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Printed Manual is three-hole punched, shrink-wrapped, and notebook-ready for convenient transporting. 

Reselling, sharing or committing other copyright violations is not allowed. Copyright infringement is a violation of the SOA Code of Professional Conduct and can result in discipline procedures. 

This manual offers comprehensive coverage of the syllabus for SOA Exam C and CAS Exam 4. In its 64 lessons, the following topics are reviewed:

• Parametric distributions


• Risk measures


• Coverage modifications, including deductibles, claims limits, coinsurance, and inflation


• Discrete distributions


• Compound models


• Aggregate deductibles


• Empirical estimators, including ogives, product-limit and Nelson-Aalen


• Kernel smoothing


• Mortality table construction


• Parametric estimation, including method of moments, percentile matching, and maximum likelihood


• Hypothesis testing


• Limited fluctuation credibility


• Bayesian credibility


• Buhlmann credibility


• Empirical Bayes methods


• Simulation


• Bootstrap approximation

The manual has about 1500 pages, about 250 examples, 72 in-lesson exercises, and about 1400 end-of-lesson exercises, including both original and old exam questions, many of them taken from pre-2000 exams, which are not easily available, all with worked out solutions. In addition to these exercises, there are 13 full-length (35-question) practice exams. An appendix has a cross reference to help you track down lessons corresponding to published 2000 and later exam questions, and there is an index. Many students have found this manual adequate by itself for exam preparation, but the Klugman textbook and the study notes required for the exam are referenced in each lesson if you wish to use them.

New for Spring 2018: All known errata have been corrected

Manual includes StudyPlus+ digital access to:

• Virtual eFlashcards


• Digital formula sheet


• Actuarial exam and career strategy guides


• Technical skill eLearning tools


• Samples of Supplemental Texts & Study Tools


• And more!

StudyPlus+ access codes are provided within printed study manuals on a fluorescent yellow or green page inside, near the front of the manual and are emailed to customers of the digital-only study manuals. Emailed codes will arrive shortly after confirmation of a digital manual (or bundle) order; please check all junk, spam or bulk folders to be certain the message is not misfiled upon delivery. 

AND

ASM Pass Guarantee!

ASM authors/instructors are well-known as creators of the most comprehensive study manuals available for the SOA and CAS exams. ASM consistently offers students more practice problems with detailed solutions and more sample practice exams with original questions. 
We are very confident that using ASM study manuals will help you receive a passing score. In fact, we offer you this guarantee to help ensure your success using ASM study manuals:

• Original purchase of a 6 Month Digital License – One (1) six-month renewal [NO PRINTING]


• Original purchase of a 12 Month Digital License - Unlimited, six-month renewals [NO PRINTING]


• Original purchase of a Printed manual - Unlimited, six-month digital renewal [NO PRINTING]

To renew your non-transferable license, please email this retailer with proof of your original purchase & failing grade from the most recent exam sitting relative to the end of your most recent license (no later than 60-days following the expiration of that license.) Additional 6-month renewals (when applicable) are subject to the same terms. Please note, customers who purchase a printed manual from this retailer are considered to have an initial ‘license period’ of 12 Months from the date their manual is first shipped.

Please note: Exams and syllabi sometimes undergo significant changes. Renewals of materials for discontinued exams may be substituted with material for an exam that offers equivalent credit by the SOA or CAS, ONE TIME ONLY.

AUTHOR INFORMATION:

Abraham Weishaus

Formerly financial reporting actuary for Guardian Life Insurance Company. Served on the SOA’s Education and Examination Committee for 11 years. Taught exam preparation courses for the Actuarial Society of Greater New York (ASNY) for 15 years and for CAMAR for 6 years. Currently is a professor at Columbia University and teaches exam preparation courses at St. Johns University.

CLICK HERE for more information and ERRATA