Who/When
Who are subjected to SOA CPD requirement?
ASA, FSA and CERA
How many minutes are equal to one credit?
50 minutes.
Does the SOA Member Directory show the compliance status of members?
Yes
How long is a reporting cycle for CPD?
How many CPD credits are required for each reporting cycle?
60 credits
Who created the CPD Tracker Tool?
SOA
A person earned his ASA credential in spring 2014. At what year was he required to begin earning CPD credits?
2015
What is the definition of structured credit?
Structured credit is any organized activity or any experience which is derived from an organized activity in which there is an opportunity for interaction among participants.
Do you have to stay compliant to CPD requirement?
No
The current year is 2018.
Person A is still studying for exams and has not got any credential yet.
Person B earned ASA credential in 2018.
Person C has been an FSA for 5 years.
How many people are subjected to reporting at the end of 2018?
One (Person C)
Is professionalism credit a part of job-relevant credit portion?
Yes
What do you need to pay attention to if your status is Non-compliant?
You must inform anyone relying on your actuarial expertise that you have not met the SOA CPD requirement.
The current year is 2018. Assume the traveling time from ASA to FSA is at least 2 years.
Person A earned CERA credential in 2017. He/she doesn't have any other SOA credential.
Person B earned FSA credential in 2018.
Person C has been an FSA for 5 years.
How many people are subjected to reporting at the end of 2018?
Two (Person B and Person C)
List 10 ways you can do to fulfill the CPD requirement.
Taking FSA exams
Taking FSA modules
Attending FAC
Attending Actuarial Conference/Seminar
Joining Webinar
Studying for exams/modules
Volunteering with actuarial organization
Reading books/ASOP/Code of Conduct
Working on projects
Present at an actuarial conference
The current year is 2018.
When does the Online Attestation start and when does it end?
It starts on November 1st 2018 and ends on March 1st 2019.
List all the actuaries in Ô office that are subjected to CPD reporting at the end of 2018.
Six (A Nhon, A Nam, Lin, A Trieu, DM, Viet)