1. The world of work How is mathematics used in the world of work? Tool WE-2: Mathematics in banking, insurance and risk

2. Overview Mathematics in banking Exploring a modelling activity

3. Engaging maths Read the extract What do you understand by the term 'mathematical model'? How is modelling used in the world of work? What should students learn about modelling?

5. Insuring against death Work through the activity You will need spreadsheet software Use the teacher notes

6. Discussion How would you use this activity? Why would you use this activity?

7. Finishing off Plan to teach a modelling activity (either this one or another that relates to the World of Work) With which class will you use it? What questions will you investigate? Be ready to report back next time.