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Old 03-27-2019, 10:53 AM
freddowell freddowell is offline
Join Date: Jul 2017
Posts: 54
Default LTAM Word Questions

Is there any place where all or many of the past and potential concept questions are kept? The questions that are pretty much just straight memorization? Like what are the ADLs? What are benefits for an employer to offer a pension plan? Stuff like that.
Exams: P, FM, MFE, LTAM*, C, PA*

VEEs: Economics, Corporate Finance, Applied Statistics

FAP: 1, 2, 3, 4, 5, IA, 6, 7, 8, FA

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Old 04-14-2019, 06:35 PM
windows7forever windows7forever is offline
Join Date: Apr 2016
Posts: 412

I have not found a place to collect all conceptual questions for any exam. However, you can write them down in a notebook when you find one. During the real exam, you probably hardly see more than one or two conceptual questions without calculation in MC.

In WA questions, those conceptual questions will be asked in the last couple parts of each big question. Just quickly write down what you know for those and focus on calculation and formula set up. For the most difficult question, quickly write down something on those conceptual questions help earn 1 to 2 points at least if you do not have time remaining to do calculations.
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Old 04-20-2019, 10:47 AM
NchooseK NchooseK is offline
SOA Non-Actuary
Join Date: Nov 2012
Location: Philly area
College: Swarthmore College (BA Mathematics), Villanova University (MS Applied Stat)
Posts: 353

I'll start with one.

Net premiums are designed to set up an equivalence--yes, from the same equivalence principle--at the time of policy initiation. Briefly identify this equivalence, evaluate its outlook over time, and offer two reasons supporting that that contribute this outlook.

Identify 3 items of motivation for profit testing.
Exams: P | FM | C | MFE | LTAM | SRM Credit | PA

VEE: Statistics | Finance | Economics

FAP: 1 | 2 | 3 | 4 | IA | 6 | 7 | FA

Conferences: APC
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