Understanding Actuarial Management: The Actuarial Control Cycle ( with CD-ROM)

Clare Bellis, Richard Lyon, Stuart Klugman & John Shepherd (Edited by)

ISBN 10: 0858130742 / ISBN 13: 9780858130746

Published by Actuaries Institute/Society of Actuaries, 2015

About this Item

630 Pages with CD-ROM in unopened pocket attached to back of cover. Reprinted 2nd edition. Trade size paperback. A like new fine copy.

Seller Inventory # 2403153

Bibliographic Details

• Title: Understanding Actuarial Management: The Actuarial Control Cycle ( with CD-ROM)
• Publisher: Actuaries Institute/Society of Actuaries
• Publication Date: 2015
• Language: English
• ISBN 10: 0858130742
• ISBN 13: 9780858130746
• Binding: Soft cover
• Edition: 2nd Edition
• Condition: Fine
• Seller catalogs:
  • Actuarial Science
  • Management

About this title

Synopsis

Understanding Actuarial Management: the actuarial control cycle is essential reading for actuarial students and other professionals seeking an insight into how actuaries manage future financial risk within dynamic economic and social systems.
In this book and CD-ROM, a number of prominent actuaries provide refreshing and practical insights into the application of actuarial theory to real-world problems. Actuaries combine skills from mathematics, statistics, economics and finance to forecast future financial outcomes. Whilst traditionally based in life insurance and retirement savings, actuaries now work across general insurance, investment management, health financing, banking, energy markets, and the environment.
The Actuarial Control Cycle is a framework which actuaries use to assess, evaluate and manage risk, where there is uncertainty of future events. Elements of the Cycle include: Assessing Risk, Valuing Liabilities, Managing Solvency and Capital, Product Design and Pricing, Constructing and Monitoring Investment Portfolios, and all in the context of Regulation and Professionalism.