MA 459 - Short Term Actuarial Mathematics

4.00 credits.

A comprehensive development of the various models useful for short term actuarial applications. Topics include severity models; frequency models; aggregate models; coverage modifications; risk measures; construction and selection of parametric models; credibility; insurance and reinsurance coverages; pricing and reserving for short-term insurance coverages. This course is aimed at students preparing for the Actuarial Examination STAM. *Prerequisite(s): MA 255 and MA 351. Signature Learning Experience: Capstone Experience. Spring semester, even-numbered years.