FUNDAMENTALS OF LONG-TERM ACTUARIAL MODELING

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 652

Definition and selection of probability distributions appropriate for insurance data that are heavily tailed and skewed.

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.

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.