Aug 09, 2020  
2018-2019 Undergraduate Catalog 
    
2018-2019 Undergraduate Catalog [ARCHIVED CATALOG]

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MATH 417C - Short-Term Actuarial Mathematics III


Description:
Mathematical tools for short-term insurance, including insurance and reinsurance coverage, pricing, and reserving. Course will be offered on even numbered years (Spring).

Prerequisites:
Prerequisite: MATH 417B with a grade of C or higher.

Credits: (3)

Learner Outcomes:
Upon successful completion of this course, the student will be able to:

  • Compare and contrast different types of short-term insurance and forms of reinsurance.
  • Compare and contrast the different forms of experience rating.
  • Estimate unpaid losses for short-term insurance.
  • Evaluate premiums using pure premium and loss ratio methods.
  • Design an appropriate actuarial model for a given situation or application.
  • Assess the appropriateness of an actuarial model for a given application.
Learner Outcomes Approval Date:
3/1/18



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