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Financial Mathematical Formulas Course

Financial Mathematical Formulas Course
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 risks via binomial and normal methods. Develop proficiency in sensitivity analysis, stress testing, and thorough documentation to ensure robust models and reliable outcomes.

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: estimate 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 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

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Very great course. Lots of rich information.
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