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(Ebook) Understanding Actuarial Practice 1st Edition by Jeffrey A Beckley, Patricia L Scahill, Matt Varitek, Toby A White, Stuart A Klugman ISBN 9780975933756 0975933752

  • SKU: EBN-42180104
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Authors:CFA Jeffrey A. Beckley FSA, Patricia L. Scahill, FSA, EA, JD, Matt Varitek, FSA, MAAA, Toby A. White, FSA, PhD, PhD Stuart A. Klugman, FSA, CERA (editor)
Pages:529 pages.
Year:2012
Editon:1
Publisher:SOCIETY OF ACTUARIES
Language:english
File Size:29.88 MB
Format:pdf
ISBNS:9780975933756, 0975933752
Categories: Ebooks

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(Ebook) Understanding Actuarial Practice 1st Edition by Jeffrey A Beckley, Patricia L Scahill, Matt Varitek, Toby A White, Stuart A Klugman ISBN 9780975933756 0975933752

(Ebook) Understanding Actuarial Practice 1st Edition by Jeffrey A Beckley, Patricia L Scahill, Matt Varitek, Toby A White, Stuart A Klugman - Ebook PDF Instant Download/Delivery: 9780975933756 ,0975933752
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ISBN 10: 0975933752
ISBN 13: 9780975933756
Author: Jeffrey A Beckley, Patricia L Scahill, Matt Varitek, Toby A White, Stuart A Klugman

A critical point in an actuary's education is the transition from understanding the mathematical underpinnings of actuarial science to putting them into practice. The problems become less well-defined and the solutions less clear-cut. Understanding Actuarial Practice is designed to aid that transition in four of the areas in which actuaries practice: investments, life insurance and annuities, retirement benefits, and health insurance. In each area students are introduced to the products that are delivered in each area and the relevant methods with regard to pricing, reserving and funding. Examples are supported by readily available spreadsheets and there are numerous exercises that reinforce the concepts. While written expressly for use in the Society of Actuaries Fundamentals of Actuarial Practice Course, this book is a valuable resource for anyone who desires to learn how actuarial principles are put into practice.

(Ebook) Understanding Actuarial Practice 1st Edition Table of contents:

  1. Introduction
  2. Actuarial science and the actuarial profession
  3. The actuarial control cycle
  4. Principles of actuarial science
  5. Interest theory
  6. Asset types
  7. Investing / Portfolio Management
  8. Finance models and data
  9. The term structure of interest rates
  10. Asset and liability management
  11. Introduction
  12. Types of coverage
  13. External forces and life and annuity products
  14. Pricing
  15. Profit testing
  16. Inputs for profit testing
  17. Regulatory influences on profit testing
  18. Monitoring results
  19. Closing
  20. Overview of retirement financial security systems
  21. Retirement plan design
  22. Funding for employer-sponsored retirement plans
  23. Pension accounting in the united states
  24. Modeling actuarial costs and expense
  25. Retirement plan solvency
  26. Introduction to group insurance
  27. External factors
  28. Pricing for group benefit plans
  29. Reserving.

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Tags: Jeffrey A Beckley, Patricia L Scahill, Matt Varitek, Toby A White, Stuart A Klugman, Actuarial Practice

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