- Department: The York Management School
- Module co-ordinator: Dr. Alexandra Da Costa Dias
- Credit value: 10 credits
- Credit level: H
- Academic year of delivery: 2021-22
- See module specification for other years: 2022-23
The module aims to provide a grounding in the traditional mathematical techniques which can be used to model and value cash flows dependent on death, survival, or other risks.
The module provides further opportunities for students to improve their analytical skills through rigorous mathematical reasoning.
Institute and Faculty of Actuaries. Part of Subject CM1: Actuarial Mathematics
Occurrence | Teaching period |
---|---|
A | Autumn Term 2021-22 |
The module aims to provide a grounding in the traditional mathematical techniques which can be used to model and value cash flows dependent on death, survival, or other risks.
The module provides further opportunities for students to improve their analytical skills through rigorous mathematical reasoning.
After successful completion the student is able to:
Subject content
Academic and graduate skills
Introduction to life insurance; Life tables; Insurance benefits and annuities; Premium calculation; Policy values.
Task | Length | % of module mark |
---|---|---|
Essay/coursework Contingencies I Case Study |
N/A | 20 |
Online Exam - 24 hrs (Centrally scheduled) Contingencies 1 |
8 hours | 80 |
None
Task | Length | % of module mark |
---|---|---|
Closed/in-person Exam (Centrally scheduled) Contingencies I Closed exam |
1.5 hours | 100 |
Students will receive feedback within one week of the hand-in problem sets. The feedback will be handed to students personally and takes the form of comments and suggestions for improvement written on the handed in work.
. Dickson, D.C.M., Hardy, M., and Waters, H.R. (2013). Actuarial mathematics for life contingent risks. 2nd edition. Cambridge, UK: Cambridge University Press.;