Actuarial Outpost Fall 2018 LTAM Progress Thread
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#261
09-26-2018, 04:30 AM
 AlBuloushi SOA Join Date: Jul 2016 Posts: 13

Not working still, I just tried using Microsoft edge instead of Chrome and it worked. Maybe I needed to clear my cache or something. Thanks though.
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#262
09-26-2018, 05:36 AM
 NchooseK Member SOA Join Date: Nov 2012 Location: Philly area Studying for PA, LTAM, FA (FAP) College: Swarthmore College (BA Mathematics), Villanova University (MS Applied Stat) Favorite beer: I don't drink beer, but I love the Dos Equis commercials. Posts: 273

hmmmm sorry that didn't help. SOA's site gets very goofy.

Good idea--I would try clearing cache.

I always have to perform logout gymnastics to navigate the site.

Good luck!
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#263
09-26-2018, 05:59 AM
 KarimZ Member SOA Join Date: May 2015 Location: Pakistan College: Graduate, Bsc Accounting and Finance Posts: 195

What are your weakest topics so far?

Finding Markov Chains and the new additional chapter of Mortality improvement a bit difficult. Joint life also tricky.
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#264
09-26-2018, 09:42 AM
 NchooseK Member SOA Join Date: Nov 2012 Location: Philly area Studying for PA, LTAM, FA (FAP) College: Swarthmore College (BA Mathematics), Villanova University (MS Applied Stat) Favorite beer: I don't drink beer, but I love the Dos Equis commercials. Posts: 273

Quote:
 Originally Posted by KarimZ What are your weakest topics so far? Finding Markov Chains and the new additional chapter of Mortality improvement a bit difficult. Joint life also tricky.
1) Writing fast enough, punching calculator buttons and reading tables. The WA questions can get cumbersome, the numbers are messy and we need to document our work presentably to obtain either full credit or not lose partial credit. This exam is truly a race.

2) Multiple and associated decrement formulas and identities to save time.

3) Multiple lives problems can be tricky: reversionary annuities, contingent probability manipulation, recalling certain identities immediately.

4) Lovely stuff like this:

$\sum\limits^{12\left(n-w-\frac{1}{12}\right)}_{k=0} _{\frac{k}{12}}p^{00}_{x} \cdot \ _{\frac{1}{12}}p^{01}_{x+\frac{k}{12}} \left({\ddot{a}}_{x+\frac{k+1}{12} : \overline{n-\frac{k}{12}}|}^{(12)^{\bar{11}}} \ - \ {\ddot{a}}_{x+\frac{k+1}{12} : \overline{w}|}^{(12)^{\bar{11}}}\right) v^{\frac{k+1}{12}}
$
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#265
09-26-2018, 01:11 PM
 SIGUS Member CAS SOA Join Date: Oct 2014 Posts: 50

Pensions!!!!!!

Quote:
 Originally Posted by KarimZ What are your weakest topics so far? Finding Markov Chains and the new additional chapter of Mortality improvement a bit difficult. Joint life also tricky.
#266
09-26-2018, 01:13 PM
 SIGUS Member CAS SOA Join Date: Oct 2014 Posts: 50

Pensions!!!!!!!!!!!!
#267
09-26-2018, 02:47 PM
 Niccalis SOA Join Date: Dec 2012 Posts: 14

Quote:
 Originally Posted by NchooseK 1) Writing fast enough, punching calculator buttons and reading tables. The WA questions can get cumbersome, the numbers are messy and we need to document our work presentably to obtain either full credit or not lose partial credit. This exam is truly a race. 2) Multiple and associated decrement formulas and identities to save time. 3) Multiple lives problems can be tricky: reversionary annuities, contingent probability manipulation, recalling certain identities immediately. 4) Lovely stuff like this: $\sum\limits^{12\left(n-w-\frac{1}{12}\right)}_{k=0} _{\frac{k}{12}}p^{00}_{x} \cdot \ _{\frac{1}{12}}p^{01}_{x+\frac{k}{12}} \left({\ddot{a}}_{x+\frac{k+1}{12} : \overline{n-\frac{k}{12}}|}^{(12)^{\bar{11}}} \ - \ {\ddot{a}}_{x+\frac{k+1}{12} : \overline{w}|}^{(12)^{\bar{11}}}\right) v^{\frac{k+1}{12}}$
What formula is that lovely stuff even for?
#268
09-26-2018, 04:40 PM
 NchooseK Member SOA Join Date: Nov 2012 Location: Philly area Studying for PA, LTAM, FA (FAP) College: Swarthmore College (BA Mathematics), Villanova University (MS Applied Stat) Favorite beer: I don't drink beer, but I love the Dos Equis commercials. Posts: 273

Quote:
 Originally Posted by Niccalis What formula is that lovely stuff even for?

Specific Topic: Disability Income Insurance (DII)

The formula is on the page visibly numbered "15," but the page number in the document is 16. For convenience, I have linked the reading material below:

2018-ltam-supplementary-note.pdf.
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#269
09-26-2018, 04:44 PM
 NchooseK Member SOA Join Date: Nov 2012 Location: Philly area Studying for PA, LTAM, FA (FAP) College: Swarthmore College (BA Mathematics), Villanova University (MS Applied Stat) Favorite beer: I don't drink beer, but I love the Dos Equis commercials. Posts: 273

Quote:
 Originally Posted by SIGUS Pensions!!!!!!!!!!!!
I must say I find other topics more challenging than pensions, but everyone else seems to agree with you on the (relative) difficulty of pensions.

If I may ask, what is difficult about them? There is not much content to cover on pensions, unlike long-term coverage.
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#270
09-27-2018, 11:30 AM
 ActuariallyDecentAtBest Member SOA Join Date: Dec 2016 Posts: 187

Quote:
 Originally Posted by NchooseK I must say I find other topics more challenging than pensions, but everyone else seems to agree with you on the (relative) difficulty of pensions. If I may ask, what is difficult about them? There is not much content to cover on pensions, unlike long-term coverage.
The exam writers can add additional wrinkles and steps to make Pensions time-consuming. See the Spring 2018 exam. I took that exam and the pensions WA question took a while to finish. Overall, Pensions isn't too hard, but can definitely become more time-consuming.