Actuarial Control Cycle 1 - ACST831
This unit, in conjunction with ACST832, develops and applies the actuarial principles and practices underlying the design, assessment, management and control of financial systems in life and general insurance, superannuation, and other areas of actuarial practice. The two units consider the process of actuarial and financial management including: product design, pricing, marketing, monitoring of experience, reserving, financing, solvency, surplus, and enterprise risk management. The commercial environment and professionalism are discussed. Students gaining a credit or higher in this unit will satisfy part of the requirements for exemption from Part IIA of the professional exams of the Institute of Actuaries of Australia.
| Credit Points: | 4 |
| When Offered: | S1 Day - Session 1, North Ryde, Day S1 External - Session 1, External (with on campus sessions) City S1 Evening - City, Session 1, Evening, February to June |
| Staff Contact(s): | Actuarial staff |
| Prerequisites: |
Permission by special approval |
| Corequisites: | |
| NCCW(s): | |
| Unit Designation(s): | |
| Assessed As: | Graded |
| Offered By: | Department of Actuarial Studies and Business Analytics Faculty of Business and Economics |
Course structures, including unit offerings, are subject to change.
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