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