Coaching Actuaries Exam LTAM Suggested Study Schedule (Fall 2020)

http://www.coachingactuaries.com/ltam

RECOMMENDED STUDY APPROACH

Phase 1: Learn
Step 1: For each topic, read study manual and/or watch video lessons. Focus on understanding the basic principles, not shortcuts.
Step 2: Work on the assignment problems and written-answer problems included in Learn.
Step 3: Review the assignment problems and the written-answer problems; read the solution and/or watch the video solutions to all questions even if y

Phase 2: Practice & Review

Practice multiple-choice questions using Adapt. The goal is to make sure you are comfortable with questions between level 3 - level 6.
Practice written-answer questions in "LTAM Written-Answer Questions" under Resources on your dashboard.
Practice all questions available in "1. SOA Sample Written-Answer Questions" and "2. Written Answer Practice Questions by Topics".
Practice recent past exams and CA sample written-answer practice exams in "Written-Answer Practice Exams".
Review solutions to the problems. Understand why you did not get a problem right. Rework the problem.

Directions:
To begin, answer the following 3 questions in the yellow cells below:
1. When is your exam date?
10/23/2020
2. When would you like to start Phase 1?
6/3/2020
3. How many days would you like to spend on Phase 2?
60 Note: We recommend at least 45 days for LTAM.
Number of Days
Start Date 6/3/2020
Phase 1 80
End Date 8/22/2020
Start Date 8/23/2020
Phase 2 60
End Date 10/22/2020
 Section
Phase Topic Topic Name Weight
Number
Survival Model 1.1 Introduction to Life Insurance and Annuity 0.5%
Survival Model 1.2 Probability Functions 1.0%
Survival Model 1.3 Force of Mortality 2.0%
Survival Model 1.4 Moments 1.5%
Survival Model 1.5 Special Mortality Laws 1.5%
Survival Model 1.6 Fractional Ages 1.5%
Survival Model 1.7 Select & Ultimate Mortality 2.0%
Insurance 2.1 Continuous 3.0%
Insurance 2.2 Discrete 2.5%
Insurance 2.3 Others 2.0%
Annuity 3.1 Continuous 3.0%
Annuity 3.2 Discrete 2.5%
Annuity 3.3 Others 2.0%
Premiums 4.1 Fully Continuous 2.0%
Premiums 4.2 Fully Discrete 2.0%
Premiums 4.3 Gross Premiums 2.0%
Premiums 4.4 Others 2.0%
Reserves 5.1 Net Premium Reserve 3.0%
Reserves 5.2 Gross Premium Reserve 2.0%
Reserves 5.3 Recursion 2.0%
Reserves 5.4 Other Topics 3.0%
Markov Chains 6.1 Discrete 2.5%
Markov Chains 6.2 Continuous 3.0%
Phase 1
Markov Chains 6.3 Others 3.0%
Multiple Decrement Models 7.1 Discrete 2.5%
Multiple Decrement Models 7.2 Continuous 2.5%
Phase 1

Multiple Decrement Models 7.3 Associated Single Decrement Tables 2.5%

Multiple Decrement Models 7.4 Others 1.5%
Multiple Lives 8.1 Joint Life Models 2.5%
Multiple Lives 8.2 Last Survivor Models 2.5%
Multiple Lives 8.3 Contingent Probabilities 2.0%
Multiple Lives 8.4 Common Shock 0.5%
Multiple Lives 8.5 Insurance and Annuities 1.5%
Profit Tests 9.1 Profits for Traditional Products 2.0%
Profit Tests 9.2 Gain by Source 1.5%
Long-term Insurance Coverage 10.1 Disability Income Insurance 2.0%
Long-term Insurance Coverage 10.2 Long Term Care Insurance 2.0%
Long-term Insurance Coverage 10.3 Other Long-Term Insurance Coverages 2.0%
Long-term Insurance Coverage 10.4 Structured Settlements 1.5%
Pension Mathematics 11.1 Valuation of Benefits 2.5%
Pension Mathematics 11.2 Funding the Benefits 3.0%
Pension Mathematics 11.3 Retiree Health Benefits 2.5%
Survival Model Estimation 12.1 Kaplan Meier and Nelson-Aalen Estimators 3.0%
Survival Model Estimation 12.2 Age-Based Estimators 3.0%
Mortality Improvement 13.1 Deterministic Models 2.5%
Mortality Improvement 13.2 Stochastic Models 3.0%

Phase 2 Practice BOTH Multiple-Choice Questions and Written-Answer Questions

ic principles, not shortcuts.

atch the video solutions to all questions even if you get it right.

stions between level 3 - level 6.

r Practice Questions by Topics".

r of Days
80

60
 Number
Target Completion Date
of Days
Wednesday, June 03, 2020 0.4 10.0%
Thursday, June 04, 2020 0.8
Friday, June 05, 2020 1.6
Sunday, June 07, 2020 1.2
Monday, June 08, 2020 1.2
Tuesday, June 09, 2020 1.2
Thursday, June 11, 2020 1.6
Saturday, June 13, 2020 2.4 7.5%
Monday, June 15, 2020 2.0
Wednesday, June 17, 2020 1.6
Friday, June 19, 2020 2.4 7.5%
Sunday, June 21, 2020 2.0
Tuesday, June 23, 2020 1.6
Wednesday, June 24, 2020 1.6 8.0%
Friday, June 26, 2020 1.6
Saturday, June 27, 2020 1.6
Monday, June 29, 2020 1.6
Wednesday, July 01, 2020 2.4 10.0%
Friday, July 03, 2020 1.6
Sunday, July 05, 2020 1.6
Tuesday, July 07, 2020 2.4
Thursday, July 09, 2020 2.0 8.5%
Saturday, July 11, 2020 2.4
Tuesday, July 14, 2020 2.4
Thursday, July 16, 2020 2.0 9.0%
Saturday, July 18, 2020 2.0
 Monday, July 20, 2020 2.0
Tuesday, July 21, 2020 1.2
Thursday, July 23, 2020 2.0 9.0%
Saturday, July 25, 2020 2.0
Monday, July 27, 2020 1.6
Monday, July 27, 2020 0.4
Tuesday, July 28, 2020 1.2
Thursday, July 30, 2020 1.6 3.5%
Friday, July 31, 2020 1.2
Sunday, August 02, 2020 1.6 7.5%
Monday, August 03, 2020 1.6
Wednesday, August 05, 2020 1.6
Thursday, August 06, 2020 1.2
Saturday, August 08, 2020 2.0 8.0%
Monday, August 10, 2020 2.4
Wednesday, August 12, 2020 2.0
Saturday, August 15, 2020 2.4 6.0%
Monday, August 17, 2020 2.4
Wednesday, August 19, 2020 2.0 5.5%
Saturday, August 22, 2020 2.4

Thursday, October 22, 2020 60.0