[[Actuarial Notes Wiki|Wiki]] / [[Actuarial Certifications]] / [[Casualty Actuarial Society (CAS)]] / ==Fellow of the Casualty Actuarial Society (FCAS)== ## FCAS Study Guide > The **FCAS** credential is awarded by the Casualty Actuarial Society (CAS) and demonstrates proficiency in the [[Property and Casualty Insurance (P&C)|property and casualty]] actuarial practice. To earn an FCAS, candidates must pass exams and fulfill other professional requirements. >- **ACAS**: A prerequisite credential awarded by the CAS >- **3 Exams**: Computer-based tests with multiple choice and short answer questions. >- **3 Years of Experience**: Actuarial work done under the supervision of an Actuary. | FCAS Requirement (2025) | Description | | ------------------------------------------------------ | ---------------------------------------------------------------------------------------------------------- | | [[Associate of the Casualty Actuarial Society (ACAS)]] | **⭐ Credential** ACAS | | [[Exam 7 (CAS)\|Exam 7]] | **📝 Exam** Advanced Estimation of Claims Liabilities | | [[Exam 8 (CAS)\|Exam 8]] | **📝 Exam** Advanced Ratemaking | | [[Exam 9 (CAS)\|Exam 9]] | **📝 Exam** Risk Management for Actuaries | | 3 Years of Work Experience | **✨ Experience** Three years of actuarial work experience under the supervision of a credentialed actuary. | ## How long does it take to become an FCAS? The CAS published a [2016 Travel Time Analysis](https://www.casact.org/sites/default/files/2021-02/Updated_Travel_Time_Infographic__2016.pdf) which tracked how long it took to earn an FCAS from 1990 to 2014. In 2010 to 2014, it took a **median of 6.5 years from 1st employment and 8.25 years from 1st preliminary examination.** The fastest Travel Time ever recorded was 3.17 years. You can find the most recent Travel Times and detailed exam data on [Actuarial Lookup](https://www.actuarial-lookup.com/travel-times).