Article · Wikipedia archive · Last revised Jul 23, 2026

Actuarial control cycle

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 to specify a problem, develop a solution, monitor the consequences thereof, and repeat the process. 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.

Last revised
Jul 23, 2026
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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

References

  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)