SRM focuses on statistical modeling and risk assessment, including generalized linear models (GLMs), survival analysis, time series forecasting, credibility theory, and machine learning techniques. The exam emphasizes practical application of these methods using real data and software, with questions often requiring you to interpret statistical output, select appropriate models, and make business recommendations based on analysis.

Most candidates benefit from 3-6 months of focused preparation, dedicating 10-15 hours per week to studying. Your timeline depends on your background in statistics and modeling—those with strong quantitative foundations may need less time, while others benefit from extended preparation. A structured study plan with regular practice exams helps you identify weak areas early and adjust your focus accordingly.

Many candidates struggle with the breadth of statistical concepts and their practical applications, especially translating theoretical knowledge into solving complex modeling problems under time pressure. Understanding when to apply specific models, interpreting software output correctly, and managing the exam's pace are common pain points. Personalized 1-on-1 instruction helps you develop problem-solving strategies and build confidence in applying the right techniques to unfamiliar scenarios.

Practice exams are essential for SRM success—they help you understand the question format, identify knowledge gaps, and build time management skills. Taking full-length practice tests under exam conditions reveals which topics need more review and helps you develop strategies for tackling complex, multi-part questions. Tutors can review your practice exam performance with you to pinpoint specific weaknesses and refine your approach before test day.

Varsity Tutors connects you with expert tutors who understand the SRM curriculum deeply and can explain complex statistical concepts in ways that click for you. A tutor can help you develop a personalized study plan, work through challenging problem types, review practice exam results to identify patterns in your mistakes, and teach you strategies for managing time and test anxiety on exam day.

The SOA uses a pass/fail system for SRM rather than numerical scores. To pass, you need to demonstrate competency across all major content areas. Your tutor can help you understand the depth of knowledge required for each topic and ensure you're prepared to tackle questions across the full range of difficulty levels on exam day.

Getting started is simple—connect with Varsity Tutors to be matched with a tutor who specializes in actuarial exam preparation and has deep expertise in SRM content. Your tutor will assess your current knowledge, understand your timeline and goals, and create a personalized study plan tailored to your learning style and schedule. Whether you're just beginning your prep or fine-tuning before test day, expert tutors can help you build the confidence and skills needed to pass.