Financial Mathematical Formulas Course
Gain expertise in financial mathematical formulas for pricing term life insurance, assessing portfolio risk, and performing scenario analysis. Master expected present value, premiums, mortality models, and stress testing to drive informed decisions in insurance and finance. This course equips you with essential tools for practical actuarial work.

4 to 360 hours flexible workload
valid certificate in your country
What will I learn?
This course provides practical tools for life tables, mortality models, and actuarial present values. Learn to price 20-year term policies, compute pure risk and gross premiums, and evaluate portfolio risk with binomial and normal methods. Develop skills in sensitivity analysis, stress testing, and robust documentation for reliable models and results.
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: incorporate expenses and profit margins for gross premiums.
- Analyse portfolio risk: assess claim variance and tail risk probabilities.
- Conduct sensitivity and stress tests: evaluate 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.What our students say
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