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ILA 201-I Valuation and Advanced Product and Risk Management, International

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Exam Essentials

Fee $1,150
Dates and Deadlines

2026 Exam Schedule

  • March 2026
  • July 2026
  • November 2026

The Valuation and Advanced Product and Risk Management, International course is the second part of the two-course sequence in the Individual Life and Annuities practice area. Candidates may take either ILA 201-I or ILA 201-U as part of their sequence (but may not receive credit for both).

Course Learning Objectives

Upon successful completion of ILA 201-I Valuation and Advanced Product and Risk Management, International, you will understand the following learning objectives:

  • Valuation principles for individual life insurance and annuity products issued by international life insurance companies;
  • International capital requirements, the approaches and tools of financial capital management for international life insurance companies;
  • Various approaches to manage and evaluate life insurance risks; and
  • Value creation and inforce management techniques for life and annuity products.

How Should I Study?

As part of the evolution of the FSA pathway, the SOA is committed to improving your learning experience through better source materials. To study for ILA 201-I Valuation and Advanced Product and Risk Management, International, start with the syllabus and continue with the other materials, including the course strategy guide.

Syllabus Materials

Nov 2026/Mar 2027/Jul 2027

 

Nov 2025/Mar 2026/Jul 2026

Syllabus Updates

  • June 9, 2026 - The “CIA Educational Note: Financial Condition Testing” page inclusions were listed incorrectly on the Nov25/Mar26/Jul26 syllabus. This has been updated in the syllabus to reflect that candidates are responsible for the reading excluding Appendix B.

Books and Study Notes

Supplemental Study Materials

Related Links

Additional Information

Course Information

Course Resources