Financial Mathematical Formulas Course
Gain expertise in financial mathematical formulas for pricing term life policies, assessing portfolio risk, and conducting scenario analysis. Master EPV calculations, premium setting, mortality models, and stress testing to drive informed decisions in insurance and finance. This course equips you with essential tools for practical actuarial work, ensuring robust models and reliable outcomes in dynamic financial environments.

from 4 to 360h flexible workload
certificate valid in your country
What will I learn?
This course provides hands-on 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 risk with binomial and normal methods. Develop proficiency in sensitivity analysis, stress testing, and documenting models for rigorous review.
Elevify advantages
Develop skills
- Master life tables by interpreting qx, px, lx and choosing appropriate mortality tables.
- Calculate EPV and level premiums for 20-year term life insurance policies.
- Design risk premiums by incorporating expenses and profit loadings for gross rates.
- Analyse portfolio risk by estimating claim variance and tail loss probabilities.
- Perform sensitivity and stress testing to 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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