Prerequisites: MET AT 531 or consent of instructor. - This course continues with the development of short-term financial models introduced in AT531 (“Fundamentals of Actuarial Science”). This course addresses severity, frequency, and aggregate models, and evaluation of both complete and incomplete data. The course also covers mathematical models for specific types of insurance, such as medical, automobile, and disability insurance. Credibility models comprise the final topic for the course, and the Classical, Bühlmann-Straub, and Bayesian methods are discussed. The material covered in this course may help students prepare for SoA Exam ASTAM.

Note that this information may change at any time. Please visit the MyBU Student Portal for the most up-to-date course information.