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  3. Actuarial Practice and Control III

Actuarial Practice and Control III (ACTL40009)

Undergraduate level 4Points: 12.5On Campus (Parkville)

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Overview

Year of offer2017
Subject levelUndergraduate Level 4
Subject codeACTL40009
Campus
Parkville
Availability
Semester 2
FeesSubject EFTSL, Level, Discipline & Census Date

This subject covers analysis of investment portfolios and asset classes from the perspective of an appointed actuary, with a view to identifying assets that suit the requirements of a variety of general insurance, life insurance, superannuation and other defined benefit liabilities.

Intended learning outcomes

  • Appraise the investment requirements of a variety of types of insurance companies, superannuation funds and similar institutional investors.
  • Explain these requirements in terms of realistic and achievable objectives.
  • Analyse the characteristics of different asset classes in sufficient depth to establish a suitable strategy for achieving these objectives, using stochastic asset models and other techniques, as appropriate.
  • Monitor investment portfolios, and their performance, in relation to stated objectives and the liabilities against which they are held.

Generic skills

High level of development: written communication; collaborative learning; problem solving; team work; application of theory to practice; interpretation and analysis; critical thinking; synthesis of data and other information; evaluation of data and other information; accessing data and other information from a range of sources.

Last updated: 16 August 2017