Exam GI IRR  

General Insurance - Introduction to Ratemaking and Reserving Exam
  • Average
    Pass Rate
  • Sponsoring SocietySOA
  • Dates ActiveNov 2013 - Present
  • Sittings to Date11
  • Attempts per Sitting12
  • Total Passes/Attempts62 / 131
  • Highest Pass Rate66.7% Apr-17
  • Lowest Pass Rate30.8% Apr-18
  • Effective Pass Rate48.8%
  • Std Dev of Pass Rate11.1%
1111784910/1/2018 12:00:00 AM1312753.858.3 1/19/2019 12:00:00 AM47.3Oct-2018
101130494/1/2018 12:00:00 AM1313430.830.8 7/20/2018 12:00:00 AM46.6Apr-2018
910544911/1/2017 12:00:00 AM1212650.050.0 1/19/2018 12:00:00 AM48.6Nov-2017
8986494/1/2017 12:00:00 AM1212866.766.7 7/21/2017 12:00:00 AM48.4Apr-2017
79234911/1/2016 12:00:00 AM1616850.050.0 1/27/2017 12:00:00 AM45.7Nov-2016
6856495/1/2016 12:00:00 AM1616956.356.3 8/1/2016 12:00:00 AM44.6May-2016
57874910/1/2015 12:00:00 AM1010550.050.0 1/22/2016 12:00:00 AM40.8Oct-2015
4719494/1/2015 12:00:00 AM99333.333.3 7/17/2015 12:00:00 AM38.5Apr-2015
36674910/1/2014 12:00:00 AM97333.342.9 1/24/2015 12:00:00 AM40.0Oct-2014
2594494/1/2014 12:00:00 AM1010440.040.0 7/19/2014 12:00:00 AM42.9Apr-2014
15524911/1/2013 12:00:00 AM1110545.550.0 1/24/2014 12:00:00 AM45.5Nov-2013

Distribution of Travel Times to Designations

Number of People4213
5th percentile-7.611.33
25th percentile-2.292.17
75th percentile0.652.75
95th percentile1.974.33



1PSOA Preliminary Exam149 5930-6.5300.0000.0030-6.533366cc
2FMSOA Preliminary Exam149 4131-6.4000.0000.0031-6.403366cc
3OC1CAS Preliminary Exam249 578-2.5900.0000.008-2.59dc3912
4OC2CAS Preliminary Exam249 587-2.2700.0000.007-2.27dc3912
55CAS Preliminary Exam249 32-0.3400.0013.0030.78dc3912
66-CanadaCAS Preliminary Exam249 700.0000.0020.5020.50dc3912
76-U.S.CAS Preliminary Exam249 800.0000.0010.9110.91dc3912
8ASASOA Designation349 7026-2.6500.00161.0742-1.24ff9900
9ACASCAS Designation449 7300.0000.0011.4911.49109618
10EA2FSOA Enrolled Actuary Exam549 3600.0010.0000.0010.00990099
11EA2LSOA Enrolled Actuary Exam549 3700.0000.0010.5010.50990099
12ERMSOA Fellowship Exam649 387-0.8300.0030.8910-0.320099c6
13GI ADVSOA Fellowship Exam649 4600.0000.00231.23231.230099c6
14GI FREUSOA Fellowship Exam649 4700.0000.00171.67171.670099c6
15GI INTSOA Fellowship Exam649 4821-0.8000.00130.5234-0.300099c6
16GI IRRSOA Fellowship Exam649 4900.00540.0000.00540.000099c6
17QFI ADVSOA Fellowship Exam649 6000.0000.0011.5011.500099c6
18QFI CORESOA Fellowship Exam649 6100.0000.0011.0911.090099c6
19CERASOA Designation349 726-0.4000.0051.00110.24ff9900
20FSASOA Designation349 7100.0000.00132.63132.63ff9900

Number of Years (Before)/After Passing Exam GI IRR
click on bar to see breakdown

Note on the travel time information above:
The histograms and the above two charts (near) exclude duplicate names and include changed names. Excluding duplicate names is necessary since travel time information related to them is unreliable and nonsensical- for instance, passing exam P three years before receiving a designation.

Including changed names has an impact on the relative number of people who passed other exams vs. the given exam. Their inclusion will lower this ratio since changed names will not properly link between previous/future exam passes. However, including changed names will not affect the average travel times, since travel times of changed names are not necessarily different than those of unchanged names.

For exam GI IRR on all sittings, there were 8 duplicate names, 19 changed names, and 5 duplicate and changed names.