The aim of General Insurance Advanced (SA3) is to instil in successful candidates the ability to apply knowledge of the general insurance environment (in the United Kingdom and other jurisdictions) and the principles of actuarial practice to the management of general insurance business in complex situations.
PAPER PATTERN |
General Insurance Specialist Advanced(SA3)IFoA
General Insurance Specialist Advanced(SA3)IAI
|
Theoretical exam – (MS – WORD)
Theoretical exam – (MS – WORD)
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3 hours 20 minutes
3 hours 15 minutes
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Topics and topic weightings
1. General insurance markets, catastrophe modelling and emerging risks [35%]
2. Regulatory, legislative and taxation environment [10%]
3. Reserving, pricing, capital modelling and reinsurance [30%]
4. Financial management, monitoring and strategies [25%]
IAI: 50%
*Fixed rate
IFoA: 56% -65%
*It’s not fixed, cut off rates are announced in each term