A Risky Business
An Actuary's Guide to Quantifying and Managing Risk in Society
| Gives a holistic view of the actuarial profession with core concepts and case studies<div>Sheds light on how, why and when risk needs to be managed and the challenges of doing so<br><div>Discusses current issues such as climate change, ageing populations, private and governmental models of healthcare and globalization</div><div>Explores how actuaries play a role in finding solutions to mitigate ongoing challenges</div></div> |
Contenu
<div><p>Intangible, invisible and worth trillions, risk is everywhere.</p><p>Its quantification and management are key to the success and failure of individuals, businesses and governments. Whether you’re an interested observer or pursuing a career in risk, this book delves into the complex and multi-faceted work that actuaries undertake to quantify, manage and commodify risk—supporting our society and servicing a range of multi-billion-dollar industries.</p><p>Starting at the most basic level, this book introduces key concepts in actuarial science, insurance and pensions. Through case studies, explanations and mathematical examples, it fosters an understanding of current industry practice. This book celebrates the long history of actuarial science and poses the problems facing actuaries in the future, exploring complex global risks including climate change, aging populations, healthcare models and pandemic epidemiology from an actuarial perspective. It gives practical advice for new and potential actuaries on how to identify an area of work to go into, how best to navigate (and pass!) actuarial exams and how to develop your skills post-qualification.</p><p><i>A Risky Business</i> illuminates how actuaries are central to society as we know it, revealing what they do and how they do it. It is the essential primer on actuarial science.</p><br></div>
Informations bibliographiques
septembre 2022, Anglais
PALGRAVE MACMILLAN
9783031116735