"Actuarial science consists of the construction and analysis of mathematical models which describe the process by which funds flow into and out of an insurance system". The goal of this course is to study the modelling process while focusing on the idea of loss as defined in actuarial science. Our learning outcomes are the same as those of SOA EXAM C; We will cover as much of that material as possible.
Instructor: Hanna Jankowski
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Office: N621B Ross
Office hours: Fridays 10-11:15, or by appointment. No drop-ins, please.
Textbook: Loss Models: From Data to Decisions by Klugman, Panjer, and Willmot (4th edition) [REQUIRED]