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

from 4 to 360h 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. Master pricing 20-year term policies, computing pure risk and gross premiums, and evaluating portfolio risk 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 choose appropriate mortality tables.
- Price term policies: calculate EPV and level premiums for 20-year life insurance.
- Design risk premiums: include expenses and profit to set gross annual premiums.
- Analyze portfolio risk: assess claim variance and tail loss probabilities.
- Conduct sensitivity and stress tests: evaluate 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
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