Free Actuarial Practice Exams

Start practicing for your actuarial exams today with free mini exams for all 7 SOA and CAS preliminary exams. No credit card required.

What you get free

14

Free Mini Exams

2 per exam

420

Practice Questions

With full explanations

140

Flashcards

20 per exam

Practice Exams by Exam

Exam P: Probability

Probability distributions, conditional probability, Bayes theorem, random variables, expected value

2 free mini exams (30 questions each) + 20 free flashcards

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Exam FM: Financial Mathematics

Interest theory, annuities, bonds, loan amortization, yield rates

2 free mini exams (30 questions each) + 20 free flashcards

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Exam SRM: Statistics for Risk Modeling

Linear regression, GLMs, time series, principal components, decision trees

2 free mini exams (30 questions each) + 20 free flashcards

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Exam STAM: Short-Term Actuarial Mathematics

Loss distributions, credibility theory, ratemaking, reserving methods

2 free mini exams (30 questions each) + 20 free flashcards

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Exam LTAM: Long-Term Actuarial Mathematics

Life contingencies, survival models, life insurance, annuities, reserves

2 free mini exams (30 questions each) + 20 free flashcards

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Exam MAS-I: Modern Actuarial Statistics I

Probability models, Bayesian analysis, Markov chains, simulation

2 free mini exams (30 questions each) + 20 free flashcards

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Exam MAS-II: Modern Actuarial Statistics II

Credibility, GLMs, loss reserving, pricing, reinsurance

2 free mini exams (30 questions each) + 20 free flashcards

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How Our Practice Exams Work

ActuaryPractice offers three types of practice materials for each of the 7 preliminary actuarial exams:

  • Flashcards cover key concepts, formulas, and definitions for each exam topic. Use them to build foundational knowledge and review before exam day. 20 flashcards per exam are free.
  • Mini Exams contain 30 questions each and typically take 45 to 60 minutes. They provide focused practice on exam-style questions with immediate feedback and detailed explanations. 2 mini exams per exam are free.
  • Full-Length Simulations mirror the actual exam format, including the same number of questions, time limits, and difficulty distribution. They are the closest you can get to the real exam experience. Full simulations require a paid plan.

Why Practice Exams Matter

Research consistently shows that active recall through practice testing is one of the most effective study strategies. For actuarial exams, practice exams serve several purposes:

  • They reveal which topics you need to review before exam day
  • They build familiarity with the question format and pacing
  • They reduce test anxiety by simulating the exam experience
  • They strengthen long-term retention of concepts and formulas

All Questions Are Original

Every question on ActuaryPractice is written specifically for our platform. We do not repackage publicly available problems from SOA or CAS sample exams. Each question is crafted to match the style, difficulty, and topic distribution of actual exams, giving you fresh material that tests the same skills exam committees target.

Frequently Asked Questions

Are the practice exams really free?

Yes. Every account gets 2 free mini exams per exam (14 total across all 7 exams) with no credit card required. Each mini exam has 30 questions with detailed explanations.

How many free practice questions can I access?

With a free account, you get 2 mini exams per exam (60 questions per exam) plus 20 flashcards per exam. That totals 420 free practice questions and 140 free flashcards across all 7 exams.

Do the free practice exams include answer explanations?

Yes. Every question includes a detailed explanation that covers the correct approach and explains why each wrong answer is incorrect.

What is the difference between mini exams and full-length simulations?

Mini exams have 30 questions and take 45 to 60 minutes. Full-length simulations mirror the actual exam format with the same question count, time limits, and difficulty distribution. Mini exams are included in the free tier; full-length simulations require a paid plan.

Ready to start?

Create a free account and start practicing with 420 questions across all 7 exams.

Start Studying Free