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Curricular information is subject to change
The student will understand how actuaries maintain the solvency of companies and schemes advised by them, which is the first step in actually being able to advise such a firm or scheme. They will know to tools and techniques to apply and the key management decisions that must be made. They will be able to work with inaccurate models, and update and develop them as required by circumstances.
Indicative Module Content:Review of the Actuarial Control Cycle & Risk Measuring and Monitoring
Monitoring the Emerging Experience: Data, Mortality & Morbidity, Expenses
Surplus and the Analysis of Surplus
Markets for Transferring Risk
Communicating Risk
Case Studies
Student Effort Type | Hours |
---|---|
Lectures | 24 |
Tutorial | 10 |
Autonomous Student Learning | 100 |
Total | 134 |
Not applicable to this module.
Description | Timing | Component Scale | % of Final Grade | ||
---|---|---|---|---|---|
Examination: Final semester examination of 2 hours with requirement to attempt all questions. | 2 hour End of Trimester Exam | No | Graded | No | 100 |
Resit In | Terminal Exam |
---|---|
Summer | Yes - 2 Hour |
• Feedback individually to students, post-assessment
• Self-assessment activities
There are regular tutorials with problem sheets the student attempts prior to the tutorial, each tutorial treating a section of the course. The student is shown the ideal approach to the questions and shown where marks are awarded, and can thus assess their own attempt at the problem sheet. The level of understanding required to do well in the problems sheets is of a similar order as required to do well in the final examination.
Name | Role |
---|---|
Dr Monika Smatralova | Lecturer / Co-Lecturer |