Skip to main content

Ma 463: Actuarial Mathematics I

To edit course information, hover your mouse over this help box and click the pencil icon that appears above it. After you make changes, click Save, then click the check box that appears above this box to publish the changes.

Actuarial modeling, including life states, survival models, and relevant random variable calculations; premium and reserves calculations; pension and retirement calculations, Corequisite: Ma 441, 3 credits.

Fall 2023 Course Information

Readings

Beginners Guide to the Casualty Actuarial Language

In-Class/Take-Home Tests

Testing Guidelines

Handouts (Collected Homework)

Ch 2 Notation/English

Ch 2 Notation/Formulas

Ch 2 Constant Mortality

 Ch 4 Notation/English

 Ch 4 Constant Mortality

 Ch 5 Constant Mortality

 Ch 6 Premiums/Loss

 Ch 7 Valuation

Homework

Recommended Problems:

Coaching Actuaries Practice Problems for each chapter
Chapter 2:  #1, 2, 4, 5, 8, 9, 14, 16, 17, 18
Chapter 3:  #1 (just graphs are okay, use the life tables), 2, 4, 5, 6, 11, 13
Chapter 4:  #1 - 4, 9, 10, 11, 15, 16, 18, 20, 21, 25, 27, 33
Chapter 5:  #1 - 6, 10, 14, 20, 22, 25   
Chapter 6:  #1 - 4, 6, 7, 10 - 13, 16, 18, 25  
Chapter 7:  #1, 8, 9, 11, 13, 14, 16, 17, 20, 22, 23

 

Papers

Actuary Roles

 Actuarial Ethical Concerns

Project

Capstone Project F23

Additional Resources

SOA Exam FAM

SOA Exam FAM-L Tables - these will be provided to you for each test