GI 101 Ratemaking and Reserving
The Ratemaking and Reserving course is the first part of the two-course sequence in the General Insurance practice area.
Course Learning Objectives
Upon successful completion of GI 101 Ratemaking and Reserving, you will understand the following learning objectives:
- The key considerations for and key concepts underlying general insurance actuarial work;
- Demonstrate the ability to prepare claims and exposure data for general insurance actuarial work;
- How to calculate and evaluate projected ultimate values;
- Financial reporting of claim liabilities with respect to unpaid unallocated loss adjustment expenses;
- Trending procedures as applied to ultimate claims, exposures and premiums;
- How to apply the fundamental ratemaking techniques of general insurance; and
- Define an approach for actuarial analyses supporting financial reporting and ratemaking analyses under various real-life scenarios. The candidates will be able to define funding requirements for self-insurers.
How Should I Study?
As part of the evolution of the FSA pathway, the SOA is committed to improving your learning experience through better source materials. To study for GI 101 Ratemaking and Reserving, start with the syllabus and continue with the other materials, including the course strategy guide.
Syllabus Materials
- Syllabus with Learning Objectives/Outcomes and Readings – Nov 2025/Mar 2026/Jul 2026
- Course Strategy Guide – Nov 2025/Mar 2026/Jul 2026
- Introductory Study Note – Nov 2025
- Case Study - this course has no case study
Syllabus Updates
- Any updates to the current syllabus will be posted here
Books and Study Notes
Supplemental Study Materials
- GI 101 Relevant Past Exam Questions and Solutions (Available July 2025)
- GI 101 Guided Examples with Solutions (Available July 2025)
- Past Exam Questions and Solutions
- Study Methods