Actuarial Practice and Control III (ACTL40009)

Intended learning outcomes

On completion of the 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.
• 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.