Week 10 Study Plan

Week 10

Overview #

This week, we will cover the following topics:

  • Actuarial Practice:
    • Superannuation
  • Actuarial Techniques:
    • Life insurance premium calculations ( Section 4)
    • Relationships between actuarial functions ( Section 5)

If you wish to watch the embedded videos from Lecture Capture, you need to have logged in and entered Lecture Capture via Canvas once for each session. This is to restrict access to students enrolled at the University of Melbourne only.

See also detailed learning outcomes for this week.

Main references and lectures #

Actuarial Practice #

Superannuation #

Read: Actuarial Practice - Superannuation

Annotate: slides

Watch Mondays’s live lecture:

annotated slides from the live lecture

If you wish to watch the embedded videos from Lecture Capture, you need to have logged in and entered Lecture Capture via Canvas once for each session. This is to restrict access to students enrolled at the University of Melbourne only.

Actuarial Techniques #

Life Insurance Techniques #

Read: Sections 4-6 of Valuing Contingent Payments and Life Insurance

Annotate: slides

Watch Wednesday’s lecture (Section 4-6):

annotated slides from the pre-recorded lecture

If you wish to watch the embedded videos from Lecture Capture, you need to have logged in and entered Lecture Capture via Canvas once for each session. This is to restrict access to students enrolled at the University of Melbourne only.

Additional preparation and resources #

Mandatory #

  1. Investing for Different Phases of Retirement - Written by Michael Rice (Actuary of the Year 2017)
  2. What is an investment-linked annuity?

Optional #

  1. Superannuation Practice Committee Practice Update Podcast
  2. 5.5-5.7 of Atkinson and Dickson (2011)

Tutorials #

The document will all questions and solutions is available here: Tutorial set.

This week #

This week, tutorials will focus on valuing contingent payments ( week 9 materials).

Note that due to the COVID-19 restrictions in Victoria, all tutorials will be on Zoom; follow the links under Zoom on Canvas.

Here is the recording available for Week 10: