FUNDAMENTALS OF SHORT-TERM ACTUARIAL MODELING

ACTSCI 650

Advanced problems in the mathematical theory of life contingencies; force of mortality, laws of mortality; premiums and reserves for insurance and annuities based on a single life.

ACTSCI 640

Introduction to statistical learning theory and methods for analyzing and modeling risks in actuarial applications. Topics include linear and nonlinear models; diagnostics and assessment of predictive models; variable and model selection; and non-supervised learning techniques.

ACTSCI 653

Estimation of parameters of probability distributions appropriate for insurance data that are heavy tailed and skewed; assessment of credibility of data for ratemaking.

ACTSCI 651

Joint life probabilities, annuities and insurances; multiple-decrement theory; pension fund mathematics.

ACTSCI 300

Develop a knowledge of fundamental mathematical tools for quantitatively assessing risk. Emphasize the applications of these tools to problems encountered in actuarial science.