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Spring 2009 Exam C – Construction and Evaluation of Actuarial Models

Welcome to the Exam C home page! Please review all of the information and links provided below.

May 2009 Exam C/4 Important Notice

In preparation for moving to computer–based testing, two forms of ExamC/4 will be given in May 2009. The two forms will have some questions in common and have been designed to be approximately equal in difficulty. Results from each form will be reviewed in a manner consistent with past exam sittings, and different pass marks may be established, if appropriate.

ANNOUNCEMENT: FALL 2009 Changes for Exam C  PDF–Updated 03.20.09

Exam C is a four–hour multiple–choice examination and is identical to Casualty Actuarial Society (CAS) Exam 4.

The syllabus provides an introduction to modeling and covers important actuarial methods that are useful in modeling. A thorough knowledge of calculus and probability is assumed.

The candidate will be introduced to useful frequency and severity models beyond those covered in Exam M. The candidate will be required to understand the steps involved in the modeling process and how to carry out these steps in solving business problems. The candidate should be able to:

  1. analyze data from an application in a business context;
  2. determine a suitable model including parameter values; and
  3. provide measures of confidence for decisions based upon the model.

The candidate will be introduced to a variety of tools for the calibration and evaluation of the models.

Exam C is required for ASA, CERA and FSA designations.

Syllabus and Study Materials
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Rules and Regulations
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Registration
Important Dates and Fees
  • Exam C
  • Date: Thursday, May 14, 2009
    Time: 8:30 a.m.–12:30 p.m.

  • Deadlines
  • Registration: Wednesday, March 25, 2009
    Refund/Cancelation: Thursday, April 30, 2009

  • Fees  PDF
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Exam Day Information
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Resources
 
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