CAS Exam 6C Fall 2013, Question 34
Study guide: Exam 6C
Part a (1 point)
Briefly describe four qualifications, other than being an FCIA, that are expected of a new Appointed Actuary, as outlined by OSFI.
Part b (1 point)
Describe the communication requirements for each of the following parties after the appointment of an actuary has been revoked:
- i. (0.5 point) The actuary whose appointment has been revoked.
- ii. (0.25 point) The company.
- iii. (0.25 point) The actuary who intends to become the new Appointed Actuary of the company.
Part c (0.5 points)
Describe the conditions that a company's CFO must satisfy to become the Appointed Actuary.
Answer this question and see the worked solution