Guide d'étude pour l'examen de gestion du risque d'entreprise (ERM) de la Society of Actuaries (SOA)
Guide d'étude pour l'examen de gestion du risque d'entreprise (ERM) de la Society of Actuaries (SOA)

Author: Philip Martin McCaulay

Publisher: Independently Published

Published: 2024-03-02

Total Pages: 0

ISBN-13:

DOWNLOAD EBOOK

Grâce à ce guide d'étude, les candidats acquerront une compréhension approfondie de la gestion du risque d'entreprise (ERM) et de son application aux organisations afin de réussir l'examen de la Society of Actuaries sur la gestion du risque d'entreprise (ERM) dans le cadre du volet Corporate Finance and ERM Fellowship. Voici comment chaque composante contribue à cette compréhension: 1. Comprendre le cadre et le processus de ERM: Les candidats apprendront les principes fondamentaux de la GRE, y compris le cadre et le processus d'identification, d'évaluation et de gestion des risques au sein d'une organisation. Ils comprendront l'importance d'intégrer la gestion des risques dans les processus de prise de décision stratégique. 2. Identifier et analyser les risques: Les candidats se familiariseront avec les différents types de risques auxquels sont confrontées les organisations, notamment les risques financiers, opérationnels, stratégiques et de réputation. Ils apprendront les techniques d'identification et d'analyse de ces risques, ce qui leur permettra de développer des profils de risque complets pour les organisations. 3. Modélisation et évaluation des risques: Les candidats auront un aperçu des concepts de modélisation des risques et de leur importance dans la quantification et la compréhension des risques. Ils apprendront les différentes techniques de modélisation des risques et comprendront comment évaluer l'efficacité des modèles de risque pour capturer et évaluer les risques avec précision. 4. Quantification et mesure des risques: Les candidats apprendront à quantifier les risques à l'aide de métriques et de mesures de risque telles que la valeur à risque (VaR) et la valeur à risque de queue (TVaR). Ils comprendront l'importance de ces mesures dans l'évaluation de l'impact potentiel des risques sur la santé financière et la performance d'une organisation. 5. Approches de la gestion des risques: Les candidats exploreront les différentes approches et techniques de gestion des risques, y compris l'évitement, la réduction, le transfert et l'acceptation des risques. Ils comprendront comment les organisations décident de sélectionner les techniques de gestion des risques appropriées en fonction de leur appétit pour le risque et de leurs niveaux de tolérance. 6. Concept de capital économique et mesures du risque: Les candidats approfondiront le concept de capital économique et son rôle dans l'évaluation du capital. Ils découvriront les différentes mesures du risque utilisées pour évaluer l'adéquation des fonds propres et les techniques de répartition du coût des risques au sein des unités opérationnelles afin d'optimiser l'allocation des ressources et les efforts de gestion des risques. Dans l'ensemble, en maîtrisant les concepts et les techniques décrits dans le guide d'étude, les candidats seront bien équipés pour appliquer efficacement les principes de la ERM dans des contextes organisationnels réels, garantissant ainsi des pratiques de gestion des risques solides et des processus de prise de décision éclairés.

Guide d'étude pour l'examen SOA Group and Health - Gestion des Risques (GHRM)
Guide d'étude pour l'examen SOA Group and Health - Gestion des Risques (GHRM)

Author: Philip Martin McCaulay

Publisher: Independently Published

Published: 2024-03-14

Total Pages: 0

ISBN-13:

DOWNLOAD EBOOK

Préparez-vous à l'examen Group and Health - Risk Mitigation (GHRM) de la Society of Actuaries (SOA) à l'aide de ce guide d'étude complet. Conçu pour aider les candidats à maîtriser les concepts clés et les compétences nécessaires pour réussir, ce guide couvre les sujets essentiels et fournit des objectifs d'apprentissage pour assurer une compréhension approfondie. Caractéristiques principales: Couverture complète des sujets pertinents pour l'examen GHRM Explications claires et exemples pour renforcer la compréhension Sujets couverts: 1. Stratégie en matière d'avantages sociaux Objectifs d'apprentissage: Comprendre comment évaluer et recommander une stratégie d'avantages sociaux. 2. Remboursement des fournisseurs Objectifs d'apprentissage: Comprendre comment évaluer l'efficacité des différentes méthodes de remboursement des prestataires, tant du point de vue des coûts que de la qualité. 3. Gestion des demandes de remboursement et des maladies Objectifs d'apprentissage: Comprendre comment évaluer les programmes d'intervention en matière de soins de santé. 4. Ajustement des risques Objectifs d'apprentissage: Comprendre comment appliquer l'ajustement au risque dans le travail actuariel. Que vous soyez un actuaire chevronné ou un étudiant qui se prépare à l'examen du GHRM, ce guide d'étude est une ressource inestimable qui vous aidera à réussir votre carrière et à atteindre vos objectifs professionnels.

Models for Quantifying Risk, Sixth Edition
Models for Quantifying Risk, Sixth Edition

Author: Stephen J. Camilli, ASA

Publisher: ACTEX Publications

Published: 2014-06-24

Total Pages: 538

ISBN-13: 1625423470

DOWNLOAD EBOOK

This book is used in many university courses for SOA Exam MLC preparation. The Fifth Edition is the official reference for CAS Exam LC. The Sixth Edition of this textbook presents a variety of stochastic models for the actuary to use in undertaking the analysis of risk. It is designed to be appropriate for use in a two or three semester university course in basic actuarial science. It was written with the SOA Exam MLC and CAS Exam LC in mind. Models are evaluated in a generic form with life contingencies included as one of many applications of the science. Students will find this book to be a valuable reference due to its easy-to-understand explanations and end-of-chapter exercises. In 2013 the Society of Actuaries announced a change to Exam MLC's format, incorporating 60% written answer questions and new standard notation and terminology to be used for the exam. There are several areas of expanded content in the Sixth Edition due to these changes. Six important changes to the Sixth Edition: WRITTEN-ANSWER EXAMPLES This edition offers additional written-answer examples in order to better prepare the reader for the new SOA eam format. NOTATION AND TERMINOLOGY CONFORMS TO EXAM MLC MQR 6 fully incorporates all standard notation and terminology for exam MLC, as detailed by the SOA in their document Notation and Terminology Used on Exam MLC. MULTI-STATE MODELS Extension of multi-state model representationt to almost all topics covered in the text. FOCUS ON NORTH AMERICAN MARKET AND ACTUARIAL PROFESSION This book is written specifically for the multi-disciplinary needs of the North American Market. This is reflected in both content and terminology. PROFIT TESTING, PARTICIPATING INSURANCE, AND UNIVERSAL LIFE MQR 6 contains an expanded treatment of these topics. THIELE'S EQUATION Additional applications of this important equation are presented, to more fully prepare the reader for exam day. A separate solutions manual with detailed solutions to all of the text exercises is also available. Please see the Related Items Tab for a direct link I selected Models for Quantifying Risk as the text for my class. Given that the syllabus had changed quite dramatically from prior years, I was looking for a text that would cover all the material in the new syllabus in a way that was rigorous, easy to understand, and would prepare students for the May 2012 MLC exam. To me, the text with the accompanying solutions manual does precisely that. --Jay Vadiveloo, Ph.D., FSA, MAAA, CFA, Math Department, University of Connecticut I found that the exposition of the material is thorough while the concepts are readily accessible and well illustrated with examples. The book was an invaluable source of practice problems when I was preparing for the Exam MLC. Studying from it enabled me to pass this exam." -- Dmitry Glotov, Math Department, University of Connecticut "This book is extremely well written and structured." -- Kate Li, Student, University of Connecticut "Overall, the text is thorough, understandable, and well-organized. The clear exposition and excellent use of examples will benefit the student and help her avoid 'missing the forest for the trees'. I was impressed by the quality and quantity of examples and exercises throughout the text; students will find this collection of problems sorted by topic valuable for their exam preparation. Overall, I strongly recommend the book." -- Kristin Moore, Ph.D., ASA, University of Michigan

Assessing and Managing Risk
Assessing and Managing Risk

Author: Bruce Lyon

Publisher:

Published: 2021-02

Total Pages:

ISBN-13: 9780939874323

DOWNLOAD EBOOK

Assessing and Managing Risk: An ERM Perspective provides risk professionals and students practical guidance in the fundamentals of Enterprise Risk Management (ERM) and methods for assessing, treating, and managing risk. The entire book was designed with the reader in mind, providing practical, usable information pertinent to the risk professional.This book serves as a primer for risk professionals, whether they are risk managers, insurance professionals or OSH professionals who need a practical guide on applying the steps in risk assessment and management as described in the 31000 risk management process. The manual also serves the needs of university professors who are responsible for designing and teaching operational and enterprise risk management courses. In addition, the text addresses seven of the Accreditation Board for Engineering and Technology (ABET) criteria for safety science programs and expands on the new BCSP ASP and CSP blueprints.Assessing and Managing Risk is based on the principles, framework, and process in ANSI/ASSP/ISO 31000:2018, ANSI/ASSP/ISO/IEC 31010-2019, and COSO ERM Framework. It also draws from and aligns with ANSI/ASIS/RIMS RA.1-2015, ANSI/ASSP Z590.3-2011 (R2016), ANSI/ASSP Z10-2017, and ANSI/ASSP/ISO 45001-2018 standards, and The Institutes' Associate in Risk Management Program.

Value-Oriented Risk Management of Insurance Companies
Value-Oriented Risk Management of Insurance Companies

Author: Marcus Kriele

Publisher: Springer Science & Business Media

Published: 2014-01-14

Total Pages: 383

ISBN-13: 1447163052

DOWNLOAD EBOOK

Value- and risk-oriented management is a holistic method of managing businesses. In this book both actuarial methods and methods pertaining to classical internal control and classical risk management are used. Therefore the approach taken is necessarily interdisciplinary. Indeed, there is a new dynamically developing field for actuaries as a result of the emphasis now on the measurement of risk. This book provides the required basic knowledge for this subject from an actuarial perspective. It enables the reader to implement in practice a risk management system that is based on quantitative methods. With this book, the reader will additionally be able to critically appraise the applicability and the limits of the methods used in modern risk management. Value-oriented Management of Risk in Insurance focuses on risk capital, capital allocation, performance measurement and value-oriented management. It also makes a connection to regulatory developments (for example, Solvency II). The reader should have a basic knowledge of probability and familiarity with mathematical concepts. It is intended for working actuaries and quantitative risk managers as well as actuarial students.

Executive's Guide to Solvency II
Executive's Guide to Solvency II

Author: David Buckham

Publisher: John Wiley & Sons

Published: 2010-09-23

Total Pages: 208

ISBN-13: 9780470925706

DOWNLOAD EBOOK

A straightforward guide to the evolution, benefits, and implementation of Solvency II Providing a guide to the evolution, practice, benefits, and implementation of Solvency II, Executive′s Guide to Solvency II deftly covers this major European regulation which ensures that insurers can meet their risk–based liabilities over a one–year period to a 99.5% certainty. Part of the Wiley and SAS Business series, this book will guide you through Solvency II, especially if you need to understand the subtleties of Solvency II and risk–based capital in basic business language. Among the topics covered in this essential book are: Background to Solvency II Learning from the Basel Approach The Economic Balance Sheet Internal Models People, Process, and Technology Business Benefits of Solvency II Executive′s Guide to Solvency II has as its aim an explanation for executives, practitioners, consultants, and others interested in the Solvency II process and the implications thereof, to understand how and why the directive originated, what its goals are, and what some of the complexities are. There is an emphasis on what in practice should be leveraged upon to achieve implementation, specifically data, processes, and systems, as well as recognition of the close alignment demanded between actuaries, the risk department, IT, and the business itself.

Handbook of Solvency for Actuaries and Risk Managers
Handbook of Solvency for Actuaries and Risk Managers

Author: Arne Sandström

Publisher: CRC Press

Published: 2016-04-19

Total Pages: 1084

ISBN-13: 1439821321

DOWNLOAD EBOOK

A one-stop shop for actuaries and risk managers, this handbook covers general solvency and risk management topics as well issues pertaining to the European Solvency II project. It focuses on the valuation of assets and liabilities, the calculation of capital requirement, and the calculation of the standard formula for the Solvency II project. The author describes valuation and investment approaches, explains how to develop models and measure various risks, and presents approaches for calculating minimum capital requirements based on CEIOPS final advice. Updates on solvency projects and issues are available at www.SolvencyII.nu

Loss Models
Loss Models

Author: Stuart A. Klugman

Publisher: John Wiley & Sons

Published: 2019-05-07

Total Pages: 563

ISBN-13: 1119523788

DOWNLOAD EBOOK

A guide that provides in-depth coverage of modeling techniques used throughout many branches of actuarial science, revised and updated Now in its fifth edition, Loss Models: From Data to Decisions puts the focus on material tested in the Society of Actuaries (SOA) newly revised Exams STAM (Short-Term Actuarial Mathematics) and LTAM (Long-Term Actuarial Mathematics). Updated to reflect these exam changes, this vital resource offers actuaries, and those aspiring to the profession, a practical approach to the concepts and techniques needed to succeed in the profession. The techniques are also valuable for anyone who uses loss data to build models for assessing risks of any kind. Loss Models contains a wealth of examples that highlight the real-world applications of the concepts presented, and puts the emphasis on calculations and spreadsheet implementation. With a focus on the loss process, the book reviews the essential quantitative techniques such as random variables, basic distributional quantities, and the recursive method, and discusses techniques for classifying and creating distributions. Parametric, non-parametric, and Bayesian estimation methods are thoroughly covered. In addition, the authors offer practical advice for choosing an appropriate model. This important text: • Presents a revised and updated edition of the classic guide for actuaries that aligns with newly introduced Exams STAM and LTAM • Contains a wealth of exercises taken from previous exams • Includes fresh and additional content related to the material required by the Society of Actuaries (SOA) and the Canadian Institute of Actuaries (CIA) • Offers a solutions manual available for further insight, and all the data sets and supplemental material are posted on a companion site Written for students and aspiring actuaries who are preparing to take the SOA examinations, Loss Models offers an essential guide to the concepts and techniques of actuarial science.

Financial Enterprise Risk Management
Financial Enterprise Risk Management

Author: Paul Sweeting

Publisher: Cambridge University Press

Published: 2011-09-01

Total Pages: 565

ISBN-13: 1139501747

DOWNLOAD EBOOK

Financial Enterprise Risk Management provides all the tools needed to build and maintain a comprehensive ERM framework. As well as outlining the construction of such frameworks, it discusses the internal and external contexts within which risk management must be carried out. It also covers a range of qualitative and quantitative techniques that can be used to identify, model and measure risks, and describes a range of risk mitigation strategies. Over 100 diagrams are used to help describe the range of approaches available, and risk management issues are further highlighted by various case studies. A number of proprietary, advisory and mandatory risk management frameworks are also discussed, including Solvency II, Basel III and ISO 31000:2009. This book is an excellent resource for actuarial students studying for examinations, for risk management practitioners and for any academic looking for an up-to-date reference to current techniques.