Individual Life and Annuities - Life Finance and Valuation Exam Canada
  • Average
    Pass Rate
  • Sponsoring SocietySOA
  • Dates ActiveNov 2013 - Present
  • Sittings to Date11
  • Attempts per Sitting70
  • Total Passes/Attempts310 / 770
  • Highest Pass Rate48.4% Apr-15
  • Lowest Pass Rate30.6% Nov-18
  • Effective Pass Rate41.3%
  • Std Dev of Pass Rate4.7%
1111895011/1/2018 12:00:00 AM98933030.632.3 1/19/2019 12:00:00 AM40.3Nov-2018
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 People273191
5th percentile-4.470.33
25th percentile-2.250.71
75th percentile-0.581.34
95th percentile0.672.67



1PSOA Preliminary Exam150 59225-6.0400.0000.00225-6.043366cc
2FMSOA Preliminary Exam150 41220-5.6700.0000.00220-5.673366cc
3OC1CAS Preliminary Exam250 5700.0000.0010.5910.59dc3912
4OC2CAS Preliminary Exam250 5800.0000.0011.3411.34dc3912
55CAS Preliminary Exam250 300.0000.0010.4210.42dc3912
66-CanadaCAS Preliminary Exam250 700.0000.0011.0011.00dc3912
7ASASOA Designation350 70235-1.8460.00320.92273-1.48ff9900
8ACASCAS Designation450 7300.0000.0012.0012.00109618
9EA2FSOA Enrolled Actuary Exam550 361-1.4100.0000.001-1.41990099
10ERMSOA Fellowship Exam650 3840-1.5400.00370.5977-0.510099c6
11ILA LFVCSOA Fellowship Exam650 5000.002920.0000.002920.000099c6
12ILA LPSOA Fellowship Exam650 52217-1.1810.00101.28228-1.070099c6
13ILA LRMSOA Fellowship Exam650 5357-1.3200.00640.82121-0.190099c6
14CERASOA Designation350 7228-1.1230.00340.8965-0.02ff9900
15FSASOA Designation350 7100.0000.001911.191911.18ff9900
16FCASCAS 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 18 duplicate names, 36 changed names, and 4 duplicate and changed names.