Understanding Actuarial Management: The Actuarial Control Cycle

Edited by Clare Bellis, John Shepherd and Richard Lyon

ISBN 10: 0858130718 / ISBN 13: 9780858130715

Published by Institute of Actuaries of Australia, 2005

About this Item

No CD in back of book. Good condition. Some edge and corner wear. Light soiling to outside page edges. All intact. No writing or marking. Not Ex-Library.

Seller Inventory # 13695

Bibliographic Details

• Title: Understanding Actuarial Management: The Actuarial Control Cycle
• Publisher: Institute of Actuaries of Australia
• Publication Date: 2005
• Language: English
• ISBN 10: 0858130718
• ISBN 13: 9780858130715
• Binding: Soft cover
• Condition: Good
• Dimensions: 6.85W x 9.65H x 1.18D inches 6.85 inches width by 9.65 inches height by 1.18 inches depth
• Weight: 1.9 pounds
• Seller catalogs:
  • Economics
  • Personal Finance
  • Business

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.