Actuarial Mathematics

Major: Finance, Banking and Insurance
Code of subject: 6.072.00.O.058
Credits: 5.00
Department: Applied Mathematics
Lecturer: PhD, as. prof. Applied Mathematics Department, Gaiduchok O.V.
Semester: 5 семестр
Mode of study: денна
Learning outcomes: As a result of studying the discipline the student should know: • principles of construction and analysis of actuarial models; • the main numerical characteristics of financial transactions used in insurance; • methods of analytical estimation of results of activity and forecasting of development of insurance company. • The trained specialist should be able to: • build and research specific actuarial models; • Practically apply the methods of insurance calculations; • perform an analytical evaluation of the performance of the insurance company and make a forecast of its development.
Required prior and related subjects: Previous academic disciplines 1. Statistics 2. Insurance 3. Economic and mathematical methods and models Related and subsequent disciplines 1. Insurance services
Summary of the subject: The course "Actuarial Mathematics" covers the methods of estimating cash flows in time, the basics of the construction and practical use of actuarial models, methods of conducting insurance calculations.
Assessment methods and criteria: Current control: laboratory work Examination: final written work, oral tasks
Recommended books: 1. Electronic educational and methodical complex for the course "Actuarial Mathematics" (authors: Gaiduchok O.V., Yaroshko S.M. http://vns.lpnu.ua/course/view.php?id=6580) 2. Khaletska Z.P. Fundamentals of actuarial mathematics: textbook / Z.P. Khaletska, Y.O. Dovgenko. Kropyvnytskyi: V.V. Vynnychenko CDPU, 2018. - 180 p. 3. Kopych I.M., Sorokivsky V.M., Cherkasova S.V., Sorokivska M.V. Actuarial calculations: a textbook / I.M. Kopych, V.M. Sorokivsky, S.V. Cherkasova - Lviv: Novyi Svit - 2000, 2020. 214 p. 4. Yaroshko S.M. Actuarial mathematics. Lviv: Lviv Polytechnic University Press, 2008. 84 p.