Actuarial Science For Non-Actuaries
How Insurance Really Works
Understand the concept of reserves
Have knowledge of insurance law
Become familiar with basic accounting concepts
You probably have some insurance, in fact you probably have to, but how does it really work? Where do your premiums go? What does an insurer do with them?
In this course we’ll see how the prices paid for insurance become claim payments and add to the economy.
From the pooling concept to reserves, expenses, landmark accounting standards, and annuities with their investments you’ll learn the concepts from an industry insider with the small actuarial profession that deals with the finance of insurance.
You can view and review the lecture materials indefinitely, like an on-demand channel.
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Includes
3 hours on-demand video
Certificate of Completion