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March 2001 For the Candidates of the Casualty Actuarial Society Volume 7, No. 1


Inside this Issue

Reduction in Readings Announced for Spring 2001 Exams 3 and 4

The presidents of the Casualty Actuarial Society and the Society of Actuaries announced a reduction in the amount of required study material for Exams 3 and 4 which are jointly administered by the two societies. The changes take effect with the Spring 2001 examinations. (Specific changes are listed with other changes to the Syllabus of Examinations.)

The December 21 announcement was the culmination of a process that began when the CAS Board of Directors reviewed concerns about Exams 3 and 4 early last year. In February 2000, the Board established the Task Force on Exams 3 and 4 to determine if the learning objectives were appropriate for casualty actuaries—and for all actuaries, and whether the materials being used to teach the learning objectives were appropriate.

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CAS Hires Education Consultant

The Casualty Actuarial Society has contracted with The Chauncey Group International of Princeton, New Jersey, to serve as education consultant. Specifically addressing CAS Exams 5-9, the consultants will review, critique, and make recommendations on learning objectives, test specifications, and examination questions. They will create a training program and manual on developing educational objectives and writing effective test questions. The consultants will also critique the measurement approaches for exam length and difficulty.

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Important Dates to Remember

Spring 2001 Registration and Change of Center Deadlines

Exams 5, 7, and 8: March 22, 2001
Exams 1-4: April 1, 2001

Deadline for Refund Requests

June 30, 2001

Seminar on Ratemaking

March 11-13, 2001
The Mirage
Las Vegas, Nevada

Continued


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