As for other subjects, the Assignments are designed to develop you towards being able to ask exam-level questions. They drill you in the component skills that are necessary to pass the exam.
The recipients of the communications in the assignments are:
X1.1 former employee (HR manager)
X1.2 Trustees
X2.1 Manager of an actuarial department
X2.2 Trustees
X3.1 Manager in an insurance company
X3.2 Employees in an OPS
X4.1 Work colleague
X4.2 Directors
X5.1 Manager of an underwriting department
X5.2 Manager of a team in a financial services company
So I don't understand your comment about "all" being to the "general public". The syllabus states that the recipient will have a level of business knowledge. The recipients in the assignments are consistent with this specification.
We suggest 5 hours to:
- acknowledge stduents are building up skills and may not be fully up to exam speed
- refelect that we ask for submission of more than would be required in the time allocations you quote (e.g. creation of a scrip/narrative for the presentation questions - which in the exam could be done in your own time, after having submitted the slides)
The mock exams are at (or perhaps slightly above) the level of difficulty of the actual exam.
All our materials (including the assignments and mocks) are reviewed by us following publication of the new syllabus (i.e. at least annnually). They are also reviewed by the Staff Actuary employed by the Institute and Faculty, to ensure that they are always 'fit for purpose'.
Last edited: Aug 16, 2013
