Exam ALTAM – Advanced Long-Term Actuarial Mathematics

7セクション · 36チャプター

SOA (Society of Actuaries) の学習者向けの無料Exam ALTAM – Advanced Long-Term Actuarial Mathematics学習ノート。各章のリンクから、要点・例題・練習問題への導線にアクセスできます。

Survival Models for Contingent Cash Flows

Mortality curves and heterogeneity in mortality
Markov multiple state models for life and long-term health benefits and CCRCs
Assumptions underlying Markov multiple state models
Kolmogorov's forward equations for continuous-time Markov models
State-dependent probabilities for continuous-time Markov models
Chapman-Kolmogorov equations for discrete-time transition probabilities
Multiple decrement tables and single decrement models
Maximum likelihood estimates of transition intensities and probabilities
Confidence intervals for transition intensity estimators

Premium and Policy Valuation for Long-Term State-Dependent Coverages

State-dependent insurance and annuity present value random variables
Two-term and three-term Woolhouse approximations
Premiums for state-dependent coverages by the equivalence principle
Policy values for state-dependent coverages
Thiele's differential equation

Joint Life Insurance and Annuities

Modelling joint-life mortality: time-to-status-failure and multiple state models
Dependence of future lifetimes in joint life models
Premiums for insurance and annuities on joint lives
Policy values for insurance and annuities on joint lives

Profit Analysis

Expected profit and actual profit
Analysis of gains by source
Profit signature, profit vector, NPV, IRR, profit margin, and discounted payback period
Premiums based on a specified profit objective
Reserves using profit testing

Pension Plans and Retirement Benefits

Replacement ratios for DC and DB plans (FAS, CAE, CARE)
Required contribution rate for a DC plan
Service table and salary scale functions
Accrued benefits for a DB plan, including early exit
Actuarial accrued liability and normal cost: PUC and TUC methods

Universal Life Insurance

Account values and benefits under Type A and Type B Universal Life policies
Reserves for no-lapse guarantees
Deterministic profit testing for Universal Life insurance

Embedded Options in Life Insurance and Annuity Products

Payoffs under embedded guarantees: GMDB, GMMB, GMIB, and GMWB
Valuing embedded guarantees using the Black-Scholes model
Replicating portfolios via delta-hedging
Costs of discrete-time rebalancing
Profit testing for equity-linked life insurance cash flows

学んだ内容を実践しよう

読むだけで終わらせない。AIが生成する無制限の演習問題で理解を定着させよう。100,000人以上の学生が成績アップを実感。

無料で問題を解く料金を見る

読み終わった？AI問題で理解度をチェック

このトピックを今すぐ演習