Core Financial Skills Validated by the SOFE AFE Practice Test

The AFE practice test is designed to confirm that candidates possess the essential financial skills required to evaluate the financial health and regulatory compliance of insurance organizations. SOFE AFE practice test validates a strong understanding of statutory accounting principles for both life/health and property/liability insurers, including how financial statements are prepared, analyzed, and interpreted for solvency assessment. The AFE practice questions also measures a candidate’s ability to perform financial ratio analysis, assess reserves, evaluate capital adequacy, and identify trends that may signal financial risk. Accredited financial examiner reinforces knowledge of insurance-specific regulations, reporting requirements, and compliance standards, ensuring candidates can apply financial analysis within a regulatory framework. By simulating exam-style questions across these core areas, the AFE practice test helps insurance professionals and financial analysts build confidence in their foundational expertise while preparing to make sound, data-driven financial judgments in real-world insurance environments.