What are sensitivity analyses and scenario testing in actuarial work?

The Fundamentals of Actuarial Mathematics (FAM) Exam provides an assessment of actuarial methods useful in modeling, foundational principles of ratemaking and ... An actuary must be well-versed in mathematics, statistics, finance, and data analysis. The faculty in the Actuarial Science concentration have experience ... AMS 410, Actuarial Mathematics. Catalog Description: Reviews relevant mathematical topics in the context of risk assessment and insurance for the first ... The goal of this course is to provide an understanding of the fundamental concepts of financial mathematics including introductory concepts of interest rates, ... The actuarial science major gives students strong analytical, problem-solving, and critical thinking skills that can be applied to a variety of industries and ... About the programme. With Actuarial Mathematics you will cultivate skills and competences in mathematical statistics, mathematical finance, and quantitative ... Feb 13, 2023 ... The actuarial program at K-State is in the Mathematics Department and so has a strong mathematical base. There is a separate Statistics ... The Actuarial Mathematics minor is designed to provide broad training in the basic mathematics needed to pursue a career in actuarial science. Stark State's associate of science in pre-actuarial mathematics is a two-year degree designed for students interested in pursuing advanced degrees in ... ACTS4304 - Short Term Actuarial Mathematics I. ACTS 4304 Short Term Actuarial Mathematics I (3 semester credit hours) The purpose of this class is to develop ...