Thread: CAS*or SOA-GI ?
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Old 04-06-2014, 01:30 PM
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bdschobel bdschobel is offline
Past SOA President
Join Date: May 2004
Location: Winter Garden, FL
Studying for FSA '76
College: MIT '74
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Originally Posted by Falafel View Post
Again, I have to believe that a significantly large portion of an actuary's competence comes from experience, and little is directly attributable to the exams. This would make me think that insurers, not the CAS, are producing competent actuaries, the same way large investment banking firms produce competent investment bankers.

Do you agree with that?
To an extent. But the CAS certifies their competence in a way that the SOA may be unable to do. Just as an example, who will the SOA get to grade its Fellowship exams in the GI track? Without competent graders, how will they produce competent Fellows? I could go on and on.

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