Difference between revisions of "BattleActs PowerPack"

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(Station 2: One-stop PDF)
(Station 2: One-stop PDFs)
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[https://www.battleacts5.ca/pdf/PowerPack_Station2_(Reserving).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).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_(Pricing).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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[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>]
  
 
=='''<span style="color:red;">Station 3: </span>'''Infinite and Interactive==
 
=='''<span style="color:red;">Station 3: </span>'''Infinite and Interactive==

Revision as of 13:45, 6 August 2021

Breaking News: The BattleActs PowerPack is online!

Super-charge your learning with our 4 Power Stations:

  • Past exams: Quick and easy access at your fingertips
  • One-stop PDF of core problems and solutions.
  • Infinite and Interactive: Generate infinite versions of a problem with our web-based platform and crush it in Excel.
  • Power Core: Practice multiple versions of core excel problems in a CBT-like environment.

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.

Station 1: Power through Past Exams

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!"

Station 2: One-stop PDFs

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.

Exam 5 One-stop PDF → RESERVING

Exam 5 One-stop PDF → PRICING

Station 3: Infinite and Interactive

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 — we generate infinitely many versions of a problem so you focus on the steps involved.

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:

Station 4: Power Core

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