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AS 3502

Advanced Long-Term Actuarial Modeling

Temple University 3 credits AS

Course Description

The course introduces Markov Chains to extend the pricing and reserving concepts of AS 3501 to multiple lives (e.g. life insurance for a married couple or business partners) and multiple decrements (e.g. modeling different health statuses). The course also includes actuarial applications to pension valuation and profit testing, as well as embedded options in life insurance and annuity products. Prior to fall 2022, the course title was "Actuarial Modeling II."

Code
AS 3502
Credits
3
Subject
AS

Programs That Include This Course

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