INSTITUTEOFACTUARIES精算师考试

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Introduction

TheInstituteofActuarieswasformedin1848.On8July1998theinstitutemarkedits150thAnniversary.TheRoyalCharterofIncorporationwasgrantedtotheInstitutein1884.TheCharterdefinestheobjectsoftheInstituteas:
a.inthepublicinteresttopromoteknowledgeandresearchinallmattersrelevanttoactuarialscienceanditsapplication;
b.toregulatethepracticebyitsMembersoftheprofessionofactuary;
c.topromote,upholdanddevelopthehigheststandardsofprofessionaleducation,training,knowledge,practiceandconductamongstactuariesandinpursuanceofthisobjecttopublishcodesofconductandpracticeandguidancenotesofallkinds;
d.topromotethestatusoftheactuarialprofessionandofthosewhoareengagedinitinanycapacity;
e.tobearegulatorybodyforthepurposeofanylegislationandwhenappropriateforsuchpurposestoregulateorgovernthecarryingonofanyactivityortypeofbusinessby,oranyaspectoftheaffairsof,actuariesaremembers(whetherwithorwithoutothers),bodiescorporateofwhichactuariesaremembersordirectors(whetherwithorwithoutothers)andforpurposesconnectedtherewith;and
f.todoallsuchotherthingsasmaybeconsideredtobeincidentalorconducivetotheaboveobjectsoranyofthem.
Since1887theInstitutehasbeenhousedinStapleInn,apartfromabreakofelevenyearsfollowingthedestructionofStapleInnHallbyaflyingbombinAugust1944.
Anumberofeminentmen,manyofwhomwereFellowsoftheRoyalSociety,playedapartintheearlydevelopmentofactuarialscience,butforaconsiderableperiodinthelatenineteenthandearlytwentiethcenturiesactuarialtalentswerealmostwhollyconcentratedonthepracticalproblemstowhichtheexpansionoflifeassurancewasgivingrise.Indeed,lifeassuranceisstilltheprincipalsphereofoccupationofactuaries,ascanbeseenfromtheAnalysisofOccupationsonpage24oftheMember'sHandbook,butagrowingnumberarebecomingconcernedwiththeapplicationofstatisticaltheorytotheproblemsofgeneralinsurance(fire,accident,marine,etc.).
Inrecentyearstherehasbeenarapidincreaseinthenumberofactuariesinwhole-timeconsultingpractice,largelyastheresultofthegreatextensionofprivatelyinvestedpensionschemes.ActuariesarealsoemployedinGovernmentservicebothathomeandabroad;intheUnitedKingdomtheyaremostlyintheGovernmentActuary'sDepartment.Inindustryandcommercetoo,actuariescanbefoundinavarietyofactivities,andsomeoccupytopmanagementpostsasdirectorsandchairmenofcompanies.TheStockExchangeandotherfieldsofinvestmentactivityprovideobviousoutletsforactuarialexpertise,particularlywiththerapidgrowthofinstitutionalinvestment.

Examdetails

Subject

100series

101Statisticalmodelling
102Financialmathematics
103Stochasticmodelling
104Survivalmodels
105ActuarialmathematicsI
106ActuarialmathematicsII
107Economics
108Financeandfinancialreporting
109Financialeconomics

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