Actuary – Online Course

Actuary is a comprehensive online course designed to provide learners with the essential skills and knowledge required to become a professional actuary. This course focuses on actuarial principles, valuation techniques, life contingencies, insurance models, risk assessment, and financial planning, making it ideal for anyone pursuing a career in actuarial science.

The course begins with an introduction to actuary, explaining the profession, its responsibilities, and the importance of actuaries in financial and insurance industries. You will then explore actuaries and their environment, understanding the regulatory, economic, and business context in which actuaries operate.

Next, the curriculum covers valuation of cash flows and basic deterministic models, laying the foundation for understanding how actuaries assess financial risks and calculate future payouts. Students will study life tables, life annuities, and life insurance, learning how these tools help model mortality, benefits, and premium calculations accurately.

Advanced modules focus on stochastic life contingencies models and the stochastic approach to insurance and annuities, emphasizing probabilistic methods to assess uncertain outcomes. You will also learn the effects of taxation and inflation on actuarial calculations, and explore probabilistic models, uncertain payments, and profit testing, essential for real-world applications.

The course also includes individual risk models, principles of premium calculation, and multiple decrement theory, equipping students with practical actuarial techniques for pricing insurance, pensions, and other financial products.

Completing this Actuary course prepares learners to work confidently in insurance, pension planning, risk management, and financial services, providing the foundational knowledge required to pass actuarial exams and succeed globally.

Learning Outcomes

1. Understand the role and responsibilities of a professional actuary globally.
2. Apply valuation techniques for cash flows, insurance, and annuities correctly.
3. Model life contingencies using deterministic and stochastic actuarial methods.
4. Analyze risks using probabilistic models and individual risk frameworks effectively.
5. Calculate premiums and assess financial products accurately under uncertainty.
6. Understand taxation, inflation, and financial regulations impacting actuarial decisions.

Course Link : Actuary – Online Course

Course Curriculum

• Module 01: Introduction to Actuary
• Module 02: Actuaries and Their Environment
• Module 03: The Valuation of Cash Flows
• Module 04: The Basic Deterministic Model
• Module 05: The Life Table
• Module 06: Life Annuities
• Module 07: Life Insurance
• Module 08: The Stochastic Life Contingencies Model
• Module 09: The Stochastic Approach to Insurance and Annuities
• Module 10: Taxation and Inflation
• Module 11: Probabilistic Models, Uncertain Payment and Profit Testing
• Module 12: Individual Risk Models
• Module 13: Principles of Premium Calculation
• Module 14: Multiple Decrement Theory

Disclaimer:

This is an online course with pre-recorded lessons. You will get access to the course within 48 hours after your enrolment.