Course program 1. Module 1. Fundamentals of Actuarial Mathematics and the Language of Formulas Lesson 1. How to read actuarial mathematics test 🔒 Lesson 2. Indices, time, powers and logarithms test 🔒 Lesson 3. Functions, graphs, sums and series test 🔒 Lesson 4. Interest rates and financial mathematics test 🔒 Lesson 5. Derivatives and integrals without formalism test 🔒 Lesson 6. Probability and random variables test 🔒 Lesson 7. Distributions and the survival function test 🔒 Lesson 8. The life table test 🔒 Lesson 9. Frequency, severity and aggregate loss test 🔒 Lesson 10. Matrices, modelling and the Monte Carlo method test 🔒 Lesson 11. Professional judgement, standards and diagnostics test 🔒 Module exam test 2. Module 2. Theory of Interest Rates and Stochastic Processes in Life Insurance 🔒 Lesson 1. Interest rates and the equation of value test 🔒 Lesson 2. Financial annuities test 🔒 Lesson 3. Loans and repayment schedules test 🔒 Lesson 4. Debt securities, yield, duration and convexity test 🔒 Lesson 5. Survival models and life tables test 🔒 Lesson 6. Life annuities test 🔒 Lesson 7. Single-life insurance test 🔒 Lesson 8. Joint insurance on several lives test 🔒 Lesson 9. Pension mathematics: basic level test 🔒 Module exam test 3. Module 3. Actuarial Principles and Their Applications 🔒 Lesson 1. Practical application of interest theory test 🔒 Lesson 2. Actuarial valuation of life annuities test 🔒 Lesson 3. Life insurance product development and underwriting fundamentals test 🔒 Lesson 4. Reserves and minimum capital in life insurance test 🔒 Lesson 5. Life insurance profitability analysis test 🔒 Lesson 6. General insurance: products, rates and reserves test 🔒 Lesson 7. Group life and disability insurance test 🔒 Lesson 8. Health insurance: fundamentals of actuarial valuation test 🔒 Lesson 9. Reinsurance test 🔒 Lesson 10. Pension schemes and social security test 🔒 Lesson 11. Insurance economics test 🔒 Lesson 12. Fundamentals of investment management test 🔒 Module exam test 4. Module 4. Actuarial Models in General Insurance 🔒 Lesson 1. Utility theory and insurance economics test 🔒 Lesson 2. Individual risk model test 🔒 Lesson 3. Collective risk model test 🔒 Lesson 4. Claim frequency and severity models test 🔒 Lesson 5. Parameter estimation and model selection test 🔒 Lesson 6. Credibility theory test 🔒 Lesson 7. Bayesian models and conjugate distributions test 🔒 Lesson 8. Coverage modifications: deductibles, limits, inflation test 🔒 Lesson 9. Simulation and model validation test 🔒 Module exam test 5. Module 5. General Insurance and Reinsurance: Pricing, Reserves, Reinsurance Programmes 🔒 Lesson 1. Data and exposure bases in ratemaking test 🔒 Lesson 2. The fundamental insurance equation test 🔒 Lesson 3. Trends, loss development and premium at current rate level test 🔒 Lesson 4. Risk classification and rate differentiation test 🔒 Lesson 5. Generalised linear models for ratemaking test 🔒 Lesson 6. Data structure for reserving test 🔒 Lesson 7. Loss development method (Chain-Ladder) test 🔒 Lesson 8. Expected loss ratio method and Bornhuetter–Ferguson method test 🔒 Lesson 9. Frequency-severity method and special reserving methods test 🔒 Lesson 10. Reserve uncertainty and ranges test 🔒 Lesson 11. Types of reinsurance and cash flow calculation test 🔒 Lesson 12. Designing a reinsurance programme test 🔒 Lesson 13. Comprehensive computer case study test 🔒 Module exam test 6. Module 6. Actuarial Models and Pricing in Life Insurance 🔒 Lesson 1. The life insurance market and product architecture test 🔒 Lesson 2. Underwriting and mortality and morbidity factors test 🔒 Lesson 3. Model points and cash flow projection test 🔒 Lesson 4. Actuarial assumptions test 🔒 Lesson 5. Pricing strategies and methods test 🔒 Lesson 6. Expenses, commissions and new business strain test 🔒 Lesson 7. Profitability analysis and testing test 🔒 Lesson 8. Taxation and regulatory constraints test 🔒 Lesson 9. Construction and graduation of mortality tables test 🔒 Lesson 10. Multiple decrements and competing risks test 🔒 Lesson 11. Comprehensive pricing case study test 🔒 Module exam test 7. Module 7. Valuation of Reserves and Capital Requirements in Life Insurance, Group and Health Insurance 🔒 Lesson 1. Reserve Valuation Methods in Life Insurance test 🔒 Lesson 2. Reserving for Options and Guarantees test 🔒 Lesson 3. Capital Requirements and Risk Profile test 🔒 Lesson 4. Asset-Liability Management test 🔒 Lesson 5. Solvency and Capital Adequacy test 🔒 Lesson 6. With-Profits Contracts and Profit Distribution test 🔒 Lesson 7. Financial Reporting and IFRS 17 Insurance Contracts: An Introduction test 🔒 Lesson 8. Experience Analysis and Updating Assumptions test 🔒 Lesson 9. Group Life and Disability Insurance test 🔒 Lesson 10. Health Insurance: Underwriting and Pricing test 🔒 Lesson 11. Health Claims Reserving test 🔒 Lesson 12. Life and Health Reinsurance test 🔒 Lesson 13. Professionalism, Data Quality and Actuarial Communication test 🔒 Module exam test 8. Module 8. Actuarial Methods for Valuing Pension and Social Security Schemes 🔒 Lesson 1. Architecture of Pension Systems test 🔒 Lesson 2. Design of Defined Benefit Schemes test 🔒 Lesson 3. Defined Contribution Schemes test 🔒 Lesson 4. Data and Actuarial Assumptions for Pension Valuation test 🔒 Lesson 5. Funding Methods for Defined Benefit Schemes test 🔒 Lesson 6. Stages of a Pension Scheme Actuarial Valuation test 🔒 Lesson 7. Financial Reporting of Employee Benefits test 🔒 Lesson 8. Investment of Pension Assets test 🔒 Lesson 9. Social Security Systems test 🔒 Lesson 10. Demographic Projections test 🔒 Lesson 11. Monte Carlo Method in Pension Valuation test 🔒 Lesson 12. Comprehensive Pension Case Study test 🔒 Module exam test 9. Module 9. Macroeconomic Forecasting of Actuarial Valuation Parameters Using Econometric Modelling 🔒 Lesson 1. Linear Regression: Specification and Estimation test 🔒 Lesson 2. Forecasting with Single-Equation Models test 🔒 Lesson 3. Distributed Lag Models test 🔒 Lesson 4. Non-Linear Models and Maximum Likelihood test 🔒 Lesson 5. Simultaneous Equation Systems test 🔒 Lesson 6. Smoothing and Extrapolation of Time Series test 🔒 Lesson 7. Stationarity and Stochastic Time Series test 🔒 Lesson 8. Model Validation and Backtesting test 🔒 Lesson 9. Actuarial Macroeconomic Parameters test 🔒 Lesson 10. Comprehensive Econometric Project test 🔒 Module exam test 10. Module 10. Insurance Companies and Pension Funds: Financing and Investment 🔒 Lesson 1. Ethics and Professional Standards in Investment test 🔒 Lesson 2. Quantitative Methods for Investment test 🔒 Lesson 3. Micro- and Macroeconomics for the Investor test 🔒 Lesson 4. Financial Statements and Analysis test 🔒 Lesson 5. Corporate Finance test 🔒 Lesson 6. Portfolio Management: Risk and Return test 🔒 Lesson 7. Equities test 🔒 Lesson 8. Debt Instruments test 🔒 Lesson 9. Derivative Financial Instruments test 🔒 Lesson 10. Alternative Investments test 🔒 Lesson 11. Asset-Liability Management for Insurers and Pension Funds test 🔒 Lesson 12. Investment Risk and Stress Testing test 🔒 Lesson 13. Investment Policy and Governance test 🔒 Module exam test 11. Module 11. Government Regulation and Financial Reporting in Insurance 🔒 Lesson 1. Financial Statements of an Insurance Company test 🔒 Lesson 2. Early Warning Ratios test 🔒 Lesson 3. Financial Planning and Asset-Liability Management test 🔒 Lesson 4. Risk-Based Capital test 🔒 Lesson 5. IFRS 17 Insurance Contracts: Measurement Principles test 🔒 Lesson 6. The Link Between IFRS 17 and IFRS 9 Financial Instruments test 🔒 Lesson 7. Solvency I and Solvency II as International Practice test 🔒 Lesson 8. International Insurance Supervisory Principles test 🔒 Lesson 9. Risk-Based Supervision test 🔒 Lesson 10. The Role of the Actuary in Prudential Regulation test 🔒 Lesson 11. Insurance Legislation of the Republic of Kazakhstan test 🔒 Lesson 12. Data Quality test 🔒 Lesson 13. Actuarial Communication and Professionalism test 🔒 Lesson 14. Final Regulatory Case Study test 🔒 Module exam test 12. Final qualification exam 🔒 Final exam of the Actuary qualification test Module 7. Valuation of Reserves and Capital Requirements in Life Insurance, Group and Health Insurance Lesson 7. Financial Reporting and IFRS 17 Insurance Contracts: An Introduction 🔒 Sign in to open the lesson Sign in Registration