Multi-state mortality models, fractional age assumptions, and select and ultimate tables for advanced applications.
These are the key learning objectives for Advanced Mortality Models on SOA Exam ALTAM. Paraphrased from the public SOA syllabus — we recommend also checking the current syllabus on soa.org before your exam sitting.
Apply multi-state models with transitions between active, disabled, and dead states
Compute probabilities under different fractional age assumptions
Use advanced select mortality tables for pricing and reserving
Upload your ACTEX Exam ALTAM digital edition, scanned ASM pages, TIA handouts, or your own notes. exclam.ai extracts the Advanced Mortality Models sections and generates flashcards automatically.
Generate multiple-choice quizzes specifically on Advanced Mortality Models. Weak questions get re-surfaced until you get them right consistently.
Because Advanced Mortality Models is 15–25% of your exam, losing it during review costs you. FSRS brings it back at the optimal moment.
SOA Exam ALTAM has 5 topic areas. Advanced Mortality Models is weighted at approximately 15–25% of the exam — here is where it sits relative to the other topics.
| Topic area | Weight |
|---|---|
| → Advanced Mortality Models | 15–25% |
| Advanced Life Insurance and Annuity Pricing | 20–30% |
| Reserves and Risk Management | 15–25% |
| Pensions and Retirement Benefits | 15–20% |
| Health Insurance | 15–20% |
Gross premium pricing, profit testing, embedded value calculations, and universal life product pricing.
Policy reserves under different regulatory frameworks, deferred acquisition costs, and risk management strategies.
Pension plan valuation, funding methods, and accounting for post-employment benefits.
Pricing, reserving, and risk management for long-term health insurance and long-term care products.
Upload your ACTEX Exam ALTAM digital edition, scanned ASM pages, TIA handouts, or your own notes. exclam.ai generates a fully guided study plan with adaptive flashcards and quizzes for this topic.