北美精算师大纲

基本教育阶段(6门课程)：
课程1：精算科学的数学基础
说明：这门课程的目的是为了培养关于一些基础数学工具的知识，形成从数量角度评估风险的能力，特别是应用这些工具来解决精算科学中的问题。

并且假设学员在学习这门课程之前已经熟练掌握了微积分、概率论的有关内容及风险管理的基本知识。

主要内容及概念：微积分、概率论、风险管理（包括损失频率、损失金额、自留额、免赔额、共同保险和风险保费）
课程2：利息理论、经济学和金融学
说明：这门课程包括利息理论，中级微观经济学和宏观经济学，金融学基础。

在学习这门课程之前要求具有微积分和概率论的基础知识。

主要内容及概念：利息理论，微观经济学，宏观经济学，金融学基础
课程3：随机事件的精算模型
说明：通过这门课程的学习，培养学员关于随机事件的精算模型的基础知识及这些模型在保险和金融风险中的应用。

在学习这门课程之前要求熟练掌握微积分、概率论和数理统计的相关内容。

建议学员在通过课程1和课程2后学习这门课程。

主要内容及概念：保险和其它金融随机事件，生存模型，人口数据分析，定量分析随机事件的金
融影响
课程4：精算建模方法
说明：该课程初步介绍了建立模型的基础知识和用于建模的重要的精算和统计方法。

在学习这门课程之前要求熟练掌握微积分、线性代数、概率论和数理统计的相关内容。

主要内容及概念：
模型－模型的定义
－为何及如何使用模型
－模型的利弊
－确定性的和随机性的模型
－模型选择
－输入和输出分析
－敏感性检验
－研究结果的检验和反馈
方法－回归分析
－预测
－风险理论
－信度理论
课程5－精算原理应用
说明：这门课程提供了产品设计，风险分类，定价/费率拟定/建立保险基金，营销，分配，管理和估价的学习。

覆盖的范围包括金融
保障计划,职工福利计划，事故抚恤计划，政府社会保险和养老计划及一些新兴的应用领域如产品责任，担保的评估，环境的维护成本和制造业的应用。

该课程的学习材料综合了各种计划和覆盖范围以展示精算原理在各研究领域中应用的一致性和差异性。

为了鼓励这种学习方法，该课程在研究各精算课题，如定价等时考虑该课题在各领域中的应用而不是相反。

主要内容及概念：计划和产品设计，风险分类原理和技术，精算原理和实务在定价、费率拟定、建立保险基金及传统和新兴的应用领域中的应用，营销、分配和管理，负债和保险基金评估的精算技术课程6－投资和资产管理
说明：该课程是用于投资和资产负债管理领域的精算原理的拓展。

学员在完成该课程的学习后，将会对资本市场、投资工具、衍生证券及应用、投资组合管理和资产－负债管理有深入的了解。

主要内容及概念：资本市场和基本投资原理，投资工具，衍生证券，投资组合管理的原理，资产－负债管理
财产和意外险精算师学会(CAS)考试制度介绍
从2005年春季开始考试体系变更如下：
第一阶段是准精算师(ACAS)，要求通过以下七大部分课程：
EXAM 1：概率论（包含微积分）3小时(联合考
试, =SOA EXAM P)
EXAM 2：金融数学（利息理论）2小时(联合考
试, =SOA EXAM MF)
EXAM 3：统计和精算模型4小时(CAS单独命题)
EXAM 4：精算建模（拟合模型和信度）4小时(联合考
试, =SOA EXAM C)
EXAM 5：非寿险原理和费率厘订4小时
EXAM 6：准备金、保险会计准则和再保险4小时
EXAM 7：年度报表、税收和法规4小时(分美国和加拿大体系)
第二阶段是精算师(FCAS)，要求通过以下两大部分课程：
EXAM 8：投资和金融分析4小时
EXAM 9：高级费率厘订、收益率和个体风险费率厘订计划4小时
CAS考试的EXAM 1采用计算机联网考试（CBT），CAS考试的EXAM 2-4采取单项选择
（multiple choice）形式出卷，EXAM 5-9采取单项选择+问答题（multiple choice +
essay）形式出卷。

考生通过EXAM 1-7、三门VEE以及
CAS Course on Professionalism后
可获得ACAS资格证书；完成全部九门课程、三门VEE以及
CAS Course on
Professionalism后，方可获得FCAS资格证书。

CAS每年春季、夏季和秋季举办三次考试，每门成绩采取10分制。

6-10分表示已通过该门
课程的考试，0-5分表示未通过。

考生在考试后2个月左右将收到成绩报告单，通过考试
者成绩一律标注为PASS；未通过者则被告知具体分数，分数越高表示距通过分数线越
近。

每年通过分数线均不相同，由负责每门课程的委员收集历年试题的难易程度系数确
定该门课程的初步通过分数线，上报专职副会长审定批准。

CAS考试资料分为Web Note和Study Kit。

其中Web Note是多篇相互独立的文章，可以从
CAS网站上下载；而Study Kit则通常是教材章节或者指定资料，必须向协会订购。

Study Manual 是CAS的复习资料，针对Web Note和Study Kit 的内容进行总结归纳，不由协会提供。

Study Notes:
SNs for Course 1-4 are available on our Web site ().
Code Title
1-05-01 Course 1 Introductory Study Note
1-09-00 Sample Examination #1
1-10-00 May 2000 Course/Exam 1
1-12-00 November 2000 Course/Exam 1
1-21-00 Risk and Insurance
1-22-00 Chapter 4.10 and 12 from Risk Management and Insurance by C.A.Williams, Jr., and M.L., Smith, 1998, Mcgram-Hill, (background rea ding)
Texts
1、 Principles of Corporate Finance (Sixth Edition), 2000, by Brealey,R.
A. and Myers, S.C., Chapter 1,4-21, and 28
2、 Price Theory and Application (Fourth Edition), 1999, by Landsburg,S .E., Chapters 1-5,7-8,9(9.3 only), 10-11, and 14
3、 Theory of Interest (Second Edition), 1991, by Kellison, S.G.,Chapters 1-3 (exclude 3.6 3.7, 3.10 ), 4-5 (exclude 5.7-5.9), 6 (exclude 6.7-6.8), 7 (7.3-7.4 only), and 8 (8.5-8.6 only).
Study Notes:
SNs for Course 1-4 are available on our Web site ().
Code Title
2-05-01 Course 2 Introductory Study Note
2-09-00 Sample Examination #1
2-10-00 May 2000 Course/Exam 2
2-12-00 November 2000 Course/Exam 2
2-21-00 Macroeconomics (Third Printing)
Texts
1. Actuarial Mathematics ( Second Edition ), 1997, by Bowers, N.U., Hic kman, J.C., Jones, D.A. amd Nesbitt, C.J., Chapters 5.1-5.4, 6.1-6.4, 7.1-7.6, Chapter 8, Section 9.1-9.8, Chpters 10 and 13 (excluding autoregressi ve discrete-time model and appendix ), Section 14.5.
Note: some notation presented in Chapters 13-14 of Actuarial Mathematic s is introduced in Chapter 12. Candidates may find it helpful to refre to C hapter 12 when studying the readings in Chapters 13 and 14.
2. Introduction to Probability Models ( Seventh Edition ), 2000, by Ross, S.M., Sections 2.8, 4.1-4.4, 4.5.1, 4.6, 5.3-5.4, 6.1-6.5, 6.8, 10.1-10.4.
3. Loss Models: From Data to Decisions, 1998, by Klugman, S.A., Panjer , H.H., and Willmot, G.E., Sections 1.3, 1.4, 2.1, 2.2 ( Definitions 2.10, 2. 11, 2.12 and 2,13 only), 2.6 (pp. 74-77, 83 only), 2.7 (excluding Example 2.51), 2.10 (excluding 2.10.1 and following ), 31, 3.2.1-3.2.2, 3.3.1-3.3.2,
3.4.1, 3.5 (through the first full paragragh on page 222), 3.6.1, 3.7 (exclu ding 3.7.1 and 3.7.2), 3.9 (Example 3.29 only ), 3.10 (excluding Example 3.34 and following ), 3.10.2 (excluding Example 3.38 and following ), 4.1 -4.3, 4.5-4.6 (excluding 4.6.5.2 ), 4.8, 4.9.4 (page 336 only ), 6.2.3, 6.3.1, 6.3.2.1.
4. Simulation ( Second Edition ), 1997, by Ross, S.M., Sections 3.1, 4.1-4 .3, Chapter 5 (excluding
5.3 ), and Chapter
6.
5. Survival Analysis, 1997, by Klein, J.P., and Moeschberger, M.L., Chapt ers 2-3 ( excluding 3.6)
Study Notes:
SNs for Course 1-4 are available on our Web site ().
Code Title
3-05-01 Course 2 Introductory Study Note
3-09-00 Sample Examination #1
3-10-00 May 2000 Course/Exam 3
3-12-00 November 2000 Course/Exam 3
3-22-00 "Stochastic Models for Continuing Care Retirement Communi ties,"NAAJ, V ol.1, No.1, pp. 50-64
Texts
1. Econometric Models and Economic Forecasts ( Fourth Edition ), 1998, by Pindyck, R.S. and Rubinfeld, D.L., Chapters 3-7, 15-18.
2. Loss Models: From Data to Decisions, 1998, by Klugman, S.A., Panjer , H.H., and Willmot, G.E., Sections 1.5, 2.2-2.6, 2.8-2.10,
3.2.3, 3.3.3-3.3. 4, 3.
4.2, 3.5, 3.10.1 ( Beginning with Example 3.34 ),
5.1-5.5 (excluding 5.4.6 and 5.5.3 ).
3. Simulation ( Second Edition ), 1997, by Ross, S.M., Chapter 7 and Cha pter 9.
4. Survival Analysis, 1997, by Klein, J.P., and Moeschberger, M.L., Chapt ers 4, 5 ( excluding
5.2 ), 6 ( excluding
6.4 ), 7 (sections
7.1-7.3 only ) an d
8.
Study Notes:
SNs for Course 1-4 are available on our Web site (). Code Title
4-05-01 Course 4 Introductory Study Note
4-09-00 Sample Examination #1
4-10-00 May 2000 Course/Exam 4
4-12-00 November 2000 Course/Exam 4.
mation/Fall Exam Session/Fall 2006 Basic Education Catalog –Stud y Notes Information. Hard copies may be purchased by using the Study Note and Published Reference order form in the back of the printed catalog or by downloading the form from the Fall Exam S ession Web page.
SOA 改革全文
Updated Information for Candidates and Members Education Redesign
In August 2003, the Working Groups for the Education Redesign project, with
the supportand endorsement of the Board of Governors published its recommendations for the education and examination process of the Society of Actuaries. That report is available at
/eande/report_membership03.pdf).
Work on developing a final implementation plan ensued along with a
commentary period during which, you, our candidates and members, submitted questions and comments. This update describes the final design, conversion
mapping and implementation plans.
A web cast "Town Hall" session to discuss the design and conversion plan,
is being prepared for the first quarter of 2004. Please be sure to watch
your email boxes and our web site, for information as it
becomes available.
Associateship Requirements
Under the redesign plan, the candidate is required to complete the
Preliminary Education requirements, the Fundamentals of Actuarial Practice
(FAP) Course, and the Associateship Professionalism Course (APC) for the
ASA designation. The Preliminary Education requirements and the FAP Course
may be attempted concurrently.
The Preliminary Education Component will consist of
(i) pre-requisites,
(ii) subjects to be validated by educational experience, and
(iii) four examinations.
Pre-requisites are topics that will assist candidates in their exam
progress and work life but will not be directly tested or validated:
Calculus
Linear Algebra
Introductory Accounting
Business Law
Mathematical Statistics
Validated by Educational Experience (VEE) Subjects are subjects for which candidates will demonstrate knowledge by submitting transcripts and course descriptions from formal courses. Submissions will be reviewed to determine whether they meet the stated criteria. Economics. The requirement will be
two semesters, one each of introductory microeconomics and macroeconomics.
A one-semester survey course will not qualify.
Corporate Finance. The requirement will typically be met by a course with
an introductory corporate finance course as a prerequisite.
Applied Statistical Methods. The course must cover both time series and regression (or a candidate may submit two courses). Detailed learning objectives for the three VEE subjects will be included in the final
syllabus publication, scheduled for Summer 2004. Candidates will be able to compare those learning objectives to the descriptions of the courses they
will submit under this plan. VEE submissions will be accepted starting on January 1, 2005. Submission procedures will be published prior to that date. There are three mechanisms by which VEE can be accomplished:
1. Completion, with a pre-set grade, of one or more courses offered by a recognized college or university and approved by the sponsoring organizations.
a. Candidates or faculty members would submit a course or courses for consideration.
b. Generally, the only submission required for course approval will be the
entry in the catalog, including pre-requisites and a description of the
course. At its discretion, the committee making the determination may
request additional information.
c. To earn validation for an approved course, a candidate must receive a
grade of B- or better. If the course is repeated, the highest grade earned
can be used. If the institution does not use letter grading, the
institution will be consulted to determine an appropriate translation.
2. Achieving a pre-set score on a standardized examination, as determined
by the sponsoring organizations.
a. Specified score minimums on the Advanced Placement (AP) tests and College Level Examination Program (CLEP) tests for micro and macroeconomics will be accepted as VEE credit for economics.
b. The committee responsible for VEE implementation will determine which other examinations qualify and the score required for credit. Additional
research will be done regarding options such as the CFA exams.
c. Two of the actuarial exams for which specific course credit was not
received during the 2000 conversion can satisfy VEE, as follows:
i. Unused PD credits earned from passing the pre-2000 Course 120 (Applied Statistical Methods) examination may be used for validation of Applied Statistics.
ii. Unused PD credits earned from passing the pre-2000 Course 220 (Introduction to Asset Management and Corporate Finance) may be used for validation of Corporate Finance and Economics. Additional details on these
two options are included under the conversion mapping section of this document.
3. Completion of educational experiences as approved by the sponsoring organizations. The CAS or SOA may choose to offer educational experience in
a particular subject. Other vendors of educational programs may provide eligible educational experiences. By definition, a CAS or SOA experience
would be accepted. All other options would need to be approved by the committee responsible for VEE.
Preliminary Education Examinations
Exam P, Probability: Probability and supporting calculus; validated by a
three-hour examination.
Exam MF, Mathematics of Finance: Theory of interest and introduction to financial economics; validated by a two-hour examination.
Exam M, Models for Quantifying Risk: Life contingencies, frequency models and aggregate loss models; validated by a four-hour examination.
Exam C, Construction and Evaluation of Risk Models: Fitting parametric
and nonparametric models and credibility; validated by a four
hour-examination.
Fundamentals of Actuarial Practice
The e-Learning component of ASA level education (previously referred to as
the ASA Course) has an official new name - Fundamentals of Actuarial
Practice (FAP) Course. As introduced in the August 2003 report, the module topics will be presented in the context of a control cycle.
Module 1, Role of the Professional Actuary: Provide the basic framework for actuarial work and functions using a control cycle as a framework.
Module 2, Core External Forces: Provide an understanding of how core external
forces, outside of the actuary's sphere, integrate into actuarial work.
Module 3, Typical Actuarial Problems: Provide an introduction to concepts within the context of common actuarial problems and assignments.
Module 4, Solutions to Selected Actuarial Problems: Demonstrate how a complete control cycle is applied, through selected examples and sample solutions.
Module 5, Design and Pricing of an Actuarial Solution: Introduce and define common models for each area of practice.
Module 6, Selection of an Actuarial Design and Model: Given a problem, find a solution by going through the entire process to select a model.
Module 7, Selection of Initial Assumptions: Introduce the process and considerations in selecting assumptions as a component of finalizing the design solution and moving toward monitoring results.
Module 8, Monitoring Experience - Model and Assumptions: Establish the link between designing the solution and monitoring the results via techniques for monitoring experience.
Validation Plan for Fundamentals of Actuarial Practice
1. To maintain standards, validation (including interactions embedded in
the content, end-of-module tests and end-of-module exercises) will occur throughout the course.
2. Candidates will also be formally evaluated via computerized,
multiple-choice
examinations. The first examination will cover content in Modules 1-5 and the
second examination will cover content in Modules 6-8. These exams will be administered securely and frequently, with a potential to evolve to "on demand"
over time.
Associateship Professionalism Course (APC)
The APC objectives are unchanged from the current description.
Fellowship Requirements
For the FSA designation, the candidate would be required to complete all of
the ASA
requirements plus the following additional educational elements:
1. Two practice-specific examinations
a. Examination DP Design & Pricing
b. Examination CSP Company/Sponsor Perspective
2. Several e-learning modules that will use the same Internet-based systems
as the FAP course
3. A capstone module or seminar
4. The Fellowship Admissions Course (FAC)
Conversion Mapping
In establishing conversion rules, the major motivating factor was
simplicity while assuring a balance of equity and equivalence. This plan
does not involve the granting of partial credits or the splitting of the
new examinations. The conversion mapping has been adjusted to reflect many of the comments we received on the Summer 2003 Report to the Membership on the Education Redesign. In addition, the ASA Course has been formally named "Fundamentals of Actuarial Practice" (FAP) Course, as described earlier.
The following
table outlines the conversion mapping and additional rules.
Additional rules and considerations:
Credits earned prior to 2000 will first be converted to the current
system before applying this conversion map to determine credits under the
new system.
All candidates with the ASA designation will retain that designation. However, in order to obtain an FSA, the candidate will need to have credit
for all of the educational requirements including all portions of the new
FAP Course.
Candidates will be able to earn an ASA using the current courses and ASA rules through 2006. The APC may be taken at any time following completion
of the prerequisite courses. The FAP Modules, FAP Exams, new FSA Exams and FSA Modules may not be used to satisfy any part of the current ASA requirements.
Credit for the FSA capstone module does not give credit for the FAC.
Depending on his or her individual record, a candidate who is not an ASA may earn credit for certain FSA Exams or Modules through conversion. However, all of the ASA requirements must be met in order to achieve the ASA designation.
Effective January 1, 2006, if a candidate has PD credits because of the 2000 conversion, they may file and execute their PD plan before completing the current Courses 1-8.
Unused PD credits earned from passing the pre-2000 Course 120 (Applied Statistical Methods) may be used for the validation of Applied Statistics. However, if this option is elected then these PD credits may not be used to satisfy any other requirements.
Unused PD credits earned from passing the pre-2000 Course 220 (Introduction to Asset Management and Corporate Finance) may be used for validation of Corporate Finance and for validation of Economics. However,
if this option is elected then these PD credits may not be used to satisfy
Successful completion of EA-2, Segment A and/or EA-2, Segment B will give the candidate credit for specified portion(s) of the FSA component for the
U.S. Pension track.
We expect that candidates will receive conversion transcripts following the release of grades from the May 2004 examination session. Candidates may submit questions on any aspect of the redesign to eq2005@ or ombudsperson@。