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Old 01-10-2020, 10:31 AM
girlMOM girlMOM is offline
Join Date: Jun 2019
Posts: 11
Default ERM for ILA Track

I am debating whether to do the ERM exam or Life ALM and Modeling. The SOA website under FSA requirements used to say "Life ALM and Modeling Exam or ERM Exam". Now it doesn't say "or ERM Exam". I was leaning toward ERM but would it still count for credit toward Life ALM? It would be THE WORST if I took ERM but it didn't count.
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Old 01-10-2020, 10:41 AM
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PAK PAK is offline
Eddy Chan, FSA, CERA, MAAA
Join Date: Aug 2006
Favorite beer: Saki
Posts: 3,272

Good catch!

If you click on the Life ALM and Modeling Exam (, you will find this description:

"Life ALM and Modeling Management is a two-hour written-answer exam that will be offered in the spring and fall of each year. It is a requirement of the Individual Life and Annuities Track. However, the Enterprise Risk Management (ERM) Exam may be substituted for this exam."

I think it answers your question.

PAK Study Manual Packages/Seminars for CFE/SDM/ERM Spring 2020

ERM: Manual (Sample) / Online Seminar (Sample) (Offer all 6 extensions)
SDM: Manual (Sample) / Online Seminar (Sample)
CFE: Manual (Sample) / Online Seminar (Sample)
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Old 01-10-2020, 02:26 PM
girlMOM girlMOM is offline
Join Date: Jun 2019
Posts: 11

Update - they added the "or ERM Exam" wording back to the ILA track. Thanks!
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