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:
- Models
- Investment guarantees
- Options
- Reinsurance
- Underwriting
- Actuarial funding
- Unit pricing
- Surrenders and alterations: non-profit contracts
- Product design
- Reserving
- Setting assumptions
- Risk discount rate
- Monitoring experience
Detailed Information
Pre-requisites: none.
Location: Edinburgh.
Further information:
SCQF Level: 11.