MATH 8349 Loss Models
The goal of this course to gain a conceptual understanding and practical facility with the statistical/probabilistic techniques that form the syllabus for the SOA exam, Construction and Evaluation of Actuarial Models. Topics include Frequency models, aggregate models, Severity models, construction of empirical models, construction and selection of parametric models, Bayesian estimation, estimating failure time and loss, determining the acceptability of a fitted model, credibility, and simulation.
Prerequisite
Consent of the instructor
Offered
As scheduled