Actuarial Science
Date: 2018-10-25 Views: 13

Actuarial Science

Course No.: SMJ2221125     Credit(s):2

  

Course Description

Actuarial Science is an important core course of insurance which systematically introduces the basic concepts, principles and skills of actuarial science to help students grasp some concepts and calculations. These lay the necessary theory foundation for the further study on insurance quantitative analysis.

Course Learning Outcomes

After studying the course, students can master the basic theory of life insurance actuarial theory, clear life insurance actuarial is the science foundation of life insurance management, understand the basic concept of interest, can solve practical problems in commercial insurance and various social insurance business.

Relationship to Other Courses

Pre-requisites: Finance, Probability Theory and Mathematical Statistics

Textbook and Reading Lists

Textbook:

Zhi Zhuo, Life Contingencies. Southwest University of Finance and Economics Press.

Suggested reading lists:

Xiaojun Wang, Mengsheng Wang, Actuarial Science. Beijing: China Renmin University Press, 2006.4.

Xiufang Li, Actuarial Science. China Financial Press.

Yu Lei, Actuarial Science. Peking University Press.

Kexin Fan, Insurance actuarial tutorial. Peking University Press.

Qi Zhang, Principle of Actuarial Life Insurance. Shanghai University of Finance and Economics Press.

Course Assessment

Item

Title

Weighting (%)

1

Task   in home

10%

2

Test   and Questions in class

20%

3

Final   Assignment

70%

Course Schedule

Week

Topics

Text

1

Overview

Chapters 1

2-5

The   Measurement of Interest and Basic Calculation

Chapters 2

6-9

Determine   the Annuity

Chapters 3

10-13

Life   Function

Chapters 4

14-17

Life   Annuities

Chapters 5

18

Review