How life products are built, the basics of reserving, and how value of new business moves once you change an assumption to something realistic.
Value of new business moves sharply the moment an assumption is replaced with a realistic one. This covers how life products are constructed, the basics of reserving, and how reported value responds when those assumptions change.
Protection, savings, and annuity products and how they work.
Why reserves are held and the principles behind their calculation.
Mortality, lapse, expense, and economic assumptions in valuation.
How new business value is measured and reported.
How value moves under realistic changes in assumptions.
How product design choices affect value and profitability.
Life insurance product, actuarial support, finance, and management staff who work with product value.
An insurance, finance or actuarial support role. No actuarial qualification needed.
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