Financial Mathematical Formulas Course
Dive into financial maths formulas for pricing term life policies, assessing portfolio risk, and scenario analysis. Grasp EPV, premiums, mortality models, and stress testing to drive informed decisions in insurance and finance. Build practical skills for real-world applications in actuarial work.

from 4 to 360h flexible workload
certificate valid in your country
What will I learn?
This course equips you with key tools for life tables, mortality models, and actuarial present values. Master pricing 20-year term policies, pure risk and gross premiums, plus portfolio risk via binomial and normal methods. Gain expertise in sensitivity analysis, stress testing, and solid 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 cover.
- Design risk premiums: incorporate expenses and profit to set gross annual premiums.
- Analyse portfolio risk: measure claim variance and tail loss 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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