LTAM is considered one of the more challenging actuarial exams because it combines complex mathematical concepts with practical applications in mortality and pension calculations. Many candidates find the transition from probability-based exams to applied life contingencies conceptually demanding. Success typically requires both strong mathematical foundations and focused study strategies tailored to the exam's specific content areas.

Most actuarial candidates dedicate 3-4 months of consistent study to prepare for LTAM, though this varies based on your background in calculus, probability, and life contingencies. A typical study schedule involves 10-15 hours per week of focused preparation, including working through practice problems, reviewing core concepts, and taking full-length practice exams. Starting with a diagnostic assessment helps identify your strongest and weakest areas so you can allocate study time efficiently.

Students often struggle with understanding the underlying life contingency concepts before jumping into calculations, managing the heavy computational workload under time pressure, and applying formulas to unfamiliar problem scenarios. Additionally, many find the pension mathematics section particularly challenging because it requires integrating multiple concepts simultaneously. Personalized tutoring helps you build conceptual clarity first, then develop efficient problem-solving strategies and time management skills.

Varsity Tutors connects you with expert actuarial tutors who can identify your specific knowledge gaps, explain complex life contingency concepts in multiple ways, and teach you efficient problem-solving techniques for exam questions. A tutor works with you to build a customized study plan, provides targeted practice on weak areas, and helps you develop test-taking strategies and confidence. This personalized approach is far more efficient than generic study materials alone.

Your first session focuses on understanding your background, assessing your current knowledge of life contingencies and survival models, and identifying your specific challenges. The tutor will likely review sample LTAM problems to see your problem-solving approach, discuss your study timeline and goals, and outline a personalized tutoring plan. This foundation ensures that all future sessions are targeted directly at helping you master the content and pass the exam.

Practice tests are crucial for LTAM preparation because they help you identify weak content areas, build familiarity with the exam's question formats and pacing, and develop time management skills under realistic conditions. Taking full-length practice exams every 2-3 weeks allows you to track progress and adjust your study strategy as needed. Many candidates find that working through practice problems with a tutor—reviewing both correct and incorrect answers—accelerates learning far more than practicing alone.

Varsity Tutors connects you with experienced actuarial tutors who specialize in LTAM and understand the exam's specific content and challenges. You can share your study timeline, current knowledge level, and learning preferences, and we'll match you with a tutor who fits your needs. Getting started is simple—reach out to discuss your goals and we'll help you find the right expert to support your exam preparation.