I failed by....1 mark, unbeliveable.
I thought I absolutely did everything needed for a pass, yet somehow it is still not enough.
It is for me the 2nd time on CP3, 4th time in total including CA3, my verbal presentation scored way above pass but now they dropped it. For me the verbal side is way more important than writing a sorry letter as a benchmark for actuarial communication skill.
This only reinforces the sterotypes of actuaries afraid to "speak up".
The point is to ensure actuaries pay attentions when communicating with others, a test in a single day will not help drive this cause. We need the profession to actively engage with organisations to drive better standards and communiations, not just make-up some tests to prove to the outside world we can actually communicate.
This is my last last exam on Fellowship for over 2 years and it is very very deflating.
My compensation are way ahead of senior qualified actuaries for actuarial skills and experiences, yet ironically I cannot call myself an actuary, not even an AIA after I passed all the later exams.
It does not hold back my career development but massively adding unnecessary stress, making me doubt the point of pursuing the qualifcation itself even I am this close!