Financial Mathematical Formulas Course
Gain expertise in financial mathematical formulas for pricing term life insurance, assessing portfolio risks, and performing scenario analyses. Master expected present value, premiums, mortality models, and stress testing to support informed decisions in insurance and finance.

flexible workload from 4 to 360h
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. You will learn to price 20-year term policies, compute pure risk and gross premiums, and evaluate portfolio risks using binomial and normal methods. Develop proficiency in sensitivity analysis, stress testing, and thorough documentation to ensure your models and results are robust and reliable.
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 margins for gross annual premiums.
- Analyse 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.What our students say
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