Books > Reference & Interdisciplinary > Communication studies > Decision theory > Risk assessment
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A Risky Business - An Actuary's Guide to Quantifying and Managing Risk in Society (Hardcover, 1st ed. 2022)
Loot Price: R1,539
Discovery Miles 15 390
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A Risky Business - An Actuary's Guide to Quantifying and Managing Risk in Society (Hardcover, 1st ed. 2022)
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Intangible, invisible and worth trillions, risk is everywhere. Its
quantification and management are key to the success and failure of
individuals, businesses and governments. Whether you're an
interested observer or pursuing a career in risk, this book delves
into the complex and multi-faceted work that actuaries undertake to
quantify, manage and commodify risk-supporting our society and
servicing a range of multi-billion-dollar industries. Starting at
the most basic level, this book introduces key concepts in
actuarial science, insurance and pensions. Through case studies,
explanations and mathematical examples, it fosters an understanding
of current industry practice. This book celebrates the long history
of actuarial science and poses the problems facing actuaries in the
future, exploring complex global risks including climate change,
aging populations, healthcare models and pandemic epidemiology from
an actuarial perspective. It gives practical advice for new and
potential actuaries on how to identify an area of work to go into,
how best to navigate (and pass!) actuarial exams and how to develop
your skills post-qualification. A Risky Business illuminates how
actuaries are central to society as we know it, revealing what they
do and how they do it. It is the essential primer on actuarial
science.
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