soa真题怎么拿_SOA真题November2004Course5
【shitiku.jxxyjl.com--北美精算师】
course 5morning session
application of basic actuarial principles
section a-written answer
course 5: fall 2004 - 2 - go on to next page
morning session
**beginning of examination**
course 5
morning session
1. (4 points)
(a) describe the coverage in a business overhead expense disability income policy.
(b) you are given the following information:
maximum monthly benefit 30,000
maximum multiple of monthly benefit 15
maximum benefit period 24 months
insured start of disability january 1, 2003
insured end of disability march 1, 2005
elimination period 90 days
calculate the payout to the insured for each of the scenarios:
scenario monthly overhead expense
i 36,000
ii 18,000
iii 22,500
show all work.
2. (6 points) with respect to group health care benefits:
(a) describe the various providers.
(b) describe the various buyers.
course 5: fall 2004 - 3 - go on to next page
morning session
3. (4 points)
(a) describe the actions a life insurance company can take to limit the effect of
policyholder misrepresentation.
(b) given the following information for a company that offers life insurance with
smoker and nonsmoker rates:
actual smokers 30% of insured
smokers premium rate 5 per 1,000
non-smoker premium rate 3 per 1,000
expenses none
calculate the amount of profit lost per 1,000 if 10% of smokers lied about
smoking and were issued as non-smokers.
show all work.
course 5: fall 2004 - 4 - go on to next page
morning session
4. (6 points) for a defined benefit pension plan, you are given the following information:
plan formula: 1% × 3-year final average earnings × years of service from hire
plan participants as of january 1, 2005:
participant
attained
age
prior
year
earnings
service
to date
probability of
surviving in
service to age 65
temporary
employment-based life
annuity of 1 per year
x 40 35,000 0 0.5040 11.8338
y 50 50,000 10 0.6547 9.1844
actuarial assumptions:
(12)
a65 9.4131
interest rate 7%
assumed future annual salary increases 5%
pay increases beginning of the year
actuarial cost method entry age normal
normal retirement age 65
benefits payable for termination prior to
normal retirement age
none
calculate the plan’s normal cost and accrued liability as of january 1, 2005.
show all work.
5. (3 points) for variable annuities:
(a) describe common death benefit options.
(b) describe the effect of a decline in account value due to investment performance
for each death benefit option.
course 5: fall 2004 - 5 - go on to next page
morning session
6. (7 points) describe the steps an insurance company takes to develop an individual life
insurance product.
7. (5 points) for a current medical plan and a proposed change to that plan, you are given
the following:
deductible coinsurance out-of-pocket maximum
(excluding deductible)
lifetime
maximum
current plan 100 80% 1,000 none
proposed plan 200 75% 1,400 none
manual cumulative probability distribution
range of claims frequency
average
annual
claims
annual
cost
accumulated
frequency
accumulated
annual cost
0 0.25 0 0.00 1.00 3,500
0.01–50.00 0.05 40 2.00 0.75 3,500
50.01-150.00 0.10 100 10.00 0.70 3,498
150.01-250.00 0.20 210 42.00 0.60 3,488
…… …… …… …… …… ……
4,000.01-5,000.00 0.03 4,500 135.00 0.12 2,500
5,000.01-6,000.00 0.02 5,400 108.00 0.09 2,387
assuming no change in utilization, calculate the percentage change on net medical claims
for the proposed plan change.
show all work.
本文来源:https://shitiku.jxxyjl.com/beimeijingsuanshi/10421.html
相关试题
- course_Course6(FinanceandInvestments)StudyNote-Spring2006
- [soa北美精算师官网]北美精算师考试指导:SOA认可要求
- 【中国精算师资格考试】有关北美精算师资格考试考生报名资格等问题的回答
- 【soa真题怎么拿】SOA真题November2003Course8RC
- [soa真题怎么拿]SOA真题November2004Course8M
- [course]Course8PublishedReferences
- [soa真题怎么拿]SOA真题Course8RU
- [中国精算师资格考试]北美精算师资格考试相关介绍
- 中国精算师和北美精算师考试难度|精算师:北美精算师考试
- soa真题怎么拿|SOA真题November2003Course8RU
-
中国精算师考试内容|北美精算师考试内容构成详细阅读
在2000年,北美精算师协会将改变现有的考试体系,其中准精算师资格将由15门课程合并为6门课程(course),精算师的资格将加入另外两门课程和职业发展课程,现简单介绍如下:(1)准精算师(asa)阶段 课程1:精算科学的数学基础 (mathematical foundations of...
- 详细阅读
- 详细阅读
-
[北美精算师含金量]2001年5月北美精算师资格考试参考资料--课程4详细阅读
2001年5月北美精算师资格考试参考资料--课程4 texts 1 econometric models and economic forecasts ( fourth edition ), 1998, by pindyck, r s and rubinfeld, d l , chapters...
- 详细阅读
-
【soa真题怎么拿】SOA真题November2003Course8F详细阅读
course 8: fall 2003 1 go to next pagefinancemorning session**beginning of examination**financemorning sessionquestions 1-5 pertain to the case study e...
- 详细阅读
-
soa真题怎么拿|SOA真题November2001Course8V详细阅读
course 8: investment - 1 - go on to next pagenovember 2000morning sessionnovember 2000course 8vsociety of actuariescourse 8: investment - 2 - go on to...
- 详细阅读
-
exam词性|ExamC(ConstructionandEvaluationofActuarialModels)StudyNote-Fall2006详细阅读
exam c construction and evaluation of actuarial modelsthe examination for this material consists of four hours of multiple-choice questions and is i...