Individual Life and Annuities - Life Finance and Valuation Exam United States
  • Average
    Pass Rate
  • Sponsoring SocietySOA
  • Dates ActiveNov 2013 - Present
  • Sittings to Date10
  • Attempts per Sitting280
  • Total Passes/Attempts1,251 / 2,802
  • Highest Pass Rate49.8% Apr-15
  • Lowest Pass Rate37.6% May-14
  • Effective Pass Rate46.5%
  • Std Dev of Pass Rate3.8%
101132514/1/2018 12:00:00 AM35734815744.045.1 7/20/2018 12:00:00 AM44.6Apr-2018
910565111/1/2017 12:00:00 AM30228213444.447.5 1/19/2018 12:00:00 AM44.7Nov-2017
8988514/1/2017 12:00:00 AM27025812445.948.1 7/21/2017 12:00:00 AM44.8Apr-2017
79255111/1/2016 12:00:00 AM30129115049.851.5 1/27/2017 12:00:00 AM44.6Nov-2016
6858515/1/2016 12:00:00 AM27626911541.742.8 8/1/2016 12:00:00 AM43.6May-2016
57895110/1/2015 12:00:00 AM28227213347.248.9 1/22/2016 12:00:00 AM44.1Oct-2015
4721514/1/2015 12:00:00 AM27126313549.851.3 7/17/2015 12:00:00 AM43.2Apr-2015
36695110/1/2014 12:00:00 AM25424110742.144.4 1/24/2015 12:00:00 AM40.8Oct-2014
2617515/1/2014 12:00:00 AM2552479637.638.9 7/19/2014 12:00:00 AM40.1May-2014
15545111/1/2013 12:00:00 AM23422010042.745.5 1/24/2014 12:00:00 AM42.7Nov-2013

Distribution of Travel Times to Designations

Number of People1,089780
5th percentile-5.050.33
25th percentile-2.250.67
75th percentile-0.581.58
95th percentile1.082.67



1PSOA Preliminary Exam151 59798-5.8700.0000.00798-5.873366cc
2FMSOA Preliminary Exam151 41828-5.5600.0000.00828-5.563366cc
3MFESOA Preliminary Exam151 55903-4.2600.0000.00903-4.263366cc
4MLCSOA Preliminary Exam151 56908-4.1310.0020.67911-4.113366cc
5CSOA Preliminary Exam151 17958-3.3900.0021.05960-3.383366cc
6OC1CAS Preliminary Exam251 573-2.4100.0000.003-2.41dc3912
7OC2CAS Preliminary Exam251 583-2.0800.0000.003-2.08dc3912
85CAS Preliminary Exam251 31-2.9200.0000.001-2.92dc3912
96-U.S.CAS Preliminary Exam251 81-2.4100.0000.001-2.41dc3912
10ASASOA Designation351 70942-1.93100.001370.971089-1.55ff9900
11ACASCAS Designation451 732-2.4600.0000.002-2.46109618
12EA2FSOA Enrolled Actuary Exam551 364-2.3100.0000.004-2.31990099
13EA2LSOA Enrolled Actuary Exam551 373-2.4800.0000.003-2.48990099
14ERMSOA Fellowship Exam651 38133-1.2700.001310.70264-0.290099c6
15ILA LFVUSOA Fellowship Exam651 5100.0011470.0000.0011470.000099c6
16ILA LPSOA Fellowship Exam651 52795-1.0220.001030.95900-0.800099c6
17ILA LRMSOA Fellowship Exam651 53212-0.9540.003190.805350.100099c6
18RET RPIRMSOA Fellowship Exam651 661-2.5000.0000.001-2.500099c6
197CAS Fellowship Exam751 900.0000.0012.0812.08dd4477
208CAS Fellowship Exam751 1200.0000.0010.5010.50dd4477
219CAS Fellowship Exam751 1300.0000.0013.0813.08dd4477
22CERASOA Designation351 7290-1.1020.001541.022460.24ff9900
23FSASOA Designation351 7100.0000.007801.187801.18ff9900
24FCASCAS Designation451 7400.0000.0013.5913.59109618

Number of Years (Before)/After Passing Exam ILA LFVU
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 LFVU on all sittings, there were 104 duplicate names, 232 changed names, and 28 duplicate and changed names.