Principles of Actuarial Modelling
By MJ the Fellow Actuary
Principles of Actuarial Modelling free download
By MJ the Fellow Actuary
This is a theoretical course for the Actuarial Exams.
The course answers the following questions
What is a model and why do Actuaries make them?
What are the components of a model?
What are the limitations of models?
Deterministic vs Stochastic: Whats the difference?
What is the Time Horizon?
What is Stress Testing?
What is Scenario Analysis?
What is Sensitivity Testing?
How do we communicate a Model's results?
Actuarial Exams:
Almost all actuarial subjects involve models and so this subject is appropriate for them all.
