• We are pleased to announce that the winner of our Feedback Prize Draw for the Winter 2024-25 session and winning £150 of gift vouchers is Zhao Liang Tay. Congratulations to Zhao Liang. If you fancy winning £150 worth of gift vouchers (from a major UK store) for the Summer 2025 exam sitting for just a few minutes of your time throughout the session, please see our website at https://www.acted.co.uk/further-info.html?pat=feedback#feedback-prize for more information on how you can make sure your name is included in the draw at the end of the session.
  • Please be advised that the SP1, SP5 and SP7 X1 deadline is the 14th July and not the 17th June as first stated. Please accept out apologies for any confusion caused.

Pricing or Reserving

I

iActuary

Member
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. :D
 
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
 
You must log in or register to reply here.
Back
Top