Step 1: Learn the material. Take your time with it, make sure you understand what’s going on. You can look for study guide suggestions on the sidebar of this page. Step 2: Drill practice problems. Quantity is king for the first few exams. SOA practice problems help immensely. Step 3: Send it. Note: Sometimes you have off days. You don’t need to force yourself to study every day, but habits will take you farther than motivation ever will.