Overview
Offerings
Requisites
Rules
Contacts
Chief Examiner(s)
Learning outcomes
calculate, using ultimate or select mortality, net premiums and net premium reserves for increasing and decreasing benefits and annuities
develop techniques for the valuation of annuity and assurance products involving two lives, and the use of actuarial functions in that situation
develop methods which can be used to model cash flows contingent upon competing risks
use the technique of discounted emerging costs as used in profit tests, pricing assessments and reserving calculations for various insurance and pension products
address practical issues such as guarantees and options, risk classification and the effects of the pricing and reserving basis on the emergence of profit.
Teaching approach
Assessment
Scheduled and non-scheduled teaching activities
Workload requirements
Other unit costs
Costs are indicative and subject to change.
Electronics, calculators and tools: $40