Financial Mathematical Formulas Course
Dive into financial math formulas for pricing term life insurance, assessing portfolio risks, and performing scenario analyses. You'll learn expected present values, premium calculations, mortality modeling, and stress testing to drive informed decisions in insurance and finance.

4 to 360h flexible workload
certificate valid in your country
What will I learn?
This course equips you with essential tools for life tables, mortality models, and actuarial present values. Master pricing 20-year term policies, pure risk and gross premiums, plus portfolio risk via binomial and normal methods. Gain expertise in sensitivity analysis, stress testing, and documentation for robust models.
Elevify advantages
Develop skills
- Master life tables: interpret qx, px, lx and choose appropriate mortality tables.
- Price term policies: calculate EPV and level premiums for 20-year term life insurance.
- Design risk premiums: incorporate expenses and profit to determine gross premiums.
- Analyze portfolio risk: compute claim variance and tail probabilities.
- Conduct sensitivity tests: evaluate effects of interest rate 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 are saying
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