BattleBriefings
Contents
Introduction
There are 2 main topics in Exam 5: Reserving and Pricing. You can start with either topic but you must do the chapters in order because later chapters depend on material from earlier chapters.
- The Ranking Table - Ordered by Chapter shows reserving articles/chapters on the left side and pricing articles/chapters on the right side. This table also shows the relative importance of each topic according to how frequently it appears on the exam, and a suggested amount of study time.
- The Ranking Table - Ordered by Rank shows where each individual topic ranks relative all topics. This intended to help you decide where to focus your time. You must learn the frequently asked topics very well.
A good place to begin is with the wiki article for Friedland01.Overview. This is the first chapter on reserving from the Friedland text.
As you become more familiar with using the BattleActs system, take some time to explore the other features on the BattleActs Main Page. There's a lot there so you don't have do it all right at the beginning. An especially useful link is Direct Link to Web-Based Practice Problems. It provides unlimited practice for calculation problems.
Ranking Table - Ordered by Chapter
Syllabus readings for main chapters in Friedland (chapters 1-17) and Werner (chapters 1-16). (Rank is based on pts-per-exam over recent exams.)
Completion dates for pricing chapters are a rough guide only and are subject to change.
Rank Reserving: Friedland Study Time Rank Pricing: Werner Study Time Rarely Asked Friedland01.Overview 30 minutes Rarely Asked Werner01.Intro Complete 1 hr Rarely Asked Friedland02.ClmsProcess ½ day -- not on syllabus - Werner02.Manuals -- Bottom 20% Friedland03.Data ½ day Core Content Werner03.Data Complete ½ day Rarely Asked Friedland04.Meetings 15 minutes Core Content Werner04.Exposures Complete 2 days Bottom 20% Friedland05.Triangles 2 days Top 5! Werner05.Premium Complete 1 week Bottom 20% Friedland06.Diagnostics 2 days Top 5! Werner06.LossLAE Complete 1 week Top 5! Friedland07.Development 2-5 days Core Content Werner07.OtherExpenses 50% Complete TBA Bottom 20% Friedland08.ExpectedClms 3 days Top 5! Oct 26, 2020 - Werner08.Indication TBA Core Content Friedland09.BornFerg 3 days Top 5! Fall - Werner09.RiskClass TBA Top 5! Friedland10.CapeCod 3 days Bottom 20% Fall - Werner10.Multivariate TBA Top 5! Friedland11.FreqSev 1 week Top 5! Fall - Werner11.SpecialClass TBA Core Content Friedland12.CaseOS 1 week Bottom 20% Fall - Werner12.Credibility TBA Top 5! Friedland13.BerqSherm 1 week Bottom 20% Fall - Werner13.Other TBA Core Content Friedland14.Recoveries 2-3 days Core Content Fall - Werner14.Implementation TBA Top 5! Friedland15.Evaluation 1 week Bottom 20% Fall - Werner15.Commercial TBA Core Content Friedland16.ALAE 2-3 days Bottom 20% Fall - Werner16.ClaimsMade TBA Core Content Friedland17.ULAE 2-3 days -- -- --
Other syllabus readings: SOPs, ASOPs, appendices from Werner
Rank Reserving: Other readings Study Time Rank Pricing: Other readings Study Time Rarely Asked SOP.UnpaidClms 30 minutes Rarely Asked SOP.Ratemaking Complete 30 minutes Bottom 20% ASOP12.RiskClass 1 hr Rarely Asked Fall - WernerA.Auto TBA Rarely Asked ASOP13.Trend 30 minutes Rarely Asked Fall - WernerB.Home TBA Rarely Asked ASOP43.UnpaidClmEst 30 minutes Core Content Fall - WernerC.MedMal TBA -- -- -- Rarely Asked Fall - WernerD.WC TBA -- -- -- Bottom 20% Fall - WernerE.Univariate TBA -- -- -- Bottom 20% Fall - WernerF.Multivariate TBA
Ranking Table - Ordered by Rank
This is a rank-order listing of all readings on the Exam 5 syllabus. You can see that the top 20 chapters/reading account for 80% of the points on a typical exam. For the most part you still have to cover the chapters in numerical order but this table gives you a sense for how much time and effort you should devote to individual topics. If you use this information wisely you can save time while still maximizing your chances of passing the exam.
- Friedland chapters are shown with a light blue background.
- Werner chapters are shown with a white backgroud.
- Other pricing and reserving readings are shown with a grey background.
