Exam GI IRR  

General Insurance - Introduction to Ratemaking and Reserving Exam
  • Average
    Pass Rate
  • Sponsoring SocietySOA
  • Dates ActiveNov 2013 - Present
  • Sittings to Date10
  • Attempts per Sitting12
  • Total Passes/Attempts55 / 118
  • Highest Pass Rate66.7% Apr-17
  • Lowest Pass Rate30.8% Apr-18
  • Effective Pass Rate47.8%
  • Std Dev of Pass Rate11.4%
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 People3712
5th percentile-6.871.33
25th percentile-2.332.04
75th percentile0.673.04
95th percentile2.134.33



1PSOA Preliminary Exam149 5928-6.4700.0000.0028-6.473366cc
2FMSOA Preliminary Exam149 4129-6.2700.0000.0029-6.273366cc
3MFESOA Preliminary Exam149 5533-4.5000.0000.0033-4.513366cc
4MLCSOA Preliminary Exam149 5632-4.5700.0000.0032-4.573366cc
5CSOA Preliminary Exam149 1730-4.1400.0000.0030-4.143366cc
6OC1CAS Preliminary Exam249 578-2.5900.0000.008-2.59dc3912
7OC2CAS Preliminary Exam249 587-2.2700.0000.007-2.27dc3912
85CAS Preliminary Exam249 32-0.3400.0000.002-0.34dc3912
96-CanadaCAS Preliminary Exam249 700.0000.0010.5010.50dc3912
106-U.S.CAS Preliminary Exam249 800.0000.0010.9110.91dc3912
11ASASOA Designation349 7021-2.7400.00161.0737-1.09ff9900
12ACASCAS Designation449 7300.0000.0011.4911.49109618
13EA2FSOA Enrolled Actuary Exam549 3600.0010.0000.0010.00990099
14EA2LSOA Enrolled Actuary Exam549 3700.0000.0010.5010.50990099
15ERMSOA Fellowship Exam649 387-0.8300.0030.8910-0.320099c6
16GI ADVSOA Fellowship Exam649 4600.0000.00191.13191.140099c6
17GI FREUSOA Fellowship Exam649 4700.0000.00151.75151.750099c6
18GI INTSOA Fellowship Exam649 4818-0.8700.00130.5231-0.280099c6
19GI IRRSOA Fellowship Exam649 4900.00480.0000.00480.000099c6
20QFI ADVSOA Fellowship Exam649 6000.0000.0011.5011.500099c6
21QFI CORESOA Fellowship Exam649 6100.0000.0011.0911.090099c6
22CERASOA Designation349 725-0.4700.0051.00100.27ff9900
23FSASOA Designation349 7100.0000.00122.63122.63ff9900

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 7 duplicate names, 16 changed names, and 4 duplicate and changed names.