Course name

Pensions and Annuities

About the Instructor

Ryo Matsubara

Acting Member of the Institute of Actuaries of Japan, Pensions and Annuities

March, 1979 – Earned a Bachelor’s of Science from the International Christian University College of Liberal Arts

April, 1979 – Joined the Ministry or Health and Welfare (now Health, Labour and Welfare)

April, 1990 – Joined the Long-Term Credit Bank of Japan, Ltd. (currently Shinsei Bank), then Hewitt Associates (now Aeon Hewitt Japan), Nikko Research Center, In Nikko pension consulting etc., worked in consulting on retirement benefit systems, due diligence work in M & A, and retirement benefit bligation calculations.


Toru Soeda

Fellow of the Institute of Actuaries of Japan
Member of the Securities Analysts Association of Japan

Graduated from Sopia University, Department of Science and Engineering – Mathematics
Master of Science in Mathematics from Sophia University’s Graduate School of Science and Technology

Toyo Trust Bank, Ltd. Pension Trust Department
Nikko Research Center Co., Ltd. Pension Research Institute
Nomura Pension Support & Service Pension Research Institute
Engaged in business consulting for corporate pension settlements, retirement benefit obligations, and retirement benefit systems.
Also,
Mass Mutual Life Insurance Co., Ltd. Product Development Department
AIG Fuji Life Insurance Co., Ltd. Product Development Department
Engaged in the development of temporary payment products for bank sales products, products for corporations, medical insurance for individuals, etc.

Lecture schedule

A total of 18 class sections during 9 days (2 two-hour sections per day)
For the first 6 to 7 days, practice problems will be covered after lecture. During the remaining days, we will cover only review problems.
Mr. Matsubara will run classes in July and August, while Mr. Soeda will be the lecturer in charge of September and October classes.

For the textbook, we will use the March of 2015 (Heisei 27) Revised Edition of Pension Mathematics, of the Institute of Actuaries of Japan.  In addition, we will not go over in great detail interest rates or life tables, which are covered extensively in Life Insurance Mathematics.  Instead, we will focus on issues peculiar to pension actuarial subjects, such as financial methods and fiscal management of corporate pensions.

Day 1: Fundamentals of Pension Plans and Pension Mathematics
Days 2 & 3: Financial Methods
Days 4 & 5: Financial Validation, Corporate Pension Mathematics
Days 6 & 7: Other Topics
Days 8 & 9: Problem Exercises

For the exercises, we mainly cover past problems from the actuary exam (most recent 4 years), and the end-of-chapter problems in the textbook.

※If you cannot attend class at any time, we are able to provide a video recording of the lecture or lectures missed for those who have paid full tuition at the time of application.  Please do not hesitate to take advantage of this service.

Inquiries and Questions

Please feel free to contact us by email or phone.

Email:  secretary@yoshidaand.co.jp
Phone:  080-4339-4650