Exam ILA LP  

Individual Life and Annuities - Life Pricing
  • Average
    Pass Rate
  • Sponsoring SocietySOA
  • Dates ActiveNov 2013 - Present
  • Sittings to Date11
  • Attempts per Sitting419
  • Total Passes/Attempts2,283 / 4,610
  • Highest Pass Rate55.0% Apr-17
  • Lowest Pass Rate44.3% May-16
  • Effective Pass Rate51.5%
  • Std Dev of Pass Rate3.2%
1111795210/1/2018 12:00:00 AM66464631247.048.3 1/19/2019 12:00:00 AM49.5Oct-2018
101133524/1/2018 12:00:00 AM53651326549.451.7 7/20/2018 12:00:00 AM49.9Apr-2018
910575211/1/2017 12:00:00 AM47046325053.254.0 1/19/2018 12:00:00 AM50.0Nov-2017
8989524/1/2017 12:00:00 AM42241023255.056.6 7/21/2017 12:00:00 AM49.5Apr-2017
79265211/1/2016 12:00:00 AM42240921350.552.1 1/27/2017 12:00:00 AM48.6Nov-2016
6859525/1/2016 12:00:00 AM42040218644.346.3 8/1/2016 12:00:00 AM48.2May-2016
57905210/1/2015 12:00:00 AM37335819050.953.1 1/22/2016 12:00:00 AM49.2Oct-2015
4722524/1/2015 12:00:00 AM34532317550.754.2 7/17/2015 12:00:00 AM48.7Apr-2015
36705210/1/2014 12:00:00 AM33331616048.050.6 1/24/2015 12:00:00 AM48.0Oct-2014
2595524/1/2014 12:00:00 AM33031415045.547.8 7/19/2014 12:00:00 AM48.0Apr-2014
15555211/1/2013 12:00:00 AM29528015050.853.6 1/24/2014 12:00:00 AM50.8Nov-2013

Distribution of Travel Times to Designations

Number of People1,984815
5th percentile-3.670.75
25th percentile-1.251.50
75th percentile-0.082.41
95th percentile1.343.67



1PSOA Preliminary Exam152 591616-5.3800.0000.001616-5.383366cc
2FMSOA Preliminary Exam152 411642-5.0500.0000.001642-5.053366cc
3STAMSOA Preliminary Exam152 8000.0010.0000.0010.003366cc
4OC1CAS Preliminary Exam252 572-1.3000.0022.5540.63dc3912
5OC2CAS Preliminary Exam252 582-1.3000.0011.923-0.22dc3912
65CAS Preliminary Exam252 31-1.0000.0011.0020.00dc3912
76-CanadaCAS Preliminary Exam252 700.0000.0011.5811.58dc3912
8ASASOA Designation352 701560-1.29390.003850.951984-0.83ff9900
9ACASCAS Designation452 731-1.4100.0012.5820.58109618
10EA2FSOA Enrolled Actuary Exam552 366-1.5100.0000.006-1.51990099
11EA2LSOA Enrolled Actuary Exam552 373-1.2500.0000.003-1.25990099
12CFE FDSOA Fellowship Exam652 181-2.5000.0000.001-2.500099c6
13ERMSOA Fellowship Exam652 38192-0.9210.002391.284320.300099c6
14GI INTSOA Fellowship Exam652 482-2.2100.0000.002-2.210099c6
15ILA LFVCSOA Fellowship Exam652 5010-1.2810.002171.182281.070099c6
16ILA LFVUSOA Fellowship Exam652 51122-1.0220.009421.0610660.820099c6
17ILA LPSOA Fellowship Exam652 5200.0021030.0000.0021030.000099c6
18ILA LRMSOA Fellowship Exam652 53171-0.9140.007661.209410.810099c6
19QFI CORESOA Fellowship Exam652 611-4.4100.0011.912-1.250099c6
20QFI IRMSOA Fellowship Exam652 621-1.5100.0000.001-1.510099c6
21RET RPIRMSOA Fellowship Exam652 661-2.0900.0000.001-2.090099c6
22ST-9CAS Fellowship Exam752 691-6.0800.0000.001-6.08dd4477
23CERASOA Designation352 72135-0.6720.002451.623820.80ff9900
24FSASOA Designation352 7100.0000.008152.048152.04ff9900

Number of Years (Before)/After Passing Exam ILA LP
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 LP on all sittings, there were 180 duplicate names, 372 changed names, and 43 duplicate and changed names.