Actuarial Science Training - Core Technical - Statistics (CT 6)

Actuarial Sciences

This course is helpful for students aspiring to take Actuarial science exams from Institute of Actuaries of India (IAI) or Institute and Faculty of Actuaries (UK) and even from Society of Actuaries (US). Actuarial science uses mathematical and statistical methods to assess risk in insurance, finance and other industries and professions. Actuarial Analyst is one of the most sought after professions in the current job Market. CT6 - Statistics is one of the important Actuary exams in the journey towards becoming an Actuary. The curriculum covers the different concepts of Statistics.

Veiw CT 6 STATISTICS complete training videos



To be an Actuary, a good Understanding of different aspects of Financial Reports is a necessity.

Course curriculum - Financial Reporting

Bayes Theorem Bayes Criteria for two different distributions Prior and Posterior Distributions Loss Function
Estimation of Parameters Weibull Distribution Estimation of Parameters Introduction to Credibility Theory Reinsurance arrangements
Bayesian Credibility Models for Short Term Insurance Contracts Ruin Theory Basic Concepts Poisson Process
Compound Poisson Process Run off Triangles Introduction Bornheutter Fegusson Method Main Linear Models of Time Series
Autocovariance and Correlation Computation Model fitting and forecasting Invertible Time Series - MA of Order Infinity Probability of Ruin Adjustment Coefficient
Aggregate Claims Aggregate Claim Distribution under reinsurance Inflation adjusted Chain Ladder Reserves calculation Retention Limit in Excess of Loss Reinsurance

Faculty profile

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