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Finance

Issued by SOA

Actuary ASA — Associate of the Society of Actuaries is a professional certification issued by SOA. ASA is the entry actuarial credential from the Society of Actuaries — required for actuarial analysts at insurance companies, consulting firms, and pension funds.

→ Stable Demand 📊 Expert Updated 21 hours ago
At a Glance
Exam Cost$300 per exam (7 exams)
RenewalAnnual CPD
ExperiencePass preliminary exams + VEE requirements
Exam FormatMultiple choice + written answer exams
Job Postings466
Avg Salary$181K

📈 Employer Demand

466
Active Job Postings
$181K
Avg Salary
$80K – $331K
Salary Range

Top Employers Requesting This Certification

#EmployerOpen RolesDemand
1 Deloitte 12
2 CVS Health 8
3 Mercor 3
4 Genworth 2
5 WTW 2
6 CareFirst 2
7 Centene Corporation 2
8 Jackson National Life Insurance 2
9 Blue Shield of California 2
10 Pacific Life Insurance Company 1

Source: Adzuna job postings · Updated 21 hours ago

Regional Demand

📍 New York City 4 postings
📍 Hartford County 3 postings
📍 Ingham County 3 postings
📍 Orange County 2 postings
📍 Richmond County 2 postings
📍 Davidson County 2 postings
📍 Baltimore County 2 postings
📍 Providence County 2 postings

💼 Common Job Titles Requiring This Certification

Health Actuary Consulting Senior Manager Manager, Actuarial - Employer Group Waiver Plan Lead Associate Actuarial Associate - Medicare Risk Adjustment (Remote) Actuarial Analyst - Life Insurance and Annuity Markets, Associate Actuary Lead Actuary - RILA Actuarial Analyst, Experienced

💰 Salary Insights

Salary Distribution from Job Postings Source: Adzuna

Based on job postings that include salary data. Figures represent posted ranges, not guaranteed compensation.

📊 Return on Investment

$300
Estimated Exam Cost
+$18K/yr
Est. Salary Uplift (10%)
0 mo
Estimated ROI Period
$90K
5-Year Net Value

* ROI estimates assume a 10% salary uplift from certification attainment. Actual results vary by role, employer, and experience level.

ℹ️ About This Certification

Our Take: The Society of Actuaries issues the Associate of the Society of Actuaries (ASA) credential, a respected certification that finance professionals pursue to advance their careers in risk management and insurance. This designation validates expertise in probability, financial mathematics, and life contingencies, making it essential for actuaries seeking growth in competitive markets. The credential carries real market value, with 671 active U.S. job postings and an average salary of $156,000 annually. Candidates should budget approximately $2,100 to complete all seven required exams at $300 each, plus commit to annual continuing professional development to maintain their credentials, ensuring they stay current with industry standards and evolving actuarial practices.

❓ Frequently Asked Questions

Is the Actuary ASA — Associate of the Society of Actuaries worth it? +
Based on current job posting data, the Actuary ASA — Associate of the Society of Actuaries appears in 466 active job postings with an average salary of $181K. Demand signals suggest this certification has strong employer recognition.
Which employers request Actuary ASA — Associate of the Society of Actuaries? +
Top employers currently listing Actuary ASA — Associate of the Society of Actuaries in job postings include: Deloitte, CVS Health, Mercor, Genworth, WTW.
How much does the Actuary ASA — Associate of the Society of Actuaries exam cost? +
The Actuary ASA — Associate of the Society of Actuaries exam costs approximately $300 per exam (7 exams). Costs may vary based on location, membership status, and retake fees. Always check the official issuer website for current pricing.
How often does Actuary ASA — Associate of the Society of Actuaries need to be renewed? +
The Actuary ASA — Associate of the Society of Actuaries requires renewal every Annual CPD. Renewal typically involves earning continuing education units (CEUs) or professional development hours. Check with SOA for specific requirements.

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