This course offers an in-depth understanding of the key principles related to life insurance business. You will explore the primary products offered in this sector, the methods used for valuation, and the main actuarial management and control techniques relevant to life insurance.
| PAPER PATTERN |
| Life Insurance (SA2) |
Computer-based exams using Word |
| 3 hours 20 minutes each |
Topics and Weightage:
1. Life insurance products and general business environment [15%]
2. Product design and specific features [25%]
3. Risks and risk management [30%]
4. Models and valuation [15%]
5. Monitoring experience and setting assumptions [15%]
IAI: 50%
*Fixed rate
IFoA: 56% -65%
*It’s not fixed, cut off rates are announced in each term