This class was created by Brainscape user Erkin Asefi. Visit their profile to learn more about the creator.
By:
Erkin Asefi
- decks
- flashcards
- learners
Decks in this class (42)
Chapter 0 - ACC
What are the five main boxes in t...,
Give examples of things to consid...,
Discuss the general steps when sp...
7
cards
Chapter 1 - Actuarial acdvice
List the main stakeholders that a...,
What is a conflict of interest an...,
Why is it important to gather inf...
9
cards
Chapter 2 - External environment
What is legislation 1,
What is regulation 2,
What are some of the main affects...
13
cards
Chapter 3 - Regulation
What are the main aims of regulat...,
What are the main costs of regula...,
Discuss the two main reasons why ...
9
cards
Chapter 4 - Introduction to financial products and customer needs
What is a means tested benefit ho...,
Discuss what a benefit scheme is ...,
What is an investment scheme give...
6
cards
Chapter 5 - Benefits overview and providers of benefits
Discuss what a defined benefit sc...,
What is a defined contribution sc...,
What is a hybrid scheme 3
9
cards
Chapter 6 - Life insurance products
What are the key features of li c...,
What are the main things which ma...,
What is underwriting and how is i...
23
cards
Chapter 7 - Healthcare products
Briefly describe legislation pert...,
What is the difference between in...,
What are the key features of shor...
18
cards
Chapter 8 - General Insurance products
What are the key features of gene...,
What is a rating factor 2,
Why is a greater level of underwr...
12
cards
Banking Overview
What are the main roles of banks 4 1,
What are the main types of banks 5 2,
What are the main services retail...
22
cards
Chapter 9 - Bonds and Money Markets
What are the main forms of cash o...,
What are the main types of mm ins...,
What does systemt stand for 3
16
cards
Chapter 10 - Equity and property markets
What is the payout ratio 1,
What is an alternative way to pay...,
Discuss the risk characteristics ...
19
cards
Chapter 11 - Other investment classes
What is a collective investment s...,
What are some advantages of inves...,
What regulations could be applied...
24
cards
Chapter 12 - Behaviour of the markets
Discuss the risk profile of gover...,
Discuss the risk profile of corpo...,
Discuss the risk profile of equit...
14
cards
Chapter 13 - Valuation of investments
List the main methods for valuing...,
Discuss the use of market value t...,
Discuss the use of smooth market ...
17
cards
Chapter 14 - Relationship between returns on asset classes
Give a general formula to determi...,
Give a general formula to determi...,
Why is it useful to compare requi...
8
cards
Chapter 15 - Choosing an appropriate investment strategy
List the steps in the cycle of im...,
List the ideal characteristics of...,
List important things an investme...
8
cards
Chapter 16 - Asset-Liability management
What are some of the main conside...,
What is the optimal matched posit...,
What are free assets 3
16
cards
Chapter 17 - Investment Management
What is active investment managem...,
What are some theoretical advanta...,
What is an efficient market 3
20
cards
Chapter 18 - Modelling
What are the 2 main deterministic...,
What is sensitivity analysis 2,
What is scenario testing 3
16
cards
Chapter 19 - Data
What is popia 1,
What are the 8 conditions around ...,
What characterises big data 3
13
cards
Chapter 20 - Setting assumptions
What are the main considerations ...,
What is the difference between de...,
What are the main things which mu...
5
cards
Chapter 21 - Mortality and Morbidity
What is adverse selection anti se...,
What is the main purpose of under...,
What is a select period 3
17
cards
Chapter 22 - Expenses
What are the reasons for evaluati...,
What is going concern what is the...,
Where do we get information for e...
16
cards
Chapter 23 - Contract design
List the main considerations when...,
What are the main influences on t...,
List the other stakeholders ie ex...
17
cards
Chapter 24 - Pricing and financing strategies
What are the main factors affecti...,
What are the cost of benefits 2,
What is the risk premium 3
13
cards
Chapter 25 - Risk governance
Define enterprise risk management...,
List the main aims of erm 2,
Discuss the key steps involved in...
8
cards
Chapter 26 - Risk identification and classification
Provide a brief outline of the ri...,
Discuss some ways of identifying ...,
What do the rows and columns of a...
6
cards
Chapter 27 - Financial product and benefit scheme risk
Discuss the risks associated with...,
Discuss the risks related to cont...,
Discuss the risk factors affectin...
4
cards
Chapter 28 - Accepting risk
Risk appetite risk profile risk l...,
List factors that would influence...,
What are some good measures that ...
8
cards
Chapter 29 - Risk measurement and reporting
What are the key features to be a...,
Read through section 12 p 3 2,
Read through section 13 p4 3
12
cards
Chapter 30: Risk transfer
What is risk control 1,
What are the main risk control st...,
What are the main factors to cons...
13
cards
Chapter 30.3-30.5 - risk transfer/reinsurance
What is facultative reinsurance 1,
What is a reinsurance treaty 2,
What is proportional reinsurance 3
9
cards
Chapter 31 - Other risk controls
What are the main internal risk m...,
Discuss diversification as a risk...,
Discuss underwriting at the propo...
9
cards
Chapter 32 - Provisions
Define provisions reserves 1,
What is required to calculate res...,
Discuss the purposes of calculati...
5
cards
Chapter 33 - Valuation of liabilities
What are the two primary methods ...,
What is the main principle for va...,
List the main differences between...
10
cards
Chapter 34 - Financial Reporting
For this chapter should be able t...,
For this chapter only expected to 2,
Discuss the reporting standards f...
5
cards
Chapter 35 - Insolvency and closure
Discuss how insolvency and closur...,
Discuss how insolvency and closur...,
Discuss how insolvency and closur...
3
cards
Chapter 36 - Capital management
What is capital management 1,
Briefly discuss the capital needs...,
Discuss some of the main capital ...
4
cards
Chapter 37 - Capital requirements
Outline how the scr is calculated...,
Discuss the regulatory framework ...,
Discuss the regulatory framework ...
12
cards
Chapter 38 - Surplus and surplus management
What are levers in terms of surpl...,
Define profits surplus and surplu...,
What is the impact of the choice ...
12
cards
Chapter 39 - Monitoring
Outline the main reasons for moni...,
Discuss the data requirements for...,
Discuss the process for analysing...
4
cards
More about
ARM
- Class purpose General learning
Learn faster with Brainscape on your web, iPhone, or Android device. Study Erkin Asefi's ARM flashcards now!
How studying works.
Brainscape's adaptive web mobile flashcards system will drill you on your weaknesses, using a pattern guaranteed to help you learn more in less time.
Add your own flashcards.
Either request "Edit" access from the author, or make a copy of the class to edit as your own. And you can always create a totally new class of your own too!
What's Brainscape anyway?
Brainscape is a digital flashcards platform where you can find, create, share, and study any subject on the planet.
We use an adaptive study algorithm that is proven to help you learn faster and remember longer....
Looking for something else?
Light Arms
- 11 decks
- 326 flashcards
- 428 learners
Decks:
Basic Ops Of Small Arms, Small Arms Terminology, M2hb M249 M240b, And more!
ARM 2023
- 39 decks
- 806 flashcards
- 2 learners
Decks:
Chapter 0 Actuarial Control Cycle, Chapter 1 Actuarial Advice, Chapter 2 External Environment, And more!
ARMS-School
- 14 decks
- 544 flashcards
- 59 learners
Decks:
Block 1 Chapter 2 Career Knowledge, Block 1 Chapter 5 Parachutists, Block 1 Chapter 3 Air Force Programs, And more!
ARM 2
- 31 decks
- 653 flashcards
- 1 learners
Decks:
Ch 12 Behaviour Of The Markets, Ch 13 Valuation Of Investments, Ch 14 Relationship Between Returns On As, And more!
