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CAS Exams 3L and 3F, and Joint Exams MLC and MFE, Summaries of Credit and Risk Management

Paul H. Johnson, Jr. earned a PhD in Actuarial Science, Risk Management and Insurance from the University of Wisconsin-Madison in 2008.

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Midwestern Actuarial Forum Exam Review Seminars
Fall 2012 – CAS Exams 3L and 3F, and Joint Exams MLC and MFE
Registration Form
The Midwestern Actuarial Forum is pleased to offer seminars for the benefit of students sitting for CAS/SOA
Examination Parts 3L/3F/MFE/MLC in the Fall of 2012. The MAF is dedicated to providing high quality
seminars with specific attention to the needs of the individual student. Our instructors are experienced in the art
of exam seminars and have fine-tuned their materials and presentation to reflect the 2012 syllabus.
The seminars will be held at CNA Insurance Company (333 S Wabash Ave, Chicago, IL 60604),
conveniently located near Chicago’s O’Hare and Midway International Airports in downtown Chicago.
Check Seminar Registration Max.
Box Part Dates
Fees
SOA
EXAM
Fees
CAS
EXAM Deadline Class Size Instructors
3F/MFE
Sept 7 – Sept 9 $435 $435 Aug 20 45 Howard Mahler
3L
Mahler portion only Sept 10 – Sept 11 $290 Aug 20 45 Howard Mahler
3L
Johnson portion
only Sept 12 – Sept 14 $435 Aug 20 45 Paul Johnson
MLC
Sept 12 –
Sept 17 (noon) $965 Aug 20 45 Paul Johnson
3L Total
Sept 10 – Sept 14 $725 Aug 20 45 Paul Johnson
Howard Mahler
Paul Johnson
MFE/MLC
Total
Sept 7 – Sept 9 Sept 12 –
Sept 17 (noon) $1300 Aug 20 45 Howard Mahler
3F/3L
Total
Sept 7 – Sept 14 $1100 Aug 20 45 Paul Johnson
Howard Mahler
Important: Each seminar day from September 7th – 16th starts at 8am and ends at 5pm
The September 17th seminar day starts at 8am and ends at Noon
Name:
E-Mail (REQUIRED):
Employer’s Name:
Mailing Address:
City, State, Zip:
Daytime Phone:
Method of Payment (circle one): Credit Card / Check
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Midwestern Actuarial Forum Exam Review Seminars

Fall 2012 – CAS Exams 3L and 3F, and Joint Exams MLC and MFE

Registration Form

The Midwestern Actuarial Forum is pleased to offer seminars for the benefit of students sitting for CAS/SOA Examination Parts 3L/3F/MFE/MLC in the Fall of 2012. The MAF is dedicated to providing high quality seminars with specific attention to the needs of the individual student. Our instructors are experienced in the art of exam seminars and have fine-tuned their materials and presentation to reflect the 2012 syllabus.

The seminars will be held at CNA Insurance Company (333 S Wabash Ave, Chicago, IL 60604) , conveniently located near Chicago’s O’Hare and Midway International Airports in downtown Chicago.

Check Seminar Registration Max. Box Part Dates

Fees SOA EXAM

Fees CAS EXAM Deadline^ Class Size^

Instructors

3F/MFE Sept 7 – Sept 9 $435 $435 Aug 20 45 Howard Mahler

3L Mahler portion only

Sept 10 – Sept 11 $290 Aug 20 45 Howard Mahler

3L Johnson portion only

Sept 12 – Sept 14 $435 Aug 20 45 Paul Johnson

MLC (^) Sept 17 (noon)Sept 12 – $965 Aug 20 45 Paul Johnson

3L Total Sept 10 – Sept 14 $725 Aug 20 (^45) Howard MahlerPaul Johnson

Paul Johnson MFE/MLC Total

Sept 7 – Sept 9 Sept 12 – Sept 17 (noon) $1300^ Aug 20^45 Howard Mahler

3F/3L Total Sept 7 – Sept 14^ $1100^ Aug 20^45

Paul Johnson Howard Mahler

Important: Each seminar day from September 7th – 16th starts at 8am and ends at 5pm The September 17th seminar day starts at 8am and ends at Noon

Name:

E-Mail (REQUIRED):

Employer’s Name:

Mailing Address:

City, State, Zip:

Daytime Phone:

Method of Payment (circle one): Credit Card / Check

Steps to register:

(1) Complete the registration form. Make sure to check-mark the seminar for which you want to register in the left-hand box, and identify your payment method by circling either “Credit Card” or “Check.”

(2) Regardless of payment method, send the completed registration form to J.J. Ihrke, via e- mail, at JIHRKE@travelers.com. (The completed form can be scanned and attached, or the relevant registration information can be copied into the body of the message.)

(3) If you wish to pay by credit card, you will receive an e-mail message which will provide you with further payment instructions via PayPal.

(4) In the event that payment is to be made via check, please use the following in addition to sending the key information above via e-mail (please note that all payments must be made in U.S. dollars and drawn from a U.S. bank):

Make check payable to: “Midwestern Actuarial Forum”

Mail to: J.J. Ihrke Travelers Insurance Companies, Inc. MC/SB05N 385 Washington Street Saint Paul, MN 55102

Please note that we cannot hold a space for you until we receive your payment. Seminars are subject to cancellation in the event of insufficient enrollment.

If you have any questions, please contact to J.J. Ihrke, at JIHRKE@travelers.com.

Student Fee Discount : Full-time students can qualify for a 25% discount on the above-listed fees, upon proof of full-time-student status.

MAF Refund Policy : Full refund of the seminar fee, except for a $50 administrative fee and the cost of any seminar materials already sent, is available by contacting J.J. Ihrke prior to the seminar date.

Seminar Overview – 3L/3F/MFE – Remainder of Syllabus: Howard Mahler will lead this session, covering Financial Economics, Statistics and Stochastic Models (CAS).

 Financial Economics (Joint Exam 3F/MFE): September 7th^ – 9th  Statistics and Stochastic Models (3L): September 10th^ – 11th

All of the material will be covered thoroughly, with an emphasis on material that is most likely to be asked on the exam. Theory will be illustrated throughout with numerous numerical examples, practice problems, and past exam questions. Slides of Mr. Mahler's presentation will be provided to students in advance in electronic form. Ample time will be available for student/instructor interaction.

Study Guides: It is highly recommended that attendees purchase Mahler’s Guides, "Mahler's Guide to Financial Economics" for MFE/3F and "Mahler's Guides to CAS 3L". These study guides are sold separately and are available through the Actuarial Bookstore and ACTEX/Mad River Books. Mr. Mahler will be teaching from them during his portions of the seminar.

Prof Johnson recommends Life Contingencies: A Logical Approach to Actuarial Mathematics by Prof Batten. For those taking Exam MLC only, the 2012 Exam MLC ASM study guide by Abraham Weishaus is also recommended. Both are available through the Actuarial Bookstore and ACTEX/Mad River.

HOTEL/TRANSPORTATION ACCOMMODATIONS

There are several options for hotel accommodations and other traveling necessities within the downtown Chicago location.

Transportation: Taxi rates from O’Hare and Midway will run approximately $40. EL train rates to downtown Chicago from both airports are available for under $5 each way and passes can be purchased at the airport:  Orange Line from Midway; State/Van Buren stop  Blue Line from O’Hare; Jackson stop  www.transitchicago.com/riding_cta/systemguide/

Hotels: Hotels are plentiful within walking distance of the seminar location. CNA has allowed for their negotiated hotel rates to be used for the seminar. Simply call the hotel and ask for the CNA rate. Also, hotel rates in downtown Chicago vary widely based on availability so please check travel websites as well. Below is a list of hotels with their CNA negotiated rate (rates referenced are valid for September 7 -17) and are in close proximity to CNA:

The Silversmith Hotel 10 South Wabash 145 Congress Plaza Hotel at Grant Park 520 South Michigan 170 Central Loop Hotel 111A West Adams 171 Wyndham Blake Chicago 500 S Dearborn 213 La Quinta Inn One South Franklin 229 Hard Rock Hotel 230 N Michigan 239 The Palmer House Hilton 17 East Monroe 299