Financial Mathematical Formulas Course
Dive into financial mathematical formulas for pricing term life insurance, evaluating portfolio risks, and performing scenario analyses. Acquire skills in expected present values, premium calculations, mortality modelling, and stress testing to drive informed decisions in insurance and finance sectors. Build confidence in handling complex actuarial computations with practical, real-world applications.

from 4 to 360h 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. Master pricing 20-year term policies, computing pure risk and gross premiums, and assessing portfolio risk via binomial and normal methods. Gain expertise in sensitivity analysis, stress testing, and precise documentation to ensure robust models and reliable outcomes.
Elevify advantages
Develop skills
- Master life tables: analyse qx, px, lx and choose appropriate mortality tables.
- Price term policies: calculate EPV and level premiums for 20-year term life insurance.
- Design risk premiums: incorporate expenses and profit margins for gross premium rates.
- Analyse portfolio risks: compute claim variance and tail risk probabilities.
- Conduct sensitivity tests: evaluate effects of interest rate and mortality variations.
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.What our students say
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