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Is someone allowed to be an AA if in the last 6 years they have 3 years of Pricing experience in Canada, and 1 year of valuation experience solely in the US?
No, it needs to be one year valuing canadian liabilities
On the battle card it says:
Just to clarify do you need 1 year of valuation experience or 1 year of reserving experience.
Although its similar its not exactly the same thing. Reserving is more meant for paying off future claims and valuation is more for reporting.
Valuation and reserving can be used interchangeably here. A valuation actuary is a reserving actuary and vice versa
Comments
No, it needs to be one year valuing canadian liabilities
On the battle card it says:
Just to clarify do you need 1 year of valuation experience or 1 year of reserving experience.
Although its similar its not exactly the same thing. Reserving is more meant for paying off future claims and valuation is more for reporting.
Valuation and reserving can be used interchangeably here. A valuation actuary is a reserving actuary and vice versa