Make the actuarial exams less painful. We’ll show you how to pass in less time.
Roy Ju, FSA, CERA
Roy Ju serves in a director-level role at Nationwide in Columbus, Ohio. He works as a Senior Actuary within Life & Annuity business lines. Roy became the youngest FSA in SOA history in August 2015, at the age of 20.
He is a Cedar Falls, Iowa native who graduated from Drake University in 2016, studying finance, economics, and actuarial science.
He has strong interests in financial markets, investments, economics, and international business.
- Hobbies: Nutrition, Cooking, Tennis, Card Games, Board Games, Reading, Volunteering
- Favorite books: What Got You Here Won’t Get You There; The Intelligent Investor; The Personal MBA; SuperFreakonomics; Stumbling on Happiness; 7 Habits of Highly Effective People; Thinking, Fast and Slow; So Good They Can’t Ignore You; The Rainmaker; The Partner
- Favorite restaurants: HuHot, Chick-fil-A, Chipotle
- Favorite foods: Turkey, Broccoli, Kimchi, Peanut butter, Sriracha
- Favorite shows: Shark Tank; Undercover Boss; Man vs. Food; Diners, Drive-Ins and Dives
Mike Jennings, FSA, CERA
Mike grew up in Lockport, IL and studied actuarial science at Drake University. He graduated in 2015 and started a full-time actuarial position at Principal Financial Group in Des Moines, IA. He finished his FSA in August, 2017 studying the Corporate Finance and ERM track.
- Hobbies: Reading, Weight Lifting, Nutrition
- Favorite books: Steve Jobs; The Four Hour Workweek; So Good They Can’t Ignore You; Thinking, Fast and Slow; The Black Swan; The Obstacle is the Way (or any book on Stoicism); The Sea-Wolf
- Favorite podcasts: The Tim Ferriss Show, The Kevin Rose Show, Smart Passive Income, The Joe Rogan Experience
- Favorite restaurant: Fogo de Chao
- Favorite movies: The Imitation Game, The Social Network, A Beautiful Mind, 21, Limitless, Fight Club, The Big Short, Zoolander
The most common advice for actuarial exams is to do as many practice problems as possible. It works, but is it optimal? Here are two ways to take a quality over quantity approach.
People told me I needed 300-500 study hours to pass a 5-hour FSA exam. I didn’t have time for that – I still needed to balance writing a book, my actuarial job, and wedding planning. Here’s my experiment to cut down on study time.
Students often discuss strategies for reviewing actuarial exam material (which practice problems to use, or how many to complete). However, there is a key part of the study process that is often overlooked in discussions of study strategy.
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