LAM – Fall 2020 Syllabus Changes

Today the SOA released the new Fall 2020 / Spring 2021 LAM syllabus. The changes were fairly small and are documented below.

We will have updated detailed study guide materials available very soon (today or in the next few days).

ADD
1. (4 pages) Beware of Stochastic Model Risk!, Stroman, Risk & Rewards, SoA, Aug 2019
2. (5 pages) Common Misunderstandings of Risk-Neutral Valuation, Stroman, Financial Reporter, SoA, June 2019
3. (7 pages) ASOP 56: Modeling, sections 3 & 4, Dec 2019
4. (4 pages) The Importance of Centralization of Actuarial Modeling Functions, Part 1: Focus on Modularization and Reuse, The Modeling Platform, Nov 2019

DROP
1. (8 pages) LAM-136-19: Modeling, ASB, Third Exposure Draft, sections 3 & 4
2. (4 pages) End-to-End Assumption Documentation Practices, Financial Reporter, March 2016