CP1 – Actuarial Practice
11 个单元 · 51 个章节
免费 CP1 – Actuarial Practice 学习笔记，适合 IFoA (Institute and Faculty of Actuaries) 学生。每个章节都覆盖一个重点主题，并附例题与可延伸到 thinka app 的练习提示。
Actuarial advice and meeting the needs of stakeholders
Actuarial advice and stakeholders
Clients actuaries advise and their information needs
Stakeholders, risk attitudes and the effect of advice
Professional and technical standards applying to advice
Providers of benefits on contingent events
Social security benefits and financial products
Principles of insurance and pensions
General business environment
Prudential and market conduct regulation
Information asymmetry and treating customers fairly
External forces: legislation, tax and accounting standards
External forces: social, demographic and environmental change
Capital adequacy, solvency and corporate governance requirements
Principal investment assets and their markets
Economic influences on investment markets
Specifying the problem: risk and design
The Actuarial Control Cycle
Risk governance and enterprise risk management
Risk identification and risk classification
Quantifying risk: scenario analysis and stress testing
Risk aggregation, measurement and reporting
Contract design of financial products
Options and guarantees in product design
Data: requirements, checks and governance
Specifying the problem
Modelling and assumptions
Purpose, objectives and construction of actuarial models
Uses of models: pricing, capital, provisions, options
Sensitivity analysis and operational model issues
Setting assumptions: information sources and prudence
Mortality and morbidity assumptions, heterogeneity and selection
Expense assumptions and expense allocation
Developing the solution
Pricing and valuation of liabilities
Costing benefits and setting contributions
Influence of provisioning and capital on pricing
Determining values for provisions
Fair and market-consistent valuation
Allowing for risk and uncertainty in cash flows
Valuing options and guarantees
Investment and asset-liability management
Investment management principles and investor needs
Valuation of individual investments
Total returns on equities, bonds and cash; inflation
Asset/liability matching and modelling
Portfolio construction, risk budgets and performance review
Risk responses and capital
Risk acceptance, rejection, transfer and control
Pooling of risk and risk management strategy
Low likelihood, high impact risks
Risk and capital management interrelationship
Economic capital, regulatory capital and risk-based capital
Economic balance sheet and internal models
Living with the solution
Controlling claim and expense costs; profitability
Tools for capital management
Analysis of surplus and performance against benchmark
Distribution and retention of surplus
Monitoring experience and revising models and assumptions
Reporting systems and enterprise-level risk monitoring
Insolvency or closure of a provider
看完笔记了？现在就用 AI 题目测一测自己。
马上练这一题