Actuarial Practice and Control III

Subject ACTL40009 (2014)

Note: This is an archived Handbook entry from 2014.

Credit Points: 12.50
Level: 4 (Undergraduate)
Dates & Locations:

This subject is not offered in 2014.

Time Commitment: Contact Hours: A total of three contact hours per week, consisting of lectures and/or tutorials
Total Time Commitment:

10 hours per week


All of the following:

Study Period Commencement:
Credit Points:
Semester 2


Recommended Background Knowledge:

The following:

Study Period Commencement:
Credit Points:
Non Allowed Subjects:

Students cannot gain credit for both ACTL40009 Actuarial Practice and Control III and ACTL90009 Actuarial Practice and Control

Core Participation Requirements:

For the purposes of considering request for Reasonable Adjustments under the Disability Standards for Education (Cwth 2005), and Students Experiencing Academic Disadvantage Policy, academic requirements for this subject are articulated in the Subject Description, Subject Objectives, Generic Skills and Assessment Requirements of this entry.

The University is dedicated to provide support to those with special requirements. Further details on the disability support scheme can be found at the Disability Liaison Unit website:

Subject Overview:

This subject covers analysis of investment portfolios and asset classes from the perspective of an appointed actuary, with a view to identifying assets that suit the requirements of a variety of general insurance, life insurance, superannuation and other defined benefit liabilities.

Learning Outcomes:
  • Appraise the investment requirements of a variety of types of insurance companies, superannuation funds and similar institutional investors.
  • Explain these requirements in terms of realistic and achievable objectives.
  • Analyse the characteristics of different asset classes in sufficient depth to establish a suitable strategy for achieving these objectives, using stochastic asset models and other techniques, as appropriate.
  • Monitor investment portfolios, and their performance, in relation to stated objectives and the liabilities against which they are held.

A 3-hour end-of-semester examination (80%) and one assignment or essay, totalling not more than 2000 words due week 10 (20%)

Prescribed Texts:


Breadth Options:

This subject is not available as a breadth subject.

Fees Information: Subject EFTSL, Level, Discipline & Census Date
Generic Skills:

High level of development: written communication; collaborative learning; problem solving; team work; application of theory to practice; interpretation and analysis; critical thinking; synthesis of data and other information; evaluation of data and other information; accessing data and other information from a range of sources.

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