The Joint Board for the Enrollment of Actuaries (JBEA)administers two actuarial examinations that must be successfully completed by individuals to satisfy the actuarial knowledge requirement for the designation of Enrolled Actuary. These examinations are co-sponsored by ASPPA, the Society of Actuaries, and the Joint Board for the Enrollment of Actuaries.

EA Exam Syllabus & Reading Materials
EA Review Courses
EA Study Tips

The examinations are structured as follows:

• The basic (EA-1) examination tests knowledge of (1) the mathematics of compound interest and practical financial analysis and (2) the mathematics of life contingencies and practical demographic analysis.
• The pension (EA-2) examination, which consists of two segments, tests


1. In Segment A, the selection of actuarial assumptions, actuarial cost methods, and the calculation of minimum required and maximum deductible contributions, and 
2. In Segment B, knowledge of relevant federal pension laws (in particular, the provisions of the Employee Retirement Income Security Act and related laws, regulations, and rulings) as they affect pension actuarial practice.

The EA-1 and the EA-2 (Segment B) examinations are given each May; the EA-2 (Segment A) examination is given each November.

A candidate for enrollment may be able to satisfy part of the actuarial knowledge requirement of the Joint Board regulations by earning a degree in actuarial mathematics or its equivalent from an accredited college or university. Such candidates will not have to pass the EA-1 examination. The courses in the plan of study and their successful completion must comply with guidelines adopted by the Joint Board for determining what demonstrates the prerequisite knowledge. The Joint Board will grant a waiver of the EA-1 examination to any candidate who received credit from the Society of Actuaries (SOA) for Courses FM and MLC of the SOA’s education and examination program. 

EA Exam Registration

For more information on registering for EA examinations please call the Society of Actuaries at 847.706.3500 or visit their website at http://www.soa.org/.

EA Study Materials

Please refer to the Joint Board’s examination programfor a complete list of suggested readings for the EA-1, EA-2(A) and EA-2(B) exams. The ERISA Outline Book, 2007 edition and the Actuarial Cost Method, A Review are available for purchase on the ASPPA bookstoreor by downloading the ASPPA Publication Order Form. Study Notes are available for purchase through the SOA’s website at http://www.soa.org/. To order other publications listed in the JBEA exam program please contact:

ACTEX
http://www.actexmadriver.com/
1-800-282-2839

Actuarial Bookstore
http://www.actuarialbookstore.com/
1-800-582-9672