Actuarial Pension Valuation-Acceptable Work Experience?

CFA General
#21

IheartMath, After you value the liabilities and send a report to your client, I assume the client will use your report to allocate assets to fund the liablities. Without proper understanding of the pension liablities a firm cannot allocate assets effectively right? So you have played your part in the investment process. When you write about your experience focus on how your valuation helped the client to fund the liabilities.

#22

Ah, very good point - The valuation process adds value to investment decision making if I word it like that. Thanks for your input!

#23

i worded is similarly. i described how pension liabilities are now on the balance sheet and how that impacts WACC and debt ratios etc. Still they didnt approve it.

#24

well, if you said you already had your charter - I’m guessing you submitted work experience a while ago. The other 2 people in this forum received correspondence late in '08 - hopefully they give me some input in this thread. (please!)

#25

^^^^^^^^^^^^^^^^^^^^ just use the sentence “report helped the client in allocating assets to fund the pension liabilities”. I got my Charter in Nov 2008 so CFAI was accepting that explanation till last year. I think you should be fine.

#26

http://www.cfainstitute.org/cfaprog/charterholder/membership/work_descriptions.html

#27

thanks guys!

#28

thanks guys!