ALM for Life, Annuities, and Pensions

By Society of Actuaries · 2025 · CP351-101-25

A study note, CP351-101-25, supplied by the Society of Actuaries for CP 351 Asset Liability Management under the title "ALM for Life, Annuities, and Pensions". The syllabus assigns its sections 1 to 6 to different learning outcomes across all three topics of the course.

On the syllabus

Exam CP-351 — sections 1-2 (outcome 1a), section 3 (1d), section 4 (2a), section 5 (3a, 3e, 3f) and section 6 (2d).

Contents unavailable The SOA supplies this study note, and its syllabus states that study notes are not available electronically. No copy could be found online, and no source names its author or original publisher or lists its section titles. This page records only the citation and assignment from the syllabus.

Sources

CP 351 Introductory Study Note, Nov 2026/Mar 2027/Jul 2027 (SOA) — the study-note code CP351-101-25 and its title; the author and publisher shown above are the SOA as the issuer of the study note, and the year is the one in the code
CP 351 Syllabus, Nov 2026/Mar 2027/Jul 2027 (SOA) — the sections assigned to each learning outcome and the note that study notes are not available electronically
CP 351 Course Strategy Guide, Nov 2026/Mar 2027/Jul 2027 (SOA) — how the course describes the note's sections: the liability-side context for life insurers' investing (section 3), duration and convexity (section 4) and techniques to reduce or offset portfolio risks (section 5)