The early bird . . .

They say that the early bird catches the worm, and in some ways that’s true for Actuarial exams as well.  The earlier that you can start studying, the more time that you will have to get through the material and digest what you have learned (sorry, I couldn’t resist :o).

If you’re starting early on the online seminar for 2008, you will have immediate access to the online seminar from 2007.  As you will see, the material is broken down into specific sections that cover consistent topics.  Where possible, I have attempted to combine the study material to avoid redundancy.

Fortunately, almost everything on the syllabus is exactly the same for 2008, but there are a few sections that have been removed and a few new sections to add.  I wanted to give a brief summary of the changes so that you don’t waste any time studying material that is no longer on the exam.

Here is a list of the sections from 2007 that are no longer on the syllabus for 2008 and will be REMOVED from the online seminar:

  • 2007 Section A.3.1 — Recent Developments in the Annuity World
  • 2007 Section A.3.3 — Whither the VA?
  • 2007 Section B.2.11 — Pricing a Select & Ultimate Annual Renewable Term Product

There are 6 new items that have been added to the syllabus for 2008.  I’m still reviewing these items, but right now it looks like nearly all of them will be added to Section B.2 in my online outline.  I plan to post an update when these sections are recorded and available.

Hopefully that gives the “early birds” an idea of what’s new for 2008!


Welcome to the 2008 Edition!

Greetings and welcome to the 2008 edition of the SOA exam ILA-DP!!  (Individual Life & Annuities – Design & Pricing)

As you probably know, I’m back for my second year teaching The Infinite Actuary’s seminar for this exam.  Fortunately, almost all of the material is unchanged from 2007, so you should be able to get started right away and keep moving along at your own pace in the weeks to come.

I will be updating this blog periodically with information related to the online seminar.  In the next few days you can expect a summary of the changes for 2008 and a study schedule that will get you through the exam prior to the live seminar in St. Louis in September.  I will also be posting updates when new information is available (like new practice problems).

For now, I just want to wish everyone good luck with your initial studying.  I know that there is a lot of information on this exam, but I’ve tried to break it down into more manageable pieces. 

Happy Studying!