Actuarial control cycle

^{[original research?]}

The actuarial control cycle is a specific business activity which involves the application of actuarial science to real world business problems. The actuarial control cycle requires a professional within that field (i.e., an actuary) to specify a problem, develop a solution, monitor the consequences thereof, and repeat the process.^[1] The Society of Actuaries in the US, and the IFoA in the UK is increasingly integrating the actuarial control cycle into the examination/qualification process as a framework that helps to define actuarial projects.

References

^ Jamshaid Islam MBA FSA FPSA; 10–11 June 2006; 'LUMS Workshop on Mathematics of Risk Management'; retrieved 4 September 2008; "Archived copy" (PDF). Archived from the original (PDF) on 15 December 2006. Retrieved 4 September 2008.{{cite web}}: CS1 maint: archived copy as title (link)

This business term article is a stub. You can help Wikipedia by expanding it.

[1] Jamshaid Islam MBA FSA FPSA; 10–11 June 2006; 'LUMS Workshop on Mathematics of Risk Management'; retrieved 4 September 2008; "Archived copy" (PDF). Archived from the original (PDF) on 15 December 2006. Retrieved 4 September 2008.{{cite web}}: CS1 maint: archived copy as title (link)

[1]