Booking options
£12
£12
On-Demand course
2 hours 30 minutes
All levels
Uncover the secrets behind financial foresight in our captivating Actuarial Science course. Navigate through the intricate world of financial risk assessment and valuation with a curriculum meticulously designed to empower you with the skills demanded in today's dynamic financial landscape. Delve into the realm of cash flow valuation and deterministic models, gaining insights into the backbone of financial decision-making. Explore life tables, annuities, and insurance, mastering the stochastic approach to contingencies. Confront challenges posed by taxation and inflation, unravel probabilistic models, and refine individual risk assessment. Embrace the principles of premium calculation and delve into the intricacies of multiple decrement theory.
Key Features:
CPD Certified
Free Certificate from Reed
CIQ Approved
Developed by Specialist
Lifetime Access
In this riveting exploration, discover the art of individual risk models and the principles of premium calculation. Craft a profound understanding of multiple decrement theory, equipping yourself with indispensable knowledge for navigating the complexities of financial landscapes. Elevate your financial acumen with this comprehensive exploration of actuarial science, where each module unravels a layer of strategic financial insight.
Course Curriculum
Module 1: Introduction to Actuary
Module 2: Actuaries and Their Environment
Module 3: The Valuation of Cash Flows
Module 4: The Basic Deterministic Model
Module 5: The Life Table
Module 6: Life Annuities
Module 7: Life Insurance
Module 8: The Stochastic Life Contingencies Model
Module 9: The Stochastic Approach to Insurance and Annuities
Module 10: Taxation and Inflation
Module 11: Probabilistic Models, Uncertain Payment and Profit Testing
Module 12: Individual Risk Models
Module 13: Principles of Premium Calculation
Module 14: Multiple Decrement Theory
Learning Outcomes:
Analyze and value cash flows with precision for strategic decision-making.
Master the stochastic life contingencies model for advanced risk assessment.
Apply principles of premium calculation to craft financially sound strategies.
Develop a deep understanding of taxation and inflation in financial scenarios.
Navigate uncertainties with individual risk models for robust financial planning.
Acquire expertise in multiple decrement theory for comprehensive risk management.
10 CPD hours / points Accredited by CPD Quality Standards
The World of Actuaries 2:31:13 1: Module 1: Introduction to Actuary 12:29 2: Module 2: Actuaries and Their Environment 14:21 3: Module 3: The Valuation of Cash Flows 11:39 4: Module 4: The Basic Deterministic Model 10:50 5: Module 5: The Life Table 10:37 6: Module 6: Life Annuities 13:35 7: Module 7: Life Insurance 12:16 8: Module 8: The Stochastic Life Contingencies Model 10:46 9: Module 9: The Stochastic Approach to Insurance and Annuities 10:47 10: Module 10: Taxation and Inflation 07:58 11: Module 11: Probabilistic Models, Uncertain Payment and Profit Testing 07:58 12: Module 12: Individual Risk Models 07:11 13: Module 13: Principles of Premium Calculation 10:22 14: Module 14: Multiple Decrement Theory 09:24 15: CPD Certificate - Free 01:00
Financial Analysts seeking advanced risk assessment skills.
Actuarial Enthusiasts eager to delve into stochastic life contingencies models.
Strategic Planners aiming to apply premium calculation principles effectively.
Financial Managers wanting to master taxation and inflation dynamics.
Risk Management Professionals looking to enhance individual risk modeling skills.
Financial Analyst
Risk Manager
Actuarial Consultant
Investment Strategist
Insurance Analyst
Pension Fund Manager
Digital certificate
Digital certificate - Included
Reed Courses Certificate of Completion
Digital certificate - Included
Will be downloadable when all lectures have been completed.