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The main task of SOA is to provide actuarial education programs in the areas of life insurance, health insurance, employee benefits and pensions, and to continue to educate actuaries to improve the counseling and resolution of financial, insurance, financial and social issues involving uncertain events. Its research institute conducts research on historical experience data and forecasting technology, analyzes public policy issues from an actuarial perspective, and proposes solutions to problems.
Lesson 1 Mathematical Foundations of Actuarial Science
Description: The purpose of this course is to develop knowledge about some basic mathematical tools and to develop the ability to assess risks from a quantitative perspective, especially to apply these tools to solve problems in actuarial science. And suppose that the students have mastered the basics of calculus, probability theory and risk management before learning this course. Main contents and concepts: calculus; probability theory; risk management (including loss frequency; loss amount; retention amount; deductible; joint insurance and risk premium).
Course 2 Interest Theory, Economics, and Finance
Description: This course includes interest theory, intermediate microeconomics and macroeconomics, and the foundation of finance. Basic knowledge of calculus and probability theory is required before studying this course. Main contents and concepts: interest theory; microeconomics; macroeconomics; financial basis.