Individual Life and Annuities - Life Finance and Valuation Exam Canada
  • Average
    Pass Rate
  • Sponsoring SocietySOA
  • Dates ActiveNov 2013 - Present
  • Sittings to Date10
  • Attempts per Sitting67
  • Total Passes/Attempts280 / 672
  • Highest Pass Rate48.4% Apr-15
  • Lowest Pass Rate37.5% May-14
  • Effective Pass Rate42.6%
  • Std Dev of Pass Rate3.5%
101131504/1/2018 12:00:00 AM92864043.546.5 7/20/2018 12:00:00 AM41.7Apr-2018
910555011/1/2017 12:00:00 AM85843237.638.1 1/19/2018 12:00:00 AM41.4Nov-2017
8987504/1/2017 12:00:00 AM73723142.543.1 7/21/2017 12:00:00 AM42.0Apr-2017
79245011/1/2016 12:00:00 AM70693144.344.9 1/27/2017 12:00:00 AM41.9Nov-2016
6857505/1/2016 12:00:00 AM64632437.538.1 8/1/2016 12:00:00 AM41.5May-2016
57885010/1/2015 12:00:00 AM57552442.143.6 1/22/2016 12:00:00 AM42.4Oct-2015
4720504/1/2015 12:00:00 AM64633148.449.2 7/17/2015 12:00:00 AM42.4Apr-2015
36685010/1/2014 12:00:00 AM55552341.841.8 1/24/2015 12:00:00 AM40.1Oct-2014
2616505/1/2014 12:00:00 AM56562137.537.5 7/19/2014 12:00:00 AM39.3May-2014
15535011/1/2013 12:00:00 AM56552341.141.8 1/24/2014 12:00:00 AM41.1Nov-2013

Distribution of Travel Times to Designations

Number of People247182
5th percentile-4.570.33
25th percentile-2.250.75
75th percentile-0.501.34
95th percentile0.782.67



1PSOA Preliminary Exam150 59199-6.0500.0000.00199-6.053366cc
2FMSOA Preliminary Exam150 41195-5.6800.0000.00195-5.683366cc
3MFESOA Preliminary Exam150 55219-4.2400.0000.00219-4.243366cc
4MLCSOA Preliminary Exam150 56213-4.3800.0000.00213-4.383366cc
5CSOA Preliminary Exam150 17227-3.6000.0000.00227-3.603366cc
6STCAS Preliminary Exam250 681-2.5000.0000.001-2.50dc3912
7OC1CAS Preliminary Exam250 5700.0000.0010.5910.59dc3912
8OC2CAS Preliminary Exam250 5800.0000.0011.3411.34dc3912
95CAS Preliminary Exam250 300.0000.0010.4210.42dc3912
106-CanadaCAS Preliminary Exam250 700.0000.0011.0011.00dc3912
11ASASOA Designation350 70209-1.8860.00320.92247-1.48ff9900
12ACASCAS Designation450 7300.0000.0012.0012.00109618
13EA2FSOA Enrolled Actuary Exam550 361-1.4100.0000.001-1.41990099
14ERMSOA Fellowship Exam650 3835-1.4900.00310.5966-0.510099c6
15ILA LFVCSOA Fellowship Exam650 5000.002630.0000.002630.000099c6
16ILA LPSOA Fellowship Exam650 52188-1.1410.0061.64195-1.050099c6
17ILA LRMSOA Fellowship Exam650 5346-1.2200.00560.73102-0.150099c6
18CERASOA Designation350 7224-1.1630.00300.9057-0.02ff9900
19FSASOA Designation350 7100.0000.001821.181821.18ff9900
20FCASCAS Designation450 741-6.5000.0000.001-6.50109618

Number of Years (Before)/After Passing Exam ILA LFVC
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 ILA LFVC on all sittings, there were 17 duplicate names, 31 changed names, and 4 duplicate and changed names.