Financial Mathematical Formulas Course
Master key financial math formulas for pricing term life insurance policies, evaluating portfolio risks, and conducting scenario analyses. Explore expected present values, premium calculations, mortality modeling, and stress testing to enable informed, data-backed choices in insurance and finance fields.

from 4 to 360h flexible workload
valid certificate in your country
What will I learn?
This course provides hands-on tools for life tables, mortality models, and actuarial present values. You will learn to price 20-year term policies, compute pure risk and gross premiums, and assess portfolio risk with binomial and normal methods. Gain expertise in sensitivity analysis, stress testing, and documenting models, assumptions, and results for rigorous review.
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 term life insurance.
- Design risk premiums: incorporate expenses and profit margins into gross annual premiums.
- Analyze portfolio risk: measure claim variance and tail loss probabilities.
- Perform sensitivity and stress tests: evaluate effects of interest rate 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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