Difference between revisions of "BattleActs PowerPack"

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(→‎Pricing Problems (Excel Format))
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=='''<span style="color:red;">Breaking News:</span>''' The ''BattleActs PowerPack'' is online!==
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=='''<span style="color:red;">How to Use the PowerPack</span>==
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Super-charge your learning with our '''<span style="color:red;">4 Power Stations:</span>'''
 
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* '''<span style="color:red;">Past exams</span>''': Quick and easy access at your fingertips
 
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* '''<span style="color:red;">One-stop PDF</span>''' of core problems and solutions.
 
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* '''<span style="color:red;">Infinite and Interactive</span>''': Generate infinite versions of a problem with our web-based platform and crush it in Excel.
 
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* '''<span style="color:red;">Power Core</span>''': Practice multiple versions of core excel problems in a CBT-like environment.
 
  
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Battleacts is here to help you prepare for both the syllabus content and the exam environment. With the CAS move to Computer Based Testing (CBT) with Pearson VUE we're providing Excel files which resemble your exam day experience. As more information is made available about the testing experience we'll update the files accordingly.
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'''Step 1. Build a solid understanding of how to solve exam problems '''
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* Our PDFs contain the core problems with step-by-step detailed solutions
  
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=='''<span style="color:red;">Station 1: </span>'''Power through Past Exams==
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'''Step 2. Drill to crush problems on exam day'''
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* Use our web-based templates to generate an infinite number of problems
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* With practice, you'll become more efficient and accurate on exam day
  
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{| class="wikitable"
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'''Step 3. Practice in an Excel/CBT like environment'''
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|- style="text-align: center;" |
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* We have a list of all the essential exam formulas from both reserving and pricing in one place
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|'''Excel Problems'''||'''Excel Solutions'''||'''Examiner's Report'''
 
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|-
 
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|[https://www.battleacts5.ca/Excel/CBT/CBT_Exam_5_F.19_v03.xlsx <span style="color: white; font-size: 14px; background-color: green; border: solid; border-width: 1px; border-radius: 10px; margin: 0px; padding: 2px 10px 2px 10px; margin: 10px;">'''2019.Fall Exam 5'''</span>]
 
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| style="text-align: center;" | ''n/a''
 
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|| ''[https://www.battleacts5.ca/pdf/exam_5_(2019-2).pdf 2019.Fall Examiner's Report]''
 
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|-
 
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|[https://www.battleacts5.ca/Excel/CBT/CBT_Exam_5_S.19_v2.xlsx <span style="color: white; font-size: 14px; background-color: green; border: solid; border-width: 1px; border-radius: 10px; margin: 0px; padding: 2px 10px 2px 10px; margin: 10px;">'''2019.Spring Exam 5'''</span>]
 
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| style="text-align: center;" | ''n/a''
 
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|| ''[https://www.battleacts5.ca/pdf/exam_5_(2019-1).pdf 2019.Fall Examiner's Report]''
 
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|-
 
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|[https://www.battleacts5.ca/Excel/CBT/CBT_Exam_5_F.18_v2.xlsx <span style="color: white; font-size: 14px; background-color: green; border: solid; border-width: 1px; border-radius: 10px; margin: 0px; padding: 2px 10px 2px 10px; margin: 10px;">'''2018.Fall Exam 5'''</span>]
 
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| style="text-align: center;" | ''n/a''
 
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|| ''[https://www.battleacts5.ca/pdf/exam_5_(2018-2).pdf 2018.Fall Examiner's Report]''
 
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|-
 
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|[https://www.battleacts5.ca/Excel/TBE/Exam_5_2018.Spring_TBE_version_1_(questions_only).xlsm <span style="color: white; font-size: 14px; background-color: green; border: solid; border-width: 1px; border-radius: 10px; margin: 0px; padding: 2px 10px 2px 10px; margin: 10px;">'''2018.Spring Exam 5 (Original)'''</span>]
 
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|| [https://www.battleacts5.ca/Excel/TBE/Exam_5_2018.Spring_TBE_version_1.xlsx <span style="color: black; font-size: 14px; background-color: yellow; border: solid; border-width: 1px; border-radius: 10px; margin: 0px; padding: 2px 10px 2px 10px; margin: 10px;">'''2018.Spring Solutions (Original)'''</span>]
 
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| style="text-align: center;" | ''n/a''
 
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|-
 
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|[https://www.battleacts5.ca/Excel/TBE/Exam_5_2018.Spring_TBE_version_2_(questions_only).xlsm <span style="color: white; font-size: 14px; background-color: green; border: solid; border-width: 1px; border-radius: 10px; margin: 0px; padding: 2px 10px 2px 10px; margin: 10px;">'''2018.Spring Exam 5 (Makeup)'''</span>]
 
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|| [https://www.battleacts5.ca/Excel/TBE/Exam_5_2018.Spring_TBE_version_2.xlsx <span style="color: black; font-size: 14px; background-color: yellow; border: solid; border-width: 1px; border-radius: 10px; margin: 0px; padding: 2px 10px 2px 10px; margin: 10px;">'''2018.Spring Solutions (Makeup)'''</span>]
 
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| style="text-align: center;" | ''n/a''
 
  
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|}
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'''Step 4. More Practice'''
 +
* Past exams are available with quick and easy access at your fingertips
  
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To get the most out of these files you should attempt each exam under timed conditions and then grade yourself strictly.
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=='''<span style="color:red;">Step 1.: </span>'''Step-by-Step Solutions==
  
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''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!"''
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Our one-stop PDFs contain the core problems and detailed solutions in these 2 files.
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=='''<span style="color:red;">Station 2: </span>'''One-stop PDFs==
 
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Our one-stop PDFs contain the core problems and detailed solutions in these 2 files so you can quickly refresh your memory on a calculation. Use this in conjunction with the web-based templates or Excel files to help you remember the next step.  
 
  
 
[https://www.battleacts5.ca/pdf/PowerPack_Station2_(Reserving)_(v2).pdf <span style="color: white; font-size: 14px; background-color: green; border: solid; border-width: 1px; border-radius: 10px; margin: 0px; padding: 2px 10px 2px 10px; margin: 10px;">'''Exam 5 One-stop PDF &rarr; RESERVING'''</span>]
 
[https://www.battleacts5.ca/pdf/PowerPack_Station2_(Reserving)_(v2).pdf <span style="color: white; font-size: 14px; background-color: green; border: solid; border-width: 1px; border-radius: 10px; margin: 0px; padding: 2px 10px 2px 10px; margin: 10px;">'''Exam 5 One-stop PDF &rarr; RESERVING'''</span>]
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[https://www.battleacts5.ca/pdf/PowerPack_Station2_(Pricing)_(v2).pdf <span style="color: white; font-size: 14px; background-color: green; border: solid; border-width: 1px; border-radius: 10px; margin: 0px; padding: 2px 10px 2px 10px; margin: 10px;">'''Exam 5 One-stop PDF &rarr; PRICING'''</span>]
 
[https://www.battleacts5.ca/pdf/PowerPack_Station2_(Pricing)_(v2).pdf <span style="color: white; font-size: 14px; background-color: green; border: solid; border-width: 1px; border-radius: 10px; margin: 0px; padding: 2px 10px 2px 10px; margin: 10px;">'''Exam 5 One-stop PDF &rarr; PRICING'''</span>]
  
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=='''<span style="color:red;">Station 3: </span>'''Infinite and Interactive==
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=='''<span style="color:red;">Step 2: </span>'''Drill Web-Based Template Problems==
  
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After practicing problems for a while you can find yourself memorizing the numbers rather than understanding the steps. That's where BattleActs' web-based templates come in &mdash; we generate infinitely many versions of a problem so you focus on the steps involved.  
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After practicing problems for a while you can find yourself memorizing the numbers rather than understanding the steps. You'll gain a better understanding of the underlying concepts by applying them to different scenarios.
  
 
Download the Excel file below to use with the web-based templates. In your browser, navigate to the list of web-based calculation problems you want to study ''(see link below)'' and then open the Excel file to the same problem. Highlight the problem in your browser and copy it before pasting using "Match Destination Formatting" into the highlighted cell within the spreadsheet. Voila! You can now solve the new version of the problem in Excel and then type your answer(s) into the browser to grade it. Repeat as many times as you want to practice the problem.
 
Download the Excel file below to use with the web-based templates. In your browser, navigate to the list of web-based calculation problems you want to study ''(see link below)'' and then open the Excel file to the same problem. Highlight the problem in your browser and copy it before pasting using "Match Destination Formatting" into the highlighted cell within the spreadsheet. Voila! You can now solve the new version of the problem in Excel and then type your answer(s) into the browser to grade it. Repeat as many times as you want to practice the problem.
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* [https://www.battleacts5.ca/FC.php?selectString=**&filter=both&sortOrder=natural&colorFlag=allFlag&colorStatus=allStatus&priority=A&prefix=all&suffix=all&section=all&subSection=all&subsetFlag=CP&examRep=all&examYear=all&examTerm=all&quizNum=0&select07=0&select08=0&select09=0<span style="color: black; font-size: 12px; background-color: lightgrey; border: solid; border-width: 1px; border-radius: 10px; margin: 0px; padding: 2px 10px 2px 10px; margin: 10px;">'''BattleCards - Web-based problems'''</span>]
 
* [https://www.battleacts5.ca/FC.php?selectString=**&filter=both&sortOrder=natural&colorFlag=allFlag&colorStatus=allStatus&priority=A&prefix=all&suffix=all&section=all&subSection=all&subsetFlag=CP&examRep=all&examYear=all&examTerm=all&quizNum=0&select07=0&select08=0&select09=0<span style="color: black; font-size: 12px; background-color: lightgrey; border: solid; border-width: 1px; border-radius: 10px; margin: 0px; padding: 2px 10px 2px 10px; margin: 10px;">'''BattleCards - Web-based problems'''</span>]
  
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=='''<span style="color:red;">Station 4: </span>'''Power Core==
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=='''<span style="color:red;">Step 3: </span>'''Practice in an Excel/CBT Environment==
  
 
===Reserving Problems (Excel Format)===
 
===Reserving Problems (Excel Format)===
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|}
 
|}
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=='''<span style="color:red;">Step 4: </span>'''More Practice==
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 +
{| class="wikitable"
 +
|- style="text-align: center;" |
 +
|'''Excel Problems'''||'''Excel Solutions'''||'''Examiner's Report'''
 +
 +
|-
 +
|[https://www.battleacts5.ca/Excel/CBT/CBT_Exam_5_F.19_v03.xlsx <span style="color: white; font-size: 14px; background-color: green; border: solid; border-width: 1px; border-radius: 10px; margin: 0px; padding: 2px 10px 2px 10px; margin: 10px;">'''2019.Fall Exam 5'''</span>]
 +
| style="text-align: center;" | ''n/a''
 +
|| ''[https://www.battleacts5.ca/pdf/exam_5_(2019-2).pdf 2019.Fall Examiner's Report]''
 +
 +
|-
 +
|[https://www.battleacts5.ca/Excel/CBT/CBT_Exam_5_S.19_v2.xlsx <span style="color: white; font-size: 14px; background-color: green; border: solid; border-width: 1px; border-radius: 10px; margin: 0px; padding: 2px 10px 2px 10px; margin: 10px;">'''2019.Spring Exam 5'''</span>]
 +
| style="text-align: center;" | ''n/a''
 +
|| ''[https://www.battleacts5.ca/pdf/exam_5_(2019-1).pdf 2019.Fall Examiner's Report]''
 +
 +
|-
 +
|[https://www.battleacts5.ca/Excel/CBT/CBT_Exam_5_F.18_v2.xlsx <span style="color: white; font-size: 14px; background-color: green; border: solid; border-width: 1px; border-radius: 10px; margin: 0px; padding: 2px 10px 2px 10px; margin: 10px;">'''2018.Fall Exam 5'''</span>]
 +
| style="text-align: center;" | ''n/a''
 +
|| ''[https://www.battleacts5.ca/pdf/exam_5_(2018-2).pdf 2018.Fall Examiner's Report]''
 +
 +
|-
 +
|[https://www.battleacts5.ca/Excel/TBE/Exam_5_2018.Spring_TBE_version_1_(questions_only).xlsm <span style="color: white; font-size: 14px; background-color: green; border: solid; border-width: 1px; border-radius: 10px; margin: 0px; padding: 2px 10px 2px 10px; margin: 10px;">'''2018.Spring Exam 5 (Original)'''</span>]
 +
|| [https://www.battleacts5.ca/Excel/TBE/Exam_5_2018.Spring_TBE_version_1.xlsx <span style="color: black; font-size: 14px; background-color: yellow; border: solid; border-width: 1px; border-radius: 10px; margin: 0px; padding: 2px 10px 2px 10px; margin: 10px;">'''2018.Spring Solutions (Original)'''</span>]
 +
| style="text-align: center;" | ''n/a''
 +
 +
|-
 +
|[https://www.battleacts5.ca/Excel/TBE/Exam_5_2018.Spring_TBE_version_2_(questions_only).xlsm <span style="color: white; font-size: 14px; background-color: green; border: solid; border-width: 1px; border-radius: 10px; margin: 0px; padding: 2px 10px 2px 10px; margin: 10px;">'''2018.Spring Exam 5 (Makeup)'''</span>]
 +
|| [https://www.battleacts5.ca/Excel/TBE/Exam_5_2018.Spring_TBE_version_2.xlsx <span style="color: black; font-size: 14px; background-color: yellow; border: solid; border-width: 1px; border-radius: 10px; margin: 0px; padding: 2px 10px 2px 10px; margin: 10px;">'''2018.Spring Solutions (Makeup)'''</span>]
 +
| style="text-align: center;" | ''n/a''
 +
 +
|}
 +
 +
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!"''

Revision as of 22:30, 2 March 2023

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

  • Past exams are available with quick and easy access at your fingertips

Step 1.: Step-by-Step Solutions

Our one-stop PDFs contain the core problems and detailed solutions in these 2 files.

Exam 5 One-stop PDF → RESERVING

Exam 5 One-stop PDF → PRICING

Step 2: Drill Web-Based Template Problems

After practicing problems for a while you can find yourself memorizing the numbers rather than understanding the steps. You'll gain a better understanding of the underlying concepts by applying them to different scenarios.

Download the Excel file below to use with the web-based templates. In your browser, navigate to the list of web-based calculation problems you want to study (see link below) and then open the Excel file to the same problem. Highlight the problem in your browser and copy it before pasting using "Match Destination Formatting" into the highlighted cell within the spreadsheet. Voila! You can now solve the new version of the problem in Excel and then type your answer(s) into the browser to grade it. Repeat as many times as you want to practice the problem.

Click for a video explanation of how to use Station 3:

And here are the other links you'll need:

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 method 		Reserving-A-01

Reserving-A-01-Solns

Reserving-A-02

Reserving-A-02-Solns

Reserving-B FS basic method
case OS formula method
reported Berq-Sherm method 		Reserving-B-01

Reserving-B-01-Solns

Reserving-B-02

Reserving-B-02-Solns

Reserving-C building triangles
development method
BF method (tort reform)
CC method (adjs) 		Reserving-C-01

Reserving-C-01-Solns

Reserving-C-02

Reserving-C-02-Solns

Reserving-C-03

Reserving-C-03-Solns

Reserving-C-04

Reserving-C-04-Solns

Reserving-D disposal rate method
paid Berq-Sherm method
case O/S hard method
evaluation 		Reserving-D-01

Reserving-D-01-Solns

Reserving-D-02

Reserving-D-02-Solns

Reserving-E S/S multiplicative
reinsurance net unpaid
ALAE additive/mult.
ULAE - classical/Kittel
ULAE - Conger/Nolibos 		Reserving-E-01

Reserving-E-01-Solns

Reserving-E-02

Reserving-E-02-Solns

Pricing Problems (Excel Format)

chapter problem types Set 1 Set 2
Pricing-01-03-04 basic formulas
AY & CY losses
exposure aggregation 		Pricing: Set 1 (01-03-04)

Pricing: Set 1 (01-03-04) Solns

Pricing: Set 2 (01-03-04)

Pricing: Set 2 (01-03-04) Solns

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 change 		Pricing: Set 1 (05a)

Pricing: Set 1 (05a) Solns

Pricing: Set 2 (05a)

Pricing: Set 2 (05a) Solns

Pricing-05b 1-step premium trending
2-step premium trending
premium development 		Pricing: Set 1 (05b)

Pricing: Set 1 (05b) Solns

Pricing: Set 2 (05b)

Pricing: Set 2 (05b) Solns

Pricing-06 excess loss factor
benefit change impact
trend selection
trend period (losses)
leveraged effect of limits 		Pricing: Set 1 (06)

Pricing: Set 1 (06) Solns

Pricing: Set 2 (06)

Pricing: Set 2 (06) Solns

Pricing-07-08 pure premium method
all-variable expense method
premium-based expense method
exposure-based expense method
loss ratio method 		Pricing: Set 1 (07-08)

Pricing: Set 1 (07-08) Solns

Pricing: Set 2 (07-08)

Pricing: Set 2 (07-08) Solns

Pricing-09 relativities: pure premium method
relativities: with credibility
relativities: loss ratio method
relativities: adjusted pure premium method
relativities: detecting distortion 		Pricing: Set 1 (09)

Pricing: Set 1 (09) Solns

Pricing: Set 2 (09)

Pricing: Set 2 (09) Solns

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-insurance 		Pricing: Set 1 (11)

Pricing: Set 1 (11) Solns

Pricing: Set 2 (11)

Pricing: Set 2 (11) Solns

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 analysis 		Pricing: Set 1 (12-13)

Pricing: Set 1 (12-13) Solns

Pricing: Set 2 (12-13)

Pricing: Set 2 (12-13) Solns

Pricing-14 additive expense fee
extension of exposures
AARD method
A(Δ)ARD method
limiting premium effect: non-base level
limiting premium effect: base level 		Pricing: Set 1 (14)

Pricing: Set 1 (14) Solns

Pricing: Set 2 (14)

Pricing: Set 2 (14) Solns

Pricing-15 experience modification: CGL
experience modification: WC
loss-rated composite rating
large deductible policies
retrospective rating 		Pricing: Set 1 (15)

Pricing: Set 1 (15) Solns

Pricing: Set 2 (15)

Pricing: Set 2 (15) Solns

Pricing-App HO indication : pure premium method
WC indication: loss ratio method 		Pricing: Set 1 (App)

Pricing: Set 1 (App) Solns

Pricing: Set 2 (App)

Pricing: Set 2 (App) Solns


Step 4: More Practice

Excel Problems Excel Solutions Examiner's Report
2019.Fall Exam 5 n/a 2019.Fall Examiner's Report
2019.Spring Exam 5 n/a 2019.Fall Examiner's Report
2018.Fall Exam 5 n/a 2018.Fall Examiner's Report
2018.Spring Exam 5 (Original) 2018.Spring Solutions (Original) n/a
2018.Spring Exam 5 (Makeup) 2018.Spring Solutions (Makeup) n/a

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!"

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