UT Dallas 2023 Graduate Catalog

ACTS6303 - Principles of Long Term Actuarial Mathematics II

ACTS 6303 Principles of Long Term Actuarial Mathematics II (3 semester credit hours) The purpose of this class is to further develop the students' knowledge of the theoretical basis of life contingent actuarial models and the application of those models to insurance and other financial risks. Reserves for life insurances and life annuities, multiple-life models, multiple-decrement models, multi-state models, long-term insurance coverages, pension plans and retirement benefits, Markov chains, profit tests, and estimation of mortality rates will be studied. This class covers parts of SOA Exams FAM and ALTAM. Prerequisite: ACTS 6301 and instructor consent required. (3-0) Y