Ph D, Statistics with concentration in Actuarial Science, University of Iowa, 2013
RM 420 – Prp Cslty Hlth Ins (3)
Actuarial methods and concepts used to model property, casualty and health insurance losses along with credibility theory. RM 420 Property, Casualty, and Health Insurance (3) This course provides a solid understanding of actuarial methods and concepts used to develop loss models for property and casualty insurance and health insurance. The course makes use of real world numerical examples in order to demonstrate how actuaries use historical claims and pricing data, both company specific and industry, to determine rates and increases. The class also gives students a foundation in Credibility Theory and simulation to prepare for the actuarial examination on loss models.
RM 412 – Actuarial Math II (3)
Joint-life and survivor-life functions, population life tables, and multiple decrement theory, with applications to disability and retirement problems.
RM 410 – FIN MATH FOR ACTSC (3)
Compound interest and annuity functions; life annuities; equations of value; determination of yield rates; bonds; introduction to derivatives. R M 410 Financial Mathematics for Actuaries (3) The first section of the course focuses on Interest Theory, including compound interest, annuities- certain, and life annuities; equations of value; loans and their valuation; the pricing of bonds (with and without default), determining their yields to maturity and outstanding balances; determination of yield rates, spot rates, forward rates, and At-Par rates; duration of an asset or liability, and immunization of interest rate risk. The second section introduces students to derivatives, including the description, payoffs, and profits of forwards, futures, puts, calls, and swaps, and how to use them to manage a company's or investor's financial risks. The course helps prepare actuarial students for the international actuarial exam FM (Financial Mathematics).
R M 420 – Property, Casuality, and Health Insurance (3)
Actuarial methods and concepts used to model property, casualty and health insurance losses along with credibility theory.
R M 410 – Compound Interest and Annuities (3)
Compound interest and annuity functions; life annuities; equations of value; determination of yield rates; bonds; introduction to derivatives.
Funded by The Actuarial Foundation (TAF) and the Casualty Actuarial Society (CAS) through the 2012 Individual Grants Competition.
Funded by The Actuarial Foundation and the Society of Actuaries through the 2011 Individual Grants Competition.