Actuarial Modeling I. 3 credits

Catalog description

Two-semester sequence covering portions of the material corresponding to the Society of Actuaries Exam M, Casualty Actuary Society Exam 3, and Joint Board Exam EA1. The remaining material for these exams is covered in MATH 551 and 653 . Topics include survival distribution and life tables, life insurance, life annuities, net premiums, net premium reserves, multiple life and multiple decrement models, pensions, insurance models including expense, and nonforfeiture benefits and cash values. Offered by Mathematics . May not be repeated for credit.