以下则是高顿网校小编为您整理的一套SOA精算师考试——北美真题Course8IU（4）大纲，很不错吧。
　　13.(13points)YourcompanyisproposingtoofferanewflexiblepremiumULproductin
　　theCanadianmarketwiththefollowingfeatures:
　　?Theintroductorycreditedinterestrateis12%andisguaranteedforthefirst
　　12months.
　　?Thecreditedrateafterthefirst12monthsisbasedononeoftwooptions:
　　-Thereturnonfixedincomeassets,or
　　-AnequityindexbasedontheS&P500.
　　?Commissionof60%onallpremiumspaidinthefirstyear.
　　?Productionbonusof100%onfirstyearcommissionearned.
　　?Therearenocommissionchargebacks.
　　?Surrenderchargesapplyforthefirst10years.
　　?Everyfiveyears,acontingentbonusof1%ofaccountvalueispaid,provided
　　theaveragecreditedratehasexceeded4%overthelifeofthepolicy.
　　(a)(4points)
　　(i)Describeeachofthefollowingprohibitedsalespractices:
　　?Misrepresentation
　　?Twistingandchurning
　　?Rebating
　　(ii)Evaluatetheexposureoftheproposedproducttoeachofthesepractices.
　　(b)(1point)ExplaintheadvantagesanddisadvantagesofflexiblepremiumUL
　　comparedtofixedpremiumUL.
　　(c)(4points)Determinetheimpactonlapsationforpolicieswiththefixedincome
　　creditingoptionunderadecliningreturnscenario,assumingthecreditedrateis:
　　(i)Theearnedratelessatargetedspread.
　　(ii)Themarketratelessatargetedspread.
　　(d)(4points)ExplainthefactorsusedtodeterminetheamountofDACamortization
　　inthefirstpolicyyearforthisULproductwithrespecttoU.S.GAAP.
　　Course8I:Fall2005-5-GOONTONEXTPAGE
　　IndividualInsurance–U.S.
　　AfternoonSession
 
　　14.(12points)ABCLifecurrentlysellsaguaranteed,10-yearlevelpremiumtermproduct
　　intheU.S.market.Aftertheinitial10-yearperiod,coverageisannuallyrenewable.
　　Recentsalesresultshavebeendisappointing.ABCisdevelopinganindeterminate
　　premiumversiontoreplacethecurrentproduct.Underthenewdesign,premiumrates
　　willbeguaranteedforthefirsttwoyearsofthecontract.
　　(a)DescribethetypesofproductinnovationsasoutlinedinLOMA.
　　(b)Withrespecttoindeterminatepremiumtermproducts:
　　(i)Describetheproductdesign.
　　(ii)Explaintheadvantagesanddisadvantagescomparedtoaguaranteed
　　premiumproductdesignfromthecompany’sperspective.
　　(c)ABChasnomortalityexperienceforanindeterminatepremiumproduct.
　　DescribefactorsABCneedstoconsiderinusingitsownexistingmortalitydatato
　　setthemortalityassumptionusedtopricethenewproduct.
　　(d)Describethefollowingmethodsofcalculatingreservesforrenewableterm
　　products:
　　(i)Unitarymethod.
　　(ii)ContractSegmentationmethod.
　　Course8I:Fall2005-6-GOONTONEXTPAGE
　　IndividualInsurance–U.S.
　　AfternoonSession
 
　　15.(8points)
　　(a)Describethefollowingmethodsofmatchingassetsandliabilities.
　　(i)Exactmatching,
　　(ii)Durationmatching,
　　(iii)Horizonmatching,and
　　(iv)Productcashflowmatching.
　　(b)Youaregiven:
　　TimeLiabilityCashFlow
　　125
　　225
　　3100
　　4100
　　50
　　60
　　Calculatethemodifieddurationandconvexityoftheliabilitycashflowsusingan
　　interestrateof7%.Showallwork.
　　(c)Theinvestmentdepartmentsuggestsanassetportfoliowithmodifiedduration
　　equaltotheliabilitycashflowmodifiedduration,withthefollowingassetcash
　　flows:
　　TimeAssetCashFlow
　　14.68
　　20.32
　　3234.07
　　40.32
　　50.00
　　610.72
　　(i)Evaluatetheeffectivenessofusingtheproposedassetportfolioto
　　immunizetheliabilitycashflows.
　　(ii)Describewaystoimprovetheassetandliabilitymatchingforthis
　　portfolio.
　　Showallwork.
　　Course8I:Fall2005-7-GOONTONEXTPAGE
　　IndividualInsurance–U.S.
　　AfternoonSession
　　高顿网校之名人话语：社会犹如一条船，每个人都要有掌舵的准备。——易卜生