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January 12, 2021 at 3:48 pm
#2022
On one of the CAS webinars or meetings, I remembered that someone said they might lengthen the travel time to fellowship. I was wondering whether they’d say that if they were not FCAS yet.
I agree to set a high bar to make actuarial work/credential exclusive. But on the other hand, if they want to standardize the test as SOA or CFA or CPA did, they need more experts, like psychometricians. CAS is not as wealthy as CFA or CPA who hires educational measurement experts to design and evaluate the test so it’s competitive and fair. I believe CAS will get there eventually. But before that, I feel bad that we are the guinea pig. Just my 2cents.