Module code: MTH7025U
Credits: 15.0
Semester: SEM1
Contact: Mr Christopher Sutton
Overlap: In taking this module you cannot take MTH6157
Models for survival are of crucial importance in the Insurance and Pensions industry. This module covers part of the core principle syllabus of the IFoA's Subject Actuarial Statistics. The material covered includes the mathematics of survival models, estimation of lifetime distributions, Binomial and Poisson mortality models, graduation of crude rates and goodness-of-fit of derived models, methods of projecting mortality rates. This module provides deep knowledge of a number of parametric and non-parametric statistical approaches and methods developed by actuaries using age-specific death rates for survival and mortality. Tests of the consistency of crude estimates with a standard table using a number of non-parametric methods is also studied.
Connected course(s): UDF DATA
Assessment: 80.0% Examination, 20.0% Coursework
Level: 7
