Actuarial Practice and Control III (ACTL90009)

Intended learning outcomes

On successful completion of this subject students should be able to:

• 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.
• Understand 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

On successful completion of this subject, students should have improved the following 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.