Toggle Navigation
Edition
MEMBER
CANDIDATE & STUDENT
|
ASIA
CANADA
COVID-19 UPDATES
CALENDAR
Actuarial Directory
Actuarial Directory
Search by:
Last Name
First Name
Company Name
City
My SOA
Log in
CHAT
{{result}}
Close
COVID-19 UPDATES
CALENDAR
Actuarial Directory
My SOA
Log in
CHAT
Future Actuaries
What is an Actuary?
Value Proposition
Day in the Life
Career Paths
Actuarial Education
Earning Actuarial Credentials
Actuarial Science University Programs
Scholarships and Reimbursements
Career Development
Internships
Job Center
More
Events and Networking
Get Started
What is an Actuary?
Value Proposition
Day in the Life
Career Paths
Actuarial Education
Earning Actuarial Credentials
Actuarial Science University Programs
Scholarships and Reimbursements
Career Development
Internships
Job Center
More
Events and Networking
Get Started
What is an Actuary?
Value Proposition
Day in the Life
Career Paths
Actuarial Education
Earning Actuarial Credentials
Actuarial Science University Programs
Scholarships and Reimbursements
Career Development
Internships
Job Center
More
Events and Networking
Get Started
What is an Actuary?
Value Proposition
Day in the Life
Career Paths
Actuarial Education
Earning Actuarial Credentials
Actuarial Science University Programs
Scholarships and Reimbursements
Career Development
Internships
Job Center
More
Events and Networking
Get Started
Education & Exams
Designations & Credential
Educational Pathways
Associate of the Society of Actuaries (ASA)
Fellow of the Society of Actuaries (FSA)
Chartered Enterprise Risk Analyst (CERA)
Exams & Requirements
Exam Registration
Exam Results
New ASAs, CERAs and FSAs
Past Exams and Solutions
VEE: Validation by Educational Experience
General Information
CIA Candidate
University Resources
Universities & Colleges with Actuarial Programs (UCAP)
CAE: Centers of Actuarial Excellence
Hickman Scholars Program
Academic Benefits
Designations & Credential
Educational Pathways
Associate of the Society of Actuaries (ASA)
Fellow of the Society of Actuaries (FSA)
Chartered Enterprise Risk Analyst (CERA)
Exams & Requirements
Exam Registration
Exam Results
New ASAs, CERAs and FSAs
Past Exams and Solutions
VEE: Validation by Educational Experience
General Information
CIA Candidate
University Resources
Universities & Colleges with Actuarial Programs (UCAP)
CAE: Centers of Actuarial Excellence
Hickman Scholars Program
Academic Benefits
Designations & Credential
Educational Pathways
Associate of the Society of Actuaries (ASA)
Fellow of the Society of Actuaries (FSA)
Chartered Enterprise Risk Analyst (CERA)
Exams & Requirements
Exam Registration
Exam Results
New ASAs, CERAs and FSAs
Past Exams and Solutions
VEE: Validation by Educational Experience
General Information
CIA Candidate
University Resources
Universities & Colleges with Actuarial Programs (UCAP)
CAE: Centers of Actuarial Excellence
Hickman Scholars Program
Academic Benefits
Professional Development
Major Meetings
Virtual Annual Meeting
Health Virtual Meeting
Life & Annuity Virtual Symposium
Valuation Actuary Virtual Symposium
Opportunities by Topic
Actuarial Profession
Annuities
Enterprise Risk Management
Finance & Investments
Financial Reporting & Accounting
Health & Disability
Life Insurance
Modeling & Statistical Methods
Pensions & Retirement
Predictive Analytics
View All Topics
Opportunities By Type
In-Person/Virtual Event
Webcast
E-Course
Recording
Archived Event
Opportunities by Location
Online
Taiwan
United States
Certificate Programs
IFRI Certificate
Predictive Analytics Certificate
More
Supplemental Options
CPD Requirement
Competency Framework
Presenter Resources
Advertising & Sponsorship
Major Meetings
Virtual Annual Meeting
Health Virtual Meeting
Life & Annuity Virtual Symposium
Valuation Actuary Virtual Symposium
Opportunities by Topic
Actuarial Profession
Annuities
Enterprise Risk Management
Finance & Investments
Financial Reporting & Accounting
Health & Disability
Life Insurance
Modeling & Statistical Methods
Pensions & Retirement
Predictive Analytics
View All Topics
Opportunities By Type
In-Person/Virtual Event
Webcast
E-Course
Recording
Archived Event
Opportunities by Location
Online
Taiwan
United States
Certificate Programs
IFRI Certificate
Predictive Analytics Certificate
More
Supplemental Options
CPD Requirement
Competency Framework
Presenter Resources
Advertising & Sponsorship
Major Meetings
Virtual Annual Meeting
Health Virtual Meeting
Life & Annuity Virtual Symposium
Valuation Actuary Virtual Symposium
Opportunities by Topic
Actuarial Profession
Annuities
Enterprise Risk Management
Finance & Investments
Financial Reporting & Accounting
Health & Disability
Life Insurance
Modeling & Statistical Methods
Pensions & Retirement
Predictive Analytics
View All Topics
Opportunities By Type
In-Person/Virtual Event
Webcast
E-Course
Recording
Archived Event
Opportunities by Location
Online
Taiwan
United States
Certificate Programs
IFRI Certificate
Predictive Analytics Certificate
More
Supplemental Options
CPD Requirement
Competency Framework
Presenter Resources
Advertising & Sponsorship
Major Meetings
Virtual Annual Meeting
Health Virtual Meeting
Life & Annuity Virtual Symposium
Valuation Actuary Virtual Symposium
Opportunities by Topic
Actuarial Profession
Annuities
Enterprise Risk Management
Finance & Investments
Financial Reporting & Accounting
Health & Disability
Life Insurance
Modeling & Statistical Methods
Pensions & Retirement
Predictive Analytics
View All Topics
Opportunities By Type
In-Person/Virtual Event
Webcast
E-Course
Recording
Archived Event
Opportunities by Location
Online
Taiwan
United States
Certificate Programs
IFRI Certificate
Predictive Analytics Certificate
More
Supplemental Options
CPD Requirement
Competency Framework
Presenter Resources
Advertising & Sponsorship
Major Meetings
Virtual Annual Meeting
Health Virtual Meeting
Life & Annuity Virtual Symposium
Valuation Actuary Virtual Symposium
Opportunities by Topic
Actuarial Profession
Annuities
Enterprise Risk Management
Finance & Investments
Financial Reporting & Accounting
Health & Disability
Life Insurance
Modeling & Statistical Methods
Pensions & Retirement
Predictive Analytics
View All Topics
Opportunities By Type
In-Person/Virtual Event
Webcast
E-Course
Recording
Archived Event
Opportunities by Location
Online
Taiwan
United States
Certificate Programs
IFRI Certificate
Predictive Analytics Certificate
More
Supplemental Options
CPD Requirement
Competency Framework
Presenter Resources
Advertising & Sponsorship
Major Meetings
Virtual Annual Meeting
Health Virtual Meeting
Life & Annuity Virtual Symposium
Valuation Actuary Virtual Symposium
Opportunities by Topic
Actuarial Profession
Annuities
Enterprise Risk Management
Finance & Investments
Financial Reporting & Accounting
Health & Disability
Life Insurance
Modeling & Statistical Methods
Pensions & Retirement
Predictive Analytics
View All Topics
Opportunities By Type
In-Person/Virtual Event
Webcast
E-Course
Recording
Archived Event
Opportunities by Location
Online
Taiwan
United States
Certificate Programs
IFRI Certificate
Predictive Analytics Certificate
More
Supplemental Options
CPD Requirement
Competency Framework
Presenter Resources
Advertising & Sponsorship
Major Meetings
Virtual Annual Meeting
Health Virtual Meeting
Life & Annuity Virtual Symposium
Valuation Actuary Virtual Symposium
Opportunities by Topic
Actuarial Profession
Annuities
Enterprise Risk Management
Finance & Investments
Financial Reporting & Accounting
Health & Disability
Life Insurance
Modeling & Statistical Methods
Pensions & Retirement
Predictive Analytics
View All Topics
Opportunities By Type
In-Person/Virtual Event
Webcast
E-Course
Recording
Archived Event
Opportunities by Location
Online
Taiwan
United States
Certificate Programs
IFRI Certificate
Predictive Analytics Certificate
More
Supplemental Options
CPD Requirement
Competency Framework
Presenter Resources
Advertising & Sponsorship
Research
About SOA Research
Strategic Research Programs
Trending SOA Research
Recently Published SOA Research
Volunteer with SOA Research
Actuarial Research Clearing House (ARCH)
Research By Topic
Aging & Post-Retirement
Climate
COVID-19
Disability
Finance & Investment
General Insurance
Health
Innovation & Technology
International
Life & Annuities
Long-Term Care
Mortality & Longevity
Predictive Analytics & Modeling
Retirement & Pensions
Risk Management
U.S. Population
Valuation/Illustrations
Research Opportunities
Research Proposal Requests
Research Data Requests
Calls for Papers
Research Funding and Grants
Research Competitions and Awards
Tables, Calculators & Modeling Tools
About SOA Research
Strategic Research Programs
Trending SOA Research
Recently Published SOA Research
Volunteer with SOA Research
Actuarial Research Clearing House (ARCH)
Research By Topic
Aging & Post-Retirement
Climate
COVID-19
Disability
Finance & Investment
General Insurance
Health
Innovation & Technology
International
Life & Annuities
Long-Term Care
Mortality & Longevity
Predictive Analytics & Modeling
Retirement & Pensions
Risk Management
U.S. Population
Valuation/Illustrations
Research Opportunities
Research Proposal Requests
Research Data Requests
Calls for Papers
Research Funding and Grants
Research Competitions and Awards
Tables, Calculators & Modeling Tools
About SOA Research
Strategic Research Programs
Trending SOA Research
Recently Published SOA Research
Volunteer with SOA Research
Actuarial Research Clearing House (ARCH)
Research By Topic
Aging & Post-Retirement
Climate
COVID-19
Disability
Finance & Investment
General Insurance
Health
Innovation & Technology
International
Life & Annuities
Long-Term Care
Mortality & Longevity
Predictive Analytics & Modeling
Retirement & Pensions
Risk Management
U.S. Population
Valuation/Illustrations
Research Opportunities
Research Proposal Requests
Research Data Requests
Calls for Papers
Research Funding and Grants
Research Competitions and Awards
Tables, Calculators & Modeling Tools
About SOA Research
Strategic Research Programs
Trending SOA Research
Recently Published SOA Research
Volunteer with SOA Research
Actuarial Research Clearing House (ARCH)
Research By Topic
Aging & Post-Retirement
Climate
COVID-19
Disability
Finance & Investment
General Insurance
Health
Innovation & Technology
International
Life & Annuities
Long-Term Care
Mortality & Longevity
Predictive Analytics & Modeling
Retirement & Pensions
Risk Management
U.S. Population
Valuation/Illustrations
Research Opportunities
Research Proposal Requests
Research Data Requests
Calls for Papers
Research Funding and Grants
Research Competitions and Awards
Tables, Calculators & Modeling Tools
About SOA Research
Strategic Research Programs
Trending SOA Research
Recently Published SOA Research
Volunteer with SOA Research
Actuarial Research Clearing House (ARCH)
Research By Topic
Aging & Post-Retirement
Climate
COVID-19
Disability
Finance & Investment
General Insurance
Health
Innovation & Technology
International
Life & Annuities
Long-Term Care
Mortality & Longevity
Predictive Analytics & Modeling
Retirement & Pensions
Risk Management
U.S. Population
Valuation/Illustrations
Research Opportunities
Research Proposal Requests
Research Data Requests
Calls for Papers
Research Funding and Grants
Research Competitions and Awards
Tables, Calculators & Modeling Tools
About SOA Research
Strategic Research Programs
Trending SOA Research
Recently Published SOA Research
Volunteer with SOA Research
Actuarial Research Clearing House (ARCH)
Research By Topic
Aging & Post-Retirement
Climate
COVID-19
Disability
Finance & Investment
General Insurance
Health
Innovation & Technology
International
Life & Annuities
Long-Term Care
Mortality & Longevity
Predictive Analytics & Modeling
Retirement & Pensions
Risk Management
U.S. Population
Valuation/Illustrations
Research Opportunities
Research Proposal Requests
Research Data Requests
Calls for Papers
Research Funding and Grants
Research Competitions and Awards
Tables, Calculators & Modeling Tools
Professional Sections
About SOA Sections
Section Benefits
Section Governance
Section Leadership
Join an SOA Section
Sections
Actuary of the Future
Education & Research
Entrepreneurial & Innovation
Financial Reporting
Health
International
Investment
Joint Risk Management
Leadership & Development
Long Term Care Insurance
Marketing & Distribution
Modeling
Predictive Analytics & Futurism
Product Development
Reinsurance
Retirement
Smaller Insurance Company
Social Insurance & Public Finance
Taxation
Technology
About SOA Sections
Section Benefits
Section Governance
Section Leadership
Join an SOA Section
Sections
Actuary of the Future
Education & Research
Entrepreneurial & Innovation
Financial Reporting
Health
International
Investment
Joint Risk Management
Leadership & Development
Long Term Care Insurance
Marketing & Distribution
Modeling
Predictive Analytics & Futurism
Product Development
Reinsurance
Retirement
Smaller Insurance Company
Social Insurance & Public Finance
Taxation
Technology
About SOA Sections
Section Benefits
Section Governance
Section Leadership
Join an SOA Section
Sections
Actuary of the Future
Education & Research
Entrepreneurial & Innovation
Financial Reporting
Health
International
Investment
Joint Risk Management
Leadership & Development
Long Term Care Insurance
Marketing & Distribution
Modeling
Predictive Analytics & Futurism
Product Development
Reinsurance
Retirement
Smaller Insurance Company
Social Insurance & Public Finance
Taxation
Technology
About SOA Sections
Section Benefits
Section Governance
Section Leadership
Join an SOA Section
Sections
Actuary of the Future
Education & Research
Entrepreneurial & Innovation
Financial Reporting
Health
International
Investment
Joint Risk Management
Leadership & Development
Long Term Care Insurance
Marketing & Distribution
Modeling
Predictive Analytics & Futurism
Product Development
Reinsurance
Retirement
Smaller Insurance Company
Social Insurance & Public Finance
Taxation
Technology
About SOA Sections
Section Benefits
Section Governance
Section Leadership
Join an SOA Section
Sections
Actuary of the Future
Education & Research
Entrepreneurial & Innovation
Financial Reporting
Health
International
Investment
Joint Risk Management
Leadership & Development
Long Term Care Insurance
Marketing & Distribution
Modeling
Predictive Analytics & Futurism
Product Development
Reinsurance
Retirement
Smaller Insurance Company
Social Insurance & Public Finance
Taxation
Technology
Tools & Resources
Community
SOA Explorer
SOA Engage
Actuarial Clubs
Listservs
Professional Development
CPD Tracker
Competency Framework Self-Assessment
Actuarial Practice
Mortality and Other Rate Tables (MORT)
Relative Risk Tool
Multiemployer Plan Metrics Calculator
Annuity Factor Calculator
Other
Actuarial Toolkit
Longevity Illustrator
Actuaries Climate Index
Predictive Analytics
MentorLink
Publications
The Actuary Magazine
North American Actuarial Journal (NAAJ)
SOA E-Newsletters
Actuarial Books
Writing Opportunities With the SOA
Podcasts
Community
SOA Explorer
SOA Engage
Actuarial Clubs
Listservs
Professional Development
CPD Tracker
Competency Framework Self-Assessment
Actuarial Practice
Mortality and Other Rate Tables (MORT)
Relative Risk Tool
Multiemployer Plan Metrics Calculator
Annuity Factor Calculator
Other
Actuarial Toolkit
Longevity Illustrator
Actuaries Climate Index
Predictive Analytics
MentorLink
Publications
The Actuary Magazine
North American Actuarial Journal (NAAJ)
SOA E-Newsletters
Actuarial Books
Writing Opportunities With the SOA
Podcasts
Community
SOA Explorer
SOA Engage
Actuarial Clubs
Listservs
Professional Development
CPD Tracker
Competency Framework Self-Assessment
Actuarial Practice
Mortality and Other Rate Tables (MORT)
Relative Risk Tool
Multiemployer Plan Metrics Calculator
Annuity Factor Calculator
Other
Actuarial Toolkit
Longevity Illustrator
Actuaries Climate Index
Predictive Analytics
MentorLink
Publications
The Actuary Magazine
North American Actuarial Journal (NAAJ)
SOA E-Newsletters
Actuarial Books
Writing Opportunities With the SOA
Podcasts
Community
SOA Explorer
SOA Engage
Actuarial Clubs
Listservs
Professional Development
CPD Tracker
Competency Framework Self-Assessment
Actuarial Practice
Mortality and Other Rate Tables (MORT)
Relative Risk Tool
Multiemployer Plan Metrics Calculator
Annuity Factor Calculator
Other
Actuarial Toolkit
Longevity Illustrator
Actuaries Climate Index
Predictive Analytics
MentorLink
Publications
The Actuary Magazine
North American Actuarial Journal (NAAJ)
SOA E-Newsletters
Actuarial Books
Writing Opportunities With the SOA
Podcasts
Community
SOA Explorer
SOA Engage
Actuarial Clubs
Listservs
Professional Development
CPD Tracker
Competency Framework Self-Assessment
Actuarial Practice
Mortality and Other Rate Tables (MORT)
Relative Risk Tool
Multiemployer Plan Metrics Calculator
Annuity Factor Calculator
Other
Actuarial Toolkit
Longevity Illustrator
Actuaries Climate Index
Predictive Analytics
MentorLink
Publications
The Actuary Magazine
North American Actuarial Journal (NAAJ)
SOA E-Newsletters
Actuarial Books
Writing Opportunities With the SOA
Podcasts
Community
SOA Explorer
SOA Engage
Actuarial Clubs
Listservs
Professional Development
CPD Tracker
Competency Framework Self-Assessment
Actuarial Practice
Mortality and Other Rate Tables (MORT)
Relative Risk Tool
Multiemployer Plan Metrics Calculator
Annuity Factor Calculator
Other
Actuarial Toolkit
Longevity Illustrator
Actuaries Climate Index
Predictive Analytics
MentorLink
Publications
The Actuary Magazine
North American Actuarial Journal (NAAJ)
SOA E-Newsletters
Actuarial Books
Writing Opportunities With the SOA
Podcasts
About SOA
Mission and Vision
Strategic Plan
Diversity and Inclusion
International Activities
Annual Report
SOA History
Governance
Board of Directors
Elections
Staff Leaders
Disciplinary Determinations
Membership
Dues for Membership
CPD Requirement
Join an SOA Section
Read Member Obituaries
Newsroom
SOA News
SOA COVID-19 Latest Information
Board Announcements
Topics in the News
Predictive Analytics
InsurTech
Volunteer Program
Volunteer Opportunities
SOA Volunteer Awards
Contact SOA
Customer Service Center
Staff Directory
Job Opportunities
Job Center
Careers at SOA
Legal Center
Cookie Policy
Privacy Policy
Terms of Use
Mission and Vision
Strategic Plan
Diversity and Inclusion
International Activities
Annual Report
SOA History
Governance
Board of Directors
Elections
Staff Leaders
Disciplinary Determinations
Membership
Dues for Membership
CPD Requirement
Join an SOA Section
Read Member Obituaries
Newsroom
SOA News
SOA COVID-19 Latest Information
Board Announcements
Topics in the News
Predictive Analytics
InsurTech
Volunteer Program
Volunteer Opportunities
SOA Volunteer Awards
Contact SOA
Customer Service Center
Staff Directory
Job Opportunities
Job Center
Careers at SOA
Legal Center
Cookie Policy
Privacy Policy
Terms of Use
Mission and Vision
Strategic Plan
Diversity and Inclusion
International Activities
Annual Report
SOA History
Governance
Board of Directors
Elections
Staff Leaders
Disciplinary Determinations
Membership
Dues for Membership
CPD Requirement
Join an SOA Section
Read Member Obituaries
Newsroom
SOA News
SOA COVID-19 Latest Information
Board Announcements
Topics in the News
Predictive Analytics
InsurTech
Volunteer Program
Volunteer Opportunities
SOA Volunteer Awards
Contact SOA
Customer Service Center
Staff Directory
Job Opportunities
Job Center
Careers at SOA
Legal Center
Cookie Policy
Privacy Policy
Terms of Use
Mission and Vision
Strategic Plan
Diversity and Inclusion
International Activities
Annual Report
SOA History
Governance
Board of Directors
Elections
Staff Leaders
Disciplinary Determinations
Membership
Dues for Membership
CPD Requirement
Join an SOA Section
Read Member Obituaries
Newsroom
SOA News
SOA COVID-19 Latest Information
Board Announcements
Topics in the News
Predictive Analytics
InsurTech
Volunteer Program
Volunteer Opportunities
SOA Volunteer Awards
Contact SOA
Customer Service Center
Staff Directory
Job Opportunities
Job Center
Careers at SOA
Legal Center
Cookie Policy
Privacy Policy
Terms of Use
Mission and Vision
Strategic Plan
Diversity and Inclusion
International Activities
Annual Report
SOA History
Governance
Board of Directors
Elections
Staff Leaders
Disciplinary Determinations
Membership
Dues for Membership
CPD Requirement
Join an SOA Section
Read Member Obituaries
Newsroom
SOA News
SOA COVID-19 Latest Information
Board Announcements
Topics in the News
Predictive Analytics
InsurTech
Volunteer Program
Volunteer Opportunities
SOA Volunteer Awards
Contact SOA
Customer Service Center
Staff Directory
Job Opportunities
Job Center
Careers at SOA
Legal Center
Cookie Policy
Privacy Policy
Terms of Use
Mission and Vision
Strategic Plan
Diversity and Inclusion
International Activities
Annual Report
SOA History
Governance
Board of Directors
Elections
Staff Leaders
Disciplinary Determinations
Membership
Dues for Membership
CPD Requirement
Join an SOA Section
Read Member Obituaries
Newsroom
SOA News
SOA COVID-19 Latest Information
Board Announcements
Topics in the News
Predictive Analytics
InsurTech
Volunteer Program
Volunteer Opportunities
SOA Volunteer Awards
Contact SOA
Customer Service Center
Staff Directory
Job Opportunities
Job Center
Careers at SOA
Legal Center
Cookie Policy
Privacy Policy
Terms of Use
Mission and Vision
Strategic Plan
Diversity and Inclusion
International Activities
Annual Report
SOA History
Governance
Board of Directors
Elections
Staff Leaders
Disciplinary Determinations
Membership
Dues for Membership
CPD Requirement
Join an SOA Section
Read Member Obituaries
Newsroom
SOA News
SOA COVID-19 Latest Information
Board Announcements
Topics in the News
Predictive Analytics
InsurTech
Volunteer Program
Volunteer Opportunities
SOA Volunteer Awards
Contact SOA
Customer Service Center
Staff Directory
Job Opportunities
Job Center
Careers at SOA
Legal Center
Cookie Policy
Privacy Policy
Terms of Use
Mission and Vision
Strategic Plan
Diversity and Inclusion
International Activities
Annual Report
SOA History
Governance
Board of Directors
Elections
Staff Leaders
Disciplinary Determinations
Membership
Dues for Membership
CPD Requirement
Join an SOA Section
Read Member Obituaries
Newsroom
SOA News
SOA COVID-19 Latest Information
Board Announcements
Topics in the News
Predictive Analytics
InsurTech
Volunteer Program
Volunteer Opportunities
SOA Volunteer Awards
Contact SOA
Customer Service Center
Staff Directory
Job Opportunities
Job Center
Careers at SOA
Legal Center
Cookie Policy
Privacy Policy
Terms of Use
Mission and Vision
Strategic Plan
Diversity and Inclusion
International Activities
Annual Report
SOA History
Governance
Board of Directors
Elections
Staff Leaders
Disciplinary Determinations
Membership
Dues for Membership
CPD Requirement
Join an SOA Section
Read Member Obituaries
Newsroom
SOA News
SOA COVID-19 Latest Information
Board Announcements
Topics in the News
Predictive Analytics
InsurTech
Volunteer Program
Volunteer Opportunities
SOA Volunteer Awards
Contact SOA
Customer Service Center
Staff Directory
Job Opportunities
Job Center
Careers at SOA
Legal Center
Cookie Policy
Privacy Policy
Terms of Use
Archive Spring 2016: Enterprise Risk Management (ERM) Exam
Syllabus
Updates
February 17, 2016
The
case study
has been updated with minor corrections.
