Actuarial Mathematics Course
Master the mathematical foundations of actuarial science, from probability theory and life contingencies to loss models and policy reserves. This course equips you with the rigorous analytical tools required for actuarial credentialing and professional practice. Whether you are preparing for qualifying exams or advancing your career in insurance or pensions, this is the comprehensive programme you need.

from 4 to 360h flexible workload
valid certificate in your country
What will I learn?
You will develop a thorough command of life table theory, life insurance and annuity valuation, premium calculation principles, and policy reserve methods. The course covers individual and aggregate loss models, classical ruin theory, credibility theory, and advanced topics including multi-state Markov models and stochastic interest rates. You will also study financial mathematics, statistical methods, reinsurance structures, and actuarial technology tools. Supplementary material addresses professional ethics, actuarial standards of practice, and effective communication of actuarial findings. Every topic is grounded in the notation, methods, and frameworks used in real actuarial work.
Elevify advantages
Develop skills
- Life Table Construction: Build and interpret mortality tables to derive accurate survival probabilities.
- Premium Calculation: Apply the equivalence principle to price life insurance and annuity contracts.
- Reserve Valuation: Compute prospective and retrospective policy reserves for multiple contract types.
- Aggregate Loss Modelling: Quantify portfolio-level risk using frequency-severity frameworks and risk measures.
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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