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This Actuary course gives a thorough overview of the fundamental ideas and practices of the discipline. The program includes a wide range of topics, beginning with an overview of the actuarial profession and its surroundings. The course moves on to discuss cash flow valuation, deterministic and stochastic life contingency models, life annuities, life insurance, taxation, inflation, and probabilistic models. Furthermore, the program delves into uncertain payment situations, profit testing, individual risk models, and premium calculation concepts.

This course, which focuses on multiple decrement theory, provides students with the analytical tools and abilities needed to analyze and manage risks in a variety of financial scenarios. Students obtain a solid foundation in actuarial science through a planned succession of modules, equipping them for a successful career in the industry.

How is this qualification is delivered?

Our courses are taught entirely online, meaning you can access the materials wherever, whenever, at a pace that suits you, without formal deadlines or teaching schedules.

These can be accessed through any device with an internet connection. Our e-learning platform is optimised for use on mobile, tablet, laptops and desktop computers.


Certificates can be obtained at an additional cost of £9.99 for PDF, £16.99 for Printed Hardcopy format and £24.99 for Both for Both PDF and Hardcopy Certificates.


There are no academic entry requirements for this course, and it is open to students of all academic backgrounds.

Course Curriculum

Module 01: Introduction to Actuary
Introduction to Actuary 00:12:00
Module 02: Actuaries and Their Environment
Actuaries and Their Environment 00:14:00
Module 03: The Valuation of Cash Flows
The Valuation of Cash Flows 00:12:00
Module 04: The Basic Deterministic Model
The Basic Deterministic Model 00:11:00
Module 05: The Life Table
The Life Table 00:11:00
Module 06: Life Annuities
Life Annuities 00:14:00
Module 07: Life Insurance
Life Insurance 00:12:00
Module 08: The Stochastic Life Contingencies Model
The Stochastic Life Contingencies Model 00:11:00
Module 09: The Stochastic Approach to Insurance and Annuities
The Stochastic Approach to Insurance and Annuities 00:11:00
Module 10: Taxation and Inflation
Taxation and Inflation 00:08:00
Module 11: Probabilistic Models, Uncertain Payment and Profit Testing
Probabilistic Models, Uncertain Payment and Profit Testing 00:08:00
Model 12: Individual Risk Models
Individual Risk Models 00:07:00
Module 13: Principles of Premium Calculation
Principles of Premium Calculation 00:10:00
Module 14: Multiple Decrement Theory
Multiple Decrement Theory 00:09:00

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  • £24.99
  • 1 year
  • Course Certificate
  • Number of Units14
  • Number of Quizzes0
  • 2 hours, 30 minutes