Fall 2024 Actuarial Science PS5823 section 001

ACTUARIAL MODELS

Call Number 12221
Day & Time
Location
MW 11:40am-12:55pm
212A Lewisohn Hall
Points 3
Grading Mode Standard
Approvals Required None
Instructor Abraham Weishaus
Type LECTURE
Method of Instruction In-Person
Course Description

This course provides an introduction to the tools for pricing and reserving for short term insurance. We will discuss methods for calculating IBNR reserves, ratemaking, frequency and severity models used for modeling coverage modifications, statistical methods for fitting, evaluating, and selecting parametric models for frequency and severity, and three credibility methods.

This class covers the short-term material of Exam FAM and also covers the material of Exam ASTAM of the Society of Actuaries, and some of the material on Exams MAS I, MAS II, and 5 of the Casualty Actuarial Society. This is a core class of the Actuarial Science program. Students who have already taken and passed the FAM exam (or its short term portion) and the ASTAM exam administered by the SOA are exempted from this class and can substitute an elective.

Web Site Vergil
Department Actuarial Science
Enrollment 20 students (20 max) as of 9:05PM Monday, December 2, 2024
Status Full
Subject Actuarial Science
Number PS5823
Section 001
Division School of Professional Studies
Note PRIORITY TO ACTU; OPEN TO CU. IN-PERSON.
Section key 20243ACTU5823K001