Life Insurance Products Valuation in R

Name: Life Insurance Products Valuation in R
Brand: Careervira
Price: 150 USD
Availability: InStock
Rating: 1 (1 reviews)

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Course Report

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Course Features

Duration

4 hours

Delivery Method

Online

Available on

Limited Access

Accessibility

Mobile, Desktop, Laptop

Language

English

Subtitles

English

Level

Intermediate

Teaching Type

Self Paced

Video Content

4 hours

Course Description

To plan your financial future, it is essential to be familiar with the basics of life insurance products. This covers everything, from taking out a loan to design your retirement plan, to seeking financial protection in the event of your death. This course will help you understand the time value of money. This course will also teach you how to use human death data to calculate demographic markers such as life expectancy. By combining the basics of cash flow valuation with the calculation of survival and death probabilities in R, you will be able create life insurance products. These include life annuities which provide income upon survival as well as life insurance products that pay a benefit upon death.

Course Overview

Virtual Labs

International Faculty

Post Course Interactions

Hands-On Training,Instructor-Moderated Discussions

Skills You Will Gain

Prerequisites/Requirements

Foundations of Probability in R

Intermediate R

What You Will Learn

In this course, you'll study the time value of money and you’ll work with human mortality data to derive demographic markers (such as the life expectancy)

You'll come out of this course understanding the valuation of life contingent claims: life annuities, which provide an income upon survival, and life insurance products, which pay a benefit upon death of the policyholder

Course Content

Expand all sections

Module 1: Valuation of Cash Flows

Module 2: Life Tables

Module 3: Life Annuities

Module 4: Life Insurances

Course Instructors

Katrien Antonio

Professor, KU Leuven and University of Amsterdam

Katrien Antonio is professor in actuarial science at KU Leuven (Belgium) and the University of Amsterdam (The Netherlands). Katrien teaches data science methods for insurance and her research puts fo...

Roel Verbelen

Statistician, Finity Consulting

Roel is a statistician and an R enthusiast who holds a PhD in Business Economics from KU Leuven (Belgium). His main interest lies in the use of advanced data analytical methods in the general insuran...