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Qualification Pathway United Kingdom — Fellowship: Specialist Principles

Health and Care Principles (SP1) Exam

Learn the principles of health and care insurance: products, design, risk, valuation and monitoring experience.

Health and Care Principles (SP1) Exam

Learning Objectives

5 objectives
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Describe the main health and care insurance products, the environment they are sold in and the role of the State.

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Apply actuarial principles to product design.

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Assess the risks to a health and care insurer and how reinsurance, underwriting and asset-liability matching manage them.

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Use models for pricing, decision-making, reserves and solvency capital.

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Set assumptions and monitor experience and surplus.

Programme Outline

5 topics
1

Health and Care Products and General Business Environment

The main products, the markets they trade in, and the State's role in health and care protection.

2

Product Design and Specific Features

Applying actuarial principles to the design of health and care products.

3

Risks and Risk Management

Sources of risk to a health and care insurer, and managing them with reinsurance, underwriting and asset-liability matching.

4

Models and Valuation

The features of a health and care model, pricing techniques, and supervisory reserves and solvency capital.

5

Monitoring Experience and Setting Assumptions

Setting assumptions, monitoring experience and analysing surplus or profit.

Hands-On Resources

Missed a live session? Catch up here.

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Recorded Lectures Every live session is recorded and available within 24 hours.
Watch → Coming soon
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Case Study Library Real-world actuarial science case studies used throughout the course.
Download → Coming soon
quiz
Practice Question Bank Exam-style questions with full worked solutions.
Access → Coming soon

Qualification Pathway

26 examinations
1
United Kingdom — Core Principles Actuarial Statistics (CS1) Exam
£2,100.00 View →
2
United Kingdom — Core Principles Risk Modelling and Survival Analysis (CS2) Exam
£2,100.00 View →
3
United Kingdom — Core Principles Actuarial Mathematics for Modelling (CM1) Exam
£2,100.00 View →
4
United Kingdom — Core Principles Economic Modelling (CM2) Exam
£2,100.00 View →
5
United Kingdom — Core Principles Business Finance (CB1) Exam
£2,100.00 View →
6
United Kingdom — Core Principles Business Economics (CB2) Exam
£2,100.00 View →
7
United Kingdom — Core Principles Business Management (CB3) Assessment
£2,100.00 View →
8
United Kingdom — Core Practices Actuarial Practice (CP1) Exam
£2,500.00 View →
9
United Kingdom — Core Practices Modelling Practice (CP2) Exam
£2,500.00 View →
10
United Kingdom — Core Practices Communications Practice (CP3) Exam
£2,500.00 View →
11
United Kingdom — Fellowship: Specialist Principles Health and Care Principles (SP1) Exam
£2,900.00 This page
12
United Kingdom — Fellowship: Specialist Principles Life Insurance Principles (SP2) Exam
£2,900.00 View →
13
United Kingdom — Fellowship: Specialist Principles Pensions and Other Benefits Principles (SP4) Exam
£2,900.00 View →
14
United Kingdom — Fellowship: Specialist Principles Investment and Finance Principles (SP5) Exam
£2,900.00 View →
15
United Kingdom — Fellowship: Specialist Principles Financial Derivatives Principles (SP6) Exam
£2,900.00 View →
16
United Kingdom — Fellowship: Specialist Principles General Insurance Reserving and Capital Modelling Principles (SP7) Exam
£2,900.00 View →
17
United Kingdom — Fellowship: Specialist Principles General Insurance Pricing Principles (SP8) Exam
£2,900.00 View →
18
United Kingdom — Fellowship: Specialist Principles Enterprise Risk Management Specialist Principles (SP9) Exam
£2,900.00 View →
19
United Kingdom — Fellowship: Specialist Principles Banking Principles (SP10)
£2,900.00 View →
20
United Kingdom — Fellowship: Specialist Advanced Health and Care Advanced (SA1) Exam
£3,400.00 View →
21
United Kingdom — Fellowship: Specialist Advanced Life Insurance Advanced (SA2) Exam
£3,400.00 View →
22
United Kingdom — Fellowship: Specialist Advanced General Insurance Advanced (SA3) Exam
£3,400.00 View →
23
United Kingdom — Fellowship: Specialist Advanced Pensions and Other Benefits Advanced (SA4) Exam
£3,400.00 View →
24
United Kingdom — Fellowship: Specialist Advanced Investment and Finance Advanced (SA7) Exam
£3,400.00 View →
25
United Kingdom — Fellowship: Specialist Advanced Banking Advanced (SA10)
£3,400.00 View →
26
United Kingdom — Fellowship: Specialist Advanced Research Route Dissertation (SA0)
£3,400.00 View →
Accounting ◆ Finance & Investment ◆ Actuarial Science ◆ Risk Management ◆ Executive Education ◆ Accounting ◆ Finance & Investment ◆ Actuarial Science ◆ Risk Management ◆ Executive Education ◆