The student will be able to perform valuations of the main life insurance contracts along with reserve and premium calculations.
a) Understanding the contracts, assurances and annuities, as random variables and the risk involved.
b) Considering insurance contracts as signatures of future cash-flows.
c) Knowledge of the theoretical basis of insurance premiums calculations.
d) Understanding the concept of reserves and the most relevant calculation techniques.
e) Design of multiple contingencies contracts: disability, death, etc.
f) Design of multiple lives policies: widowhood, orphans, etc.
g) Implementation of calculation algorithms in a programming language.
a) Analysis and synthesis
b) Problem solving approach
c) Work team player.
d) Critical reasoning
e) Written and verbal communication