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Financial Mathematical Formulas Course

Financial Mathematical Formulas Course
4 to 360 hours flexible workload
valid certificate in your country

What will I learn?

This course equips you with essential tools for handling life tables, mortality models, and actuarial present values. You will learn to price 20-year term policies, compute pure risk and gross premiums, and assess portfolio risk via binomial and normal approximations. Develop capabilities in sensitivity analysis, stress testing, and thorough documentation to ensure robust models, assumptions, and outcomes.

Elevify advantages

Develop skills

  • Mastery of life tables: interpret qx, px, lx and choose appropriate mortality tables.
  • Pricing term life policies: calculate EPV and level premiums for 20-year coverage.
  • Designing risk premiums: incorporate expenses and profit loadings for gross annual premiums.
  • Analysing portfolio risk: estimate variance of aggregate claims and tail loss probabilities.
  • Conducting sensitivity and stress tests: assess 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.
Workload: between 4 and 360 hours

What our students say

Your lessons are perfect. I purchased the one-year package and finally have the chance to follow several topics I'm interested in without having to switch platforms... thank you for everything you do, I've already recommended you to others...
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Giulio CarloDigital Marketing Student
I like how the lessons get straight to the point and how I can switch chapters and skip content I don't need.
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Mariana FerresPhotography Student
I like the content and the way the videos are presented and transcribed, which speeds up the process!
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Luciana AlvarengaNail Design Student
The platform is fast and easy to use. The variety of content and the supplementary videos really help with learning.
Giulio Carlo
Giulio CarloPrompt Engineering Student

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