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Modelling Practice

The Modelling Practice (CP2) subject provides actuaries with more ‘rounded’ skills with regards to communicating and presenting spreadsheet work in a business context. The subject builds on the technical material covered in all the earlier subjects.

The aim of Modelling Practice (CP2) is to develop a student’s ability to model data, document the work (including maintaining an audit trail for a fellow student and senior actuary), analyse the methods used and outputs generated and communicate to a senior actuary the approach, results and conclusions.

Modelling Practice (CP2)

Core Practices

CP2 builds on material covered in earlier subjects and seeks to equip a student with more ‘rounded’ business skills and the prime emphasis is on good communication when using and presenting spreadsheet work.

Exam format:
2 x computer-based exams using Excel, 3 hours and 15 minutes each
Recommended study hours: