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Updated: Aug 03, 2026

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IFoA IFoA_CAA_M0 Exam Overview:

Certification Vendor:Institute and Faculty of Actuaries (IFoA) / CAA Global
Exam Name:Module 0 - Entry Exam (CAA Module 0)
Exam Number:IFoA_CAA_M0
Available Languages:English
Exam Duration:120 minutes
Related Certifications:Certified Actuarial Analyst (CAA) Modules 1-5
Real Exam Qty:60–64 (varies by session)
Exam Format:Computer-based multiple-choice questions (MCQ)
Recommended Training:CAA Global Candidate Support Materials
Exam Registration:IFoA Certified Actuarial Analyst qualification page
Sample Questions:IFoA IFoA_CAA_M0 Sample Questions
Exam Way:Computer-based exam (typically delivered via Pearson VUE test centres or approved online CBT environment depending on session)
Pre Condition:No formal prerequisite exams required. Open entry exam for the CAA qualification pathway. Candidates must pass Module 0 before progressing to Modules 1–5.
Official Syllabus URL:https://www.actuaries.org.uk/qualify/caa

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
  • Demonstrate how the basic chain ladder method can be adjusted to make explicitallowance for inflation
Topic 3
  • Apply the principles of statistical inference to select suitable loss distributions for setsof claims
Topic 4
  • Derive the moment generating function of the sum of N independent random variables
  • Risk models involving fr equency and severity distributions
Topic 5
  • Probabilities and Moments of loss destribution both with and without limits an risk-sharing arrangements
Topic 6
  • 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 7
  • 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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