NCCI.ExperienceRating

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Reading: National Council on Compensation Insurance, Experience Rating Plan Manual for Workers Compensation and Employers Liability Insurance.

Synopsis: To follow...

Study Tips

To follow...

Estimated study time: NNN (not including subsequent review time)

BattleTable

Based on past exams, the main things you need to know (in rough order of importance) are:

Questions are held out from most recent exam. (Use these to have a fresh exam to practice on later. For links to these questions see Exam Summaries.)
reference part (a) part (b) part (c) part (d)
E (2016.Fall #10) Experience Modification
- calculate


E (2014.Fall #10) Experience Concepts
- evaluate proposed change
Experience Concepts
- apply to scenario
E (2014.Fall #11) Ballast & Weight
- explain assumptions
Ballast & Weight
- critique assumptions
Evaluate Plan
- discuss method
Competitive Markets
- evaluate in context
E (2012.Fall #13) Stability Processes
- evaluate in scenario
Stability Processes
- critique
E (2011.Fall #12) NCCI Plan Changes
- discuss impacts

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In Plain English!

Overview

Alice: "The National Council on Compensation Insurance (NCCI) has a strict copyright policy on the materials they provide in the CAS study kit. What follows here is our interpretation of these materials for the purposes of helping you learn the content of the NCCI Experience Rating Plan to get you through the CAS exam. As such, we'll provide any figures you require but they may not match those available in the latest study kit or NCCI manual. Nor is there any guarantee this material exhaustively covers the manual. Lastly, please remember this material is for exam purposes only — you shouldn't use this wiki article for work purposes!"

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