FAP EOM Assessment 5

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    m c
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      I have failed this EOM Assessment for a second time.

      I know we can’t talk specifics, but I’m just curious, did anyone else have a hard time with this one, or am I alone?

      The grader feedback isn’t very helpful either:

      Provides the correct answer with an appropriate amount of supporting work, adequate for an actuary to follow and reproduce the answer: No
      The tone of the internal memo is appropriate for the intended audience, e.g. the level of formality is appropriate, memo length is not excessive, and context is provided when needed: Yes
      The tone of the email response is appropriate for the intended audience, e.g. the level of formality is appropriate, email length is not excessive, and context is provided when needed for the non-actuarial audience: Yes
      The analysis of the factors behind higher than expected rate increases is clear, key points are outlined, and the analysis goes into an appropriate level of detail: No
      Recommendations for points of action are clear and are at the top of the email: Yes
      Recommendations for points of action are appropriate to reduce the rate of increase and mitigate future volatility: No
      The support for recommended points of action includes sufficient discussion of relevant considerations: No

      Not sure how am I supposed to submit my 3rd attempt…

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