Health and Care Specialist Principles and Advanced (SP1 and SA1) are key assessments for students working in the field of health and care. For the new curriculum we have developed learning material covering changes in the health and care environment, the products sold, the legislative and regulatory environment, risks and risk management and pricing. Key developments include for SA1 drawing on examples from different territories. In particular looking at the health care challenges in different markets around the world.
The aim of Health and Care Principles (SP1) is to develop a student’s ability to apply, in simple situations, the main principles of actuarial planning and control that are relevant to the provision of health and care business.
It builds on material covered in earlier subjects and seeks to equip a student with the skills and broad working understanding of health and care business to the level that may be required of a qualified actuary in a health and care insurance company.
It is 3 hours and 20 mins-based assessment.
In the SP subjects, the approximate split of assessment across these three skill types is 25% Knowledge, 50% Application and 25% Higher Order Skills.
SP1 SSP (Self Study Programme)
₹10,000.00 – ₹15,000.00
Why SP1 from The Academic Junction??
- Experienced corporate faculties with 13-14 exams cleared to make you understand the application of knowledge contained in the subject.
- Classes available in all 3 modes – Classroom, Live Online, and Videos.
- Multiple small batches to focus on personal interaction and development.
- Regular Assignments and feedback sharing to discuss your improvement areas.
- Detailed Study plan, Chapter Wise Important Topics Detailed description – main highlights.
- Exclusive writing and discussion sessions oriented to case studies and past papers discussion.
- Regular doubt classes to help you learn technical skills and clear your conceptual knowledge.
- 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 All India ST4 Topper.
- Handwritten Notes for Each and Every Chapter.
SP1 Course Content
The aim of Health and Care (SP1) is to develop a student’s ability to apply the main principles and techniques of actuarial management and control that are relevant to Health and Care.
It builds on material covered in earlier subjects to cover the key principles of Health and Care
Exam format:
3 hours and 20 minutes exam.
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.
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)
Sp1 Syllabus
1. Health and Care products and general business environment (15%)
2. Product design and specific features (25%)
3. Risks and risk management (30%)
4. Models and valuation (15%)
5. Monitoring experience and setting assumptions (15%)
Mrs. Silky Goyal
Silky Goyal is coming straight from the industry and now at a place where her heart lies.
Visionary on the path of becoming an actuary laid the foundation of The Academic Junction.
Corporate Experience combined with on job training helps her to combine real life experiences with theoretical concepts which turns theory subjects into practical and more interesting.
To know more about our faculty – Click on Linkedin Profile –
To watch our demo videos
For detailed content of SP1, please click on the attached file-
SP1 Detailed Content File
