Actuary Qualification
The complete actuarial programme in one course: 11 modules, 127 lessons, module exams and a final exam.
127 lessons 31 h 37 min Tests: 127 12 final tests Access: 12 mo.
Certificate
About the course
The qualification brings together the entire ASAB actuarial programme, from the fundamentals of actuarial mathematics to regulation and financial reporting. Each module is a full course of the programme with video lessons, lesson notes, lesson tests and a module exam. The qualification ends with a final exam.
Total video length: 31 h 37 min, 127 lessons.
- Module 1. Fundamentals of Actuarial Mathematics and the Language of Formulas
- Module 2. Theory of Interest Rates and Stochastic Processes in Life Insurance
- Module 3. Actuarial Principles and Their Applications
- Module 4. Actuarial Models in General Insurance
- Module 5. General Insurance and Reinsurance: Pricing, Reserves, Reinsurance Programmes
- Module 6. Actuarial Models and Pricing in Life Insurance
- Module 7. Valuation of Reserves and Capital Requirements in Life Insurance, Group and Health Insurance
- Module 8. Actuarial Methods for Valuing Pension and Social Security Schemes
- Module 9. Macroeconomic Forecasting of Actuarial Valuation Parameters Using Econometric Modelling
- Module 10. Insurance Companies and Pension Funds: Financing and Investment
- Module 11. Government Regulation and Financial Reporting in Insurance
Course program
- 1.1 Lesson 1. How to read actuarial mathematics test free 15 min
- 1.2 Lesson 2. Indices, time, powers and logarithms test 15 min
- 1.3 Lesson 3. Functions, graphs, sums and series test 14 min
- 1.4 Lesson 4. Interest rates and financial mathematics test 15 min
- 1.5 Lesson 5. Derivatives and integrals without formalism test 15 min
- 1.6 Lesson 6. Probability and random variables test 15 min
- 1.7 Lesson 7. Distributions and the survival function test 15 min
- 1.8 Lesson 8. The life table test 14 min
- 1.9 Lesson 9. Frequency, severity and aggregate loss test 14 min
- 1.10 Lesson 10. Matrices, modelling and the Monte Carlo method test 15 min
- 1.11 Lesson 11. Professional judgement, standards and diagnostics test 16 min
- 1.12 Module exam test
- 2.1 Lesson 1. Interest rates and the equation of value test 15 min
- 2.2 Lesson 2. Financial annuities test 15 min
- 2.3 Lesson 3. Loans and repayment schedules test 14 min
- 2.4 Lesson 4. Debt securities, yield, duration and convexity test 16 min
- 2.5 Lesson 5. Survival models and life tables test 15 min
- 2.6 Lesson 6. Life annuities test 14 min
- 2.7 Lesson 7. Single-life insurance test 16 min
- 2.8 Lesson 8. Joint insurance on several lives test 14 min
- 2.9 Lesson 9. Pension mathematics: basic level test 14 min
- 2.10 Module exam test
- 3.1 Lesson 1. Practical application of interest theory test 16 min
- 3.2 Lesson 2. Actuarial valuation of life annuities test 15 min
- 3.3 Lesson 3. Life insurance product development and underwriting fundamentals test 15 min
- 3.4 Lesson 4. Reserves and minimum capital in life insurance test 16 min
- 3.5 Lesson 5. Life insurance profitability analysis test 14 min
- 3.6 Lesson 6. General insurance: products, rates and reserves test 15 min
- 3.7 Lesson 7. Group life and disability insurance test 16 min
- 3.8 Lesson 8. Health insurance: fundamentals of actuarial valuation test 15 min
- 3.9 Lesson 9. Reinsurance test 15 min
- 3.10 Lesson 10. Pension schemes and social security test 15 min
- 3.11 Lesson 11. Insurance economics test 15 min
- 3.12 Lesson 12. Fundamentals of investment management test 14 min
- 3.13 Module exam test
- 4.1 Lesson 1. Utility theory and insurance economics test 15 min
- 4.2 Lesson 2. Individual risk model test 15 min
- 4.3 Lesson 3. Collective risk model test 14 min
- 4.4 Lesson 4. Claim frequency and severity models test 15 min
- 4.5 Lesson 5. Parameter estimation and model selection test 16 min
- 4.6 Lesson 6. Credibility theory test 14 min
- 4.7 Lesson 7. Bayesian models and conjugate distributions test 17 min
- 4.8 Lesson 8. Coverage modifications: deductibles, limits, inflation test 15 min
- 4.9 Lesson 9. Simulation and model validation test 16 min
- 4.10 Module exam test
- 5.1 Lesson 1. Data and exposure bases in ratemaking test 15 min
- 5.2 Lesson 2. The fundamental insurance equation test 15 min
- 5.3 Lesson 3. Trends, loss development and premium at current rate level test 15 min
- 5.4 Lesson 4. Risk classification and rate differentiation test 15 min
- 5.5 Lesson 5. Generalised linear models for ratemaking test 16 min
- 5.6 Lesson 6. Data structure for reserving test 15 min
- 5.7 Lesson 7. Loss development method (Chain-Ladder) test 15 min
- 5.8 Lesson 8. Expected loss ratio method and Bornhuetter–Ferguson method test 15 min
- 5.9 Lesson 9. Frequency-severity method and special reserving methods test 15 min
- 5.10 Lesson 10. Reserve uncertainty and ranges test 16 min
- 5.11 Lesson 11. Types of reinsurance and cash flow calculation test 15 min
- 5.12 Lesson 12. Designing a reinsurance programme test 15 min
- 5.13 Lesson 13. Comprehensive computer case study test 14 min
- 5.14 Module exam test
- 6.1 Lesson 1. The life insurance market and product architecture test 15 min
- 6.2 Lesson 2. Underwriting and mortality and morbidity factors test 15 min
- 6.3 Lesson 3. Model points and cash flow projection test 14 min
- 6.4 Lesson 4. Actuarial assumptions test 15 min
- 6.5 Lesson 5. Pricing strategies and methods test 16 min
- 6.6 Lesson 6. Expenses, commissions and new business strain test 15 min
- 6.7 Lesson 7. Profitability analysis and testing test 14 min
- 6.8 Lesson 8. Taxation and regulatory constraints test 15 min
- 6.9 Lesson 9. Construction and graduation of mortality tables test 15 min
- 6.10 Lesson 10. Multiple decrements and competing risks test 14 min
- 6.11 Lesson 11. Comprehensive pricing case study test 15 min
- 6.12 Module exam test
- 7.1 Lesson 1. Reserve Valuation Methods in Life Insurance test 14 min
- 7.2 Lesson 2. Reserving for Options and Guarantees test 14 min
- 7.3 Lesson 3. Capital Requirements and Risk Profile test 14 min
- 7.4 Lesson 4. Asset-Liability Management test 14 min
- 7.5 Lesson 5. Solvency and Capital Adequacy test 16 min
- 7.6 Lesson 6. With-Profits Contracts and Profit Distribution test 15 min
- 7.7 Lesson 7. Financial Reporting and IFRS 17 Insurance Contracts: An Introduction test 14 min
- 7.8 Lesson 8. Experience Analysis and Updating Assumptions test 15 min
- 7.9 Lesson 9. Group Life and Disability Insurance test 16 min
- 7.10 Lesson 10. Health Insurance: Underwriting and Pricing test 14 min
- 7.11 Lesson 11. Health Claims Reserving test 14 min
- 7.12 Lesson 12. Life and Health Reinsurance test 14 min
- 7.13 Lesson 13. Professionalism, Data Quality and Actuarial Communication test 15 min
- 7.14 Module exam test
- 8.1 Lesson 1. Architecture of Pension Systems test 15 min
- 8.2 Lesson 2. Design of Defined Benefit Schemes test 14 min
- 8.3 Lesson 3. Defined Contribution Schemes test 14 min
- 8.4 Lesson 4. Data and Actuarial Assumptions for Pension Valuation test 14 min
- 8.5 Lesson 5. Funding Methods for Defined Benefit Schemes test 16 min
- 8.6 Lesson 6. Stages of a Pension Scheme Actuarial Valuation test 15 min
- 8.7 Lesson 7. Financial Reporting of Employee Benefits test 15 min
- 8.8 Lesson 8. Investment of Pension Assets test 15 min
- 8.9 Lesson 9. Social Security Systems test 15 min
- 8.10 Lesson 10. Demographic Projections test 14 min
- 8.11 Lesson 11. Monte Carlo Method in Pension Valuation test 14 min
- 8.12 Lesson 12. Comprehensive Pension Case Study test 15 min
- 8.13 Module exam test
- 9.1 Lesson 1. Linear Regression: Specification and Estimation test 16 min
- 9.2 Lesson 2. Forecasting with Single-Equation Models test 14 min
- 9.3 Lesson 3. Distributed Lag Models test 14 min
- 9.4 Lesson 4. Non-Linear Models and Maximum Likelihood test 14 min
- 9.5 Lesson 5. Simultaneous Equation Systems test 14 min
- 9.6 Lesson 6. Smoothing and Extrapolation of Time Series test 16 min
- 9.7 Lesson 7. Stationarity and Stochastic Time Series test 17 min
- 9.8 Lesson 8. Model Validation and Backtesting test 16 min
- 9.9 Lesson 9. Actuarial Macroeconomic Parameters test 15 min
- 9.10 Lesson 10. Comprehensive Econometric Project test 17 min
- 9.11 Module exam test
- 10.1 Lesson 1. Ethics and Professional Standards in Investment test 15 min
- 10.2 Lesson 2. Quantitative Methods for Investment test 15 min
- 10.3 Lesson 3. Micro- and Macroeconomics for the Investor test 15 min
- 10.4 Lesson 4. Financial Statements and Analysis test 15 min
- 10.5 Lesson 5. Corporate Finance test 17 min
- 10.6 Lesson 6. Portfolio Management: Risk and Return test 15 min
- 10.7 Lesson 7. Equities test 14 min
- 10.8 Lesson 8. Debt Instruments test 15 min
- 10.9 Lesson 9. Derivative Financial Instruments test 15 min
- 10.10 Lesson 10. Alternative Investments test 15 min
- 10.11 Lesson 11. Asset-Liability Management for Insurers and Pension Funds test 15 min
- 10.12 Lesson 12. Investment Risk and Stress Testing test 15 min
- 10.13 Lesson 13. Investment Policy and Governance test 15 min
- 10.14 Module exam test
- 11.1 Lesson 1. Financial Statements of an Insurance Company test 15 min
- 11.2 Lesson 2. Early Warning Ratios test 14 min
- 11.3 Lesson 3. Financial Planning and Asset-Liability Management test 14 min
- 11.4 Lesson 4. Risk-Based Capital test 14 min
- 11.5 Lesson 5. IFRS 17 Insurance Contracts: Measurement Principles test 14 min
- 11.6 Lesson 6. The Link Between IFRS 17 and IFRS 9 Financial Instruments test 16 min
- 11.7 Lesson 7. Solvency I and Solvency II as International Practice test 15 min
- 11.8 Lesson 8. International Insurance Supervisory Principles test 15 min
- 11.9 Lesson 9. Risk-Based Supervision test 15 min
- 11.10 Lesson 10. The Role of the Actuary in Prudential Regulation test 15 min
- 11.11 Lesson 11. Insurance Legislation of the Republic of Kazakhstan test 18 min
- 11.12 Lesson 12. Data Quality test 15 min
- 11.13 Lesson 13. Actuarial Communication and Professionalism test 15 min
- 11.14 Lesson 14. Final Regulatory Case Study test 15 min
- 11.15 Module exam test
- 12.1 Final exam of the Actuary qualification test