All versions of the examination are constructed to be of comparable difficulty to one another. For the January 2023 administration of Examination P, an average of 71% correct was needed to pass the exam.

Whether you're choosing an undergraduate major or considering a career change, you can become an actuary by following a clear career trajectory. Actuaries need a bachelor's degree for entry-level roles. In these roles, actuaries complete the certification process, which requires passing a minimum of seven exams.

But unlike doctors or lawyers, actuaries need to, in order to become fully credentialed, pass a series of difficult tests called Actuarial Exams. These are very hard. Very very hard. The preliminary exams are 3 hours long, consisting of 30-35 multiple choice problems, and the pass rate is typically only 30-40%.

Your Candidate ID/Eligibility ID can be found on your order confirmation email or in your Order History. It will be labeled as the “Candidate ID”.