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The Joint Board for the
Enrollment of Actuaries administers two examinations to prospective enrolled actuaries. Once the two examinations have been passed, and an individual has also obtained sufficient relevant professional experience, that individual becomes an enrolled actuary.
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The second (EA-2) examination consists of two segments, which are offered during separate exam sittings in either the fall or the spring. Segment F covers the selection of actuarial assumptions, actuarial cost methods, and the calculation of minimum (required) and maximum
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firms, investment and insurance brokers, accounting firms, government organizations, and law firms. Some firms that employ enrolled actuaries combine two or more of these practice specialties.
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The first exam (EA-1) tests basic knowledge of the mathematics of compound interest, the mathematics of life contingencies, and practical demographic analysis.
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of 1974 (ERISA). Enrolled actuaries, under regulations of the
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under ERISA. As of July, 2020, there were approximately
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