Dr. Weishaus is the author of the ASM manual for Exam C/Exam 4 and also teaches a university course for this exam.

Description of Manual

This manual offers comprehensive coverage of the syllabus for SOA Exam C and CAS Exam 4. In its 56 lessons, the following topics are reviewed:

• Parametric distributions
• Risk measures
• Coverage modifications, including deductibles, claims limits, coinsurance, and inflation
• Discrete distributions
• Compound models
• Aggregate deductibles
• Empirical estimators, including ogives, product-limit and Nelson-Aalen
• Kernel smoothing
• Parametric estimation, including method of moments, percentile matching, and maximum likelihood
• Hypothesis testing
• Limited fluctuation credibility
• Bayesian credibility
• Buhlmann credibility
• Empirical Bayes methods
• Simulation using the inversion method
• Bootstrap approximation

The manual has about 1200 pages, about 200 examples, and about 1200 end-of-lesson exercises, including both original and old exam questions, many of them taken from pre-2000 exams, which are not easily available, all with worked out solutions. In addition to these exercises, there are ten full-length (35-question) practice exams. An appendix has a cross reference to help you track down lessons corresponding to published 2000 and later exam questions, and there is an index. Many students have found this manual adequate by itself for exam preparation, but the Klugman textbook for the exam, as well as the other text options where available, are referenced in each lesson if you wish to use them.

for Spring 2010

A number of improvements have been made in the 10th edition and all known errata have been corrected.

Description of Manual -
Supplement to Exam C/4 Manual

This supplement is for owners of the 8th and earlier editions of the Exam C/4 manual. If you have the 9th or 10th edition, you do not need this supplement. It includes the additional material added to the syllabus in 2009, the rewritten sections for the Risk Measures material (lessons 24 and 56) and the three practice exams that were added to the 9th edition. Corrections of all known errata have been made in the second edition.