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===Introduction===
+
__NOTOC__
 +
===<span style="color: red;">Exam 5 Study Material Can Be Accessed In The Ranking Table Below</span>===
  
Exam 5 consists primarily of 2 source texts covering Reserving ''(Estimating Unpaid Claims)'', and Pricing:
+
===About Our Chapter Ranking Table===
  
* Estimating Unpaid Claims Using Basic Techniques, Friedland, J.F., , Casualty Actuarial Society, Third Version, July 2010.
+
The Ranking Table was originally based on an analysis of points-per-reading from past exams. This is no longer possible because exams have not been published since 2019-Fall. The Ranking Table is now based roughly on these previous exams and on the weights given in the syllabus, although that information is much less specific than what could be gleaned from past exams. It should still be helpful however in guiding your studying and directing your attention to the topics most likely to be tested. '''''(Percentages given below are approximates.)'''''
* BASIC RATEMAKING, Fifth Edition, May 2016, Geoff Werner, FCAS, MAAA & Claudine Modlin, FCAS, MAAA
+
 
 +
* "Top 5" chapters are the most heavily tested. "Top 5" and "Core Content" chapters together account for about <u>80</u>% of the points on the exam.  
 +
* "Bottom 20%" and "Rarely Tested" chapters together account for about <u>20</u>% of the points on the exam. "Rarely Tested" chapters appear rarely ''(or never)'' on the exam.
  
There are also several much shorter readings including:
+
===How to Use the Chapter Ranking Table===
  
* SOPs ''(Statements of Principle)''
+
* Click on the <u>links</u> in the table below to go to specific chapters. You can start with either Reserving or Pricing but you should do the chapters in order because later chapters depend on material from earlier chapters.
* ASOPs ''(Actuarial Standards of Practice)''
+
* Use the Ranking Table to organize the readings, set up a study schedule and determine how much time to spend on each article. Not all topics are tested equally, so they don’t deserve equal amounts of your attention.
* appendices from Werner & Modlin
+
* Here's another way to use the table to your advantage. If you have more time to study, read a higher ranked article that requires more concentration. Tired after a long day at work? Get a lower ranked article out of the way.
  
The '''Rank''' in the tables below indicates how frequently each topic has been asked on prior exams.
+
===Instructor Support===
  
* "Top 5" chapters are the most heavily tested.
+
* You can access instructor support in the forum here ''[https://www.battleactsmain.ca/battleacts5.ca/forum5/index.php?p=/ Forum]''
* "Core Content" chapters are also heavily tested although less so than the Top 5. The Top 5 and Core Content chapters account for about 80% of the points on the exam.
+
* NOTE: Forum questions are answered according to ''[[Forum Response Times]].''
* "Bottom 20%" chapters together for about 20% of the points on the exam.
 
* "Rarely Tested" chapters have appeared either rarely ''(or never)'' on the exam.
 
  
You can start with either Reserving or Pricing but you should do the chapters in order because later chapters depend on material from earlier chapters. When you want a change of pace, pick up one of the shorter readings for a break. Make sure you know all of the Top 5 and Core Content material really well.
+
===Chapter Ranking Table===
 
 
===Ranking Table===
 
  
 
:{| class="wikitable"
 
:{| class="wikitable"
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| style='text-align: center;' | 30 minutes
 
| style='text-align: center;' | 30 minutes
 
| style='column-width: 100px; border-left: 5px solid; text-align: center;' | <span style="color: white; font-size: 12px; background-color: red; border: solid; border-width: 1px; border-radius: 10px; border-color: red; padding: 2px 5px 2px 5px; margin: 0px;">'''Rarely Asked'''</span>
 
| style='column-width: 100px; border-left: 5px solid; text-align: center;' | <span style="color: white; font-size: 12px; background-color: red; border: solid; border-width: 1px; border-radius: 10px; border-color: red; padding: 2px 5px 2px 5px; margin: 0px;">'''Rarely Asked'''</span>
| <span style="color: white; font-size: 12px; background-color: green; border: solid; border-width: 2px; border-radius: 10px; border-width: 3px; border-color: darkgreen; padding: 2px 5px 2px 5px; margin-top: 100px;">Complete</span> [[Werner01.Intro]]  
+
| [[Werner01.Intro]]  
 
| style='text-align: center;' | 1 hr
 
| style='text-align: center;' | 1 hr
  
Line 53: Line 52:
 
| style='text-align: center;' | &frac12; day
 
| style='text-align: center;' | &frac12; day
 
| style='column-width: 100px; border-left: 5px solid; text-align: center;' | <span style="color: white; font-size: 12px; background-color: steelblue; border: solid; border-width: 1px; border-radius: 10px; border-color: steelblue; padding: 2px 5px 2px 5px; margin: 0px;">'''Core Content'''</span>
 
| style='column-width: 100px; border-left: 5px solid; text-align: center;' | <span style="color: white; font-size: 12px; background-color: steelblue; border: solid; border-width: 1px; border-radius: 10px; border-color: steelblue; padding: 2px 5px 2px 5px; margin: 0px;">'''Core Content'''</span>
| <span style="color: white; font-size: 12px; background-color: green; border: solid; border-width: 2px; border-radius: 10px; border-width: 3px; border-color: darkgreen; padding: 2px 5px 2px 5px; margin-top: 100px;">Complete</span> [[Werner03.Data]]
+
| [[Werner03.Data]]
 
| style='text-align: center;' | &frac12; day
 
| style='text-align: center;' | &frac12; day
  
Line 61: Line 60:
 
| style='text-align: center;' | 15 minutes
 
| style='text-align: center;' | 15 minutes
 
| style='column-width: 100px; border-left: 5px solid; text-align: center;' | <span style="color: white; font-size: 12px; background-color: steelblue; border: solid; border-width: 1px; border-radius: 10px; border-color: steelblue; padding: 2px 5px 2px 5px; margin: 0px;">'''Core Content'''</span>
 
| style='column-width: 100px; border-left: 5px solid; text-align: center;' | <span style="color: white; font-size: 12px; background-color: steelblue; border: solid; border-width: 1px; border-radius: 10px; border-color: steelblue; padding: 2px 5px 2px 5px; margin: 0px;">'''Core Content'''</span>
| <span style="color: white; font-size: 12px; background-color: green; border: solid; border-width: 2px; border-radius: 10px; border-width: 3px; border-color: darkgreen; padding: 2px 5px 2px 5px; margin-top: 100px;">Complete</span> [[Werner04.Exposures]]
+
| [[Werner04.Exposures]]
 
| style='text-align: center;' | 2 days
 
| style='text-align: center;' | 2 days
  
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| style='text-align: center;' | 2 days
 
| style='text-align: center;' | 2 days
 
| style='column-width: 100px; border-left: 5px solid; text-align: center;' | <span style="color: white; font-size: 12px; background-color: green; border: solid; border-width: 1px; border-radius: 10px; border-color: green; padding: 2px 5px 2px 5px; margin: 0px;">'''Top 5!'''</span>
 
| style='column-width: 100px; border-left: 5px solid; text-align: center;' | <span style="color: white; font-size: 12px; background-color: green; border: solid; border-width: 1px; border-radius: 10px; border-color: green; padding: 2px 5px 2px 5px; margin: 0px;">'''Top 5!'''</span>
| <span style="color: white; font-size: 12px; background-color: green; border: solid; border-width: 2px; border-radius: 10px; border-width: 3px; border-color: darkgreen; padding: 2px 5px 2px 5px; margin-top: 100px;">Complete</span> [[Werner05.Premium]]
+
| [[Werner05.Premium]]
| style='text-align: center;' | 1 week
+
| style='text-align: center;' | <span style="color: green;">'''1 week'''</span>
  
 
|-
 
|-
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| style='border-bottom: 2px solid; text-align: center;' | 2 days  
 
| style='border-bottom: 2px solid; text-align: center;' | 2 days  
 
| style='column-width: 100px; border-left: 5px solid; text-align: center;' | <span style="color: white; font-size: 12px; background-color: green; border: solid; border-width: 1px; border-radius: 10px; border-color: green; padding: 2px 5px 2px 5px; margin: 0px;">'''Top 5!'''</span>
 
| style='column-width: 100px; border-left: 5px solid; text-align: center;' | <span style="color: white; font-size: 12px; background-color: green; border: solid; border-width: 1px; border-radius: 10px; border-color: green; padding: 2px 5px 2px 5px; margin: 0px;">'''Top 5!'''</span>
| <span style="color: white; font-size: 12px; background-color: green; border: solid; border-width: 2px; border-radius: 10px; border-width: 3px; border-color: darkgreen; padding: 2px 5px 2px 5px; margin-top: 100px;">Complete</span> [[Werner06.LossLAE]]
+
| [[Werner06.LossLAE]]
| style='text-align: center;' | 1 week
+
| style='text-align: center;' | <span style="color: green;">'''1 week'''</span>
  
 
|-
 
|-
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| style='text-align: center;' | 2-5 days  
 
| style='text-align: center;' | 2-5 days  
 
| style='column-width: 100px; border-left: 5px solid; text-align: center;' | <span style="color: white; font-size: 12px; background-color: steelblue; border: solid; border-width: 1px; border-radius: 10px; border-color: steelblue; padding: 2px 5px 2px 5px; margin: 0px;">'''Core Content'''</span>
 
| style='column-width: 100px; border-left: 5px solid; text-align: center;' | <span style="color: white; font-size: 12px; background-color: steelblue; border: solid; border-width: 1px; border-radius: 10px; border-color: steelblue; padding: 2px 5px 2px 5px; margin: 0px;">'''Core Content'''</span>
| <span style="color: white; font-size: 12px; background-color: green; border: solid; border-width: 2px; border-radius: 10px; border-width: 3px; border-color: darkgreen; padding: 2px 5px 2px 5px; margin-top: 100px;">Complete</span> [[Werner07.OtherExpenses]]
+
| [[Werner07.OtherExpenses]]
 
| style='text-align: center;' | 3 days
 
| style='text-align: center;' | 3 days
  
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| style='text-align: center;' | 3 days
 
| style='text-align: center;' | 3 days
 
| style='column-width: 100px; border-left: 5px solid; border-bottom: 2px solid; text-align: center;' | <span style="color: white; font-size: 12px; background-color: green; border: solid; border-width: 1px; border-radius: 10px; border-color: green; padding: 2px 5px 2px 5px; margin: 0px;">'''Top 5!'''</span>
 
| style='column-width: 100px; border-left: 5px solid; border-bottom: 2px solid; text-align: center;' | <span style="color: white; font-size: 12px; background-color: green; border: solid; border-width: 1px; border-radius: 10px; border-color: green; padding: 2px 5px 2px 5px; margin: 0px;">'''Top 5!'''</span>
| style='border-bottom: 2px solid;' | <span style="color: white; font-size: 12px; background-color: green; border: solid; border-width: 2px; border-radius: 10px; border-width: 3px; border-color: darkgreen; padding: 2px 5px 2px 5px; margin-top: 100px;">Complete</span> [[Werner08.Indication]]
+
| style="border-bottom: 2px solid;" | [[Werner08.Indication]]
 
| style='border-bottom: 2px solid; text-align: center;' | 3 days
 
| style='border-bottom: 2px solid; text-align: center;' | 3 days
  
Line 101: Line 100:
 
| style='text-align: center;' | 3 days
 
| style='text-align: center;' | 3 days
 
| style='column-width: 100px; border-left: 5px solid; text-align: center;' | <span style="color: white; font-size: 12px; background-color: green; border: solid; border-width: 1px; border-radius: 10px; border-color: green; padding: 2px 5px 2px 5px; margin: 0px;">'''Top 5!'''</span>
 
| style='column-width: 100px; border-left: 5px solid; text-align: center;' | <span style="color: white; font-size: 12px; background-color: green; border: solid; border-width: 1px; border-radius: 10px; border-color: green; padding: 2px 5px 2px 5px; margin: 0px;">'''Top 5!'''</span>
| <span style="color: white; font-size: 12px; background-color: green; border: solid; border-width: 2px; border-radius: 10px; border-width: 3px; border-color: darkgreen; padding: 2px 5px 2px 5px; margin-top: 100px;">Complete</span> [[Werner09.RiskClass]]  
+
| [[Werner09.RiskClass]]  
 
| style='text-align: center;' | 3 days
 
| style='text-align: center;' | 3 days
  
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| style='text-align: center;' | 3 days
 
| style='text-align: center;' | 3 days
 
| style='column-width: 100px; border-left: 5px solid; text-align: center;' | <span style="color: black; font-size: 12px; background-color: yellow; border: solid; border-width: 1px; border-radius: 10px; border-color: yellow; padding: 2px 5px 2px 5px; margin: 0px;">'''Bottom 20%'''</span>
 
| style='column-width: 100px; border-left: 5px solid; text-align: center;' | <span style="color: black; font-size: 12px; background-color: yellow; border: solid; border-width: 1px; border-radius: 10px; border-color: yellow; padding: 2px 5px 2px 5px; margin: 0px;">'''Bottom 20%'''</span>
| '''''Fall''''' - [[Werner10.Multivariate]]
+
| [[Werner10.Multivariate]]
| style='text-align: center;' | TBA
+
| style='text-align: center;' | 1 day
  
 
|-
 
|-
 
| style='text-align: center;" | <span style="color: white; font-size: 12px; background-color: green; border: solid; border-width: 1px; border-radius: 10px; border-color: green; padding: 2px 5px 2px 5px; margin: 0px;">'''Top 5!'''</span>
 
| style='text-align: center;" | <span style="color: white; font-size: 12px; background-color: green; border: solid; border-width: 1px; border-radius: 10px; border-color: green; padding: 2px 5px 2px 5px; margin: 0px;">'''Top 5!'''</span>
 
| [[Friedland11.FreqSev]]
 
| [[Friedland11.FreqSev]]
| style='text-align: center;' | 1 week
+
| style='text-align: center;' | <span style="color: green;">'''1 week'''</span>
 
| style='column-width: 100px; border-left: 5px solid; text-align: center;' | <span style="color: white; font-size: 12px; background-color: green; border: solid; border-width: 1px; border-radius: 10px; border-color: green; padding: 2px 5px 2px 5px; margin: 0px;">'''Top 5!'''</span>
 
| style='column-width: 100px; border-left: 5px solid; text-align: center;' | <span style="color: white; font-size: 12px; background-color: green; border: solid; border-width: 1px; border-radius: 10px; border-color: green; padding: 2px 5px 2px 5px; margin: 0px;">'''Top 5!'''</span>
| <span style="color: white; font-size: 12px; background-color: green; border: solid; border-width: 2px; border-radius: 10px; border-width: 3px; border-color: darkgreen; padding: 2px 5px 2px 5px; margin-top: 100px;">Complete</span> [[Werner11.SpecialClass]]  
+
| [[Werner11.SpecialClass]]  
| style='text-align: center;' | TBA
+
| style='text-align: center;' | <span style="color: green;">'''1 week'''</span>
  
 
|-
 
|-
 
| style='text-align: center;" | <span style="color: white; font-size: 12px; background-color: steelblue; border: solid; border-width: 1px; border-radius: 10px; border-color: steelblue; padding: 2px 5px 2px 5px; margin: 0px;">'''Core Content'''</span>
 
| style='text-align: center;" | <span style="color: white; font-size: 12px; background-color: steelblue; border: solid; border-width: 1px; border-radius: 10px; border-color: steelblue; padding: 2px 5px 2px 5px; margin: 0px;">'''Core Content'''</span>
 
| [[Friedland12.CaseOS]]
 
| [[Friedland12.CaseOS]]
| style='text-align: center;' | 1 week
+
| style='text-align: center;' | <span style="color: green;">'''1 week'''</span>
 
| style='column-width: 100px; border-left: 5px solid; text-align: center;' | <span style="color: black; font-size: 12px; background-color: yellow; border: solid; border-width: 1px; border-radius: 10px; border-color: yellow; padding: 2px 5px 2px 5px; margin: 0px;">'''Bottom 20%'''</span>
 
| style='column-width: 100px; border-left: 5px solid; text-align: center;' | <span style="color: black; font-size: 12px; background-color: yellow; border: solid; border-width: 1px; border-radius: 10px; border-color: yellow; padding: 2px 5px 2px 5px; margin: 0px;">'''Bottom 20%'''</span>
| '''''Fall''''' - [[Werner12.Credibility]]
+
| [[Werner12.Credibility]]
| style='text-align: center;' | TBA
+
| style='text-align: center;' | 3 days
  
 
|-
 
|-
 
| style='text-align: center;" | <span style="color: white; font-size: 12px; background-color: green; border: solid; border-width: 1px; border-radius: 10px; border-color: green; padding: 2px 5px 2px 5px; margin: 0px;">'''Top 5!'''</span>
 
| style='text-align: center;" | <span style="color: white; font-size: 12px; background-color: green; border: solid; border-width: 1px; border-radius: 10px; border-color: green; padding: 2px 5px 2px 5px; margin: 0px;">'''Top 5!'''</span>
 
| [[Friedland13.BerqSherm]]  
 
| [[Friedland13.BerqSherm]]  
| style='text-align: center;' | 1 week
+
| style='text-align: center;' | <span style="color: green;">'''1 week'''</span>
 
| style='column-width: 100px; border-left: 5px solid; text-align: center;' | <span style="color: black; font-size: 12px; background-color: yellow; border: solid; border-width: 1px; border-radius: 10px; border-color: yellow; padding: 2px 5px 2px 5px; margin: 0px;">'''Bottom 20%'''</span>
 
| style='column-width: 100px; border-left: 5px solid; text-align: center;' | <span style="color: black; font-size: 12px; background-color: yellow; border: solid; border-width: 1px; border-radius: 10px; border-color: yellow; padding: 2px 5px 2px 5px; margin: 0px;">'''Bottom 20%'''</span>
| '''''Fall''''' - [[Werner13.Other]]
+
| [[Werner13.Other]]
| style='text-align: center;' | TBA
+
| style='text-align: center;' | 1 day
  
 
|-
 
|-
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| [[Friedland14.Recoveries]]  
 
| [[Friedland14.Recoveries]]  
 
| style='text-align: center;' | 2-3 days
 
| style='text-align: center;' | 2-3 days
| style='column-width: 100px; border-left: 5px solid; text-align: center;' | <span style="color: white; font-size: 12px; background-color: steelblue; border: solid; border-width: 1px; border-radius: 10px; border-color: steelblue; padding: 2px 5px 2px 5px; margin: 0px;">'''Core Content'''</span>
+
| style='column-width: 100px; border-left: 5px solid; border-bottom: 2px solid; text-align: center;' | <span style="color: white; font-size: 12px; background-color: steelblue; border: solid; border-width: 1px; border-radius: 10px; border-color: steelblue; padding: 2px 5px 2px 5px; margin: 0px;">'''Core Content'''</span>
| <span style="color: white; font-size: 12px; background-color: chocolate; border: solid; border-width: 2px; border-radius: 10px; border-width: 3px; border-color: darkgreen; padding: 2px 5px 2px 5px; margin-top: 100px;">65% Complete</span> [[Werner14.Implementation]]  
+
| style="border-bottom: 2px solid;" | [[Werner14.Implementation]]  
| style='text-align: center;' | TBA
+
| style='border-bottom: 2px solid; text-align: center;' | <span style="color: green;">'''1 week'''</span>
  
 
|-
 
|-
 
| style='text-align: center; border-bottom: 2px solid;" | <span style="color: white; font-size: 12px; background-color: green; border: solid; border-width: 1px; border-radius: 10px; border-color: green; padding: 2px 5px 2px 5px; margin: 0px;">'''Top 5!'''</span>
 
| style='text-align: center; border-bottom: 2px solid;" | <span style="color: white; font-size: 12px; background-color: green; border: solid; border-width: 1px; border-radius: 10px; border-color: green; padding: 2px 5px 2px 5px; margin: 0px;">'''Top 5!'''</span>
 
| style='border-bottom: 2px solid;' | [[Friedland15.Evaluation]]
 
| style='border-bottom: 2px solid;' | [[Friedland15.Evaluation]]
| style='border-bottom: 2px solid; text-align: center;' | 1 week
+
| style='border-bottom: 2px solid; text-align: center;' | <span style="color: green;">'''1 week'''</span>
 
| style='column-width: 100px; border-left: 5px solid; text-align: center;' | <span style="color: black; font-size: 12px; background-color: yellow; border: solid; border-width: 1px; border-radius: 10px; border-color: yellow; padding: 2px 5px 2px 5px; margin: 0px;">'''Bottom 20%'''</span>
 
| style='column-width: 100px; border-left: 5px solid; text-align: center;' | <span style="color: black; font-size: 12px; background-color: yellow; border: solid; border-width: 1px; border-radius: 10px; border-color: yellow; padding: 2px 5px 2px 5px; margin: 0px;">'''Bottom 20%'''</span>
| '''''Fall''''' - [[Werner15.Commercial]]
+
| [[Werner15.Commercial]]
| style='text-align: center;' | TBA
+
| style='text-align: center;' | 1-3 days
  
 
|-
 
|-
Line 157: Line 156:
 
| style='text-align: center;' | 2-3 days  
 
| style='text-align: center;' | 2-3 days  
 
| style='column-width: 100px; border-left: 5px solid; border-bottom: 2px solid; text-align: center;' | <span style="color: black; font-size: 12px; background-color: yellow; border: solid; border-width: 1px; border-radius: 10px; border-color: yellow; padding: 2px 5px 2px 5px; margin: 0px;">'''Bottom 20%'''</span>
 
| style='column-width: 100px; border-left: 5px solid; border-bottom: 2px solid; text-align: center;' | <span style="color: black; font-size: 12px; background-color: yellow; border: solid; border-width: 1px; border-radius: 10px; border-color: yellow; padding: 2px 5px 2px 5px; margin: 0px;">'''Bottom 20%'''</span>
| style='border-bottom: 2px solid;' |'''''Fall''''' - [[Werner16.ClaimsMade]]  
+
| style='border-bottom: 2px solid;' | [[Werner16.ClaimsMade]]  
| style='border-bottom: 2px solid; text-align: center;' | TBA
+
| style='border-bottom: 2px solid; text-align: center;' | &frac12; day
  
 
|-
 
|-
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|}
 
|}
  
Other syllabus readings: ''SOPs, ASOPs, appendices from Werner''
+
Other syllabus readings:
  
 
:{| class="wikitable"
 
:{| class="wikitable"
Line 182: Line 181:
  
 
|-
 
|-
| style='text-align: center;" | <span style="color: white; font-size: 12px; background-color: red; border: solid; border-width: 1px; border-radius: 10px; border-color: red; padding: 2px 5px 2px 5px; margin: 0px;">'''Rarely Asked'''</span>
+
| style='text-align: center; border-bottom: 2px solid;" | <span style="color: white; font-size: 12px; background-color: red; border: solid; border-width: 1px; border-radius: 10px; border-color: red; padding: 2px 5px 2px 5px; margin: 0px;">'''Rarely Asked'''</span>
| [[SOP.UnpaidClms]]
+
| style="border-bottom: 2px solid;" | <s>[[SOP.UnpaidClms]]</s> <span style="color: red;">&larr; removed from syllabus</span>
| style='text-align: center;' | 30 minutes
+
| style='text-align: center; border-bottom: 2px solid;' | 30 minutes
| style='column-width: 100px; border-left: 5px solid; text-align: center;' | <span style="color: white; font-size: 12px; background-color: red; border: solid; border-width: 1px; border-radius: 10px; border-color: red; padding: 2px 5px 2px 5px; margin: 0px;">'''Rarely Asked'''</span>
+
| style='column-width: 100px; border-left: 5px solid; border-bottom: 2px solid; text-align: center;' | <span style="color: white; font-size: 12px; background-color: red; border: solid; border-width: 1px; border-radius: 10px; border-color: red; padding: 2px 5px 2px 5px; margin: 0px;">'''Rarely Asked'''</span>
| <span style="color: white; font-size: 12px; background-color: green; border: solid; border-width: 2px; border-radius: 10px; border-width: 3px; border-color: darkgreen; padding: 2px 5px 2px 5px; margin-top: 100px;">Complete</span> [[SOP.Ratemaking]]
+
| style="border-bottom: 2px solid;" | [[SOP.Ratemaking]] <br> '''''(Includes multiple choice review questions)'''''
| style='text-align: center;' | 30 minutes
+
| style='text-align: center; border-bottom: 2px solid;' | 30 minutes
  
 
|-
 
|-
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| style='text-align: center;' | 1 hr
 
| style='text-align: center;' | 1 hr
 
| style='column-width: 100px; border-left: 5px solid; text-align: center;' | <span style="color: white; font-size: 12px; background-color: red; border: solid; border-width: 1px; border-radius: 10px; border-color: red; padding: 2px 5px 2px 5px; margin: 0px;">'''Rarely Asked'''</span>
 
| style='column-width: 100px; border-left: 5px solid; text-align: center;' | <span style="color: white; font-size: 12px; background-color: red; border: solid; border-width: 1px; border-radius: 10px; border-color: red; padding: 2px 5px 2px 5px; margin: 0px;">'''Rarely Asked'''</span>
| '''''Fall''''' - [[WernerA.Auto]]
+
| [[WernerA.Auto]]
| style='text-align: center;' | TBA
+
| style='text-align: center;' | < 1 day
  
 
|-
 
|-
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| style='text-align: center;' | 30 minutes
 
| style='text-align: center;' | 30 minutes
 
| style='column-width: 100px; border-left: 5px solid; text-align: center;' | <span style="color: white; font-size: 12px; background-color: red; border: solid; border-width: 1px; border-radius: 10px; border-color: red; padding: 2px 5px 2px 5px; margin: 0px;">'''Rarely Asked'''</span>
 
| style='column-width: 100px; border-left: 5px solid; text-align: center;' | <span style="color: white; font-size: 12px; background-color: red; border: solid; border-width: 1px; border-radius: 10px; border-color: red; padding: 2px 5px 2px 5px; margin: 0px;">'''Rarely Asked'''</span>
| '''''Fall''''' - [[WernerB.Home]]
+
| [[WernerB.Home]]
| style='text-align: center;' | TBA
+
| style='text-align: center;' | <span style="color: red;">'''2 days'''</span>
  
 
|-
 
|-
 
| style='text-align: center;" | <span style="color: white; font-size: 12px; background-color: red; border: solid; border-width: 1px; border-radius: 10px; border-color: red; padding: 2px 5px 2px 5px; margin: 0px;">'''Rarely Asked'''</span>
 
| style='text-align: center;" | <span style="color: white; font-size: 12px; background-color: red; border: solid; border-width: 1px; border-radius: 10px; border-color: red; padding: 2px 5px 2px 5px; margin: 0px;">'''Rarely Asked'''</span>
| [[ASOP43.UnpaidClmEst]]
+
| [[ASOP43.UnpaidClmEst]] <br> '''''(Includes multiple choice review questions)'''''
 
| style='text-align: center;' | 30 minutes
 
| style='text-align: center;' | 30 minutes
 
| style='column-width: 100px; border-left: 5px solid; text-align: center;' | <span style="color: white; font-size: 12px; background-color: red; border: solid; border-width: 1px; border-radius: 10px; border-color: red; padding: 2px 5px 2px 5px; margin: 0px;">'''Rarely Asked'''</span>
 
| style='column-width: 100px; border-left: 5px solid; text-align: center;' | <span style="color: white; font-size: 12px; background-color: red; border: solid; border-width: 1px; border-radius: 10px; border-color: red; padding: 2px 5px 2px 5px; margin: 0px;">'''Rarely Asked'''</span>
| '''''Fall''''' - [[WernerC.MedMal]]  
+
| [[WernerC.MedMal]]  
| style='text-align: center;' | TBA
+
| style='text-align: center;' | < 1 day
  
 
|-
 
|-
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| style='text-align: center; background-color: grey;" | --
 
| style='text-align: center; background-color: grey;" | --
 
| style='column-width: 100px; border-left: 5px solid; text-align: center;' | <span style="color: white; font-size: 12px; background-color: steelblue; border: solid; border-width: 1px; border-radius: 10px; border-color: steelblue; padding: 2px 5px 2px 5px; margin: 0px;">'''Core Content'''</span>
 
| style='column-width: 100px; border-left: 5px solid; text-align: center;' | <span style="color: white; font-size: 12px; background-color: steelblue; border: solid; border-width: 1px; border-radius: 10px; border-color: steelblue; padding: 2px 5px 2px 5px; margin: 0px;">'''Core Content'''</span>
| '''''Fall''''' - [[WernerD.WC]]
+
| [[WernerD.WC]]
| style='text-align: center;' | TBA
+
| style='text-align: center;' | <span style="color: red;">'''2 days'''</span>
  
 
|-
 
|-
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| style='text-align: center; background-color: grey;" | --
 
| style='text-align: center; background-color: grey;" | --
 
| style='column-width: 100px; border-left: 5px solid; text-align: center;' | <span style="color: black; font-size: 12px; background-color: yellow; border: solid; border-width: 1px; border-radius: 10px; border-color: yellow; padding: 2px 5px 2px 5px; margin: 0px;">'''Bottom 20%'''</span>
 
| style='column-width: 100px; border-left: 5px solid; text-align: center;' | <span style="color: black; font-size: 12px; background-color: yellow; border: solid; border-width: 1px; border-radius: 10px; border-color: yellow; padding: 2px 5px 2px 5px; margin: 0px;">'''Bottom 20%'''</span>
| '''''Fall''''' - [[WernerE.Univariate]]
+
| [[WernerE.Univariate]]
| style='text-align: center;' | TBA
+
| style='text-align: center;' | 30 minutes
  
 
|-
 
|-
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| style='text-align: center; background-color: grey;" | --
 
| style='text-align: center; background-color: grey;" | --
 
| style='column-width: 100px; border-left: 5px solid; text-align: center;' | <span style="color: black; font-size: 12px; background-color: yellow; border: solid; border-width: 1px; border-radius: 10px; border-color: yellow; padding: 2px 5px 2px 5px; margin: 0px;">'''Bottom 20%'''</span>
 
| style='column-width: 100px; border-left: 5px solid; text-align: center;' | <span style="color: black; font-size: 12px; background-color: yellow; border: solid; border-width: 1px; border-radius: 10px; border-color: yellow; padding: 2px 5px 2px 5px; margin: 0px;">'''Bottom 20%'''</span>
| '''''Fall''''' - [[WernerF.Multivariate]]
+
| [[WernerF.Multivariate]]
| style='text-align: center;' | TBA
+
| style='text-align: center;' | &frac12; day
  
 
|}
 
|}
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[[MediaWiki:Sidebar]] <br>
 
[[MediaWiki:Sidebar]] <br>
[[Excel Practice Problems]] <br>
 

Latest revision as of 20:17, 5 April 2024

Exam 5 Study Material Can Be Accessed In The Ranking Table Below

About Our Chapter Ranking Table

The Ranking Table was originally based on an analysis of points-per-reading from past exams. This is no longer possible because exams have not been published since 2019-Fall. The Ranking Table is now based roughly on these previous exams and on the weights given in the syllabus, although that information is much less specific than what could be gleaned from past exams. It should still be helpful however in guiding your studying and directing your attention to the topics most likely to be tested. (Percentages given below are approximates.)

  • "Top 5" chapters are the most heavily tested. "Top 5" and "Core Content" chapters together account for about 80% of the points on the exam.
  • "Bottom 20%" and "Rarely Tested" chapters together account for about 20% of the points on the exam. "Rarely Tested" chapters appear rarely (or never) on the exam.

How to Use the Chapter Ranking Table

  • Click on the links in the table below to go to specific chapters. You can start with either Reserving or Pricing but you should do the chapters in order because later chapters depend on material from earlier chapters.
  • Use the Ranking Table to organize the readings, set up a study schedule and determine how much time to spend on each article. Not all topics are tested equally, so they don’t deserve equal amounts of your attention.
  • Here's another way to use the table to your advantage. If you have more time to study, read a higher ranked article that requires more concentration. Tired after a long day at work? Get a lower ranked article out of the way.

Instructor Support

  • You can access instructor support in the forum here Forum
  • NOTE: Forum questions are answered according to Forum Response Times.

Chapter Ranking Table

Rank Reserving: Friedland Study Time Rank Pricing: Werner Study Time
Rarely Asked Friedland01.Overview 30 minutes Rarely Asked Werner01.Intro 1 hr
Rarely Asked Friedland02.ClmsProcess ½ day -- not on syllabus - Werner02.Manuals --
Bottom 20% Friedland03.Data ½ day Core Content Werner03.Data ½ day
Rarely Asked Friedland04.Meetings 15 minutes Core Content Werner04.Exposures 2 days
Bottom 20% Friedland05.Triangles 2 days Top 5! Werner05.Premium 1 week
Bottom 20% Friedland06.Diagnostics 2 days Top 5! Werner06.LossLAE 1 week
Top 5! Friedland07.Development 2-5 days Core Content Werner07.OtherExpenses 3 days
Bottom 20% Friedland08.ExpectedClms 3 days Top 5! Werner08.Indication 3 days
Core Content Friedland09.BornFerg 3 days Top 5! Werner09.RiskClass 3 days
Top 5! Friedland10.CapeCod 3 days Bottom 20% Werner10.Multivariate 1 day
Top 5! Friedland11.FreqSev 1 week Top 5! Werner11.SpecialClass 1 week
Core Content Friedland12.CaseOS 1 week Bottom 20% Werner12.Credibility 3 days
Top 5! Friedland13.BerqSherm 1 week Bottom 20% Werner13.Other 1 day
Core Content Friedland14.Recoveries 2-3 days Core Content Werner14.Implementation 1 week
Top 5! Friedland15.Evaluation 1 week Bottom 20% Werner15.Commercial 1-3 days
Core Content Friedland16.ALAE 2-3 days Bottom 20% Werner16.ClaimsMade ½ day
Core Content Friedland17.ULAE 2-3 days -- -- --

Other syllabus readings:

Rank Reserving: Other readings Study Time Rank Pricing: Other readings Study Time
Rarely Asked SOP.UnpaidClms ← removed from syllabus 30 minutes Rarely Asked SOP.Ratemaking
(Includes multiple choice review questions)
30 minutes
Bottom 20% ASOP12.RiskClass 1 hr Rarely Asked WernerA.Auto < 1 day
Rarely Asked ASOP13.Trend 30 minutes Rarely Asked WernerB.Home 2 days
Rarely Asked ASOP43.UnpaidClmEst
(Includes multiple choice review questions)
30 minutes Rarely Asked WernerC.MedMal < 1 day
-- -- -- Core Content WernerD.WC 2 days
-- -- -- Bottom 20% WernerE.Univariate 30 minutes
-- -- -- Bottom 20% WernerF.Multivariate ½ day

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