May 02, 2024  
College Catalog 2022-2023 
    
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College Catalog 2022-2023 [ARCHIVED CATALOG]

MA 458 - Advanced Long Term Actuarial Mathematics

4.00 credits.
A comprehensive development of advanced topics in actuarial science related to long-term insurance. Topics include survival models for multiple state contingent cashflows; estimation in the multiple state model; premium and policy valuation for long-term state-dependent coverages; profit analysis; pension plans and retirement benefits; embedded options in life insurance and annuity products. This course is aimed at students preparing for the Actuarial Examination ALTAM. *Prerequisite(s): MA 456 . Signature Learning Experience: Capstone Experience. Spring semester, odd-numbered years.