Financial Mathematical Formulas Course
Gain expertise in financial maths formulas for pricing term life insurance, assessing portfolio risks, and performing scenario analyses. Master expected present values, premiums, mortality models, and stress testing to drive informed decisions in insurance and finance.

4 to 360 hours flexible workload
valid certificate in your country
What will I learn?
This course equips you with essential tools for life tables, mortality models, and actuarial present values. You'll learn to price 20-year term policies, compute pure risk and gross premiums, and evaluate portfolio risks via binomial and normal methods. Develop proficiency in sensitivity analysis, stress testing, and robust documentation to ensure your models withstand rigorous review.
Elevify advantages
Develop skills
- Master life tables: interpret qx, px, lx and pick appropriate mortality tables.
- Price term policies: calculate EPV and level premiums for 20-year life cover.
- Design risk premiums: include expenses and profit margins for gross annual premiums.
- Analyse portfolio risk: estimate claim variance and tail loss probabilities.
- Conduct sensitivity and stress tests: assess effects of interest and mortality changes.
Suggested summary
Before starting, you can change the chapters and the workload. Choose which chapter to start with. Add or remove chapters. Increase or decrease the course workload.What our students say
FAQs
Who is Elevify? How does it work?
Do the courses have certificates?
Are the courses free?
What is the course workload?
What are the courses like?
How do the courses work?
What is the duration of the courses?
What is the cost or price of the courses?
What is an online course and how does it work?
PDF Course