2020 Spring - Group & Health Exam Sorters and Graders - 2

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Signup Deadline: 06-29-2020
Starts: 06-30-2020
Ends: 06-30-2020

Description:


How does this role benefit the work of the organization and the profession?

This role supports the education and credential activities of the SOA, continually developing pertinent content, both foundational and advanced, to ensure the integrity of the SOA’s credentials.

Description

*If you have submitted an application for the initial Spring 2020 volunteer opportunity and have been contacted by George Wang to confirm your availability, please DO NOT respond to this opportunity again. 

The SOA is looking for actuaries with experience in Group & Health or related areas to sort and/or grade exam papers for:

  • Group & Health Specialty Exam
  • Group & Health Finance and Valuation Exam
  • Group & Health Design and Pricing Exam 

*You will select one G&H exam that you prefer to sort/grade for within the application form.

*You can either be a Sorter or Grader, but not both. 

Responsibilities & Duties

  • Maintain confidentiality in accordance with the SOA Education Confidentiality Agreement.
  • Sorting/Grading process starts with the SOA mailing sorting/grading packages to each Sorter/Grader with overnight delivery on Friday, July 31st, 2020.
  • Sorting:
    • Each Sorter will be given 3 to 4 questions to sort, so 60 to 80 exam papers in total to review. For each paper, the Sorter is asked to assess the quality of the candidate’s answer as “definite pass”, “marginal pass”, “Marginal fail” or “definite fail”.
    • Sorters are asked to submit sorting results by Sunday, August 16th.
    • No travel is involved for Sorters.
  • Grading:
    • Each Grader will grade approximately 1-2 exam questions; the Grader will grade 10 common questions independently and then review them with their grading partner(s) to ensure consistency in grading. Then the Grader will continue to grade their remaining questions on their own.
    • Graders are asked to complete and submit their first round of grading results by Sunday, August 16th.
    • Papers that need to be graded a second time must be completed before or at the virtual Central Grading meeting. 
    • Virtual Central Grading meetings are scheduled between Saturday, August 22 and Monday, August 24. More details (such as exact timing, format, technology, etc.) will be available shortly.
    • There will be NO travel requirement for Graders.

Time Commitment

  • Sorters generally sort 3-4 exam questions.
  • Sorters generally take about 10 hours to sort their questions.
  • Graders generally grade 1-2 exam questions.
  • Graders generally take about 10 to 20 hours to grade their question.

 Experience Required

  • Must be FSA
  • Must have expertise in at least part of the Group and Health exam syllabus
  • Individuals pursuing their CERA designation are ineligible to volunteer for G & H Exam activities

 Opportunity Location

US and Canada Only 

Travel Required

  • No travel requirement for this opportunity 

SOA Training Required

Inexperienced graders will be mentored by experienced graders on how to grade. There is a webinar offered by the SOA a few weeks before the grading process begins for less-experienced graders. 

Primary Area of Practice

Health

Qualifications:

Academic/Education
Accounting and Finance
Annuities
Audit
Capital Management
Catastrophe
Commercial Lines
Disability Income Insurance
Distribution
Employee Health Benefits
Financial Reporting
General Insurance/Property Casualty
Health
Health Insurance - Commercial
Health Insurance – Public Systems
Investment and Asset Liability Management
Investments
Liability Insurance
Life
Life Insurance
Long Term Care Insurance
Marketing
Not applicable
Other
Other Post-Employment Benefits
Personal Lines
Predictive Analytics
Private Sector - Pension
Product Pricing/Development
Property Insurance
Provider Systems
Public Sector - Pension
Public Systems/Social Insurance
Regulatory
Reinsurance
Research
Retirement
Risk Management
Risk Management
Specialty Lines
Taxation
Underwriting
Valuation/Reserving
Workers Compensation Insurance

Contact:

SOA Volunteer
Society of Actuaries