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

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 workloadWhat 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 EAD or online course and how does it work?
PDF Course