SP2 – Life Insurance Actuarial

Categories: Actuary Higher Paper
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About Course

 

SP2: Mastering Life Insurance Concepts with IFOA

The SP2 (Life Insurance) paper by the Institute and Faculty of Actuaries (IFOA) is your gateway to becoming an expert in life insurance principles, products, and actuarial practices.

Why SP2?

  • In-depth Understanding: Gain a thorough knowledge of life insurance fundamentals, including product design, pricing, and valuation.
  • Practical Applications: Learn to analyze and solve real-world challenges in life insurance, from risk management to regulatory compliance.
  • Career Advancement: As a recognized IFOA qualification, SP2 demonstrates your expertise and enhances your professional credibility.
  • Strategic Insights: Understand the broader context of life insurance within financial markets and its impact on societal needs.

If you aim to lead in the life insurance sector, SP2 is an essential step in your actuarial journey. Equip yourself with the skills and insights to excel in a dynamic and rewarding field.

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Course Content

Life Insurance fundamentals (Most Important Topic)

  • Life Insurance Fundamental Points (Most important Video)
    30:00

Week 1 (Life Insurance Basics)

Week 2 (With Profit, Asset Share and Bonus Distribution)

Week 3 (Distribution of Surplus & Business Environment)

Week 4 ( The Risks)

Week 5 (Model and Data Check)

Week 6 Part 1 (Unit Pricing, Product Design and Assumptions)

Week 6 Part 2 (Assumptions, Underwriting, Investment)

Week 7 Part 1 (Reserves and Capital)

Week 7 Part 2 (Surrender and Alterations)

Final Section

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