Exam ILA-LFV-U

LFV-U Lessons
SOA Exams
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Practice exams updated

Mon, 18 Feb 2019

The practice exams in the Supplementary and Review Material section have been updated to be 100% consistent with the 2019 syllabus. Both exams are full-length 5-hour exams with distinct morning and afternoon sessions. I recommend working at least the first exam during the final 4 weeks before the exam under exam conditions if possible.

Analysis of Past Exams spreadsheet updated for spring 2019

Wed, 13 Feb 2019

The Analysis of Past Exams spreadsheet in the Supplementary Materials section has been updated to include the fall 2018 exam. I’ve also updated all references to the old stat valuation book (VLIL) so that they point to the correct chapter in the new stat valuation book (SVILAC) as well as a number several other edits … Continue reading

Don’t neglect exercise in your study routine

Thu, 24 Jan 2019

When studying for actuarial exams on top of work and personal responsibilities, it is very easy to neglect your physical health by not exercising. This is a big mistake. As Wendy Suzuki explains in her TED Talk, “The Brain-Changing Benefits of Exercise,” when you exercise it literally changes your brain for the better. Your focus … Continue reading

Registration is open for spring 2019 exams

Wed, 23 Jan 2019

Registration for all spring 2019 SOA exams is now open on the SOA’s site. Please don’t forget to register for the exam. The deadline is March 25, 2019.

Introduction ... lessons ... min of video
- Introductory Material ...
  - Quick start guide: all you need to get started at a glance (sample) (handout)
  - Start Here (Orientation): Seminar Navigation, Using Downloads, and More (9:11)
  - Using the Online Seminar to Increase Your Chances of Passing (sample) (3:42)
  - Spring 2019 Study Schedule (sample) (5:59)
  - Revision History and Scheduled Updates (updated 2/18/2019) (handout)
  - Using the Course Forum (11:12)
  - I failed. What do I do now? (sample) (handout)
  - Video Player Keyboard Shortcuts (handout)
- Important: Understanding the Format of FSA Exams ...
  - First FSA Exam? Learn how FSA exams are different from the prelims. (sample) (17:53)
  - Meet the Verbs Part 1: The relative value of verbs used in past FSA questions (11:46)
  - Meet the Verbs Part 2: Verb definitions (5:58)
  - Meet the Verbs Part 3: Specific examples of how to answer questions based on the verb used (25:31)
Detailed Study Manual ... lessons ... min of video
- Study Manual Samples ...
  - Spring/Fall 2019 Detailed Study Manual Sample (sample) (handout)
- Spring & Fall 2019 LFV-U Study Manual ...
  - Introduction (handout)
  - Section A (handout)
  - Section B (handout)
  - Section C (handout)
  - Section D (handout)
  - Section E (handout)
A. Statutory and Tax Accounting ... lessons ... min of video
- A.1 Formula-Based US Statutory Reserves ...
  - A.1 Video Lesson Handouts (handout)
  - A.1 Drill Problems (handout)
  - High level description of changes between the 4th and 5th edition of SVILAC by chapter (handout)
  - A.1.1. An Introduction to Reserves (24:12)
  - A.1.2. SVILAC Ch. 1-2: Valuation Overview & Product Classifications (Part 1 of 2) (12:49)
  - A.1.2. SVILAC Ch. 1-2: Valuation Overview & Product Classifications (Part 2 of 2) (8:46)
  - A.1.3. SVILAC Ch. 4: The Standard Valuation Law (Part 1 of 2) (18:57)
  - A.1.3. SVILAC Ch. 4: The Standard Valuation Law (Part 2 of 2) (8:51)
  - A.1.4. SVILAC Ch. 10: Valuation Assumptions (Part 1a of 2) (24:55)
  - A.1.4. SVILAC Ch. 10: Valuation Assumptions (Part 1b of 2) (7:17)
  - A.1.4. SVILAC Ch. 10: Valuation Assumptions (Part 2 of 2) (10:54)
  - A.1.5. Actuarial Math Review (Parts 1 and 2 of 3) (32:20)
  - A.1.5. Actuarial Math Review (Part 3 of 3) (10:19)
  - A.1.6. SVILAC Ch. 11: Valuation Methodologies - Lesson 1 (Part 1 of 4) (sample) (15:20)
  - A.1.6. SVILAC Ch. 11: Valuation Methodologies - Lesson 1 (Part 2 of 4) (sample) (17:40)
  - A.1.6. SVILAC Ch. 11: Valuation Methodologies - Lesson 1 (Part 3 of 4) (8:37)
  - A.1.6. SVILAC Ch. 11: Valuation Methodologies - Lesson 1 (Part 4 of 4) (13:11)
  - A.1.6. SVILAC Ch. 11: Valuation Methodologies - Lesson 2 (Part 1 of 2) (15:55)
  - A.1.6. SVILAC Ch. 11: Valuation Methodologies - Lesson 2 (Part 2 of 2) (8:54)
  - A.1.7. SVILAC Ch. 3: NAIC Annual Statement (Part 1 of 2) (15:17)
  - A.1.7. SVILAC Ch. 3: NAIC Annual Statement (Part 2 of 2) (17:05)
  - A.1.8. SVILAC Ch. 12: Whole Life (Part 1 of 4) (25:08)
  - A.1.8. SVILAC Ch. 12: Whole Life (Part 2 of 4) (16:11)
  - A.1.8. SVILAC Ch. 12: Whole Life (Part 3 of 4) (12:48)
  - A.1.8. SVILAC Ch. 12: Whole Life (Part 4 of 4) (7:08)
  - A.1.9. SVILAC Ch. 13: Term Life Insurance (Part 1 of 2) (32:27)
  - A.1.9. SVILAC Ch. 13: Term Life Insurance (Part 2 of 2) (12:04)
  - A.1.10. SVILAC Ch. 14: Universal Life (Part 1 of 5) (31:14)
  - A.1.10. SVILAC Ch. 14: Universal Life (Part 2 of 5) (17:57)
  - A.1.10. SVILAC Ch. 14: Universal Life (Part 3 of 5) (6:25)
  - A.1.10. SVILAC Ch. 14: Universal Life (Part 4 of 5) (10:56)
  - A.1.10. SVILAC Ch. 14: Universal Life (Part 5 of 5) (10:55)
  - A.1.11. LFV-822: Actuarial Guidelines 38 and 48 (Part 1 of 3) (20:46)
  - A.1.11. LFV-822: Actuarial Guidelines 38 and 48 (Part 2a of 3) (27:08)
  - A.1.11. LFV-822: Actuarial Guidelines 38 and 48 (Part 2b of 3) (18:44)
  - A.1.11. LFV-822: Actuarial Guidelines 38 and 48 (Part 3 of 3) (10:13)
  - A.1.12. ULSG AG 38 Valuation Research Report (10:11)
  - A.1.13. SVILAC Ch. 16: Indexed Universal Life (Part 1 of 2) (23:27)
  - A.1.13. SVILAC Ch. 16: Indexed Universal Life (Part 2 of 2) (22:00)
  - A.1.14. LFV-832 & LFV-836: AG 49 (IUL Illustrations) (25:50)
  - A.1.15. SVILAC Ch. 18: Fixed Deferred Annuities (Part 1 of 5) (15:19)
  - A.1.15. SVILAC Ch. 18: Fixed Deferred Annuities (Part 2 of 5) (21:29)
  - A.1.15. SVILAC Ch. 18: Fixed Deferred Annuities (Part 3 of 5) (22:20)
  - A.1.15. SVILAC Ch. 18: Fixed Deferred Annuities (Part 4 of 5) (8:48)
  - A.1.15. SVILAC Ch. 18: Fixed Deferred Annuities (Part 5 of 5) (14:45)
  - A.1.16. SVILAC Ch. 20: Indexed Deferred Annuities (Part 1 of 3) (9:50)
  - A.1.16. SVILAC Ch. 20: Indexed Deferred Annuities (Part 2 of 3) (10:29)
  - A.1.16. SVILAC Ch. 20: Indexed Deferred Annuities (Part 3 of 3) (20:13)
  - A.1.17. SVILAC Ch. 21: Immediate Annuities (Part 1 of 2) (11:58)
  - A.1.17. SVILAC Ch. 21: Immediate Annuities (Part 2 of 2) (13:07)
  - A.1.18. SVILAC Ch. 22: Miscellaneous Reserves (15:53)
  - A.1.19. LFV-800: ISA Ch. 8 - IMR and AVR (Part 1 of 2) (18:27)
  - A.1.19. LFV-800: ISA Ch. 8 - IMR and AVR (Part 2 of 2) (11:40)
- A.2 US Statutory PBR Topics ...
  - A.2 Video Lesson Handouts (handout)
  - A.2.1. SVILAC Ch. 5: The Valuation Manual (Part 1 of 2) (14:24)
  - A.2.1. SVILAC Ch. 5: The Valuation Manual (Part 2 of 2) (8:02)
  - A.2.2. LFV-833: Fundamentals of the PBA to Stat Reserves (Part 1 of 3) (14:17)
  - A.2.2. LFV-833: Fundamentals of the PBA to Stat Reserves (Part 2 of 3) (24:08)
  - A.2.2. LFV-833: Fundamentals of the PBA to Stat Reserves (Part 3 of 3) (29:58)
  - A.2.3. ASOP 52: PBRs for Life Products (Part 1 of 4) (8:54)
  - A.2.3. ASOP 52: PBRs for Life Products (Part 2 of 4) (13:52)
  - A.2.3. ASOP 52: PBRs for Life Products (Parts 3-4 of 4) (7:18)
  - A.2.4. SVILAC Ch. 19: Variable Deferred Annuities (Part 1 of 3) (20:35)
  - A.2.4. SVILAC Ch. 19: Variable Deferred Annuities (Part 2 of 3) (16:07)
  - A.2.4. SVILAC Ch. 19: Variable Deferred Annuities (Part 3 of 3) (8:47)
  - A.2.5. LFV-812: A Discussion of AG 43 for VAs (Part 1 of 4) (12:46)
  - A.2.5. LFV-812: A Discussion of AG 43 for VAs (Part 2a of 4) (17:52)
  - A.2.5. LFV-812: A Discussion of AG 43 for VAs (Part 2b of 4) (12:53)
  - A.2.5. LFV-812: A Discussion of AG 43 for VAs (Part 3 of 4) (7:48)
  - A.2.5. LFV-812: A Discussion of AG 43 for VAs (Part 4 of 4) (6:55)
  - A.2.6. LFV-831: AG 43 for VAs (Intro and Appendix 1) (21:39)
  - A.2.6. LFV-831: AG 43 for VAs (Appendix 3) (9:49)
  - A.2.6. LFV-831: AG 43 for VAs (Appendix 6) (7:44)
  - A.2.7. Determining Margins for Uncertainty Under a Principle-Based Framework (Part 1 of 4) (16:53)
  - A.2.7. Determining Margins for Uncertainty Under a Principle-Based Framework (Part 2 of 4) (24:39)
  - A.2.7. Determining Margins for Uncertainty Under a Principle-Based Framework (Part 3 of 4) (29:29)
  - A.2.7. Determining Margins for Uncertainty Under a Principle-Based Framework (Part 4 of 4) (5:52)
- A.3 Tax Accounting ...
  - A.3 Video Lesson Handouts (handout)
  - A.3 Drill Problems (handout)
  - A.3.1. LFV-800 Ch. 12 Federal Taxation (Part 1) (13:22)
  - A.3.1. LFV-800 Ch. 12 Federal Taxation (Part 2a) (16:19)
  - A.3.1. LFV-800 Ch. 12 Federal Taxation (Part 2b) (17:49)
  - A.3.1. LFV-800 Ch. 12 Federal Taxation (Part 3) (7:26)
  - A.3.2. LFV-829 Ch. 2: Tax-Basis Reserves Generally (19:02)
  - A.3.3. LFV-829 Ch. 7: Section 807(f) (Part 1 of 3) (18:58)
  - A.3.3. LFV-829 Ch. 7: Section 807(f) (Part 2 of 3) (8:46)
  - A.3.3. LFV-829 Ch. 7: Section 807(f) (Part 3 of 3) (9:55)
B. US GAAP and IFRS ... lessons ... min of video
- B.1. Current US GAAP Standards ...
  - B.1 Video Lesson Handouts (handout)
  - B.1 Drill Problems (handout)
  - B.1.1. GAAP Ch. 3: Expenses and Capitalization (22:49)
  - B.1.2. GAAP Ch. 4 Part 1: GAAP for Traditional Life (sample) (25:51)
  - B.1.2. GAAP Ch. 4 Part 2: FAS 60 Benefit and Expense Reserves (sample) (22:34)
  - B.1.2. GAAP Ch. 4 Part 3: FAS 60 DAC (23:31)
  - B.1.2. GAAP Ch. 4 Part 4: FAS 60 GAAP Book Profit (9:45)
  - B.1.2. GAAP Ch. 4 Part 5: FAS 60 Recoverability and Loss Recognition Testing (13:40)
  - B.1.2. GAAP Ch. 4 Part 6: FAS 97 LP (24:41)
  - B.1.3. Negative GAAP Term Insurance Reserves (8:14)
  - B.1.4. GAAP Ch. 3, Section 3.7: DAC True-Up (18:35)
  - B.1.5. GAAP Ch. 6 UL Part 1a - Intro to FAS 97 (24:26)
  - B.1.5. GAAP Ch. 6 UL Part 1b - Intro to FAS 97 (12:00)
  - B.1.5. GAAP Ch. 6 UL Part 2 - FAS 97 Benefit Reserve and DAC (26:55)
  - B.1.5. GAAP Ch. 6 UL Part 3 - FAS 97 DAC Unlocking (20:05)
  - B.1.5. GAAP Ch. 6 UL Part 4 - URL (13:44)
  - B.1.5. GAAP Ch. 6 UL Part 5 - SOP 03-1 (27:47)
  - B.1.6. GAAP Ch. 7 Deferred Annuities (Part 1 of 6) (11:01)
  - B.1.6. GAAP Ch. 7 Deferred Annuities (Part 2 of 6) (9:52)
  - B.1.6. GAAP Ch. 7 Deferred Annuities (Part 3 of 6) (12:29)
  - B.1.6. GAAP Ch. 7 Deferred Annuities (Part 4 of 6) (6:07)
  - B.1.6. GAAP Ch. 7 Deferred Annuities (Part 5 of 6) (6:57)
  - B.1.6. GAAP Ch. 7 Deferred Annuities (Part 6 of 6) (5:23)
  - B.1.7. GAAP Ch. 3, Section 3.11 - Sales Inducements (Part 1) (22:31)
  - B.1.7. GAAP Ch. 3, Section 3.11 - Sales Inducements (Parts 2-3) (13:49)
  - B.1.8. GAAP Ch. 8, Section 8.3 - EIAs (Part 1 of 2) (24:03)
  - B.1.8. GAAP Ch. 8, Section 8.3 - EIAs (Part 2 of 2) (14:04)
  - B.1.9. GAAP Ch. 9 Payment Annuities (Part 1 of 3) (12:26)
  - B.1.9. GAAP Ch. 9 Payment Annuities (Part 2 of 3) (10:34)
  - B.1.9. GAAP Ch. 9 Payment Annuities (Part 3 of 3) (10:31)
  - B.1.10. GAAP Ch. 8, Sections 8.1-2 - Variable Products (Part 1 of 4) (11:52)
  - B.1.10. GAAP Ch. 8, Sections 8.1-2 - Variable Products (Part 2 of 4) (11:23)
  - B.1.10. GAAP Ch. 8, Sections 8.1-2 - Variable Products (Part 3 of 4) (17:57)
  - B.1.10. GAAP Ch. 8, Sections 8.1-2 - Variable Products (Part 4 of 4) (27:01)
  - B.1.11. LFV-819: Derivative Accounting and Hedging (Part 1 of 3) (20:09)
  - B.1.11. LFV-819: Derivative Accounting and Hedging (Part 2a of 3) (14:17)
  - B.1.11. LFV-819: Derivative Accounting and Hedging (Part 2b of 3) (19:23)
  - B.1.11. LFV-819: Derivative Accounting and Hedging (Part 3 of 3) (17:11)
  - B.1.12. LFV-100: FAS 133 (8:37)
  - B.1.13. An Approach for Measurement of the FV of Insurance Contracts (Part 1 of 3) (10:49)
  - B.1.13. An Approach for Measurement of the FV of Insurance Contracts (Part 2 of 3) (14:50)
  - B.1.13. An Approach for Measurement of the FV of Insurance Contracts (Part 3 of 3) (9:04)
  - B.1.14. Fair Value Accounting: Trouble-Maker or Life-Saver? (7:45)
  - B.1.15. GAAP Ch. 13 Investment Accounting (Part 1) (27:24)
  - B.1.15. GAAP Ch. 13 Investment Accounting (Part 2) (17:05)
  - B.1.15. GAAP Ch. 13 Investment Accounting (Parts 3-4) (15:02)
  - B.1.16. GAAP Ch. 14 Shadow Adjustments (Part 1 of 2) (13:52)
  - B.1.16. GAAP Ch. 14 Shadow Adjustments (Part 2 of 2) (9:04)
  - B.1.17. ASOP 10 (5:41)
  - B.1.18. LFV-821: Insurance Contract Modifications or Exchanges (14:33)
- B.2 Future US GAAP Standards ...
  - B.2 Video Lesson Handouts (handout)
  - B.2.1. LFV-835 & LFV-839: Targeted Improvements (Parts 1-2 of 5) (20:19)
  - B.2.1. LFV-835 & LFV-839: Targeted Improvements (Part 3 of 5) (12:24)
  - B.2.1. LFV-835 & LFV-839: Targeted Improvements (Part 4 of 5) (7:45)
  - B.2.1. LFV-835 & LFV-839: Targeted Improvements (Part 5 of 5) (5:20)
  - B.2.2. LFV-837: Proposed Changes to US GAAP (Part 1 of 2) (9:41)
  - B.2.2. LFV-837: Proposed Changes to US GAAP (Part 2 of 2) (10:13)
- B.3 IFRS 17 and Related International Standards ...
  - B.3 Video Lesson Handouts (handout)
  - B.3.1. LFV-141: IFRS 17 Effects Analysis, Section 1 (19:33)
  - B.3.1. LFV-141: IFRS 17 Effects Analysis, Section 2a (33:20)
  - B.3.1. LFV-141: IFRS 17 Effects Analysis, Section 2b (6:34)
  - B.3.2. TIA's IFRS 17 Illustrative Example 1 (15:40)
  - B.3.2. TIA's IFRS 17 Illustrative Example 2 (6:12)
  - B.3.2. TIA's IFRS 17 Illustrative Example 3 (4:59)
  - B.3.2. TIA's IFRS 17 Illustrative Example 4 (6:04)
  - B.3.2. TIA's IFRS 17 Illustrative Example 5 (11:09)
  - B.3.3. LFV-141: IFRS 17 Effects Analysis, Section 4 (15:33)
  - B.3.3. LFV-141: IFRS 17 Effects Analysis, Section 6.1-2 (8:43)
  - B.3.4. LFV-825: The long and winding road (1:51)
C. Reinsurance ... lessons ... min of video
- C.1 Reinsurance Methods and Statutory Regulation ...
  - Section C.1 Video Lesson Handouts (handout)
  - Section C.1 Drill Problems (handout)
  - C.1.1. Tiller Ch. 4: Basic Methods (YRT) (24:36)
  - C.1.2. Basic YRT Example (9:57)
  - C.1.3. Tiller Ch. 4: Basic Methods (Coinsurance) (11:05)
  - C.1.4. Basic Coinsurance Example (5:37)
  - C.1.5. Tiller Ch. 4: Mod-co (10:00)
  - C.1.6. Basic Mod-co Example (3:32)
  - C.1.7. Tiller Ch. 5: Advanced Reinsurance (26:16)
  - C.1.8. Advanced Examples at Inception (14:16)
  - C.1.9. Advanced Examples - One Year Later (Part 1) (10:16)
  - C.1.10. Advanced Examples - One Year Later (Part 2) (11:58)
  - C.1.11. Tiller Ch. 5: Special Purpose Vehicles (21:53)
  - C.1.12. Tiller Ch. 6: Assumption Reinsurance (Part 1) (14:59)
  - C.1.12. Tiller Ch. 6: Assumption Reinsurance (Part 2) (7:46)
  - C.1.12. Tiller Ch. 6: Assumption Reinsurance (Part 3) (15:51)
  - C.1.13. Tiller Ch. 7: Reinsurance of In-Force Risks (Part 1) (11:13)
  - C.1.13. Tiller Ch. 7: Reinsurance of In-Force Risks (Part 2) (11:00)
  - C.1.13. Tiller Ch. 7: Reinsurance of In-Force Risks (Part 3) (18:22)
  - C.1.14. Tiller Ch. 8: The Reinsurance Treaty (Parts 1-2 of 5) (20:00)
  - C.1.14. Tiller Ch. 8: The Reinsurance Treaty (Parts 3-4 of 5) (18:11)
  - C.1.14. Tiller Ch. 8: The Reinsurance Treaty (Part 5 of 5) (11:08)
  - C.1.15. Tiller Ch. 11: US Regulation of Reinsurance (Part 1 of 3) (7:45)
  - C.1.15. Tiller Ch. 11: US Regulation of Reinsurance (Part 2 of 3) (24:38)
  - C.1.15. Tiller Ch. 11: US Regulation of Reinsurance (Part 3 of 3) (7:46)
  - C.1.16. Tiller Ch. 13: US Statutory Accounting (14:49)
  - C.1.17. LFV-829 Ch. 13: Reserve Issues in Reinsurance (14:38)
  - C.1.18. Tiller Ch. 17: Non-Proportional Reinsurance (Part 1) (20:47)
  - C.1.18. Tiller Ch. 17: Non-Proportional Reinsurance (Part 2) (8:17)
- C.2. GAAP Accounting for Reinsurance ...
  - C.2 Video Lesson Handouts (handout)
  - C.2.1. GAAP Ch. 17 Reinsurance (Part 1: FAS 113 Overview) (17:02)
  - C.2.1. GAAP Ch. 17 Reinsurance (Part 2: Coinsurance) (20:01)
  - C.2.1. GAAP Ch. 17 Reinsurance (Part 3: ModCo) (16:23)
  - C.2.1. GAAP Ch. 17 Reinsurance (Part 4: YRT) (11:50)
  - C.2.1. GAAP Ch. 17 Reinsurance (Part 5: UL EGPs and SOP 03-1) (15:29)
  - C.2.2. LFV-827: Financial Reinsurance to Address GAAP Earnings Volatility (5:46)
  - C.2.3. ASOP 11 (3:16)
D. Financial Management and Capital Management ... lessons ... min of video
- D.1. Financial Management and Value Creation ...
  - D.1. Video Lesson Handouts (handout)
  - D.1 Drill Problems (handout)
  - D.1.1. LFV-136: LIPF Ch. 11 Profit Measures (10:02)
  - D.1.2. Embedded Value Practice and Theory (Part 1) (28:45)
  - D.1.2. Embedded Value Practice and Theory (Part 2) (20:28)
  - D.1.2. Embedded Value Practice and Theory (Part 3a) (14:37)
  - D.1.2. Embedded Value Practice and Theory (Part 3b) (24:28)
  - D.1.2. Embedded Value Practice and Theory (Part 4) (12:34)
  - D.1.2. Embedded Value Practice and Theory (Part 5) (7:08)
  - D.1.2. Embedded Value Practice and Theory (Part 6) (12:25)
  - D.1.3. LFV-106: Mergers & Acquisitions (Part 1 of 3) (18:07)
  - D.1.3. LFV-106: Mergers & Acquisitions (Part 2 of 3) (22:20)
  - D.1.3. LFV-106: Mergers & Acquisitions (Part 3 of 3) (6:02)
  - D.1.4. LFV-137: EVA/RAROC vs. MCEV Earnings (Part 1 of 5) (7:41)
  - D.1.4. LFV-137: EVA/RAROC vs. MCEV Earnings (Part 2 of 5) (11:02)
  - D.1.4. LFV-137: EVA/RAROC vs. MCEV Earnings (Part 3 of 5) (20:37)
  - D.1.4. LFV-137: EVA/RAROC vs. MCEV Earnings (Part 4 of 5) (11:34)
  - D.1.4. LFV-137: EVA/RAROC vs. MCEV Earnings (Part 5 of 5) (19:03)
  - D.1.5. Strategic Management of Life Insurance Company Surplus (Part 1 of 3) (6:11)
  - D.1.5. Strategic Management of Life Insurance Company Surplus (Part 2 of 3) (12:55)
  - D.1.5. Strategic Management of Life Insurance Company Surplus (Part 3 of 3) (10:40)
  - D.1.6. LFV-138: Stockholders' Equity and Operating Leverage (Additional handout -->) (19:21)
  - D.1.7. LFV-818: Introduction to Source of Earnings Analysis (Part 1 of 2) (18:11)
  - D.1.7. LFV-818: Introduction to Source of Earnings Analysis (Part 2 of 2) (28:55)
  - D.1.8. LFV-818: Illustrative FAS 60 SOE Example (Part 1 of 2) (25:25)
  - D.1.8. LFV-818: Illustrative FAS 60 SOE Example (Part 2 of 2) (16:33)
  - D.1.9. LFV-815: Swiss Re: Understanding Profitability in Life Insurance (34:40)
  - D.1.10. Stochastic Analysis of Long-Term Contracts (Part 1 of 4) (5:44)
  - D.1.10. Stochastic Analysis of Long-Term Contracts (Part 2 of 4) (16:16)
  - D.1.10. Stochastic Analysis of Long-Term Contracts (Part 3 of 4) (7:29)
  - D.1.10. Stochastic Analysis of Long-Term Contracts (Part 4 of 4) (6:32)
- D.2 Capital Management ...
  - D.2 Video Lesson Handouts (handout)
  - D.2 Drill Problems (handout)
  - D.2.1. Economic Capital for Life Insurance Companies (Part 1 of 4) (27:11)
  - D.2.1. Economic Capital for Life Insurance Companies (Part 2 of 4) (6:04)
  - D.2.1. Economic Capital for Life Insurance Companies (Part 3 of 4) (10:11)
  - D.2.1. Economic Capital for Life Insurance Companies (Part 4 of 4) (5:18)
  - D.2.2. Multi-Stakeholder Approach to Capital Adequacy (Part 1 of 2) (16:17)
  - D.2.2. Multi-Stakeholder Approach to Capital Adequacy (Part 2 of 2) (25:54)
  - D.2.3. LFV-807: Market Value Margins (Part 1 of 4) (12:32)
  - D.2.3. LFV-807: Market Value Margins (Part 2 of 4) (15:40)
  - D.2.3. LFV-807: Market Value Margins (Parts 3-4 of 4) (13:05)
- D.3 Other Modeling Topics ...
  - D.3 Video Lesson Handouts (handout)
  - D.3.1. LFV-133: Cluster Analysis (Part 1 of 2) (13:11)
  - D.3.1. LFV-133: Cluster Analysis (Part 2 of 2) (21:26)
  - D.3.2. Model Efficiency Study Results (Part 1 of 4) (17:17)
  - D.3.2. Model Efficiency Study Results (Part 2 of 4) (10:05)
  - D.3.2. Model Efficiency Study Results (Parts 3-4) (15:58)
  - D.3.3. LFV-820 Transamerica Term Life - Understanding Post-Level Experience (19:06)
E. Regulatory and Professionalism Topics ... lessons ... min of video
- E.1. US Regulation & Professionalism Topics ...
  - E.1 Video Lesson Handouts (handout)
  - E.1.1. LFV-804: The NAIC AOMR (7:02)
  - E.1.2. LFV-813 U.S. Insurance Regulation Topics (Part 1 of 2) (22:09)
  - E.1.2. LFV-813 U.S. Insurance Regulation Topics (Part 2 of 2) (8:52)
  - E.1.3. LFV-816: Swiss Re: Regulatory Issues in Insurance (35:21)
  - E.1.4. LFV-834: Regulatory Capital Considerations for U.S. Life Insurance (14:57)
  - E.1.5. LFV-823: ORSA Guidance Manual (10:40)
  - E.1.6. LFV-828: Global Insurance Regulatory Issues (Part 1 of 2) (16:25)
  - E.1.6. LFV-828: Global Insurance Regulatory Issues (Part 2 of 2) (18:07)
- E.2 Communications, Audits, & Actuarial Reviews ...
  - E.2 Video Lesson Handouts (handout)
  - E.2.1. ASOP 41 (8:05)
  - E.2.2. LFV-102: Actuarial Review of Reserves (Part 1 of 2) (14:14)
  - E.2.2. LFV-102: Actuarial Review of Reserves (Part 2 of 2) (27:47)
  - E.2.2. LFV-102: Claim Runoff Test Example (4:29)
  - E.2.3. Actuarial Aspects of SOX (13:54)
  - E.2.4. Responsibilities of the Actuary for SOX (5:36)
  - E.2.5. AAA Model Audit Rule (Part 1) (11:05)
  - E.2.5. AAA Model Audit Rule (Parts 2-3) (21:34)
  - E.2.6. ASOP 21 (13:09)
  - E.2.7. LFV-824: Model Risk Mitigation and Cost Reduction (Part 1 of 2) (5:37)
  - E.2.7. LFV-824: Model Risk Mitigation and Cost Reduction (Part 2 of 2) (15:52)
Supplementary and Review Material ... lessons ... min of video
- Condensed Outline ...
  - 2019 Condensed Outline - All Sections (handout)
- Flashcards ...
  - PDF flashcards sample (sample) (handout)
  - 2019 LFV-U Flash Cards - All Sections (handout)
- Practice Exams ...
  - 100-point LFV-U Practice Exam #1 (handout)
  - 100-point LFV-U Practice Exam #1 Solutions (handout)
  - 100-point LFV-U Practice Exam #2 (handout)
  - 100-point LFV-U Practice Exam #2 Solutions (handout)
  - Additional Exam-Style Practice Problem Set (handout)
- Analysis of Past SOA Exams ...
  - Analysis of Past Exams Spreadsheet (8:18)

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