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Tanya Mathebula
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Decks in this class (43)
1. Actuarial Advice
Types of advice 1,
Indicative advice 2,
Factual advice 3
8
cards
2. External environment
Legislation 1,
Regulation 2,
Effects of state benefit provisio...
5
cards
3. Regulation
Aims 1,
Direct costs of regulation 2,
Indirect costs of regulation 3
21
cards
4. Introduction to financial products and customer needs
Types of provision 1,
Examples of social security 2,
Financial products 3
10
cards
5. Benefit Schemes
Features of pension contracts 1,
Benefit providers 2,
Types of scheme members 3
13
cards
6. Life Insurance
Features 1,
Investment types 2,
Types 3
13
cards
7. Healthcare products
Legislation 1,
Features of short term products 2,
Features of long term products 3
19
cards
8. General insurance
Features 1,
Short tailed 2,
Long tailed 3
16
cards
9.1. Money markets
Cash deposits 1,
Examples of mm instruments 2,
System t 3
11
cards
9.2. Bonds
Issuers 1,
System t 2,
Yield curve theories 3
5
cards
10.1 Equity
Reasons for buying back shares 1,
Categorisation 2,
Advantages of industry categorisa...
8
cards
10.2 Property
Prime property will score highly ...,
Running yield 2,
Security 3
11
cards
11.1 Other investment classes
Classes 1,
Regulation on ciss 2,
Advantages of cis 3
14
cards
11.2 Derivatives
Types 1,
Users of derivatives 2,
Uses of derivatives 3
5
cards
12. Behaviour of the markets
Reasons for changing interest rat...,
Yield curve theories 2,
Liquidity preference 3
13
cards
13. Relationships between asset classes
Required rate of return 1,
Expected return 2,
Er formula 3
10
cards
14. Valuing investments
Methods 1,
Smoothed mv 2,
Hbv 3
13
cards
15. Choosing an appropriate investment strategy
Investment objectives of institut...,
Definition of risk from an invest...,
Considerations when defining risk 3
7
cards
16. Asset Liability management
Principles of investment 1,
Key points when analysing cash fl...,
Nature of liabilities 3
14
cards
17. Investment management
Tactical asset allocation 1,
Factors to consider before switch...,
Risk budgeting 3
21
cards
18. Modelling
Obtaining models 1,
Constructing models 2,
Dynamic model 3
12
cards
19.Data
Personal data 1,
Sensitive personal data 2,
Circumstances under which sensiti...
26
cards
20. Setting assumptions
Factors affecting choice of assum...,
Types of assumptions 2,
Information 3
24
cards
21. Mortality and Morbidity
Risk classification in life insur...,
Variation in mortality and morbid...,
Proxies for risk factors 3
12
cards
22. Expenses
Types of expenses 1,
Examples of mixed expenses 2,
Expense allocation principles 3
10
cards
23. Contract design
Factors 1,
Customers needs are influence by 2,
Provider s needs are influenced by 3
11
cards
24. Pricing and Financing
Cost of benefits 1,
Factors influencing cost 2,
Price of benefits 3
18
cards
25. Risk governance
Risk management process 1,
Components of rm process 2,
Risk identification 3
20
cards
26. Risk identification and classification
Identification techniques 1,
Risk identification process for p...,
Aim of risk identification brains...
18
cards
27. Financial products and benefit schemes
0
cards
28. Accepting risk [3+4]
Mitigating risk of product design...,
Insurable risk 2,
Risk events must meet the followi...
3
cards
29.1 Risk measurement
Risk quantification 1,
Risk quantification methods 2,
Subjective assessment 3
24
cards
29.2 Risk reporting
Risk portfolio 1,
Risk response 2,
Risk register 3
8
cards
30. Risk transfer
Risk control methods 1,
Constraints on risk transfer 2,
Benefits of reinsurance 3
16
cards
31. Other risk controls
Other risk controls 1,
Diversification 2,
Problems with diversifying across...
5
cards
32. Provisions
Reasons for setting up provisions 1,
Methods of calculating provisions 2,
Bases 3
7
cards
33. Valuations
Methods of valuation 1,
Discount rate traditional dcf 2,
Discount rate mark to market 3
14
cards
34. Reporting results
Accounting concepts 1,
Things to pay attention to when a...,
Types of reports 3
8
cards
35. Insolvency and Closure
What happens if solvency requirem...,
Recovery plans 2,
Compensation schemes 3
12
cards
36. Capital Management
Capital management involves 1,
Capital needs of providers 2,
Capital management tools 3
8
cards
37. Capital Requirements
Regulatory solvency capital is to...,
Approaches for scr 2,
Disadvantages of using prudent pr...
14
cards
38. Surplus and Surplus Management
Profit vs surplus vs surplus aris...,
Sources of surplus 2,
Analysis of surplus 3
9
cards
39. Monitoring
Reasons for monitoring experience 1,
Data requirements 2,
Analysis process statistical fact...
6
cards
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ARM '20
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