The VEE (Validation by Educational Experience) requirement is jointly sponsored by the Society of Actuaries (SOA), Casualty Actuarial Society (CAS) and Canadian Institute of Actuaries (CIA). Completion of VEE courses is a requirement for obtaining associateship.
The VEE courses are not prerequisites for the preliminary exams and may be fulfilled independently of the exam process. However, you must pass two SOA or CAS actuarial exams before applying to the SOA to have your VEE credit added to your record. The SOA has a detailed help section on VEE frequently asked questions here.
- Mathematical Statistics
- Accounting & Finance
Obtaining VEE Credit
Some students are able to obtain VEE credit for coursework they completed in undergraduate or graduate school. Other actuarial candidates choose to obtain VEE credit after school through SOA/CAS approved online courses that include a proctored exam.
The SOA offers a tool, VEE Directory of Approved Courses and Alternate Options, that may be used to search for classes or online courses. Search for a school by state or select alternative options to find online courses. In addition, ACTEX Learning offers VEE Courses for SOA/CAS credit on all required topics. The ACTEX VEE courses are consistently well reviewed and provide instructor support.
Claiming VEE Credit
Candidates can apply to receive credit for their VEE courses at any time after passing two SOA exams. There are two key dates to be aware of:
- Earned Date: The earned date is the date on which the experience was completed and the qualifying grade received.
- Claimed Date: The claimed date is when a candidate applies for credit. If the VEE Candidate Credit application is accepted by the SOA, the date of approval is the claimed date. At this point the VEE credit is on the candidate’s transcript and can be applied toward an SOA designation (or other association that accepts SOA VEE credits).
Keep up-to-date on changes to the SOA’s VEE requirements on the SOA’s Curriculum Changes web page.