Name: The Academic Junction
Address: 37-38, Outram Ln, Kingsway Camp, GTB Nagar,, New Delhi, Delhi,, 110009, IN
Telephone: 09910427442

SA2

Buy SA2 (Full Programme)

SKU: N/A Category: Actuaries

About Course

SA2 – LIFE INSURANCE SPECIALIST ADVANCED

Area	Description
Introduction	Life Insurance Specialist Advanced (SA2) builds on the principles covered in Subject SP2 and develops a more in-depth understanding of life insurance business and the environment in which a life insurance company operates. It focuses on the application of actuarial principles to more complex and realistic life insurance scenarios.
Aim	The aim of Life Insurance Specialist Advanced (SA2) is to develop a student’s ability to apply actuarial principles, judgement and higher-order skills to the management, planning and control of life insurance business.
What You Learn	It builds on the knowledge and skills developed in earlier subjects, particularly SP2, and seeks to equip students with the advanced technical and strategic understanding that may be required of a qualified actuary working in a life insurance company. The subject covers areas including life insurance markets, regulation, legislation, taxation, financial management, monitoring, risk management and business strategies.

Detail	Information
Duration	The assessment is 3 hours and 20 minutes long.

Skill Type	Weightage
Knowledge	10%
Application	50%
Higher Order Skills	40%
In the SA subjects, the approximate split of assessment across these three skill types is 10% Knowledge, 50% Application and 40% Higher Order Skills.

Why TAJ

#	Feature	Details
1	Experienced corporate faculties	With 13-14 exams cleared to make you understand the application of knowledge contained in the subject.
2	Classes available in all 3 modes	Classroom, Live Online and Videos.
3	Multiple small batches	To focus on personal interaction and development.
4	Regular Assignments and feedback sharing	To discuss your improvement areas.
5	Detailed Study plan, Chapter Wise Important Topics	Detailed description- main highlights.
6	Exclusive writing and discussion sessions	Oriented to case studies and past papers discussion.
7	Regular doubt classes	To help you learn technical skills and clear your conceptual knowledge.
8	It’s not about only writing	It’s about what to write and how much to write so writing and discussion sessions is our USP and that too by FIAI.

Area	Coverage
Aim	The aim of Life Insurance Specialist Advanced (SA2) is to develop a student’s ability to apply advanced actuarial principles and techniques to the management, planning and control of life insurance business.
Coverage	It builds on the material covered in SP2 to develop a deeper understanding of the life insurance environment, including markets, regulation, taxation, financial management, monitoring and business strategies.

Detail	Information
SA2	3 hours and 20 minutes exam.
Calculator	Scientific Calculator is allowed in exam. However, you can use only one of the models from the list below. This can also be used for future exams.

#	Allowed Calculator Model	Note
1	Casio FX82 (ES/MS)	With or without any suffix
2	Casio FX83 (ES/MS)	With or without any suffix
3	Casio FX85 (ES/MS)	With or without any suffix
4	Sharp EL531	With or without any prefix or suffix
5	Texas Instruments BA II Plus	With or without any suffix
6	Texas Instruments TI-30	With or without any suffix
7	Hewlett Packard HP12c	With or without any suffix

#	Topic	Weightage
1	Life Insurance Products & General Business Environment	20%
2	Regulatory, Legislative & Taxation Environment	25%
3	Reporting & Management of Capital and Profit	25%
4	General Business Management	30%

About Faculty

Faculty	Mr. Umang Kanodia
About	Umang Kanodia Coming straight from the industry and now at a place where his heart truly lies, he brings a unique blend of corporate experience and actuarial expertise.
Vision	As a visionary on the path of becoming an actuary, he laid the foundation of The Academic Junction.
Teaching Approach	His corporate experience, combined with on-the-job training, allows him to connect real-life industry experiences with theoretical concepts, making theory-based subjects more practical, relatable, and interesting for students.
To know more about our faculty – Click on LinkedIn Profile