Course co-ordinator(s): Gavin Reid (Edinburgh).
Aims:
The aims of this course are to:
- introduce the principles of actuarial planning and control within life insurance companies; and
- apply this knowledge and understanding to practical situations in life insurance.
Summary:
- Life office balance sheet
- Asset share
- Policy values
- Strain, surplus and profit
- Analysis of surplus
- Assets
- Bonus and cost of bonus
- Life insurance products
- General business environment
- Sources of risk
- Risk management
Detailed Information
Pre-requisites: none.
Location: Edinburgh.
Further information:
SCQF Level: 11.