Spring 2027

Advanced Long-term Actuarial Modeling

Advanced long-term actuarial modeling covering joint life probabilities, multiple-decrement theory, and pension funds. Students develop multiple state models to calculate premiums and reserves.

offering recorded3 credits
Recorded instructors · Spring 2027 Kirk Peter4.5/5

Summary

1 / 6

Past student reviews · Kirk Peter

Exams were not easy but were considered fair and prepared students for the MLC exam.

What you’ll be able to do

  • Develop and utilize multiple state models in actuarial applications and calculate premiums and reserves for policies associated with multiple state models.

  • Apply special cases of multiple state model in actuarial practice, including the multiple decrement and multiple life models.

  • Understand liabilities and required contributions for pension plans and post retirement health plans.

  • Evaluate premiums and liabilities for Universal Life insurance policies.

  • Apply profit testing methodology to price and evaluate insurance policies.

Source: UW Guide

Grade history

↗
average GPA
letter grades
A
AB
B
BC
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All recorded terms · compare terms & instructors

Prerequisites

Course map

ACT SCI 650

ACTSCI 651

This is a best-effort interpretation; check the catalog requirements above.

Prerequisite text tree

Professors

Spring 2027

Kirk Peter

Adjusted rating
RMP difficulty
captured reviews
About this rating

Raw average: 4.82/5 from 56 quality ratings. The adjusted rating blends this with the UW review average (3.66/5), weighted as 20 additional ratings. Smaller samples stay closer to that average. Each captured review is counted once in the prior; this does not correct who chooses to leave a review.

For this course: 5.0/5 raw quality · 3.0/5 difficulty · 1 reviews

RMP profile ↗ · All captured review dates; profile matched by name.

Past student reviews · Kirk Peter

Kirk Peter was described as a supportive and personable professor who genuinely cared about students and was always willing to help. The reviewer noted that while exams were not easy, they were fair and prepared students for the MLC.

Recent recorded grades — Fall 2024: 3.40 GPA, 66.7% A/AB (n=21 letter grades); Spring 2025: 3.05 GPA, 45.5% A/AB (n=11 letter grades); Spring 2026: 3.28 GPA, 61.8% A/AB (n=34 letter grades).

Historical instructors & teaching patterns

KIRK PETER is recorded teaching in Spring 2014, Spring 2015, Fall 2015, Spring 2018, Spring 2020, Spring 2022, Spring 2023, Fall 2023, Spring 2024, Fall 2024, Spring 2025, Spring 2026. Recorded history may be incomplete and does not establish a future schedule.

Recorded history may be incomplete and does not establish a future schedule.

Calendar & sections

Spring 2027

Schedule loads here as you scroll.

SectionModeEnrolled / capacityWaitlist
LEC 001Classroom Instruction0 / 540

Times are Central. Select a meeting for details; export includes recorded dates for the selected sections. Enrollment reflects scan time.

Meeting source records
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Student experience

the class

Past student reviews · Kirk Peter

Kirk Peter is described as a fantastic, personable professor who genuinely cares about students and is always willing to help.

Recent recorded grades — Fall 2024: 3.40 GPA, 66.7% A/AB (n=21 letter grades); Spring 2025: 3.05 GPA, 45.5% A/AB (n=11 letter grades); Spring 2026: 3.28 GPA, 61.8% A/AB (n=34 letter grades).

difficulty & workload

Past student reviews · Kirk Peter

Exams were not easy but were considered fair and prepared students for the MLC exam.

Past student reviews · Kirk Peter

A student noted that Kirk was their favorite professor at UW, citing his approachability and willingness to discuss any topic.

Topics

  • Joint life probabilities, annuities, and insurances
  • Multiple-decrement theory and multiple state models
  • Pension plan liabilities and required contributions
  • Universal Life insurance policy evaluation

Skills

  • Developing and utilizing multiple state models to calculate premiums and reserves
  • Applying profit testing methodology to price and evaluate insurance policies
  • Analyzing joint life probabilities, annuities, insurances, and pension fund mathematics

Grades

Latest available · Spring 2026— not enough history to project Spring 2027.

average GPA
A / AB grades
letter grades
Instructor

Grade distribution · % of letter grades

A
AB
B
BC
C
D
F

Grades over time

Through Spring 2026

More grade details Grade mix, volume & source data

Where this course fits relative to

Latest available grades · Spring 2026 · all course levels

GPA

Higher than % of other courses in this group.

Course GPAs · red marks this course’s range

letter grades

More recorded grades than % of other courses in this group.

Typical course in this group: letter grades.

About this comparison

1280 courses over the same term, each with at least 30 recorded letter grades. Cross-listed courses count once. GPA is not a measure of difficulty or teaching quality. The typical course is the median by recorded grade count; tied values are not counted as lower. Grade counts describe course scale, not unique students or typical section size.

Descriptions compare GPA with this group’s average: at least 0.20 higher or lower; otherwise close to average. Section size uses median recorded enrollment: small up to 30, mid-sized 31–99, large 100+. Lectures and discussion/lab sections are described separately.

Sources & history

UW–Madison

Catalog & offerings

Descriptions, prerequisites, and recorded course offerings.

Catalog observation history

Observations at scan time; dates do not imply when a catalog change took effect.

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Selected offering source records
ACTSCI 651 · Spring 2027

Advanced Long-Term Actuarial Modeling

Recorded 2026-10-14
Raw records 
[
  {
    "run_id": "20261014T203208-0851c9a1",
    "semester": "1274",
    "observed_at": "2026-10-14 17:50:09.728220+00:00",
    "offering_id": "1274:242:003680",
    "course_id": "ACTSCI 651",
    "course_uid": "course_70e9892ee38d8e6852d59a7d",
    "term_id": "1274",
    "source_course_id": "003680",
    "source_subject_id": "242",
    "title": "Advanced Long-Term Actuarial Modeling",
    "credits_min": 3,
    "credits_max": 3,
    "typically_offered": "Spring"
  }
]
Rate My Professors

Student reviews

Original comments behind the course and instructor summaries.

Read original reviews
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Madgrades

Grade history

Recorded grade distributions by term, section, and instructor.

Explore recorded grades
Dataset & model

Recorded 2026-10-14

View the dataset on Hugging Face
Model outputs & technical records
Qwen/Qwen3.8-27B
LLM outputs across runs
Download part 1
Full model traces

Recorded model configuration, reasoning, and tool conversations.

Download part 1
Model & dataset provenance 
{
  "model": "Qwen/Qwen3.8-27B",
  "model_revision": "1d4bf0f2ff6012fd82039f2fa52739d0dd7c60c0",
  "task_version": "17",
  "output_id": "87058e573f9bbeecead38812e3584af2251376bf0bd6d73f437624ce37c344b6",
  "requirements_status": "valid",
  "dataset_revision": "fc1811fa52e581ea57a35c0cf3343f8740a8ffbf",
  "observed_at": "2026-10-14 17:50:09.728220+00:00"
}