ILA 101
- Individual Life and Annuity Product Design and Pricing: The candidate will understand the designs of the common Life and Annuity products and their associated features and inherent risks, and the methods to design and price these products.
- Assumption Development and Experience Studies: The candidate will understand different types of actuarial assumptions and how experience studies are designed and used for evaluating past experience and for setting assumptions.
- Product Management: The candidate will understand common issues and practices related to Product Management.
- Introduction to Life and Annuity Valuation Concepts: The candidate will understand common valuation and capital techniques used in US, Canadian, and international regulatory frameworks.
- Introduction to Assets and Managing Risk: The candidate will understand various techniques for addressing the mitigation of risk within a life insurance and annuity context.