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.
Exam format: 2 x computer-based exams (Word), 3 hours and 20 minutes each

1. Meant for students aspiring to do exceedingly well in paper CP2
2. Subjects covered Financial Mathematics,Basic Statistics ,Life Insurance Prodcucts, Genera; Insurance, Modelling techniques and MS Excel.
3. Curriculum designed by All India Toppers and professionals having experience of working in Life Insurance Sector covering all topics under IFOA/IAI Syllabus
4. Focus on understanding the basics by connecting theory with real-life applications followed by problem solving of different patterns using innovative tools and technique