C90.02 - Study Material - Cloud Technology Concepts

SOA C90.02 is a certification exam for the Society of Actuaries (SOA) that tests a candidate's knowledge of the principles of enterprise risk management. The exam covers topics such as risk identification, risk assessment, risk management strategies, and risk monitoring and control.

The duration of the SOA C90.02 exam is two hours.

There are a total of 60 questions on the SOA C90.02 exam.

The passing score for the SOA C90.02 exam is 70%.

The SOA C90.02 exam requires a Competency Level of Intermediate.

The C90.02 exam has two types of question formats: multiple choice and drag-and-drop.

The SOA C90.02 exam can be taken either online or in a testing center. To take the exam online, you must register with the Society of Actuaries and purchase the exam. Once you have purchased the exam, you will be given access to the online exam platform and will be able to take the exam at your convenience. To take the exam in a testing center, you must find a testing center that is authorized to administer the exam and register for the exam. You will then be given a date and time to take the exam at the testing center.

The SOA C90.02 exam is offered in English only.

The cost of the SOA C90.02 exam is $225 USD.

The target audience of the SOA C90.02 Exam is actuaries who are involved in the development, implementation, and administration of life insurance products. This includes individuals who are pursuing the Fellowship designation through the Society of Actuaries and who have an understanding of the principles of life insurance and the ability to apply these principles to the development, implementation, and management of life insurance products.

The average salary for someone with a SOA C90.02 certification varies depending on the individual's experience, location, and job title. Generally speaking, however, the average salary for someone with this certification is around $90,000 per year.

The International Software Testing Qualifications Board (ISTQB) is the only organization that provides certification for the SOA C90.02 exam. The exam is administered by accredited training providers.

The recommended experience for the SOA C90.02 exam is a minimum of two years of full-time actuarial work experience in the area of life insurance, preferably with some experience in modeling and pricing. Candidates should also have a thorough knowledge of basic actuarial techniques, including the ability to interpret and apply valuation formulas and tables.

The prerequisite for the SOA C90.02 exam is to have passed the SOA C90.01 exam. Candidates must also have a minimum of 5 years of experience in the field of actuarial science and should have earned an Associate of the Society of Actuaries (ASA) designation.

The official website to check the expected retirement date of SOA C90.02 exam is https://www.soa.org/exams/retirement-dates/.

The certification track/roadmap SOA C90.02 Exam is a professional certification program offered by the Society of Actuaries (SOA). It is designed to provide actuaries with the knowledge and skills necessary to become a Certified Professional Actuary (CPA). The C90.02 Exam is the final exam in the track and covers topics such as pension and retirement plans, health care plans, and financial planning. Successful completion of the exam will earn an individual the CPA designation, which is recognized by employers around the world.

The SOA C90.02 exam covers the following topics: 1. Financial Mathematics: This topic covers the mathematical concepts and techniques used in the financial industry, such as present value, annuities, and amortization. 2. Interest Theory: This topic covers the principles of interest, such as the calculation of interest rates, yield curves, and duration. 3. Risk Management: This topic covers the principles and techniques used to manage risk, such as risk assessment, hedging, and diversification. 4. Asset Pricing: This topic covers the principles and techniques used to price assets, such as the capital asset pricing model and the arbitrage pricing theory. 5. Derivatives: This topic covers the principles and techniques used to price and manage derivatives, such as options, futures, and swaps. 6. Investment Management: This topic covers the principles and techniques used to manage investments, such

1. What is the purpose of the Service Component Architecture (SCA) in SOA? 2. What are the benefits of using the Service Component Architecture (SCA) in SOA? 3. What are the key components of an SCA-based SOA architecture? 4. What are the different types of services that can be implemented using SCA? 5. How does the SCA framework enable service reuse? 6. What are the different types of bindings supported by the SCA framework? 7. What are the different types of policies that can be used to control service interactions? 8. How does the SCA framework facilitate service composition? 9. What are the different types of service orchestration that can be implemented using SCA? 10. What are the best practices for developing and deploying services using the SCA framework?

The difficulty level of the SOA C90.02 exam is considered to be moderate.