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    Actuarial Science

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    Actuarial Science applies mathematical‚ statistical‚ financial an economic theory to solve real problems arising in applied subjects such as commerce‚ governments‚ insurance and banking‚ typically involving risk‚ uncertainty‚ and the financial impact of certain events. The BSc in Actuarial Science and Mathematics is accredited by the Institute and Faculty of Actuaries. The course gives a firm foundation in Mathematics‚ together with specialist course units in Actuarial Science whilst giving you

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    UNIVERSITY OF CAPE TOWN NOVEMBER 2009 EXAMINATIONS INTRODUCTION TO ACTUARIAL SCIENCE (BUS1003H) Time allowed: 2 hours Total marks: 70 INSTRUCTIONS • Answer all questions • You must show your working in full in all questions • Approved calculators may be used‚ but all memories and user-supplied programmes must be cleared before you begin the examination. • Some tables are provided. • For each of the

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    used as the bases for calculating estimated insurance premiums or monthly retirement annuities. When used by expert witnesses‚ actuarial tables are acceptable evidence to show life expectancy. Juries may award damages(money) to plaintiffs (person who is suing the defendant) for compromised life expectancy resulting from the alleged crime of the defendant. An actuarial valuation is a type of appraisal (official valuation) which requires making economic and demographic (structure of population)

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    history captivating‚ and so‚ I applied to study in the UK. I do not foresee a problem with language as I receive education with the English language as the medium‚ and I have passed the GCE O? level English examination. I choose to study Actuarial Science as I plan and desire to be an actuary. Furthermore‚ I believe that I can excel in this area of studies as well as in this profession. Mathematics has always been one of my strongest and favourite subjects‚ and I have attained consistent good

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    acturial science

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    CT4 - Models 2000 5000 5 CT5 - General Insurance‚ Life and Health Contingencies 2000 5000 6 CT6 - Statistical Methods 2000 5000 7 CT7 - Business Economics  2000 5000 8 CT8 - Financial Economics 2000 5000 9 CA1 - Actuarial Risk Management 6000 15000 Specialist Technical Stage (ST) 10 ST1 - Health and Care Insurance 3200 8000 11 ST2 - Life Insurance 3200 8000 12 ST4 - Pension and Other Employee Benefits 3200 8000 13 ST5 - Finance

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    Acturial Science - 1

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    Actuarial science is the discipline that applies mathematical and statistical methods to assess risk in the insurance and finance industries. Actuariesare professionals who are qualified in this field through education and experience. In many countries‚ actuaries must demonstrate their competence by passing a series of rigorous professional examinations. Actuarial science includes a number of interrelating subjects‚ including probability‚ mathematics‚ statistics‚ finance‚ economics‚ financial economics

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    Sample Personal Statement

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    logical disposition. It seems fitting then‚ that the subject has continued to enthral me over all these years‚ particularly as I learnt to appreciate its growing practical relevance and universal applicability. I have decided to pursue a career in Actuarial Sciences to utilize my knowledge in the field of Mathematics. I have found probability and statistics to be my areas of core interest; the ability to analyse information and predict the possibility of an occurrence being the most fascinating aspect

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    Our group‚ “The Super Six” focussed our research on the problem of ethics and actuarial science. As Sholom Feldblum states “The actuary has a dual role: an objective professional providing guidance on insurance issues and a business manager promoting the goals of an insurance company” (Sholom Feldblum‚ pg.1). The purpose of our research was to determine the most common ethical problems an actuary faces‚ and the most appropriate methods to solve these problems. Solutions were necessary so that our

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    Credit point systems

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    Accounts preparation & Regulation of Investment (IC 46) (i.e. two compulsory subjects at Associateship Level) At Fellowship Examination In addition to above 4 compulsory subjects i.e. (Two at Licentiate and Two at Associateship Level) one Actuarial Subject (i.e. any one paper from Subjects No. 28/

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    papers in total. After passing all nine of the exams‚ they will achieve associateship. In actuarial science‚ we will have the opportunity to work as an actuary while completing the examination process. Employers often allow study time during working hours‚ pay exam fees‚ and provide internships. Many companies which employ actuaries have automatic pay raises or promotions when exams are passed. As a result‚ actuarial

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    Arsenal Holdings

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    customer relations‚ skills‚ honesty‚ initiative and drive are appreciated. Qualification description University of Lagos B. Sc Actuarial Science (Second class lower division) Legacy High School. Lagos Senior School Certificate 2009 2005 Work History G.S.S. Kaoje‚ Bagudo LGA‚ Kebbi state. Teaching (NYSC)  Designed and implemented lesson plans for basic science for all the junior classes.  Assisted the Js3 students in preparing for their external examinations. Oasis Insurance Company‚ Lagos

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    Insurance Industry

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    PRUDENTIAL ASSURANCE MALAYSIA BERHAD ------------------------------------------------- REPORT ON THE CURRENT INSURANCE INDUSTRY SITUATION AND EMPLOYMENT OPPORTUNITIES AVAILABLE IN THE INSURANCE INDUSTRY TERMS OF REFERENCE To investigate the current industry situation and employment opportunities available in the insurance industry‚ specifically in Prudential Assurance Malaysia Berhad. ------------------------------------------------- PROCEDURE -------------------------------------------------

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    Hih; What Went Wrong

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    described the culture of the organisation as macho in which senior management knew about their own area only and nothing about the rest of the business. In their paper‚ McCarthy and Trahair recommended greater actuarial influence on the pricing of policies and argued that any actuarial

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    Project on Tata

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    Executive summary This project has been a great learning experience for me; at the same time it gave me enough scope to implement my analytical ability. Tata Group is one of the India’s largest and most respected business groups. Tata Group’s name is synonymous with India’s industrialization. Tata AIG Insurance Solutions is one of the leading insurance companies that provide both life insurance as well as general insurance. This pioneer company is a joint collaboration between

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    Science

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    the world. Thus‚ this country has been scientifically advanced for several centuries now and the Indian scientists have made numerous path-breaking discoveries in the field of science. The various fields in which the Indian scientists have excelled include mathematics‚ warfare‚ geometry‚ astronomy‚ medicine‚ space science‚ physics‚ chemistry‚ botany‚ etc. The astonishing inventions of the Indian scientists have played a vital role in the overall development of the country. They have also made

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    Mlc Cheat Sheet

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    mk This page intentionally left blank Actuarial Mathematics for Life Contingent Risks How can actuaries best equip themselves for the products and risk structures of the future? In this new textbook‚ three leaders in actuarial science give a modern perspective on life contingencies. The book begins traditionally‚ covering actuarial models and theory‚ and emphasizing practical applications using computational techniques. The authors then develop a more contemporary outlook‚ introducing multiple

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    Nnox

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    Reinsurance Our pro rata and excess treaty and facultative reinsurance solutions can help you move one step closer to achieving your objectives. For more information about our property/ casualty reinsurance products and services‚ contact your Client Manager. Munich Reinsurance America‚ Inc. 555 College Road East P.O. Box 5241 Princeton‚ NJ 08543-5241 Tel.: 609.243.4200 Fax: 609.243.4257 www.munichreamerica.com Printed April 2012 Always One Step Ahead Addressing the key challenges of the

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    Economic Scenario Generator

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    On Constructing a Market Consistent Economic Scenario Generator Ebba K. Baldvinsdóttir & Lina Palmborg March 4‚ 2011 Abstract Recently the insurance industry has started to realise the importance of properly managing options and guarantees embedded in insurance contracts. Interest rates have been low in the last few years‚ which means that minimum interest rate guarantees have moved from being far out-of-the money to expiring inthe-money. As a result‚ many insurance companies have experienced

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    Science

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    INTRODUCTION Science (Latin‚ scientia‚ from scire‚ “to know”)‚ term used in its broadest sense to denote systematized knowledge in any field‚ but usually applied to the organization of objectively verifiable sense experience. The pursuit of knowledge in this context is known as pure science‚ to distinguish it from applied science‚ which is the search for practical uses of scientific knowledge‚ and from technology‚ through which applications are realized. For additional information‚ see separate

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    science

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    necessary for everyone to learn science? What is science? “Science is the intellectual and practical activity encompassing the systematic study of the structure and behavior of the physical and natural world through observation and experiment.” Science can be known as a subject‚ explanation and possibly our underlying belief. Among the humanity‚ there are diverse of religions; some believe in Buddhism‚ some believe in Christian‚ some believe in Science‚ because science is proved with mathematical methods

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