Acturial Study Materials

ASM Study Manual for LTAM

By: Weishaus

Edition: 1st Edition, 4th Printing

ERRATA

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About the manual:


ASM’s LTAM manual offers comprehensive coverage of the syllabus for the new SOA Exam LTAM. In its 75 lessons, the following topics are reviewed:



  • Survival models

  • Insurances

  • Annuities

  • Premiums

  • Reserves

  • Markov chains

  • Multiple decrement models

  • Multiple life models

  • Estimating mortality rates and transition intensities

  • Pensions

  • Profit tests



The 1st edition - Fourth Printing of the manual has over 1800 pages and over 1600 end-of-lesson exercises, including over 780 original and 1040 old exam questions, plus over 350 examples and 90 in-lesson exercises. In addition to these exercises, there are thirteen practice exams, all having 20 multiple choice and 6-7 written answer questions, just like the real exam. An appendix has a cross reference to help you track down lessons corresponding to the SOA 322 sample questions and questions from released exams 2000 and later, and there is an index. Many students have found these manuals adequate by themselves for exam preparation, but the textbook for the exam is referenced in each lesson if you wish to use it. 


NEW IN THE FOURTH PRINTING: Corrections to all known errata


Printed manual duplex printed on three-hole punch paper. Pages shrink wrapped together into a bundle.


 


Available formats:



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

  • Digital manualis available in 6-month or 12-month licenses.

    • 6-month digital license: no printing

    • 12-month digital license: Print up to 30% of the manual, total



  • License extensions:

    • 3-month and 6-month paid license extensions are available to customers with confirmed access to this 3rd edition of the manual. Extensions are only available by calling customer service and must be purchased prior to the expiration of a current license (of the same content,) for exclusive use by the original recipient. Extensions do not include printing rights and may not be shared, sold or manipulated in any way.

      • Customers in violation of these terms forfeit their licenses and are not eligible for reimbursement.

      • Copyright infringement is in violation of the CAS & SOA Code of Professional Conduct and can result in discipline procedures. 






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StudyPlus+access is provided to customers of the printed manual for 12 months. Access codes are included within printed study manuals on a fluorescent yellow or green page, near the front of the manual.  Digital manual customers gain access to StudyPlus+ immediately upon confirmation of an order, for a duration matching the digital manual license (including any extensions.)


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.


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Access content from any device, anywhere Online in your Actuarial Bookstore account/web browser Offline via the FREE desktop player (pc or mac) **Use required for print functionality on 12-month licenses** Online/Offline via mobile application (android or iPhone) Take notes and highlight content Use available content immediately upon confirmation of your order Some restrictions do apply: Access through “My Account/My Learning Tools” section of your account 6 month license - no printing 1 year license - 30% printing Single User (sharing and/or resale is prohibited) Access to content on up to four devices Use off-line for up to 5 days at a time NO RETURNS 


 


Author biography:


Abraham Weishaus Ph.D., FSA, CFA, MAAA


Abraham was formerly a financial reporting actuary for Guardian Life Insurance Company. He served on the SOA's Education and Examination Committee for 11 years. He also taught exam preparation courses for the Actuarial Society of Greater New York (ASNY) for 15 years and for CAMAR for 6 years. Abe is currently a professor at Columbia University and teaches exam preparation courses at St. John’s University. He has been an ASM author for over 16 years and publishes material for exams P, CAS S, MFE, MLC and C.

Actuarial Study Materials

ASM has been helping students prepare for actuarial exams since 1983. We offer study materials for Exams P, FM, IFM, LTAM, STAM, SRM , PA, MAS-I & II and EA-1, EA-2F and EA-2L, written by an outstanding team of authors. ASM Products are sold at ACTEX Learning | Mad River Books and The Actuarial Bookstore.