Thread: best manual(s) to prepare part 5

In the current syllabus, it's Chapt 15 of Werner & Modlin. In the previous syllabus, I believe it was covered in Sherwood.

the 18 month wait was covered in another thread somewhere. i find it unfortunate, at least. the worst is for folks who need the nation specific exam for ACAS in 2010 and fail, leaving them 18 months to wait. if/when they get to offering exams twice a year, the new 5 (basic rates/reserves) will be the first to get that treatment. but I doubt it will happen until after the transitional half exam period is over (so 2-3 years). if something else...

Someone pointed out to me that I could do 5/9 this year. That would still put me finishing in spring '12. The only problem with that is that I would miss 6 this year and have to do the half exam + adv reserving in the same sitting - then again, this would be the equivalent of studying for 6 this year, I believe. I thought about starting with 7 as well. I am unsure of that route, simply because I've heard it is very difficult and...

For the CPCU stuff, your company may already have the books for people taking the CPCU exam.

Quote: Originally Posted by Vorian Atreides What "study guide" are you referring to? The most I could find are the syllabus references (except the CPCU) as downloadable files. Perhaps a link would help? I was being a wiseass and suggesting that the syllabus references themselves were the best available study guide.

Quote: Originally Posted by Darkness Falls MQC on an exam with half the material should be above MQC on a full exam. So with the pass mark on current 5 = 70%, 80-85% seems reasonable with less material to learn Less material to learn <> easier exam to pass. Ask anyone that took preliminary exams under the pre-2000 partitioned exam structure.

Ok- good to know. I plan on starting now for 5 given that I try not to do too much studying at home per week or my family begins to protest. Well, hopefully I pass 4 and it's not an issue.

Quote: Originally Posted by bunnyluv You know what sucks even more is that we have to wait an extra sitting to get our ACAS. Usually, I'm with the "deal with it" crowd, but this is really becoming a pain. Maybe I'll just take a vacation. It would be nice, in theory, to say I could take a year to study for Regulation. But I won't. I don't have that kind of patience. If it matters that much to you, why not...

Quote: Originally Posted by Darkness Falls Write both 5 & 6 next year you have more than enough time for them yeah, maybe. The other thing is that I've basically worked on ratemaking for the last 4 years so 5 would probably be pretty familiar anyway. Even though 6 might be more valuable in the year 2010, it might not be that difficult to study for both. ok, sold. I wont commit to anything yet, I'll look at the material...

P FM exam 3 VEE done, exam c/4 pending(most likely passed), newbie meant new to exam 5.