SOA ILA LPMIndividual Life & Annuities — Life Product Management

Fellowship (FSA)

5 hours·≈10–12 written-answer questions·≈400 study hours

Score 0/0 · 5 MC

ILA LPM · Q1
Multiple choice
In-force management & policyholder behaviour
Raising credited rates on a deferred annuity block in a rising-rate environment is primarily intended to:
ILA LPM · Q2
Written answer
In-force management & policyholder behaviour
A closed block of universal life is losing money because realised mortality is 115% of pricing. Management asks for a COI increase. Evaluate the proposal, listing the analyses, constraints and alternatives you would present.