Aug 15, 2020  
2018-2019 Undergraduate Catalog 
    
2018-2019 Undergraduate Catalog [ARCHIVED CATALOG]

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MATH 419A - Long-Term Actuarial Mathematics I


Description:
Mathematical tools for long-term insurance, including key features of long-term coverage and survival models and their estimation. Course will be offered on even numbered years (Fall).

Prerequisites:
Prerequisite: MATH 411C and MATH 418C with grades of C or higher.

Credits: (4)

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

  • Compare and contrast long-term coverages in insurance (life, health, general) and retirement benefits (pensions, retiree health care).
  • Estimate survival models using nonparametric methods.
  • Formulate Markov chain survival models.
  • Estimate model quantities using approximations for fractional ages.
  • 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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