Description:New required text for the FAP Modules, as of January 31, 2012 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 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.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Understanding Actuarial Practice. To get started finding Understanding Actuarial Practice, you are right to find our website which has a comprehensive collection of manuals listed. Our library is the biggest of these that have literally hundreds of thousands of different products represented.
Description: New required text for the FAP Modules, as of January 31, 2012 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 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.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Understanding Actuarial Practice. To get started finding Understanding Actuarial Practice, you are right to find our website which has a comprehensive collection of manuals listed. Our library is the biggest of these that have literally hundreds of thousands of different products represented.