AES – Automated Examination Specialist
🧭 Overview
AES – Automated Examination Specialist is a specialized designation offered by the Society of Financial Examiners (SOFE). It is designed for professionals conducting IT-focused financial examinations of insurance companies and other regulated entities. The AES credential validates expertise in evaluating internal controls, cybersecurity, and automated systems using the NAIC’s Exhibit C framework.
AES designees are trained to assess technology risks and control environments within financial institutions, often working alongside financial examiners and regulators. The designation integrates IT audit principles with regulatory oversight, making it ideal for examiners with a technical background or those specializing in automated systems.
📚 Requirements
- Successful completion of SOFE exams:
- AFE1 – Life and Health Insurance Fundamentals
- AFE2 – Property and Liability Insurance Fundamentals
- AES Proficiency Exam (50 questions, 180 minutes)
- Completion of the CISA exam from ISACA (Information Systems Audit and Control Association)
- Minimum of 3,200 hours of IT examination experience using NAIC Exhibit C methodology
- Up to 1,600 hours of experience credit may be granted for:
- Active CFE designation – 400 hours
- Active CISA designation – 800 hours
- Bachelor’s in IT – 400 hours; Master’s in IT – 600 hours
- SOFE membership in good standing (General Member, AFE, or CFE)
- Formal application approved by SOFE’s AES and Executive Committees
🤝 Community & Recognition
AES designees are part of SOFE’s specialized examiner network and are recognized by state insurance departments and regulatory agencies for their technical expertise. The designation supports collaboration between financial and IT examiners and is aligned with NAIC cybersecurity and solvency oversight standards. AES holders must meet annual and triennial continuing education requirements to maintain active status.
📜 Quick Facts
Issuing Organization: Society of Financial Examiners (SOFE)
Website: [AES Program Overview](https://www.sofe.org/education/automated-examination-specialist.html)
Credential Focus: IT examination, internal controls, cybersecurity, NAIC Exhibit C
Audience: Insurance examiners, IT auditors, regulatory analysts
Continuing Education: 20 hours annually (including ethics, NAIC updates, and IT credits); 120 hours every three years
Related Designations: AFE, CFE, CISA
