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D.W. Simpson and Company -- Actuary Salary
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#51
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Wow. I am impressed.
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#52
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I'd expect the transition was announced ahead of time, so there was a rush of near-associates busting ass to make sure they got in before the requirement increased. So the total membership growth rate would spike and the Fellow-to-Associate ratio would fall, for a brief window.
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#53
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Quote:
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#54
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wouldn't the same have happened in the early 90s, when the ASA jumped from 200 credits to 300 (iirc)?
again, iirc, most of the actuaries I know in CAS that started writing around then took unpaid (i.e. no study time) to finish up their ASAs because it was only 1 or 2 or 3 more exams over and above the prelims |
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#55
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That is interesting how both the SOA and CAS raised the standards for the associate level designation (albeit many years apart). Since then you could argue that both societies have reduced the value of the credential (SOA with FAP, CAS with ACAS not being able to sign).
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