₹23,000.00
SP1– Health and Care Principles- Regular Course.
Faculty: Qualified Actuary
Course Duration: 50+ hours
The aim of Health and Care Principles (SP1) is to develop a student’s ability to apply, in simple situations, the main principles of actuarial planning and control that are relevant to the provision of health and care business.
It builds on material covered in earlier subjects and seeks to equip a student with the skills and broad working understanding of health and care business to the level that may be required of a qualified actuary in a health and care insurance company.
| PAPER PATTERN | ||
|---|---|---|
| Health and Care Principles (SP1)IFoA Health and Care Principles (SP1)IAI |
Theoretical exam – (MS – WORD) Theoretical exam – (MS – WORD) |
3 hours 20 minutes 3 hours 15 minutes |
Topics and topic weighting
This subject covers the following topics:
1. Health and care 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
No product features found.
