CAS Exam 6C Fall 2014, Question 34
Study guide: Exam 6C
Part a (0.75 points)
Briefly describe three objectives OSFI has in requiring peer review of the work of the Appointed Actuary.
Part b (0.75 points)
Briefly describe whether the selection of each of the following reviewers is appropriate.
- i. An external actuary who worked at the company as the AA four years ago.
- ii. An actuary working in the company's external audit firm.
- iii. An external actuary who is a member of a consulting firm when a member of the same firm was involved in actuarial work related to the financial statements of the company.
Answer this question and see the worked solution