ACTS4305 - Short Term Actuarial Mathematics II

ACTS 4305 Short Term Actuarial Mathematics II (3 semester credit hours) The purpose of this class is to further develop the student's knowledge of construction and selection of parametric models using Bayesian estimation technique as well as model selection using hypothesis testing and score-based approaches. Loss estimation using credibility theory, insurance and reinsurance coverages, and pricing and reserving will be discussed. This class covers parts of the CAS Exam 5 and the SOA Exam STAM. May be repeated for credit (6 semester credit hours maximum). Prerequisites: ACTS 4304 with a grade C- or higher and instructor consent required. (3-0) Y