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Financial Mathematical Formulas Course

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

What will I learn?

This course equips you with hands-on 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 with binomial and normal methods. Develop skills in sensitivity analysis, stress testing, and solid documentation to ensure your models and results hold up under review.

Elevify advantages

Develop skills

  • Master life tables: understand qx, px, lx and pick right 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.
  • Analyse portfolio risk: measure 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
Workload: between 4 and 360 hours

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