Actua is a free AI-powered actuarial calculator and exam prep tool. It uses Python + SymPy to execute calculations deterministically, ensuring every result is verified and reproducible. It covers SOA exams (P, FM, FAM, LTAM, STAM, SRM, PA), IFoA exams (CM1, CM2, CS1, CS2), IFRS 17, Solvency II, loss reserving, life insurance, pensions, and risk management.

Is Actua free to use?

Yes. Actua offers 5 free queries per day with no sign-up required, covering all 13 actuarial topic areas with KaTeX math rendering. Student ($30/month) unlocks unlimited queries, step-by-step LaTeX derivations, exam practice and persistent history. Professional ($100/month) adds the full workbench: your own data sources, guided reserving, Python notebooks, Excel export and a sign-off audit trail.

Which actuarial exams does Actua cover?

Actua covers all major actuarial exam syllabi: SOA Exam P (Probability), FM (Financial Mathematics), FAM (Fundamentals of Actuarial Mathematics), LTAM (Long-Term Actuarial Mathematics), STAM (Short-Term Actuarial Mathematics), SRM (Statistics for Risk Modeling), and PA (Predictive Analytics). It also covers IFoA exams CM1, CM2, CS1, and CS2.

How does Actua verify its calculations?

Actua uses a neurosymbolic approach: the AI interprets your question and generates a Python script using SymPy or NumPy. This script is executed server-side to produce the result. The AI never performs arithmetic, only the deterministic computation engine does. Every answer includes the full audit trail: LaTeX derivation, Python code, and assumptions.

Can I upload Excel files to Actua?

Yes. Pro users can upload loss triangles, mortality tables, premium data, and any actuarial spreadsheet (.xlsx, .xls, .csv). Actua automatically detects the data type (loss triangle, mortality table, IFRS 17 data, etc.) and suggests relevant analyses. You can also export calculation results as audit-ready Excel workbooks with live formulas.

Does Actua support handwriting recognition for exam solutions?

Actua provides exam-style practice questions whose correct answer is computed by its deterministic engine rather than written into an answer key, so the number you are marked against is the one a working actuary would get. A wrong choice explains which misconception it represents. Uploading photographs of handwritten solutions is on the roadmap and not yet available.

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Actua by Evolvion · Sydney, Australia

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Actua by Evolvion · Sydney, Australia