BattleActs PowerPack
Contents
How to Use the PowerPack
Step 1. Build a solid understanding of how to solve exam problems
- Our PDFs contain the core problems with step-by-step detailed solutions
Step 2. Drill to crush problems on exam day
- Use our web-based templates to generate an infinite number of problems
- With practice, you'll become more efficient and accurate on exam day
Step 3. Practice in an Excel/CBT like environment
- We have a list of all the essential exam formulas from both reserving and pricing in one place
Step 4. More Practice
- 4 original exams and past CAS exams are available.
Step 1.: Step-by-Step Solutions
Our PDFs contain the core problems and detailed step-by-step solutions in these 2 files.
Exam 5 One-stop PDF → RESERVING
Step 2: Drill: Infinite Calculation Problems
If you practice on the exact same exam problem several times, you can find yourself memorizing the numbers rather than understanding the steps. To address this, we've recreated many standard problems but with the facility to generate randomized input values. That way, you won't know the answer in advance.
The link below takes you to a list of currently available infinite calculation problems. (Note that we develop new ones on an ongoing basis.) These problems are presented in a webpage but you can copy the input data from the web page and paste it into an Excel file. After you solve the problem in Excel, type or copy your answers back into the webpage to be scored by the computer.
Step 3: Practice in an Excel/CBT Environment
Reserving Problems (Excel Format)
These tables provide a listing of all the important types of problems from both reserving and pricing. If you can solve these problems, and have worked through the last several exams, you should be well prepared for anything that may come up.
title problem types Set 1 Set 2 Set 3 Set 4 Reserving-A information in triangles
building triangles
development method
BF method
CC methodReserving-A-01 Reserving-A-02 Reserving-B FS basic method
case OS formula method
reported Berq-Sherm methodReserving-B-01 Reserving-B-02 Reserving-C building triangles
development method
BF method (tort reform)
CC method (adjs)Reserving-C-01 Reserving-C-02 Reserving-C-03 Reserving-C-04 Reserving-D disposal rate method
paid Berq-Sherm method
case O/S hard method
evaluationReserving-D-01 Reserving-D-02 Reserving-E S/S multiplicative
reinsurance net unpaid
ALAE additive/mult.
ULAE - classical/Kittel
ULAE - Conger/NolibosReserving-E-01 Reserving-E-02
Pricing Problems (Excel Format)
chapter problem types Set 1 Set 2 Pricing-01-03-04 basic formulas
AY & CY losses
exposure aggregationPricing: Set 1 (01-03-04) Pricing: Set 2 (01-03-04) Pricing-05a EP @ CRL: annual, 1 rt chg
EP @ CRL: annual, 2 rt chgs
EP @ CRL: 6-month
EP @ CRL: policy years
EP @ CRL: law changePricing: Set 1 (05a) Pricing: Set 2 (05a) Pricing-05b 1-step premium trending
2-step premium trending
premium developmentPricing: Set 1 (05b) Pricing: Set 2 (05b) Pricing-06 excess loss factor
benefit change impact
trend selection
trend period (losses)
leveraged effect of limitsPricing: Set 1 (06) Pricing: Set 2 (06) Pricing-07-08 pure premium method
all-variable expense method
premium-based expense method
exposure-based expense method
loss ratio methodPricing: Set 1 (07-08) Pricing: Set 2 (07-08) Pricing-09 relativities: pure premium method
relativities: with credibility
relativities: loss ratio method
relativities: adjusted pure premium method
relativities: detecting distortionPricing: Set 1 (09) Pricing: Set 2 (09) Pricing-11 ILFs: uncensored data
ILFs: censored data
deductible relativities: ground-up losses
deductible relativities: net losses
WC: premium discount
WC: loss constant
ITV: premium rate per $1,000
ITV: co-insurancePricing: Set 1 (11) Pricing: Set 2 (11) Pricing-12-13 C of C: Harwayne's method
C of C: increased limits analysis
C of C: lower limits analysis
C of C: limits analysis
lifetime value analysisPricing: Set 1 (12-13) Pricing: Set 2 (12-13) Pricing-14 additive expense fee
extension of exposures
AARD method
A(Δ)ARD method
limiting premium effect: non-base level
limiting premium effect: base levelPricing: Set 1 (14) Pricing: Set 2 (14) Pricing-15 experience modification: CGL
experience modification: WC
loss-rated composite rating
large deductible policies
retrospective ratingPricing: Set 1 (15) Pricing: Set 2 (15) Pricing-App HO indication : pure premium method
WC indication: loss ratio methodPricing: Set 1 (App) Pricing: Set 2 (App)
Step 4: More Practice
BattleActs Original Practice Exams
| Exam ID | Difficulty | Excel Questions | Excel Solutions | Instructor Support |
| A-01 | 😀 Not too hard. | BA Exam 5 Practice Exam: A-01 | BA Exam 5 Practice Exam: A-01 (Solutions) | Forum - Practice Exam 1 |
| A-02 | 😁 Not too hard. | BA Exam 5 Practice Exam: A-02 | BA Exam 5 Practice Exam: A-02 (Solutions) | Forum - Practice Exam 2 |
| B-01 | 😕 A bit harder. | BA Exam 5 Practice Exam: B-01 | BA Exam 5 Practice Exam: B-01 (Solutions) | Forum - Practice Exam 3 |
| B-02 | 😭 A bit harder. | BA Exam 5 Practice Exam: B-02 | BA Exam 5 Practice Exam: B-02 (Solutions) | Forum - Practice Exam 4 |
CAS Past Exams
To get the most out of these files you should attempt each exam under timed conditions and then grade yourself strictly.
Alice: "I've heard the F2 and F4 keys don't work in the Pearson environment. They do work in our Excel files but you've been warned for BattleDay!"
