The aim of Life Insurance Specialist Advanced (SA2) is to develop a student’s expertise to a level that allows the successful application of knowledge of the life insurance environment and the principles of actuarial practice for life insurance business.
It builds on material covered in Subject SP2 and earlier subjects and seeks to equip a student with the skills and broad working understanding of life insurance business to the level that may be required of a senior manager of a life insurance company.
Life Insurance Specialist Advanced (SA2) core reading is available from the IFoA E-Shop or our tuition provider ActEd (BPP).
From September 2021, an additional 5 minutes has been added to each paper to allow for candidates to download or print, if required, their exam paper.
Resources for SA2
Past papers and examiners reports for SA2
SA2 Syllabus for 2024 exams (PDF, 171 KB)
Life Insurance Advanced (SA2) core reading
Exam format: 3 hours 20 minutes computer-based exam (Word)
Recommended study hours: 200