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Forum: Exam 7 - Estimation of Policy Liability & ERM Yesterday, 10:35 AM
Replies: 358
Views: 34,236
Posted By manaknight14
I lived through both the 2018 and 2019 editions...

I lived through both the 2018 and 2019 editions of this exam. At least so far, 2018 is the outlier and not the new normal. That thing was absurd. The 2019 exam was more on the difficulty level I...
Forum: Exam 9 - Financial Risk & Rate of Return 01-19-2020, 04:14 PM
Replies: 341
Views: 39,534
Posted By manaknight14
https://www.amazon.com/Investments-Standalone-Zvi-...

https://www.amazon.com/Investments-Standalone-Zvi-Bodie-Professor/dp/1259277178/

The "complete online text references" link only includes stuff you can download from the CAS for free. Study kit...
Forum: Pension - Social Security 01-16-2020, 12:20 PM
Replies: 501
Views: 153,860
Posted By manaknight14
I'm beginning to wonder if France just needs its...

I'm beginning to wonder if France just needs its own thread at this point.

inb4 dedicated pensions thread for Illinois.
Forum: Exam 7 - Estimation of Policy Liability & ERM 01-14-2020, 02:13 PM
Replies: 358
Views: 34,236
Posted By manaknight14
This happened to me when I was a new ACAS too....

This happened to me when I was a new ACAS too. Wrote it off to being new as you are thinking, but it didn't show up the next year either. It took me asking the CAS "do I owe this $80 fee or is it...
Forum: Exam 9 - Financial Risk & Rate of Return 01-07-2020, 02:48 PM
Replies: 341
Views: 39,534
Posted By manaknight14
:iatp: This is what I'm doing. CC even pulls a...

:iatp:
This is what I'm doing. CC even pulls a few BKM end-of-chapter questions into her problem set, so I figure she picks out the ones that are most comparable to the exam.
Forum: Exam 9 - Financial Risk & Rate of Return 01-02-2020, 02:00 PM
Replies: 341
Views: 39,534
Posted By manaknight14
Finally started studying this week. Finished BKM...

Finally started studying this week. Finished BKM 6 and currently reading through 7. So far the material is actually interesting.
Forum: Exam 9 - Financial Risk & Rate of Return 12-17-2019, 04:09 PM
Replies: 19
Views: 1,013
Posted By manaknight14
What if you're in le pricing?

What if you're in le pricing?
Forum: Exam 8 - Advanced Ratemaking 12-17-2019, 10:11 AM
Replies: 1,957
Views: 217,681
Posted By manaknight14
A question that tests you on whether or not a...

A question that tests you on whether or not a claim that exactly equals a franchise deductible gets paid is not one I would classify as "great."
Forum: Exam 8 - Advanced Ratemaking 12-17-2019, 09:42 AM
Replies: 1,957
Views: 217,681
Posted By manaknight14
This is by no means unique to the exam you just...

This is by no means unique to the exam you just took. I've dealt with 4 IQs across three exam sittings, and in my experience this quote would describe all of them.
Forum: Careers - Employment 11-21-2019, 03:00 PM
Replies: 16
Views: 1,651
Posted By manaknight14
Let me get this straight. You believe that Exam...

Let me get this straight. You believe that Exam 6, an exam with a syllabus that needs five pages just to list the names of all the papers it covers (see page 12...
Forum: Sports 11-21-2019, 10:29 AM
Replies: 196
Views: 17,991
Posted By manaknight14
The 76ers FB feed is populated with several...

The 76ers FB feed is populated with several videos celebrating the fact that Simmons hit a 3. Strangely, they look like they might be legit media from the team's social media presence. I would have...
Forum: Course 2 - Insurance Accounting/Law/Regulation 11-15-2019, 04:22 PM
Replies: 3
Views: 461
Posted By manaknight14
They are not given. You'll have to memorize them,...

They are not given. You'll have to memorize them, and yes they do come up.
Forum: Careers - Employment 11-13-2019, 11:17 AM
Replies: 565
Views: 127,108
Posted By manaknight14
Yeah, if a résumé has that much report lag, the...

Yeah, if a résumé has that much report lag, the candidate should have known to include a passed-but-not-reported calculation.
Forum: Exam 7 - Estimation of Policy Liability & ERM 11-12-2019, 04:33 PM
Replies: 358
Views: 34,236
Posted By manaknight14
That 5 under Marshall 100% explains your choice...

That 5 under Marshall 100% explains your choice of format for this list.
Forum: Exam 9 - Financial Risk & Rate of Return 11-08-2019, 09:53 AM
Replies: 341
Views: 39,534
Posted By manaknight14
You people already well into BKM are making me...

You people already well into BKM are making me feel like a slacker. I usually don't even start studying for spring exams until after Christmas, but then I'm a person who doesn't like an extended...
Forum: Exam 7 - Estimation of Policy Liability & ERM 11-07-2019, 10:37 AM
Replies: 358
Views: 34,236
Posted By manaknight14
I did get both the cookbook and problem pack. My...

I did get both the cookbook and problem pack. My employer paid for everything, but it was split over two attempts so it went something like this:

Me in 2018: "I need $1195 for TIA."
ER in 2018:...
Forum: Exam 7 - Estimation of Policy Liability & ERM 11-01-2019, 12:43 PM
Replies: 358
Views: 34,236
Posted By manaknight14
For comparison, for Exam 8 I used TIA as my only...

For comparison, for Exam 8 I used TIA as my only study guide and found it to be adequate on its own. The deficiency in practice problems for TIA was more noticeable with 7.

Disclaimer: I worked in...
Forum: Exam 7 - Estimation of Policy Liability & ERM 10-31-2019, 05:29 PM
Replies: 358
Views: 34,236
Posted By manaknight14
Practice problems. The ones in TIA just didn't...

Practice problems. The ones in TIA just didn't adequately prepare me for what I encountered on the exam, even when it included relevant prior exam problems. RF's original problems did a much better...
Forum: Exam 7 - Estimation of Policy Liability & ERM 10-31-2019, 12:27 PM
Replies: 358
Views: 34,236
Posted By manaknight14
I shouldn't really comment on CF since I didn't...

I shouldn't really comment on CF since I didn't use it, but from what I recall those who did said CF was the best "learn the material" resource but left something to desire when it came to practice...
Forum: Exam 7 - Estimation of Policy Liability & ERM 10-31-2019, 11:36 AM
Replies: 358
Views: 34,236
Posted By manaknight14
Consider supplementing that with RF. I have...

Consider supplementing that with RF. I have always been a "TIA is enough" guy, but 7 was the one exam where I found I needed something to supplement it.

If this is your first go at 7, CF+RF might...
Forum: Sports 10-23-2019, 01:52 PM
Replies: 8,265
Views: 1,322,518
Posted By manaknight14
If the Union/NYRB game was any indicator, this...

If the Union/NYRB game was any indicator, this might yield about 20 minutes of on-screen soccer.
Forum: Exam 6 US - Regulation and Financial Reporting 10-23-2019, 12:28 PM
Replies: 649
Views: 71,484
Posted By manaknight14
Note that in this problem the (current -...

Note that in this problem the (current - previous) added in was the amount of discount, not the actual discounted reserves. This is adding back in the difference between change in SAP reserves and...
Forum: Exam 6 US - Regulation and Financial Reporting 10-23-2019, 12:02 PM
Replies: 649
Views: 71,484
Posted By manaknight14
I can answer this. F17 is the simple problem...

I can answer this. F17 is the simple problem because you end up calculating UW profit yourself according to taxable income: EP + 20% UEPR change - paid loss/LAE - change in discounted reserves. Done....
Forum: Careers - Employment 10-10-2019, 09:58 AM
Replies: 10
Views: 968
Posted By manaknight14
Great posts from AG and ItsATrap on this topic....

Great posts from AG and ItsATrap on this topic. Add me to the P&C re vote. I did a brief stint in P&C reinsurance (kind of like an extended internship) and I highly recommend it, especially for EL....
Forum: General Actuarial 10-08-2019, 10:38 AM
Replies: 14
Views: 2,215
Posted By manaknight14
This. The graph in the OP assumes it's the...

This. The graph in the OP assumes it's the effective rates that are the same. If the nominal rates were the same, compound interest would always outpace the simple interest.
Showing results 1 to 25 of 300

 

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