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ASM’s Exam MLC manual offers comprehensive coverage of the syllabus for SOA Exam MLC. In its 65 lessons, the following topics are reviewed:
Survival distributions and life tables
Insurances
Annuities
Premiums
Reserves
Markov chain models
Models for multiple decrements
Models for multiple lives
Interest rate risk
Profit measures
Universal life
The 12th edition of the manual has over 1500 pages and over 1500 end-of-lesson exercises, including over 575 original and 925 old exam questions, plus over 280 examples and 90 in-lesson exercises. In addition to these exercises, there are twelve full-length (25-question) practice exams. An appendix has a cross reference to help you track down lessons corresponding to the SOA 300 sample questions and questions from released exams 2000 and later, and there is an index. Many students have found this manual adequate by itself for exam preparation, but the two alternative textbooks for the exam are referenced in each lesson if you wish to use them.
New for Spring 2013
The most important changes are:
Addition of solutions to relevant November 2012 CAS 3L questions and new SOA sample questions.
Reorganized practice exams
Expansion of some sections in light of new sample questions
AUTHOR INFORMATION:
Formerly financial reporting actuary for Guardian Life Insurance Company. Served on the SOA’s Education and Examination Committee for 11 years. Taught exam preparation courses for the Actuarial Society of Greater New York (ASNY) for 15 years and for CAMAR for 6 years. Currently is an adjunct professor at Columbia University and teaches exam preparation courses at St. Johns University.
Visit for more information and errata
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