Hi everyone I'd just like to gather all of your opinions regarding General Insurance Pricing and Reserving as I'm currently stuck in choosing between the two new STs (i.e. ST7 or ST8)! If you're able to, would you mind briefing me through some of the important points when comparing the two? For instance, main differences, practicality, difficulty, usefulness (gainable thru practice in the industry?), wideness in terms of coverage, required reading time etc... Yes, I do know that the knowledge of these two subjects is required for SA3 if I'm going to take that one. But it's not just yet. I'd just like to take the easier path to get there! Thank you for your time and advice. I look forward to your views.
Hi iActuary I appreciate the desire to get through your exams as smoothly as possible, but the standards being set in today's exams are pretty consistent and - more relevantly - pretty high. Under the current structure you need to sit two STs. My advice would be to select STs most akin to your current job, as (perhaps with the exception of investments) the exams cover areas that will help you day-in day-out. Perhaps, a slightly different question: are you thinking of changing your practice area? If so, establish which GI area is of interest, as GI is getting increasingly specialised and you'd be better placed to focus on your intended area of work going forwards. Regards Dave
