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As an actuary, your work is extremely varied and can include: advising companies on the amount of funds to set aside for employee pension payments; designing new insurance policies and setting premium rates; pricing financial derivatives and working in fund management and quantitative investment research; advising life insurance companies on he distribution of surplus funds; and estimating the effects of possible major disasters, such as earthquakes or hurricanes, and setting premium rates for insurance against such disasters.
A good first degree in Actuarial Science, or a degree that covers all or most of the Core Principles Stage subjects of the Institute and Faculty of Actuaries’ examinations. We may also accept applicants who have a good first degree in another subject and who have passed most of the Core Principles Stage subjects.
20 Hours of Work permit weekly for international students.
Compulsory modules currently include:
Actuarial Risk Management 1
Actuarial Risk Management 2
Communications
Industrial Placement Report and Presentation
Industrial Placement Experience
Optional modules may include:
Enterprise Risk Management
Life Insurance
Finance and Investment
Derivative Securities
General Insurance Reserving and Capital Modelling
General Insurance Pricing
Introduction to Actuarial Research
Prophet
Financial Modelling
Data Science with R
IELTS (including IELTS Indicator) 6.5 overall (with a minimum of 6.0 in R&W; 5.5 in S&L)
TOEFL iBT 90 overall (with a minimum of 22 in R; 21 in W; 17 in L; 20 in S)
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For any enquiries or further details, please don't hesitate to contact us. Let's take the next step in your academic journey together.
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