Introduction to Actuarial Science

Faculteit Economie en Bedrijfskunde
Jaar 2017/18
Vakcode EBB827A05
Vaknaam Introduction to Actuarial Science
Niveau(s) bachelor, uitwisseling
Voertaal Engels
Periode semester II a
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Uitgebreide vaknaam Introduction to Actuarial Science
Leerdoelen Upon completion of the course the student is able to:
1.Describe the most important actuarial notions from life insurance.
2.Give examples of the applicability of the actuarial models in the field of insurance, mortgages and pensions.
3.Explain how a life table is constructed, explain what the (un)certainties are in a life table and their consequences for life insurance and annuity products.
4.Calculate the present value of various life insurance products, based on the type of contract and the given life table using statistical software.
5.Explain how risks in a portfolio of life insurance products can be calculated.
6.Determine the most suitable technique from mathematics, statistics and probability to solve problems in life insurance.
7.Write down solutions and outcomes to life insurance problems (in English) and reflect on outcomes.
Omschrijving The economics of insurance, individual risk models for a short term, survival distributions and life tables, life insurance, life annuities, and benefit premiums.
Uren per week 4
Onderwijsvorm hoorcolleges, opdracht(en), practica
Toetsvorm schriftelijk tentamen met open vragen
Vaksoort bachelor
Coördinator O. Rétallér
Docent(en) O. Rétallér
Verplichte literatuur
Titel Auteur ISBN Prijs
Actuarial Mathematics for Life Contingent Risks, 2nd Edition, 2013

Dickson, et al. 9781107044074 ca. €  89,00
Opmerkingen Secretary: Martine Geerlings-Koolman, phone: +31(0)50 363 7018, e-mail:
Opgenomen in
Opleiding Jaar Periode Type
BSc Econometrics and Operations Research/EOR  (basisprogramma BSc EOR) 2 semester II a verplicht
BSc Wiskunde: Statistics and Econometrics 2 semester II a keuzegroep
Courses open to Exchange Students (BSc)  ( Courses open to Exchange Students (BSc) without limited access) 2 semester II a keuze