • Risk models involving frequency an dseverity distributions

Reference: https://actuaries.org.uk/qualify/my-exams/certified-actuarial-analyst/

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