Health and Care Advanced (SA1) Exam
Apply health and care insurance principles to complex management problems, within the regulatory and business environment.
Learning Objectives
5 objectivesAnalyse the major health and care products and the business environment that affects insurers.
Apply the regulatory, legislative and taxation environment, including Solvency II and actuarial standards.
Design and price products and set underwriting.
Assess solvency and capital, use reinsurance, and match assets to liabilities.
Analyse experience and surplus and recommend actions and strategy.
Programme Outline
5 topicsHealth Insurance Products and General Business Environment
The major products and the effect of the business environment on management.
Regulatory, Legislative and Taxation Environment
Legislation, taxation, regulatory frameworks including Solvency II, comparisons between jurisdictions, and actuarial standards.
Rating, Pricing and Underwriting
Product design and pricing techniques.
Valuation, Asset-Liability Management (ALM) and Reinsurance
Solvency assessment, capital management, reinsurance and asset-liability matching.
Monitoring and Strategy
Analysing experience and surplus, proposing actions, assessing business strategies and recommending solutions.
Hands-On Resources
Missed a live session? Catch up here.