Principles of Actuarial Modelling
By MJ the Fellow Actuary
4.39 (201 reviews)
1,785
students
1 hour
content
Feb 2022
last update
$59.99
regular price
What you will learn
We will discuss what a model is and why actuaries make them. We will look at their components and discuss their limitations. We will also compare the stochastic model to the deterministic model and determine how to choose between them. We will also consider stress testing, scenario analysis and sensitivity testing before looking at Time Horizons and communication.
Why take this course?
This is a theoretical course for the Actuarial Exams.
The course answers the following questions
What is a model and why do Actuaries make them?
What are the components of a model?
What are the limitations of models?
Deterministic vs Stochastic: Whats the difference?
What is the Time Horizon?
What is Stress Testing?
What is Scenario Analysis?
What is Sensitivity Testing?
How do we communicate a Model's results?
Actuarial Exams:
Almost all actuarial subjects involve models and so this subject is appropriate for them all.
Screenshots
Reviews
Riya
September 19, 2022
could have had a modelling mini project alongside to have a better insight on the whole thing// this was great tho
Orson
August 31, 2020
The course is stimulating, the instructor knows his field very well in addition he captivates the attention by his explanation very well elaborate he plunges you into the problem as if you were I highly recommend it because he will show you how to model an actuarial problem realistically in business
Arpit
March 30, 2020
This Course goes through the essential basics of Actuarial Modeling in a very clear and concise manner. Very good for Actuarial Aspirants who are studying actuarial science. However, I won't recommend this course to work professionals, since the knowledge provided in this course is very basic. Overall, it's a nice course.
Angelika
March 19, 2020
This course is really a very general overview of principles of actuarial modeling, with no example of calculations of a real model. The explications are very clear as usual. Thank you!
Charts
Price
Rating
Enrollment distribution
Related Topics
2877926
udemy ID
3/17/2020
course created date
3/20/2020
course indexed date
Bot
course submited by