Exam 7  

Estimation of Policy Liabilities, Insurance Company Valuation, and Enterprise Risk Management
  • Average
    Pass Rate
  • Sponsoring SocietyCAS
  • Dates ActiveMay 2011 - Present
  • Sittings to Date8
  • Attempts per Sitting447
  • Total Passes/Attempts1,523 / 3,574
  • Highest Pass Rate57.7% May-14
  • Lowest Pass Rate11.1% May-11
  • Effective Pass Rate44.5%
  • Std Dev of Pass Rate14.2%
8109495/1/2018 12:00:00 AM89785234338.240.3 7/16/2018 12:00:00 AM42.6May-2018
797095/1/2017 12:00:00 AM82980439948.149.675.77/12/2017 12:00:00 AM44.1May-2017
683794/1/2016 12:00:00 AM60357922637.539.073.67/10/2016 12:00:00 AM42.3Apr-2016
573495/1/2015 12:00:00 AM45945022448.849.875.17/18/2015 12:00:00 AM44.6May-2015
460595/1/2014 12:00:00 AM30029417357.758.874.17/5/2014 12:00:00 AM42.1May-2014
348995/1/2013 12:00:00 AM34231310129.532.368.95/18/2014 12:00:00 AM32.5May-2013
240295/1/2012 12:00:00 AM1351255641.544.873.25/15/2014 12:00:00 AM39.6May-2012
129595/1/2011 12:00:00 AM98111.112.573.85/13/2014 12:00:00 AM11.1May-2011

Distribution of Travel Times to Designations

Number of People942873
5th percentile-2.500.50
25th percentile-1.001.50
75th percentile0.002.00
95th percentile1.083.00



Exam 7

Exam Sitting  all sittings

1PSOA Preliminary Exam19 59865-5.5900.0012.58866-5.583366cc
2FMSOA Preliminary Exam19 41867-5.2300.0011.08868-5.223366cc
3IFMSOA Preliminary Exam19 7800.0000.0010.5010.503366cc
4MAS-ICAS Preliminary Exam29 7700.0030.0021.2150.48dc3912
5OC1CAS Preliminary Exam29 57709-2.2700.00620.82771-2.03dc3912
6OC2CAS Preliminary Exam29 58621-1.9600.001090.84730-1.54dc3912
75CAS Preliminary Exam29 31256-2.1040.0020.751262-2.09dc3912
86-CanadaCAS Preliminary Exam29 7152-1.4100.00940.93246-0.52dc3912
96-U.S.CAS Preliminary Exam29 8891-1.4440.001080.781003-1.20dc3912
10ASASOA Designation39 7017-4.0300.0042.9421-2.70ff9900
11ACASCAS Designation49 73477-1.272860.001790.96942-0.46109618
12CFE FDSOA Fellowship Exam59 181-1.0800.0000.001-1.08990099
13CFE SDMSOA Fellowship Exam59 191-0.5000.0000.001-0.50990099
14ERMSOA Fellowship Exam59 383-3.1900.0024.425-0.15990099
15GH ADVSOA Fellowship Exam59 421-2.5800.0000.001-2.58990099
16GH CORUSOA Fellowship Exam59 441-3.0800.0013.5020.21990099
17GH SPCSOA Fellowship Exam59 451-3.0000.0000.001-3.00990099
18GI ADVSOA Fellowship Exam59 4600.0010.0000.0010.00990099
19ILA LFVUSOA Fellowship Exam59 511-2.0800.0000.001-2.08990099
207CAS Fellowship Exam69 900.0014240.0000.0014240.000099c6
218CAS Fellowship Exam69 12532-0.9600.007010.7712330.020099c6
229CAS Fellowship Exam69 13217-1.25310.007111.249590.630099c6
23CERASOA Designation39 722-3.0000.0000.002-3.00ff9900
24FSASOA Designation39 714-3.4400.0010.255-2.70ff9900
25FCASCAS Designation49 7400.0000.008731.588731.58109618

Number of Years (Before)/After Passing Exam 7
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 7 on all sittings, there were 101 duplicate names, 794 changed names, and 33 duplicate and changed names.