@samanthac,
samanthac wrote:Any actuaries here or anyone who had passed the actuary exams?
I believe so, but they keep you guessing. (I am not one.)
Quote:What is the best way to prepare for the exams?
It seems to me the best way to prepare for the first exam is to develop a solid work history before you even take it, because the ultimate goal in taking that exam is not to pass, but rather to land a job in the profession
after passing. It's my understanding that once you pass the first exam, you're "on the clock" to land jobs and pass more exams. That is why I have not attempted Exam P.
As far as the best way to prepare to answer the questions correctly within a 3-hour span is concerned, that probably depends on what kind of mind you have. You may have a receptive mind that enables you to quickly learn problem-solving procedures that others have devised, or you may be aggressive and want to devise your own approach to analysing problems.