This paper considers an alternative way of structuring stochastic variables in a dynamic programming framework where the model structure dictates that numerical methods of solution are necessary. Rather than estimating integrals within a Bellman equation using quadrature nodes, we use nodes...

A report on an introduction of a “flipped classroom” approach to lectures in a final-year actuarial course is presented. At the heart of the flipped classroom is moving the “delivery” of material outside of formal class time and using formal class time for students to undertake...

This paper considers an alternative way of structuring stochastic variables in a dynamic programming framework where the model structure dictates that numerical methods of solution are necessary. Rather than estimating integrals within a Bellman equation using quadrature nodes, we use nodes...

This paper summarizes views on the superannuation system and its regulation collected through interviews of fund executives. While the majority of interviewees saw the superannuation system as working relatively well, some areas of concern were detected. Issues raised relate to: certain aspects...

This paper reports on an investigation into actuarial education in Australia. The approach taken is to review the education frameworks of three other professions, namely the accounting, engineering and medical professions and compare with the actuarial profession. Competency frameworks and...