This subject equips the students with the main principles of actuarial planning and control needed for the financial management of investments.
SP5 is to be assessed in 3 hours and 15 mins exam.



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    Course Structure

    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 Assessments 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%)

    About Faculty

    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 –

    Demo Lectures

    To watch our demo videos


    SP1 Content Lectures

    1. SP1 Orientation Session
    2. SP1 Ch 1
    3. SP1 Ch 1
    4. SP1 Ch2
    5. SP1 Ch3
    6. SP1 Ch4
    7. SP1 Ch4
    8. SP1 Ch5
    9. SP1 Ch6
    10. SP1 Ch7
    11. SP1 Ch 1-7
    12. SP1 Ch 8
    13. SP1 Ch 8 and 9
    14. SP1 Ch10
    15. SP1 Ch12
    16. SP1 Ch13-16
    17. SP1 Ch13-16
    18. SP1 Ch17-20
    19. SP1 Ch17-20
    20. SP1 Ch17-20
    21. SP1 Ch 23-25
    22. SP1 Ch 26
    23. SP1 Ch 26-28
    24. SP1 Ch 26-28
    25. SP1 Ch 26-28
    26. SP1 Ch 11
    27. SP1 Ch 21
    28. SP1 Ch 21
    29. SP1 Ch 22
    30. SP1 Ch 29

    SP1 Assignments

    1. SP1 Assignment Chapter 1-5
    2. SP1 Assignment Chapter 6-16
    3. SP1 Assignment Chapter 17-20
    4. SP1 Assignment Chapter 21-25
    5. SP1 Assignment Chapter 26-29