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.
Certification:
Enhance your profile with a CPD-accredited certificate, available for an additional cost after course completion.
Requirements
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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